Letters to the National Post: Some readers show their support for Warren Buffet

In a recent article, I supported Warren Buffet. This week, in a letter adressed to the editor of the New York Times, he defended the principle that the rich and the wealthy must contribute significantly to the financing of the State, that it was not only to the poor and the middle class to do that. Curiously, two columnists in the National Post, Peter Foster and Jack Mintz, joined their voices to criticize and almost discredit Mr Buffet. Honestly, belonging myself to the class of low-wage workers and surviving from paycheck to paycheck, I found these « opinions » so heartless, irrelevant and out of touch with reality that I didn’t even bother to respond. Normally, as a blogger I would have, but I said to myself: « what the hell ». And then on Thursday, August 18th, the newspaper published some readers reactions that corroborated my firts impressions. So I am not going to say much more. I am just going to invite you to read them. They do justice to the issues involved. It appears finally that I am not the only one who has good feelings for Warren Buffet, and for sanity in general, when the time comes to administrate the State and the economy. I also join the articles in question from both Foster and Mintz.

Ryan Mulatz

Ronald Pletan

Styli Pappas

Peter Foster – The Stooge of Omaha

Jack Mintz – Buffet misses mark

Warren Buffet’s 2010 Presidential Medal of Freedom: Finally, a still-sane man in the U.S.!

© I3alda | Dreamstime.com

Billionaire Warren Buffet wrote a letter to the editor of the New York Times recently. The letter was published in the August 15th edition. The reason why I am talking to you about that is that it is so rare to hear or read rich people in the U.S., and in the world, to actually say that it might be good to share both wealth and responsibilities with others, that it becomes an event by itself. As a centrist, I am becoming so weary of the useful fools on the Left but also on the Right, that sometimes I feel discouraged by all the crap that I hear or read. Here, with this letter, you have the opinion of a man who, believe it or not, and contrary to the vast majority of his peers, seems to have kept his senses, his intelligence, his judgement, his mental faculties. That’s certainly refreshing. So there is no way in hell that I want to miss that opportunity to underline that exercice. When people in charge, officially or in the shadows, conduct themselves as idiots, bandits and criminals, I think we have to say it and denounce it. But when they show opposite behavior, good and decent qualities, in all fairness, we have to pay tribute. It’s been a long time since I have not see anything coming out of the U.S., besides the work of my friends that I like to reference as often as I can, that seems moderate, thoughful and wise. That’s why I invite you to read this. The solution of our problems is not on the Right. The rich have to pay their taxes like any other citizens, in all fairness. And the solution is not on the Left. Seizing the wealth of the rich to give it to the poor makes no sense. When there are no rich anymore, who is going to invest huge chunks of capital when it is needed? The real solution is in the Center. Everybody is taxed by the governement at the same rate. Period. Thus, nobody can whine they are not treated with fairness. I also join a short clip of Buffet following the news that he had been chosen Presidential Medal of Freedom Recipient for 2010.

Warren Buffet on taxation