Warren Buffett, Chairman and CEO of Berkshire Hathaway, said today that he would scrap the Senate health care bill because it doesn’t effectively attack costs.
From Politico [emphasis mine]: Asked if he would be in favor of scrapping the Senate health care bill, Buffett responded: “I would be.”
If the president were to start over, Buffett would advise him to “just show this chart of what's been happening and say this is the tapeworm that's eating at American competitiveness. And I would say that one way or another, we're going to attack costs, costs, costs, just like they talk about jobs, jobs, jobs.”
Buffett urged Obama to say that “we're going to cut off all the kinds of things like the 800,000 special people in Florida or the Cornhusker kickback, as they called it, or the Louisiana Purchase, and we're going to — we're going to get rid of the nonsense. We're just going to focus on costs and we're not going to dream up 2,000 pages of other things. And I would say, as president, `I'm going to come back to you with something that's going to do something about this, because we have to do it.’”
Doesn’t this sound like the perfect thing to say for the introduction of ObamaCare 3.0? Is Buffett the trial balloon for scrapping ObamaCare versions 1 & 2? Could be, this administration loves trial balloons.
Buffett also said that if the choice were between what we have now and passing what he considers flawed Senate Bill, he would pass the flawed bill. In other words, ineffective legislation is better than no legislation. With an attitude like that, I do have to wonder how this man became so rich.
Via: Memeorandum
Via: Politico
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6 comments:
"In other words, ineffective legislation is better than no legislation. With an attitude like that, I do have to wonder how this man became so rich."
Buffet can have that attitude and be rich, because in this instance he's not dealing with his money.
Huh... Kinda sounds like Congress in general, doesn't it?
Don't answer the last question... I already know the answer to that. :P
Why would he even say something that asinine? Is he just sucking up? If it doesn't effectively cut costs (and has actually been shown to INCREASE costs for people like you and me, by A LOT), why would he be in favor of a flawed bill? That just leads to more manure piled on top of an already too-large mountain of shit and that much more we have to dig ourselves (or our grandchildren, anyhow) out of later.
WTH is wrong with these people?
Yukio:
Sorry but blogger is having some crazy issue and I could not post your comment. Please post again.
Angie Lee:
I too cannot make sense of Buffett. He openly admits that the bill won't handle the number one problem, but despite that major short coming would vote for it. That is a heck of a lot of money and "change" for something that doesn't work as advertised.
We need to lose all the people who have this type of thinking.
Clifton:
Thanks. It wasn't anything great.
Just that you wrote "In other words, ineffective legislation is better than no legislation. With an attitude like that, I do have to wonder how this man became so rich."
I think he's able to have that attitude and be so rich, because he's not making these descions with his own money-- a trait he seems to share with members of Congress.
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