Buffet Says "stupid" to Describe Holding Back the US Dept Ceiling:

I remember when a person who called someone "stupid" and "dumb" was wrong enough to justify a reprimand. Sometimes, however, calling a "spade a spade" is the only way to get the attention of voters. So here's the problem. Elected officials in Congress are using the debt ceiling to blackmail President Obama to unfund health care reform passed in "Obamacare".

They are stupid.  

President Obama can't succumb to blackmail about Obamacare, because it's a law. That's all there is to it.

Instead, we must vote our stupid and dumb Republican politicians in the US Congress out of office, because they're behaving like selfish children who can't get their way. 

In other words, a minority of right wing extremists don't want Obamacare, aka health care reform, so they're holding their breath in a tantrum, threatening to block an increase in the US debt ceiling, until they get their way. The problem is, of course, these childish and obstructionist Republicans are turning blue waiting to get their way. Unfortunately, they're stupidly intent on bringing down US government operations, rather than behave like adults and do the work for which they're elected. Their work is to lift the US debt ceiling and to keep the government operating.  

Republicans need to do their jobs and stop obstructing government. If these obstructionist Republicans worked in the private sector, they'd be summarily fired for incompetence.

Nonetheless, apparently, Congressional Republicans are immune to the degrading "stupid" label. Not only are they holding up the debt ceiling as a threat, but some are even engaged in political blackmail. These stupid politicians are using the debt ceiling as leverage to unfund the implementation of Obamacare, aka health care reform.  

These Republican politicians are beyond stupid. They're breaking the law, two times. Obamacare is a law and can't be held hostage to prevent a rise in the debt ceiling. Blackmail is also against the law. 

Being called "stupid" must be the world's most insulting accusation. After all, nearly everyone believes they're smart at what they do, so being called stupid is an insult to the human condition. To be called "dumb" is even worse."Dumb" is a slur, because it suggests a person is incapable of ever becoming smart or being "unstupid".  

Unfortunately, Republican are either deaf to these insults or they are "stupid is as stupid does". I suspect all of the above. 

Now, finance guru Warren Buffett joins the choral ensemble, along with Governor Jindal of Louisiana, who are resorting to appropriate name calling of the minority of dumb politicans who are creating a "dumb and dumber" label for Republicans. 

Governor Jindal of Louisiana warned Republicans, over a year ago, to stop being the "stupid" party.

Nevertheless, the dumb Repubilcans in Congress are holding back the lifting of the United States debt ceiling.  

Reuters reports, in fact, that billionaire Buffett says it's dumb of the Congress not to lift the debt ceiling, in anticipation of yet another fiscal crises, hanging like a grim reaper, over the American government's daunting budget.  

Billionaire Warren Buffett said that Congressional politicians not lifting the U.S. debt ceiling would be "pretty damn dumb" and viewed a prolonged political standoff on the issue as "disturbing."

Dumb Congress

It seems to me, the Republican "dumb" and "stupid" labels are sticking. Yet, they don't seem to care. These stupid and dumb people in Congress are harming middle class economic security by holding up President Obama's American Jobs Act. Furthermore, they're resorting to blackmail about Obamacare, using this law to leverage a vote about raising the US debt ceiling.  

This threatening behavior should be unconstitutional! 

Our US Congress has a responsibility to protect our national security including the economy. This means, passing the Jobs Act, to fix the infrastructure of the US transportation and other concrete infrastructures.

Moreover, Congress has a moral and ethical responsibility to keep the government operating.

Congressional Republicans are acting dumb and stupid. They're irresponsibly using blackmail about Obamacare and obstructionist tactics to hold our economy hostage. They're like spoiled children, while they screech in a tantrum, including a series of wasteful votes to unfund Obamacare.  

Our health care system needs the payment reforms included in Obamacare. Those who oppose the Obamacare law are probably financially secure, so they don't likely need the benefits. Yet, to unfund Obamacare isn't fair to those who need the coverage.

Completely lacking in this stupid cycle is political leadership by House Speaker John Boehner. Rather than behaving like a House Speaker, Boehner looks more like the stupid ring leader of the dumb GOP members of Congress.

Tragically, Republicans don't seem to mind the "dumb" and "stupid" labels. Sadly, Republican indifference to ignorance is the most tragic label of all. They con't care about Americans who need an operational government, so long as they get their right wing way.

Dumb and stupid Congressional Republicans, with their ring leader John Boehner, are hurting America's economy. In so doing, they're eroding the fiscal security of our nation's middle class.

 

Middle class voters realize how a dysfunctional government that can't pay it's bills, because the debt ceiling is frozen, is bad for our economic security. Soon, voters will show the stupid and dumb Republicans how a smart electorate can vote these obstructionist idiots out of office. 

Meanwhile, Republicans must listen to the smart opinions of middle class people who are struggling to maintain economic security. 

We need to employ smart politicians in Congress, officials who will care and nurture our nation. 

America must rid our government of dumb and stupid politicians in the Republican Party. Dangerous right wing Republican politicians appear to be the dumb and stupid puppets of an even dumber extremist minority. They need to disappear and let the real Republican Party lead the nation's conservatives.

Right wing extremists who support a dumb government might find an island off the coast of the uninhabited Easter Island, where they can worship the icons created by another stupid bunch of people who created an obsession with rock formations, eons ago.  

Stupid politicians are better off leading rock formations, rather than allowing them to put our nation into a regressive cycle of dumb and dumber regressive economics.

It takes One to Know One - Warren Buffett Creates Wealth, Shares Wealth and Supports Optimistic Capitalism

http://www.wealthdaily.com/articles/warren-buffett-endorses-minimum-tax-for-the-ultrarich/3800

“The ultra-rich, including me (says Warren Buffett) , will forever pursue investment opportunities.”- quote.

Warren Buffett is now taking time to invest in America's future, by speaking out for higher tax rates on rich people, like him.

Watching Warren Buffett speak about wealth is like being in the presence of the real Santa Clause.  He looks like a modern Santa and speaks about money like it's chocolate in a Christmas stocking.  

In other words, he's a jolly man who loves to spread optimism about creating and sharing wealth,

Buffett is charming when dropping quotes like, "Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway (to work). http://www.brainyquote.com/quotes/authors/w/warren_buffett.html

As a word crafting minimalist, Buffett sure gets to the point, especially when it's about investing money to create wealth.  

Now, Buffett is trying to teach politicians about the value of sharing wealth by taxing the rich.  It sounds so simple. Rich people and the super-rich, should pay more than a 14 % tax rate, especially, considering many middle class taxpayers fall into a 30 % tax rate.

In fact, super-duper-ultra-rich people don't pay any taxes, at all.

Buffett is probably the world's most successful (and arguably likable) investor.When he speaks "wealth", he's talking from a pinnacle that a majority of the universe will never reach.  

That's probably why the very small number of super rich people in the world probably don't say much about Buffett's support for a minimum tax policy, whereby they would pay a base tax rate.  Rarely do people reach the threshold of earning over $500,000  a year or more, to reach before paying the minimum tax rate. They are so few in number that they hardly form a quorum of themselves.

Buffett speaks from experience when he says, 

"The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on." 

Warren Buffett:  Read more at http://www.brainyquote.com/quotes/authors/w/warren_buffett.html#cOksMRkhjgLI4TKt.99 

Buffett is receiving mixed reviews about his New York Times opinion column about taxing the rich. 

http://www.nytimes.com/2012/11/26/opinion/buffett-a-minimum-tax-for-the-wealthy.html?_r=0

He writes: "Suppose...an investor you admire and trust comes to you with an investment idea. 'This is a good one,' he says enthusiastically. 'I’m in it, and I think you should be, too'."

"Would your reply possibly be this? 'Well, it all depends on what my tax rate will be on the gain you’re saying we’re going to make. If the taxes are too high, I would rather leave the money in my savings account, earning a quarter of 1 percent.' Only in Grover Norquist’s imagination does such a response exist."

Ironically, critics of Mr. Buffett's knowledgeable point of view are those who will never earn anywhere near the money accumulated by his company, Birkshire Hathaway.  While some may snub Buffett's taxation opinion, critics who can speak, with authority, from his point of view, are as rare an unicorns.  

In other words, if Buffett says the rich, the "super rich" and the "ultra rich" can afford to pay more taxes, then, who are we, who pay a 30 percent rate, to argue with his experience?

It takes one to know one, my mother always said. For Warren Buffett, those who either know him, or would like to, wish it were possible to emulate his success, even if doing so meant paying a higher tax rate than 14 percent!

Warren Buffett said,  "Someone's sitting in the shade today because someone (esle) planted a tree a long time ago".

http://www.brainyquote.com/quotes/authors/w/warren_buffett.html#cOksMRkhjgLI4TKt.99

American politicians are overdue when it comes to taxing the rich.  For whatever reason, they're timid about taxing the rich but think little about putting the burden of paying for government on the middle class.  Nonetheless, it's never too late to meet a master from among the rare ultra rich and learn from him.