Warren Buffett Lied

Yesterday Warren Buffett gave testimony before Congress on his opinion of Berkshire's large Moodys holding. Specifically Congressman Phil Angilides asked Buffett if Moodys was part of the problem for the sub prime meltdown. I.E. Moodys and other ratings firms gave AAA ratings to mortgage backed securities that turned out to be largely worthless. Buffett answered by saying "mass delusion"infected the country along with Moodys . Therefore Moodys wasn't particularly to blame. Well that's false. How many people would loan money to non documented borrowers? Moodys and other ratings firms not only advised loaning the money but gave a AAA rating. I wonder how many loans Buffett has made during his life to un-documented borrowers?It's time for the greedy man to disappear from the scene.

What's The Difference Between A Republican And A Democrat?

According to "The Kingfish" Huey Long the 1930s Governor and Senator of Louisiana, "The difference between a republican and a democrat is the democrat will skin you from the ear down while the republican skins you from the ankle up".

And so the difference between former disgraced Republican Speaker of the House Tom DeLay and the current Speaker Nancy Pelosi is negligible. On Pelosi's watch, we have $8 corn and $ 140 oil and a subprime meltdown. Israel continues to build illegal settlements with U.S funding on Palestinian land. Bush is talking to the Iraqis about long term bases. Where is the voice of oppostion or the voice with a plan to mitigate these catastrophes? Anyone hear Speaker Pelosi with a plan?

Maybe she likes it this way. Certainly she's not much better than Tom DeLay. When someone is silent who is in a postion to make a difference then the silence is assumed to mean satisfaction with the status quo. If the democrats add to their majority in the coming elections and also take the presidency they may try for more gun control. After seeing Pelosi and DeLay one should never give up their personal protection against Congress.