You are here

White House

Warren Buffett’s Double Standard

Billionaire Warren Buffett gives a lot to charity, a generally admirable quality that probably redounds to the benefit of many. He has great investment savvy, something to admire in a different sort of way. But there are other, less savory things. For all his aw-shucks, midwestern manner, he manages to take advantage of everything in the tax code and the economic system that privilege can exploit while at the same time relentlessly promoting himself as a champion of everyday people, a fighter for equality, and a man who despises the sorts of advantages that he has nonetheless leveraged.

Here We Go Again: Obama Pushes Banks To Lower Home Loan Standards

Recently, White House Press Secretary Josh Earnest said the following: "One of the key legacy achievements of this presidency will be the important reforms of Wall Street. Those reforms have led to a financial system that is more stable and ensures that taxpayers are not on the hook for bailing out financial institutions that make risky bets."

Evidently the Obama administration has a different definition of “risky bets”, and “taxpayers not on the hook” than most people, because as the Washington Post reports:

U.S. Capitol & White House On Lockdown

The U.S. Capitol and White House were put on lockdown following a “potential security threat.” There were reports of an active shooter. Members of Congress and the tourists who were visiting the building were told to shelter in place. @AP_Politics@NewsandRecord Gunshots reported in U.S. Capitol visitors center, workers in Capitol told to “shelter in place”: Senate sources — Lex Lopez (@Sox2112) March 28, 2016 No one is allowed to enter or exit any of the buildings in the congressional complex. Anyone outside is being advised to “seek cover immediately,”  according to local media reports.

Pages