Warren Buffett Is Hilarious

Sometimes I just love Warren Buffet, I really do:

[Mitt Romney] makes his money the same way I make my money. He makes money by moving around big bucks, not by straining his back and going to work cleaning the toilets or whatever it may be. He makes it shoving around money. I make it shoving around money. If you look at the 400 highest incomes in the United States, they average $220 million. Something like 90 of them are effectively unemployed.

LOL! It's funny because it's true.

Quote of the Day

"I mean we spent trillions trying to help poverty in America. But we don't cure poverty; we subsidize it when we make people dependent on the government and make it harder for them to get up the ladder."—Senator Jim DeMint (R-Evolting), offering up more of that compassionate conservatism we hear so much about.

It's a nice little racket the Republicans have going, isn't it? They defund every social program they can get away with defunding, and underfund every piece of the social safety net they can't defund out of existence, and then they whine and moan about how social programs don't work.

Leaving aside the fact that there are lots of social programs that do work, naturally the failure of the ones that don't has NOTHING to do with the Republican strategy of denying social programs a reasonable chance to flourish by withholding generous funding and other institutional support.

And then they blame the people whose quality of life is sacrificed in service to their ideological game for being lazy and weak and dependent. How truly, deeply vile.

Number of the Day

$156 billion: The approximate estimated total of 2011 bonuses at seven of the biggest US banks—Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, US Bank, and Wells Fargo. The total is "slightly larger than last year's record-breaking number."

Perfect. Good for them.