At first it puzzled me why a billionaire would endorse a Liberal (Socialist/Marxist) presidential candidate. Socialism (or the redistribution of wealth) would have never allowed Warren Buffett to achieve the wealth that he has acquired. On the surface it seems to contradict all laws of free-market economics why would someone who believes in free markets and the accumulation of wealth endorse a political candidate that believes and campaigns about the redistribution of wealth. Socialists are very generous with someone else’s money. Socialism enables dependency, which competes against the free market's productivity and overall value. Then it occurred to me. Warren Buffett was at a position where he wanted to be and now he wanted to use the powers of the Federal government to slam the door on others who could compete with him in the free markets and the accumulation of wealth. With the Democrat’s assistance, he could control the economic variables that affect his investments by basing his predictive investment models on the Democrat’s Social Engineering policies. It also explains why other large corporations acquire lobbyist and seek targeted legislation in their market sectors.

Barack Hussein Obama's view of economic recovery strongly conflicts with the worldview of the free market investor and entrepreneurs of a free market. Barack Hussein Obama claims only government can fix the economy with Keynesiantheory. If the private sector is not going to spend their money and investments then the government will just confiscate the investor's private property & the future generation’s potential private property and spend it for them in an attempt to get the economy moving again. Never in American history has Keynesian economic policy ever worked and it has never worked in any other foreign economy where it has been attempted to include Socialist based economies. Just research Japan economy in the 1990’s, which is now been named the 'Lost Decade'.

The Dow is now less then half of it's value of 14000 points just a year ago. Since president Barack Hussein Obama's inauguration just only 46 days ago, the Dow's decline has accelerated in its decline. Dropping from 11000 points to approx 6500 at the time of this writing. Berkshire Hathaway Inc., Warren Buffett's Insurance and Investment Company, barely broke even in the fourth quarter because of losses on derivatives contracts tied to the stock market. Profits have fallen 96 percent, the fifth straight quarterly decline, and Berkshire's net worth has tumbled $10.9 billion (7.64 billion pounds) in the years final three months. Net worth per share fell 9.6 percent in 2008, only the second decline since Warren Buffett began running Berkshire in 1965. It fell 6.2 percent in 2001. In his annual letter to Berkshire shareholders, Warren Buffett also offered a gloomy economic outlook, saying, "The economy will be in shambles throughout 2009 -- and for that matter, probably well beyond."

Warren Buffett sees U.S. economy in shambles

http://www.iht.com/articles/reuters/2009/02/28/business/OUKBS-UK-BERKSHIRE-BUFFETT.php

Barack Hussein Obama is just getting started on his Socialist initiatives. Next in queue are the Omnibus Bill to nationalize home loans, the 3.6 Trillion annual Federal operating budget, and Nationalized Health Care. Barack Hussein Obama is beginning to make Democratic presidential candidate Hillary Clinton look like a Liberal Republican. I am curious when Hillary Clinton remarked that she had so many ideas for America but America could not afford them if she even imaged the same magnitude for Federal government growth?

With the all out assault on the free markets by the Federal government under Barack Hussein Obama's administration did Warren Buffett think he would be immune of Federal government policy because he endorsed him? Only government and George Soros are immune from Socialist tyranny so far. The socialist parasite eventually turns on all hosts to include George Soros, that is its nature. Did Barack Hussein Obama ever thank you (Warren Buffett) for being a useful idiot? (A Communist term for individuals who promote an ideology, which they really do not believe in but promote for their own benefit.) Warren Buffett welcome to the beauty of Socialism, it is also considered very patriotic and your duty to pay more in taxes as you are losing your net wealth.

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