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I never thought that I would live long enough to see Republicans complain about capitalism. Yes, I've heard the difference between crony capitalism, venture capitalism, and now Rick Perry calls it “vulture capitalism" but the bottom line, it's still capitalism. Those with a “laissez faire" mindset are livid because they want the country to bow at the altar of capitalism. They think the free market can do no wrong, and that it will be hindered with regulations. Warren Buffett is an ardent capitalist but his enemies on right call him a socialist because he thinks the rich should pay extra because they use up more of the resources. I was surprised to hear the Republican frontrunner, Mitt Romney, say that anyone who complains of inequality is just envious of success. Mitt Romney does not carry his richness well, he said at one time he was scared of getting a pink slip, but that's where he makes his mistake. The Kennedys never hid from their wealth. They embraced it and never told stories to try to make the common folk think that they were one of them. Feeling and understanding ones pain is a lot different from trying to remake yourself or an election. While the candidates are fighting their silly wars of words, the president is being pro-active today with a plan to combine various offices devoted to international trade and making the small business administration a cabinet position.

Warren Buffett is a bit of a radical capitalist because he is demanding higher taxes on the rich and more government spending on the rest to solve our economic problems. These views are coming from a man who is giving away 99% of his $45 billion. He proudly notes that no Buffet in Omaha ever went to a private school and jokingly says that private schools should be banned so the rich could invest in the public K-12 system. He's all for a complete overhaul of Health Care which she calls" a tapeworm in America and" and one and that cuts corporate competitiveness far more than taxes do.

Warren Buffett does not stop with increasing taxes on those who just move money around, but he’d like to see speculative trading gains taxed at much higher rates. He'd like to see the CEOs of publicly bailed out institutions be on the hook for everything they own if their institutions go bust. It's easy to see why conservatives don't like him; he's entirely opposite of Darwin's capitalism. Darwin Capitalists believe that the market system is the only means to distribute the economy's assets. In this day of leverage, Warren Buffett can rest easy at night because he keeps from $10 billion to $20 billion of liquid assets on hand at all times.

Warren Buffett angered the Republican Congress, so much that Mitch McConnell proposed a rule that would make it easier for millionaires to voluntarily pay more taxes. Not to be outdone, Mr. Buffett said he would do that, but he would match every Republican dollar for dollar, and he would contribute $3 for every dollar, and McConnell contributed. He said," I find the argument that we need lower taxes to create more jobs mystify because we've had the lowest taxes in this decade and about the worst job creation ever."

Warren Buffett doesn't live like the 1% because he lives in a home he bought for $31,500 in 1958. He owns and drives a 2006 Cadillac DTS. His corporation, Berkshire Hathaway, owns 76 businesses and major stakes in many of the country's biggest blue-chip firms. You would think that he would own the tallest building in Omaha, but it's just a small-office suite where he has a habit of walking around turning off lights in empty rooms. The suite offers a beat up wooden table, a faux leather sectional couch and Formica counter tops. He does own a corporate jet, which costs him over $1 million in expenses.

"Americans are in a cycle of fear, which leads to people not wanting to spend and not wanting to make investments, and that leads to more fear. We'll break out of it. It takes time." Warren Buffett

I thought I would share this information that I read in this week's Time Magazine from an article called "Warren Buffet is on a Radical Track" by Rana Foroohar.

It still amazes me how people are worried about the economic mess we're leaving our grandchildren, but they never mention Goldman Sachs and Wall Street, gridlock in Washington, nor the environmental mess we're leaving the precious grandchildren. It's a single focus on the deficit and the debt with no talk of infrastructure, education, trade policies and innovation. They suggest block granting everything back to the debt ridden states that will eventually defund the programs to balance their budget. I heard a politician running to represent our district say," I'll cut property taxes and business taxes and improve our education." That sound bite sounds great and voters will fall for it hook- line and sinker without asking, “How is that possible." I don't understand why we have to hate Europeans just because they are different and in no way Americans. Are we that insecure?