Thursday, August 20, 2009

"Gold has not utility at all"



A reader of this blog sent me this today. I think it's a great quote.

Quote of the Day


"[Gold] gets dug out of the ground in Africa, or someplace. Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. It has no utility. Anyone watching from Mars would be scratching their head."
- Warren Buffett

1 comment:

googleheim said...

WHY IS IT THAT THE REPUBLICANS ARE BALKING ABOUT HAVING PEOPLE PAY FOR A GOVERNMENT BASED HEALTHCARE PROGRAM WHEN THEY SIMULTANEOUSLY COMPLAIN THAT POOR PEOPLE ALREADY GET FREE HEALTH CARE WITH MEDICAID, CHIP, AND FREE EMERGENCY ROOM.

IF ALL THE IMMIGRANTS GET FREE HEALTHCARE NOW, AND THEN ARE PUSHED INTO A LOW COST VERSION, IS THAT NOT ACCOMPLISHING TWO THINGS -ELLIMINATING THE EXISTING SUBSIDIZED FREE HEALTHCARE, AND FINALLY GETTING THOSE WHO DON'T PAY FOR IT TO FINALLY PAY ?

SO THE QUESTION IS NOT FOR OBAMA SOCIALIZING HEALTHCARE - HE IS ACTUALLY TRYING TO GET PEOPLE TO PAY FOR IT THEREFORE OBAMA IS CAPITALIZING THE EXISTING FREECARE !!!

SO THERE WILL BE REVENUE STREAMS.

THE REPUBLICANS HAVE IT ALL BACKWARDS AGAIN !!