American Pork

Warren Buffett on CNBC

I’m referring to the idiots who propagated this email that’s going around. It starts off:

[An idea from Warren Buffet in a recent interview with CNBC, offers one of the best quotes about the debt ceiling: "I could end the deficit in 5 minutes," he told CNBC. "You just pass a law that says that anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election.”]

Yes, this is absolutely true. Warren said this during a CNBC interview on July 7, 2011. But what said idiots failed to include was his next line. “Yeah, yeah, now you’ve got the incentives in the right place, right?” And he laughs hardily.

It was a joke.

But these idiots took his words out of context and added a few of their own to formulate a lie and distribute their sham across America. The email goes on to say:

[Warren Buffet is asking each addressee to forward this email to a minimum of twenty people on their address list; in turn ask each of those to do likewise. In three days, most people in The United States of America will have the message.]

He did no such thing.

And then these idiots had the audacity to give Warren Buffet’s joke an official-sounding name:

[*Congressional Reform Act of 2011*]

And to shore up their lie, they went on to populate this bogus “Act” with provisions that didn’t come from Warren Buffett. The idiots pulled them out of their asses.

[1. No Tenure / No Pension. A Congressman/woman collects a salary while in office and receives no pay when they're out of office.

2. Congress (past, present & future) participates in Social Security. All funds in the Congressional retirement fund move to the Social Security system immediately...

3. Congress can purchase their own retirement plan, just as all Americans do.

4. Congress will no longer vote themselves a pay raise. Congressional pay will rise by the lower of CPI or 3%.

5. Congress loses their current health care system and participates in the same health care system as the American people.]

The idiocies go on, but I’ll spare you the stupidity.

So the idiots are sending this junk around on the Internet, hoping to get people to pass this email on to their friends, and so on, thus spreading their idiotic lie into every home in the country.

But we are smarter than these idiots. The second sentence of Warren Buffett’s quote gave the joke away. “You pass a law…” We know that laws are passed by Congress. And any reasonable person with any thread of common sense, Warren Buffett included, knows that Congress will never pass a law that would kill their cash cow.

And that’s American Pork, folks. Don’t wallow in it with the idiots.

Wall Street

A few college students got together one day and decided to demonstrate against Wall Street, slap corporate America in the face, and get a little publicity for themselves. It’s a free country. Knock your socks off.

Lo and behold, more and more people jump on this bandwagon, and pretty soon we have people from all walks of life in cities across the nation demonstrating with them. Social networking at its finest, folks. Problem is none of these “occupiers” have a clear goal to achieve. They’re all just making noise for the sake of making noise.

Martin Luther King marched for civil rights. His followers wanted to change the laws and policies that oppressed them. College students and “the silent majority” demonstrated against the Viet Nam War in hopes of ending the bloodshed. They had clear, definable, and achievable goals.

Exactly what do these “Occupy Wall Streeters” want: to blacken the eyes of the rich, to take over the New York Stock Exchange and conduct stock trading themselves (or abolish it all together), to take down the Federal Reserve, to change our banks’ lending policies so people who can’t afford loans get them anyway (been there, done that), to force corporate America to hire people they can’t afford to pay? What is it these protesters want? Do they have a legal or political avenue through which they can facilitate their demands? Or are they going to push their rhetoric to the point of rioting and force the authorities to step in with tear gas and rubber bullets to restore our streets and parks to normal? How do they think all of this is going to end?

 It’s as if these demonstrators don’t have a clue about how the system works. Wall Street reacts to the financial conditions in this country and around the world. Wall Street didn’t cause the economic problems we all face today. It’s reflecting the problems. Rich people, be it individuals or banks or insurance companies, corporations, domestic or foreign, invest their money and open up opportunities for everyone else. Those who understand the system and take advantage of those opportunities prosper. Those who don’t, become “Occupy Wall Streeters.”

Every single person in this country has the right to succeed. Granted, some people have a harder row to hoe than others, but crying over it, complaining about it, demonstrating against it doesn’t accomplish anything. Hard work, dedication, and a “never give up” attitude always prevail. What’s left for those who don’t have true grit and determination? Fortunately, in this country, they also have the right to fail.

So I say to all you misguided “Occupy Wall Streeters,” go home. Put your nose to the grindstone. Solve your own problems. After all, you are responsible for your own lives. Not the government. Not Wall Street. Not corporate America, and certainly not the losers you’re hanging out with.  

That’s the American Pork solution to the problem. Wallow in it and rejoice.