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-   -   I'm very disappointed in Warren Buffet (https://gfy.com/showthread.php?t=626359)

Webby 06-26-2006 07:29 PM

Quote:

Originally Posted by AmateurFlix
When someone devotes their working life to acquiring massive amounts of wealth from the residents of one region, then publically announces that he will be sending nearly all of that wealth to some other community that will squander it, it is the concern of anyone whom he tells his plans to; in this case, that would be the entire world.

Had he kept his trap shut about his intentions, it would then be no concern of anyone else. But that is not the situation he chose to create.

Your opinions don't matter. It's not your money or your concern.

Mr Buffett is far better informed than anyone on GFY and it's his decision where he spends his personal funds.

He is also entitled to "squander" it if considers that's what he wants to do - tho, it's not exactly in his modest character to do this, - but I'd sure trust his judgement more than any GFY trolls.

tony286 06-26-2006 07:30 PM

Quote:

Originally Posted by 12clicks
While I applaud his giving to charity, I'm seriously dissapointed with where its going to be spend.
Pissing it away in the third world is like putting it in a pile and setting it on fire. You want to do something good for the world, cure cancer, spend it on childhood deseases here in the US.

the third world?
it will still be the third world long after warren and his money are gone.

You are very right, its a shame. I guess they focus there because they need more $600 a month outsourced workers lol

Snake Doctor 06-26-2006 07:31 PM

Quote:

Originally Posted by 12clicks
no,no it makes far more sense to spend billions on something that couldn't be fixed with trillions.

kinda like using a watering can to water an acre of grass.

Says who? You in your infinite wisdom? :1orglaugh

We're talking about charity here, and you think charity is better spent on people who already have the highest standard of living in the history of the world than spent on people with the lowest standard of living in the world?

Me thinks you're just trying to stir up shit as usual. Welcome back, good luck with your new program.

AmateurFlix 06-26-2006 07:42 PM

Quote:

Originally Posted by Webby
Start back to economics 101 and try and make a post with sense.

I forgot from your other thread, that you are an imbecile.

I will try to explain this to you very simply.

The man has acquired a great deal of wealth from the country he lives in. He is now planning on sending that wealth to other regions that will not capitilize on it very well if it all, and the people who helped him generate this money will not benefit from this whatsoever because the money will be elsewhere.

So rather than helping his own country through investing in more industry or at the least giving it to charity here, he is turning his back on the same society that have helped him build his fortune.

Some idiots may simply hear the word "charity" and take a shortcut into thinking that it must be good for all involved.

Quote:

Buffett, directly or indirectly, has created many 1000's of jobs within the US and allowed the expansion of a wide range of industries and businesses.
not any more

Quote:

Without people like Warren Buffett, the US and other countries, would not be what they are today. (Damn... that needs qualified! :1orglaugh )
there's never a shortage of shrewd business people in any generation. had he not been around someone else would have likely done the same. now take his dick out of your mouth.

Quote:

So.. mind your own fucking biz
:1orglaugh
he's announcing these plans to the entire world through media outlets. which means he WANTS it to be everyone else's "biz" :2 cents:

Webby 06-26-2006 07:53 PM

Quote:

Originally Posted by AmateurFlix
I will try to explain this to you very simply.

Your opinion does not matter. It's not your money.

AmateurFlix 06-26-2006 08:03 PM

Quote:

Originally Posted by Webby
Your opinion does not matter.

:1orglaugh :1orglaugh :1orglaugh
neither does yours dipshit

christ you are fucking dense. must be that fine european education of yours.

directfiesta 06-26-2006 08:09 PM

Quote:

Originally Posted by AmateurFlix
When someone devotes their working life to acquiring massive amounts of wealth from the residents of one region, then publically announces that he will be sending nearly all of that wealth to some other community that will squander it, it is the concern of anyone whom he tells his plans to; in this case, that would be the entire world.

Had he kept his trap shut about his intentions, it would then be no concern of anyone else. But that is not the situation he chose to create.

I just can't believe that you actually think what you wrote ...

First of all, he is giving it to the " Gates " foundation ... because he believes that they are ready to put that wealth to the service of the poor and sick... How awfull is that ...

If the USA needs so much that money for their own poors ( I tought most of you said that they don't exist ) , well talk to your commander in chief who pisse daway much more money than that abroad ... :2 cents:


If it was my money, because I really don't care for the mean human race, I would have given it to wildlife refuges, rain forest conservation, Animal society and so on...

Webby 06-26-2006 08:10 PM

Quote:

Originally Posted by AmateurFlix
neither does yours dipshit

That's exactly what I was saying - neither my opinion, yours or anyone else matters.

What has "dense", "dipshit" or "education" have to do with anything - apart from your base level attempts to attack? Grow up boy.

JMM 06-26-2006 08:13 PM

Quote:

Originally Posted by 12clicks
While I applaud his giving to charity, I'm seriously dissapointed with where its going to be spend.
Pissing it away in the third world is like putting it in a pile and setting it on fire. You want to do something good for the world, cure cancer, spend it on childhood deseases here in the US.

the third world?
it will still be the third world long after warren and his money are gone.

Yeah, just like the republicans!!!!!! LOL!!!!!!!!!!!!!!!!! The head GFY representative from the "go fuck yourself" party wants to save the world. Classic.

After reading your post, I am hoping that he will set a little bit aside to cure adult illiteracy.

V_RocKs 06-26-2006 08:14 PM

Can Woj be near?

V_RocKs 06-26-2006 08:15 PM

Woj is a great programmer... But he can suck my 50" dick...

Mr. Romance 06-26-2006 08:17 PM

mixed emotions.....


Mr. Romance

Webby 06-26-2006 08:21 PM

Quote:

Originally Posted by directfiesta
If it was my money, because I really don't care for the mean human race, I would have given it to wildlife refuges, rain forest conservation, Animal society and so on...

Nothing wrong with ecology preservation DF :winkwink:

There is one part of the world who started ploughing down rainforests to make room for cattle grazing to provide cheap hamburgers for the US - till they released their ecological and biological diversity that was worth more alive than dead.

Suppose that's another area Warren Buffett could consider and restore the damage caused by hamburger-flippers and eaters.

AmateurFlix 06-26-2006 08:22 PM

Quote:

Originally Posted by Webby
That's exactly what I was saying - neither my opinion, yours or anyone else matters.

No that's not what you said... you said that it's nobody else's business what he's doing, when clearly he is trying to make it everyone else's business by announcing it publically.

then when you didn't like reading my opinion you essentially said that it shouldn't be written because it doesn't effect him... and I pointed out your endorsement of it doesn't really effect anything either...

backpeddle... backpeddle... :1orglaugh

Webby 06-26-2006 08:25 PM

Quote:

Originally Posted by AmateurFlix
No that's not what you said...

It's irrelevant what you claim, think or dispute.

12clicks 06-26-2006 08:29 PM

Quote:

Originally Posted by Webby
Where and how anyone decides to spend their money is not the concern of anyone else. It never was.

Sadly there is a term, "freedom of speech" which bestowed rights to comment. The downside is that includes unqualified and irrelevant comment.

and hence, we have you.:1orglaugh

Drake 06-26-2006 08:30 PM

I actually agree with 12clicks. He's not telling anybody what to do with their money, he's just stating his opinion that he believes Buffet's money could be put to better use.

I don't know much about the Third World or Africa, but it seems to me their is very little infrastructure in these places. There is no free trade between the 3rd world and the 1st world (instead we pilfer their resources and keep them in debt). Third World countries are also culturally bankrupt (religion/superstition over reason) and corrupt (money goes to and stays in African leaders coffers and not to the people who need it).

The solution to these problems is 1) fair/free trade 2) investment (infrastructure/business) and 3) education. Policies combined with finances will accomplish this better than simply pouring money into the corrupt system that exists. We've given billions of dollars in the past 50 years and see no change (and to be fair we've probably received just as much back thru slave labor and resources).

Also, America is slowing sliding into its darkest years. Once international leaders in math, science, and literacy, we are now lagging a great deal. I presume one of the things keeping us afloat is the "brain drain" situation where we still get the top specialists in all fields around the world emigrating to us because the money is here. If that stops we'll find ourselves in trouble. The only real solution to our own problem is a cultural one - we have so much we're lazy and are taking it for granted, but we won't be able to continue living off the gains of our predecessors without putting in some work in the long run.

Snake Doctor 06-26-2006 08:30 PM

Quote:

Originally Posted by AmateurFlix
when clearly he is trying to make it everyone else's business by announcing it publically.

He's not trying to make it everyone's business. He's donating a significant number of shares of his publicly traded company, he is required by law to announce that.

12clicks 06-26-2006 08:31 PM

Quote:

Originally Posted by Lenny2
Says who? You in your infinite wisdom? :1orglaugh

We're talking about charity here, and you think charity is better spent on people who already have the highest standard of living in the history of the world than spent on people with the lowest standard of living in the world?

I believe as with any spending, it should be put to best use.

Webby 06-26-2006 08:31 PM

Quote:

Originally Posted by 12clicks
and hence, we have you.:1orglaugh

Only problem there is freedom of speech from unqualified mouths and one-liner trolls never did count - either on GFY or anywhere else.

Webby 06-26-2006 08:32 PM

Quote:

Originally Posted by 12clicks
I believe as with any spending, it should be put to best use.

And who are you to decide the best use of another guys personal funds?

Gimme a break

12clicks 06-26-2006 08:36 PM

Quote:

Originally Posted by Debby
Any who are you to decide the best use of another guys personal funds?

Gimme a break

I'm always amazed how the GFY trash will come into a thread were adults are talking about a subject and begin their ever tiring childish nonsense.
too bad we've let the surfers get comfortable here.
Back when I helped grow this board, intelligence mattered (and surfers weren't allowed)

kill another thread Debby, its what you do.:1orglaugh

clickhappy 06-26-2006 08:37 PM

Quote:

Originally Posted by 12clicks
Pissing it away in the third world is like putting it in a pile and setting it on fire. You want to do something good for the world, cure cancer, spend it on childhood deseases here in the US.

but youre not dissapointed in us spending a half a trillion dollars in Iraq and us not getting anything out of it?

AmateurFlix 06-26-2006 08:40 PM

Quote:

Originally Posted by directfiesta
I just can't believe that you actually think what you wrote ...

First of all, he is giving it to the " Gates " foundation ... because he believes that they are ready to put that wealth to the service of the poor and sick... How awfull is that ...

well what they're saying is that it will ultimately end up going to 3rd world nations, which is what this post topic was about. the poor and sick in those countries getting aid isn't bad, it's commendable... however it's important to watch where that aid is coming from and at whose expense.

all of that money of his that is currently invested in US businesses, helping businesses here grow, helping people here have jobs, perhaps helping to finance future growth of our own region, is going to suddenly disappear. it won't come back. not in the form of cash, not in the form of trade, not in the form of opportunities. it will simply vanish.

had he simply kept investing the money here, it would have been a greater economic benefit to this region of course. this means the quality of life would have been incrementally better here, it means some of it would have trickled down to create new jobs here, new opportunities here etc.

failing that, had he given it away to charities that at least help this same community it would have taken away from the regional business capital but at least provided benefits in this area in other ways.

however he is doing neither... it's his money of course to do with as he pleases, however I can hardly commend him for this. his greatest charitable act probably would have been to simply keep investing the way he had been and find a successor to do the same with his fortune after he was no longer able to do so.

Quote:

If the USA needs so much that money for their own poors ( I tought most of you said that they don't exist ) , well talk to your commander in chief who pisse daway much more money than that abroad ... :2 cents:
Our poor are typically far ahead of the 'poor' in most other nations. nevertheless the quality of life for them is still by definition substandard for their community, and not 'pleasant' by the measure of very many.

I agree that too much is being spent abroad; however the mere fact that the government is wasting more doesn't invalidate any of what I have said either...

Quote:

If it was my money, because I really don't care for the mean human race, I would have given it to wildlife refuges, rain forest conservation, Animal society and so on...
heh, good. environmental concerns benefit all living creatures in one way or another. man included.

Webby 06-26-2006 08:41 PM

Quote:

Originally Posted by 12clicks
I believe as with any spending, it should be put to best use.
And who are you to decide the best use of another guys personal funds?

The question still stands.

AmateurFlix 06-26-2006 08:42 PM

Quote:

Originally Posted by 12clicks
...
kill another thread Debby, its what you do.:1orglaugh

"Debby"
:1orglaugh :1orglaugh :1orglaugh

Joe Citizen 06-26-2006 08:42 PM

Quote:

Originally Posted by clickhappy
but youre not dissapointed in us spending a half a trillion dollars in Iraq and us not getting anything out of it?

Exactly. :winkwink:

bknoob 06-26-2006 08:47 PM

hes not leaving a cent to his children, damn

Webby 06-26-2006 08:48 PM

Quote:

Originally Posted by Joe Citizen
Exactly. :winkwink:

Even more classic when daily borrowings of around $10 bill/day from other nations are keeping the national credit card topped up.

Some folks/nations earn their living - others are born to leech and decide what is the best way the earners should spend their money.

Like the earners care what the leeches think? :winkwink:

directfiesta 06-26-2006 08:51 PM

Quote:

Originally Posted by 12clicks
too bad we've let the surfers get comfortable here.


Why not ?

Scammers and scumware promoters are .... :321GFY

AmateurFlix 06-26-2006 08:53 PM

Quote:

Originally Posted by Lenny2
He's not trying to make it everyone's business. He's donating a significant number of shares of his publicly traded company, he is required by law to announce that.

Staged photo-op taken from home page of msn.com, which is of course owned by his partner in this:

http://www.epmarketsales.com/buffet.jpg

He is DEFINITELY doing a damn good job of making everyone aware of this. Merely selling his shares wouldn't have required him to tell anyone what he was going to do with the money anyway :2 cents:

Webby 06-26-2006 08:53 PM

Quote:

Originally Posted by directfiesta
Why not ?

Scammers and scumware promoters are .... :321GFY

What ya expect from the scumwarescammers of the net? It's just 12shits trying to show scum matters. Back to that word "leech".

AmateurFlix 06-26-2006 08:57 PM

Quote:

Originally Posted by Debby
Some ... nations earn their living - others are born to leech

LOFL

pot calling the kettle black

didn't your native britain used to have some kind of empire built upon imperialism? :1orglaugh :1orglaugh :1orglaugh

thekebie 06-26-2006 09:01 PM

Spending it on the 3rd world helps create and establish a world middle class which gives more people for established US companies to sell shit too.

Webby 06-26-2006 09:02 PM

Quote:

Originally Posted by AmateurFlix
He is DEFINITELY doing a damn good job of making everyone aware of this. Merely selling his shares wouldn't have required him to tell anyone what he was going to do with the money anyway :2 cents:

So what? It's still none of your business how Buffett spends his money - he can afford the best sources for advice on this - a few degrees above your level.

You gonna be advising Bill and Melinda Gates how to spend their charitable donations next?

Truth is you know fuck all about this - apart from a press conference, - neither does anyone else on GFY or elsewhere until Warren Buffett begins to get specific on his plans.

Webby 06-26-2006 09:04 PM

Quote:

Originally Posted by AmateurShit
LOFL

pot calling the kettle black

Look within my son - you will learn much. Some learn from history - others become the biggest leechers the planet has ever seen.

AmateurFlix 06-26-2006 09:09 PM

Quote:

Originally Posted by Debby
So what? It's still none of your business how Buffett spends his money - he can afford the best sources for advice on this - a few degrees above your level.

You gonna be advising Bill and Melinda Gates how to spend their charitable donations next?

He's making his business known to the public and I'm commenting on it. For some reason you seem to have a problem with that, and my response to you about that is :321GFY

as far as the quality of his "sources for advice" that was never in question. what was being discussed is the effect of his actions and who would be affected by them, and how.

and where on earth did you get that I was advising any of these people on their charitable donations? as far as I know Warren Buffet doesn't have a GFY nick so he probably won't be reading this.

Webby 06-26-2006 09:18 PM

Quote:

Originally Posted by AmateurShit
He's making his business known to the public and I'm commenting on it.

OK.. You said that 50 times already - once is enough.

Your opinions are almost 100% unqualified and don't make sense:

Quote:

yes, and the economy of the country he made his fortunes in will be many billions of dollars poorer for his efforts.
If you have any actual points to make - go ahead.

Webby 06-26-2006 09:20 PM

Not being sarcastic AF.. What age are you?

nofx 06-26-2006 09:24 PM

fuck the IMF

the IMF is fucking the cause of most of it


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