Warren Buffett : America's Biggest Rent-Seeker . ' Do as Warren Buffett does, not as he says'

Big Government on Warren Buffett(Democrat Party-TARP):

The companies that Buffett owns through Berkshire Hathaway received $95 billion from the Troubled Assett Relief Program (TARP). As the Houston Chronicle put it, Buffett was “one of the top beneficiaries of the banking bailout.”

He also leveraged a 2008 investment in Goldman Sachs at the time that Goldman was looking for a federal bailout. Then, astonishingly, Buffett complained in his annual letter to Berkshire investors that the government bailouts were putting him at a disadvantage. As Rolfe Winkler of Reuters put it, “it takes chutzpah to lobby for bailouts, make trades seeking to profit from them, and then complain that those doing so put you at a disadvantage.”

Warren Buffett: the Babe Ruth of rent-seeking.