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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?

To: Ann Corrigan who wrote (19670)	12/13/2003 3:35:51 PM
From: DMaA	Respond to of 793683

He's a billionaire. How much of his life are you privy to? How much PR can he afford to buy? Seems like you bought it all. Warren is not only financially savvy, he has also demonstrated common sense & personal integrity. How is Buffett working behind the scenes to keep his investment in H&R Block gushing green?

To: Ann Corrigan who wrote (19670)	12/13/2003 3:59:32 PM
From: Ilaine	Read Replies (1) \| Respond to of 793683

I thought the questions I asked deserved serious answers. Is it your argument that the richer a person is, the smarter he or she is? And by extension are you also arguing that the poorer a person is, the dumber? Clearly George W. Bush is much richer than Bill Clinton, so is he smarter, too? And are school teachers stupider than rap stars? Seems like a strange argument to me.

To: Ann Corrigan who wrote (19670)	12/13/2003 4:02:42 PM
From: LindyBill	Read Replies (2) \| Respond to of 793683

Buffet is an investor who has made his money by finding companies that are undervalued and buying them. He has created nothing. Gates is an entrepreneur who has made his money by building a company that has benefited millions. Yet you think Buffet is a great man and Gates is no good. I think you ought to check your premises.

To: Ann Corrigan who wrote (19670)	12/13/2003 4:36:51 PM
From: Bill Ulrich	Respond to of 793683

If everybody bought more Lowe's shares, American job offshoring would evaporate? How does that capital market "connection" work? "I'm on brink of selling all tech stocks & buying more LOW. That has been berry, berry, good to us past few yrs AND is not outsourcing American jobs to slave-wage countries. If all stock investors would take same action, the job offshoring would evaporate." As enamoured you are of Lowe's, you might refer to page 5 of their 2002 annual report: "In addition,we've continued to capitalize on opportunites provided by our global sourcing offices in Asia and other parts of the world. We see opportunity to enhance margin by increasing our percentage of foreign-sourced product in the years to come." Lumber, for example, is a sizable import of theirs. Doesn't that affect American forestry jobs? That's just one of many foreign products they source. And where do you think the customer service is handled for Lowe's labeled credit cards? They outsource that to GE Information Services with their 10,000-person call center operation in — India. Flatly, you're using a lot of bandwidth to be naive about industry and markets.