Warren Buffett Tells Republicans Put Up $$ or Shut Up

Yahoo! Finance posted the article recently entitled Buffett to Republicans: if you pay, so will I in which he tells the members of the Republican members of Congress he will give $1 of his own money for every $1 they put towards the National Debt! And $3 for every $1 put up by Senate Republican leader Mitch McConnell. This move by Buffett isn't his first attempt to get Republicans, and Democrats for that matter, to contribute more of their millions to help the U.S. get out of debt. 

Mr. President, this is my plan to get the U.S. out of debt...

This idea came from a NY Times article Buffett wrote where he basically said the top 1% should be taxed more than everyone else. Hmmmm, makes sense to me. The top 1% have more money than the other 99%, so why shouldn't they be taxed more? They get more tax breaks, so I doubt giving a little back wont hurt their pockets. Of course, those in the 1% aren't happy about anything Buffett is saying lately. In a reply, McConnell said Buffett should extend this offer to Democrats and to President Obama. Hopefully, they will step up!  

Mr. McConnell, what's wrong with Mr. Buffett's plan?

I think McConnell is missing the point, or maybe he is sly like a fox. Either way, his response is typical of the way many Republicans think towards their contributions to our country. "They" have and we don't. If Buffett, who has more money than these Congressmen, is willing to hand over his own money to help get our country out of this mess, why wouldn't the Republican Congressmen be willing to do what they can to help save our economy?

I like the concept behind Buffett's proposal and strongly feel more of the top 1% should do what they can instead of putting the pressure on us. We can't afford life these days. More people are sliding from "middle class" daily and these millionaires are getting richer. That's pretty selfish.

I know Republicans don't like to "support" those that don't have - including those Republicans that don't have and still feel they are supported by their Republican Party when they aren't - and feel the downfall of our country is do to us and no the tax breaks they have been given. Remember it takes a villiage....not just to raise a child, but to support a society.
 

Help me save our country!

So.....Republicans and Democrats...open your wallets and step up to Buffett's challenge! Help stop our country from falling further and further into debt.

Do you think the Republicans will step up? The Democrats?

Warren Buffett, Jay-Z, and Cartoons

Remember awhile back when I told you all about a meeting between 3 super rich guys got together to have milkshakes and discuss money?

Remember?

Well, it seems as though 2 of those men, Warren Buffett and Jay-Z, are bringing their financial super powers together to educate kids about money.



Buffett has started an online series aimed at teaching children about financial responsibility and the entrepreneurial spirit. The series, called the “Secret Millionaires Club” is set to air on the tv channel The Hub, a cartoon channel for kids, on October 23. And who else but Hova lends his voice and commercial appeal to this first televised episode.

Along with a tv series focused on teach financial literacy, the program will also features a “Learn and Earn” promotion to help get this important message out. The program is sponsored by CreditReport.com. Over 100,000 financial educational kits will be sent out to teachers across the country. The same day, the “Grow Your Own Business Challenge” debuts. The challenge is an online competition designed to stimulate kids’ entrepreneurial ambitions.

To view the 26 webisodes, visit http://www.smckids.com

I think this is an amazing idea! Educating about the right way to handle and value money is a passion of mine. I love that Buffett is sharing his financial genius with a group that will actually listen, kids, is great! Consider the fact that Buffett has been a major financial player for the better part of his 81 years and realize that MOST men in his position don’t want others to know what they know or have what they have.

This is a great idea that I hope to be able to implement in the near future with schools in the DC area. After all, today’s children are tomorrow’s leaders. With the way things are going for our country economically, we need a generation that knows how to value and handle money properly to get us out of this current mess we were left with are struggling with now.



Yet another reason why I want to be like Warren Buffet when I grow up!