In Jim Cook's Archive


How is it possible that Warren Buffet, who made his millions investing in the heart of capitalism, can turn his back on the free enterprise system and endorse an extreme leftist? Does he not see that government policies are hurting the economy? Does he prefer socialism with its high taxes and regulatory excess? Maybe he’s getting senile. If not, he’s a pathetic turncoat against the system that brought him wealth and fame.

Reports surfaced recently about hedge funds pouring millions to left-wing candidates. These are business people. Their knowledge of how capitalism works must be as shallow as water on a mirror. Silicon Valley is thick with liberal nouveau riche. The heads of companies like Starbucks and Costco are lefties. Maybe they have some bleeding heart social scheme that’s near and dear to them, but the threat to capitalism is far more important than who gets to use the bathroom.

Lenin claimed that the capitalists would sell the Bolsheviks the rope they would use to hang them. It’s no different when a business person supports political candidates who want to raise taxes and increase government intrusion into the private sector. They are dupes endorsing the system that will undermine them. There is no more disgraceful act then to be a traitor to the system that rewarded you and made you prosperous.

Nothing will be more injurious to American prosperity and freedom than to add a number of liberal judges to the Supreme Court. They will gut the Constitution and enable big government to grab more of what we earn. Business will suffer endless punishment. That’s what business people are paying for with their support of liberal candidates. They are the Benedict Arnolds of our time.

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