[WSSix]

Kenny, read it again. It's not about economics. He's saying Buffet is a hypocrite who, through his own admission in his newsletter, is not immune to the uncertainties of taxes and regulations. Yet, he's ridiculed other CEO's about this when they have sighted that as reason for not making investments. The difference is Buffet is a crony capitalist that has the power to control and manipulated regulation in a manner that benefits himself. It's nice to not be worried about uncertainty when you can control that uncertainty. Not everyone can be so lucky.

Reason does not believe that the status quo of crony capitalism is just the way things are done and should be accepted. I agree with this stance that's why I posted the link. Crony capitalism screws over everyone that is not "favored" by the politicians and only the crony capitalists benefit.