Warren Buffet is Obama's favorite billionaire apparently because of Buffet's woefully underpaid secretary, Debbie Bosanek. Bosanek, (an otherwise happy employee of 20 years,) allows our Demagogue-in-Chief the endlessly banal talking point that Buffet's tax rate is lower than his secretary's. Tonight, Obama will honor Buffet's disabused secretary by having her sit in the First Lady's box to watch the SOTU. No doubt Obama will further embarrass the poor thing and highlight how unfair her life is under the tax code Obama signed into law. But rather than seeking to make Buffet's secretary happy by lowering her taxes, Obama will promise to make Buffet as unhappy as his secretary is by raising his taxes! I believe this is Obama's economic plan called "spreading the misery around."
For his part Warren Buffet, (no relation to Jimmy Buffet,) is keeping busy himself and recently wished the Chinese a Happy New Year by strumming the tune "I've been working on the railroad!" (video)
Why would a bourgeois capitalist pig and railroad baron like Buffet croon to the red Chinese? What gives? Why so jubilant Warren? No doubt Warren was giving the Chi-Coms a wink and a nod with his ukulele. For you see, being Obama's favorite billionaire has some perks. If you donate to Obama then Obama will cut America's energy supplies from Canada to divert them to China! Clever Warren: "I've been working on the railroad!" Yuk-Yuk! I get it! Obama just handed Warren Buffet's railroad a bonanza by killing the Keystone XL pipeline, opening up a new source of poil for China. Everybody wins! (Except non-crony Americans).
So you see how wonderful Obama's economic paradise is? Crony Capitalist Railroad Baron Buffet donates to Obama and allows his secretary to be further disabused and embarrassed on national television in return for a giant railroad payoff! So you see? Why it's just a win-win all the way around! This is just like Adam Smith's economic "Invisible Hand" concept! Only Obama's invisible hands are wrapped in a death grip around America's economic throat.
Now just imagine if Obama finally got tough with Iran and demanded to see Mahmoud Ahmadinejad's tax return. What if Obama finds that Ahmadinejad pays a lower tax rate than Warren Buffet secretary does? Obama certainly then would cut off Iran's oil and gas supply lines and divert the energy to China! This will certainly keep both Iran and Warren Buffet's secretary from getting nuclear weapons! Apparently, the only real issue is how this would benefit Warren Buffet and Obama's re-election. It certainly would have nothing to do with the well-being and national security of the United States.