Buffetting Buffett

Steve Sailer again, with an offer Warren Buffett will probably refuse:

In the LA Times today, Warren Buffett endorsed the bailout plan as "a rescue plan for America." He went on to say:

"If we could do the deal that is available to the United States government and have its staying power, and its borrowing costs, we would make significant money. I would love to have, if they buy the assets at market price, I would love to have 1% of the profit or loss that results from buying these assets from troubled financial institutions."

Okay, well, that suggests a second deal:

I hereby offer to sell, straight up, my family's share of the bailout, both payouts and subsequent profits, to Mr. Warren Buffett. If he'll write me a check for what it will cost me in taxes, I'll sign over to him my share of the profits, if any.

Seriously, if Buffett really "would love to have 1% of the profit or loss that results from buying these assets from troubled financial institutions," then I am all in favor of him ponying up $7 billion for 1% of the action.

Indeed.  If it's that good a deal, he should be willing to invest in my share of it, too.