(5/4/09) [Part 1/2] Becky Quick interviews Warren Buffett outside his Omaha home. Side Note: Could Buffett’s quote about betting against America apply to George Soros? (Part 2): www.youtube.com Buffett observations on various headlines in that days news: –Buffett’s take on the Future of America over time (0:23) –Chrysler Bankruptcy aftershocks & unintended consequences (3:45) –Buffett on Corporate Tax increases: “One way or another we’re going to need more taxes down the road, there’s no magic wand on this, then the question is who they should come from…it’s a question of who gets socked and when.” (6:33) –Sen. Judd Gregg: What do you do about the debt? (7:59) –A jobless recovery? (9:38) Background Article: “Firms Face New Tax Curbs”: online.wsj.com Video: CNBC
Hahhahahaha what the hell is he suppose to say? Its a disaster? Go to Asia? Over time is the key proclamation. Anyone who can reckon for themselves, and believes that over decades standards of living will rise is INSANE. I dont care WHO this man is, he is WRONG, WRONG, WRONG. They are winning right now! Bunch of nonsense.
The stock market “glitch” on May 10 was a manipulated warning to Congress, “either do what we say or we will end the nation via the stock market”. In this video, Max Keiser says we can fight back by BOYCOTTING THEIR PRODUCTS, starting with Coca-Cola and Mr. Pibb owned by Warren Buffet. PLEASE JOIN ME IN THE BOYCOTT.
Max Keiser on the Stock Market Glitch Partt 5 (May 10, 2010)
youtube.com/watch?v=yYM6Ts6gNbI
The PONZIconomy:
STOP paying your debt, walkaway from underwater mortgage? a neo-survivalist strategy beating a rigged logic. Hm,..be fascinating to see who’s got who by the balls. Cash is king (for now).
Admittedly American works and Buffett is one of the richest for a reason. How many billions did he make on $GS last year??
@jossr2010 Well… the Rome was sacked and the barbarians did take over. Of course, they couldn’t replace them… so we entered Dark Age.
I highly doubt that the Asian economic powers, such as China and India… well, possibly not India depending on how politics play out, are “barbarians” as you place it. They won’t be able to replace US role completely of course, but they are the best we got so far.
@jossr2010, Remind us, again, how the Royal House of Bush is STILL in charge just like Caesar, right?
Go back and ‘listen’ to what WB said, don’t just ‘hear’ it.
The unenthusiastic mindset is a natural event regardless of the media source. Box and the internet are the voice of the day. Newspapers and radio served the same function in the 1930′s. They are merely reflecting the mood of the people. The mindset of the population has a natural rhythm that swings from positive to unenthusiastic. It’s always been that way.
Remember citizens of Rome there is no way you can bet against the Roman empire and win! I mean who is going to replace us, the barbarians? Impossible.
@BetoG34
u are one of those ******* loser that reckon Colossal was unsinkable. hahahaaaaa. by the end of Obama Administration u will see how terrible the economy will get.
just remember me who warmed u of the economic collapse. this is about fact and reality. this has nothing to do with unenthusiastic thoughts. i am done in conflict with u.
your a right loser, people cant argue with losers like you. your the time that must give up on everything you start and listen to all the unenthusiastic equipment people tell you. there were people like you in the 1930s and there there will always be, its normal for assholes like you to be around and give up, your just another 1 of those assholes that WILL be proven incorrect, America will be on top again… o wait we are on top. there has always been equipment like IOUSA unenthusiastic equipment only ******* praise.
youtube has a video called “IOUSA” search it. it is a documentary done by a government employee. he was the head of the Government Accountability Office of Congress. ******* like u don’t use google. now it is a excellent time to learn how to google. u can also video google “IOUSA” too.
youtube does not allow website link in the comment box. u can google “total liability of U.S. government”. the entire world GDP is 57 trillion dollars and the U.S. liability is over 100 trillion dollars with only 14 trillion dollars GDP. there is no way to pay off the debt. the world is suckered into thought the U.S. treasury bonds is excellent. excellent for what? nothing. america only borrow and consume. we don’t yield much any longer. **** it. hey asshole, use your brain.
you giving me the website does not make what you say right. the US is spending a lot per day and there is a huge debt, but nothing to the numbers you just stated. you stated 123 trillion, did you that the whole world doesn’t have that money? this debt is a joke, there are going to be lot of miserable people out there like you that are just going to go around telling everyone how doomed they are, you know assholes like you.
again, what part of treasury website don’t u know? u are one dumb ***. let me help u with the website address:
treasury. gov
that is so simple even a ******* can do it.
those numbers are from the U.S. government. do u know that the U.S. Treasury has a website? of course not. u are a bone idle ******* to even type it in your browser.
if america is all so rich how come it has to borrow 5 billion dollars each day just to keep the set alight on?
what part of your *** did you pull those numbers from? lol America has had much worse, the problem is that the media and internet makes this situation worse by giving the American people a unenthusiastic mind set, which make them feel doomed, but they are fine and America will be back on top… o wait.. we are still on top. some thing we dident have in the 1930s.
The difference between our tough times in the past and right now is that now people are so freaken pc that even religious people are frightened to give God the glory and so America is tanking and will tank as long as we interest ourselves with the rights of ******** to redefine marriage and atheist to freak every time “God” is mentioned.
lmfaoo…..never bet against a country doesnt even make its own toilet paper let alone automobiles? are you kidding me? Sure, keep waving your flag & recite USA USA USA while China keeps dumping the dollar while buying gold & silver, go right yet to be.
You cant predict the future, also America didn’t come out of the war unharmed. Lots of American soldiers didn’t come back, and the American government finished up with a gigantic debt, without awareness to decipher this debt in each oncoming government at least 1/3 of the annual budget should be used to decipher the debt, otherwhise the next government is just going to inherit the previous debt or malicious money handling from the previous presidents, that way america will never come out of depression,
People are right to point out that in the long run america has come out on top extant depression, world wars etc. Butremember this : there were only a handfull of economic powers until recently ie. USA UK France Germany Japan Italy and possibly Russia. After ww2 all of the above were terribly wounded except America.Whats different now is that there are emerging economic powers like China India Brazil plus many smaller asian countries. Unlike post ww2 America now has lots of competition.
only stupid people see dread. i see fact. get your facts straight. go read peter schiff’s books and u will know more. u live in a world of dread. LOL
clinton removed Glass-Steagall Act. this act prevented the merger of commercial and investment banks that cased the fantastic depression. once that act was removed we were back to pre-fantastic depression.
america had only 5 investment banks. they’re over 100 years ancient and survived WWI, WWII and Fantastic Depression. now they are all gone in just one year–2008.
clinton balanced the budget because in mid-1990s we had internet and technology boom.
i never voted democrats nor republicans.
U do realize that inflation is a debt burden’s government friend right?
On 1 hand you say, ZOMG the debt is so many dollars…then on the other hand you say, ZOMG the dollars aren’t going to be worth very much.
Clinton was the only president in a long time that did balance the budget…why **** on him? If anyone, you should be hating on Bush.
(I’m a democratic fwiw)
blah blah blah…I’m full of dread….blah blah blah
That’s what you signal like Khmer…America has come out of MUCH worse situations…we’ll get out of this.
only NOBODY LOSER like you don’t know america is in huge debt. do u know that america has $123 trillions, that is trillions of liability. america has around $700 trillions of derivatives at it peak. how are u suppose to pay all those? even if u are to liquidate all USA, it is still not enough. learn it, know it, remember it.
real unemployment rate is around 18% and losing jobs everyday. u need to get an education and not just run your mouth saying crap like clinton saves america. LOL