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"Buffett told a press conference here Monday he had offered support to both Obama and Democratic rival Hillary Clinton but that since it appeared Obama would win the party's nomination, "I will be very happy if he is elected president. "He is my choice," Buffett said.
Yes, I know Buffett endorsed Obama (something I could not believe). But has Buffett admitted he made a mistake endorsing the inexperienced fraud? That was my question!
"Buffett told a press conference here Monday he had offered support to both Obama and Democratic rival Hillary Clinton but that since it appeared Obama would win the party's nomination, "I will be very happy if he is elected president. "He is my choice," Buffett said.
"We can do better than we are doing in terms of taking care of 300 Million individuals instead of guys like me" - Buffet
My problem with his endorsement is all of a sudden I've made all this money on the backs of hardworking people, I've benefited on the backs of hardworking people, and no one else should, it was not right for me to receive all these tax breaks. While, i think he has a point, you mean to tell me, you just came to this realization only recently after being in business for 50 years. Oh i get it now that your worth 50 Billion the party for all the other billionaires should come to an end when you're about to die.
Buffett also said, "The United States remains by far the most prosperous country on earth, and its debt-carrying capacity will grow in the future just as it has in the past.................Our immediate problem is to get our country back on its feet and flourishing — “whatever it takes†still makes sense. Once recovery is gained, however, Congress must end the rise in the debt-to-G.D.P. ratio and keep our growth in obligations in line with our growth in resources."
Are you suggesting that Obama had no input or control in his administration getting bills passed to put us trillions of dollars in debt? Funny kid!
Are you suggesting that Obama had no input or control in his administration getting bills passed to put us trillions of dollars in debt? Funny kid!
Obama has done what is necessary to get the country back on it's feet. It wasn't all sunshine and smiley faces in the economy before he took office, was it.
I do not think he did. The government ran considerable less sizable deficit during the Regan years when you adjust to see what it is worth in today's dollars. We are 2x ahead of those large deficits, which is a cause for concern.
Anyway, I've gone to the trouble of showing you how to do the math...
You guys crack me up. When Buffet speaks out in support of the administration, he's a dirty socialist. When he speaks against it, he suddenly becomes your hero, whose advice we must heed.
Obama has done what is necessary to get the country back on it's feet. It wasn't all sunshine and smiley faces in the economy before he took office, was it.
If the US is back on its feet I have a bridge to sell too.
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