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Old 07-08-2010, 05:02 PM
 
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In the interview, Buffett says "we're on the right course" and encourages President Obama to speak with "enormous confidence" about the country's economic future. He says the stimulus is working and the economy will improve in the next 2-3 years. "We're hiring," he adds referring to many of his Berkshire Hathaway companies, another sign that the recovery is on track.

Warren Buffett On The Economy, The Deficit, LeBron James And BP (VIDEO)
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Old 07-08-2010, 05:10 PM
 
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http://www.youtube.com/watch?v=0vqDQfgOTTk
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Old 07-08-2010, 05:25 PM
 
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Quote:
Originally Posted by MN55 View Post
YouTube - Cool Story Bro'd
Lol, grow up, little hater.
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Old 07-08-2010, 05:28 PM
 
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Originally Posted by delusianne View Post
In the interview, Buffett says "we're on the right course" and encourages President Obama to speak with "enormous confidence" about the country's economic future. He says the stimulus is working and the economy will improve in the next 2-3 years. "We're hiring," he adds referring to many of his Berkshire Hathaway companies, another sign that the recovery is on track.

Warren Buffett On The Economy, The Deficit, LeBron James And BP (VIDEO)

YouTube - Peter Schiff Stimulus Bill Will Lead to "Unmitigated Disaster"
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Old 07-08-2010, 05:31 PM
 
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After reaping the benefits of the Gov. bailout of Goldman Sachs Buffet is indeed seeing "recovery". For his multi-billion conglomerate of corporations he NEEDS the US investors to see recovery too (whether it exists or not).

Let us also not forget that the Berkshire Hathaway companies are reaping the tax benefits NOW of hiring. Any company can say they are hiring, they are always hiring, they have also done plenty of firing and lay-offs.

How will a VAT plus Cap & Tax effect any signs of recovery? Hint..........it will be devistating.
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Old 07-08-2010, 05:37 PM
 
Location: OCEAN BREEZES AND VIEWS SAN CLEMENTE
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I smell a rat for a multi-billion corporation. With the bail outs in play, i am sure he is seeing recovery. Comapnies are always hiring, but their are just as many of lay-offs also. I am more then sure that Buffet has a angle to all this. His wallet.
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Old 07-08-2010, 05:38 PM
 
Location: On Top
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Uploaded to youtube February 13, 2009
The OP's link July 8, 2010 ....nice try.
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Old 07-08-2010, 05:57 PM
 
34,990 posts, read 36,898,171 times
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Originally Posted by lifelongMOgal View Post
After reaping the benefits of the Gov. bailout of Goldman Sachs Buffet is indeed seeing "recovery". For his multi-billion conglomerate of corporations he NEEDS the US investors to see recovery too (whether it exists or not).

Let us also not forget that the Berkshire Hathaway companies are reaping the tax benefits NOW of hiring. Any company can say they are hiring, they are always hiring, they have also done plenty of firing and lay-offs.

How will a VAT plus Cap & Tax effect any signs of recovery? Hint..........it will be devistating.
It's true that momentum in either direction depends on psychology, a lot. But I dont think he's just giving a pep rally. I dont think he would lie about hiring; why would he? As for a VAT, you all are constantly complaining that 47% of Americans dont pay any taxes and the rich are forced to carry them, arent you? A VAT would make you happy then -- if the IMF were to get its way, and it likely wont.

Cap and trade, Obama is cooling off about it for now evidently, and has asked for other suggestions. (Meanwhile, Remember when Republicans liked cap-and-trade? | Grist)
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Old 07-08-2010, 05:58 PM
 
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Originally Posted by meson View Post
Uploaded to youtube February 13, 2009
The OP's link July 8, 2010 ....nice try.
Ta meson
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Old 07-08-2010, 06:12 PM
 
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Last Friday’s Department of Labor jobs report, which showed private sector job creation fell by 190,000 between April and May of this year, jolted markets worldwide including the Dow Jones Industrial Average, which fell 3.2% Friday to its lowest level since early February. In total the U.S. economy has now lost a net of 2.2 million jobs since President Barack Obama signed his stimulus bill, and his administration is now 7.2 million jobs short of what he promised his $862 billion stimulus would help create by 2010. This morning on MSNBC, former Rep. Joe Scarborough (R-FL) pressed prominent Keynesian economist and director of the Earth Institute at Columbia University Jeffrey Sachs on whether it was too early to declare President Obama’s stimulus a failure. Scarborough had to ask the question twice, but Sachs finally relented: “It did fail.”

Morning Bell: Why Obama’s Stimulus Failed | The Foundry: Conservative Policy News.

http://www.youtube.com/watch?v=hySkSxRjR50
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