Corrente

If you have "no place to go," come here!

Warren Buffett

letsgetitdone's picture

More Austerity Advice From the Very Rich: Buffett On Deficits!

Warren Buffett's recent op-ed in the New York Times is making a stir because it calls for a minimum tax on high incomes above $One million annually. But I was much more interested in some deficit targeting he proposes which exposes his ignorance about the sectoral financial balances model of macro-economics, and reveals him as a deficit hawk whose advice, if followed would be unsustainable and lead the United States into another deep recession. I'll comment on a couple of paragraphs in Buffett's op-ed. Read below the fold...

DCblogger's picture

Repeal Budget Control Act of 2011

https://twitter.com/deficitowl/status/273499626064183297 Read below the fold...

DCblogger's picture

The sage of Omaha is the kleptocrat of Versailles

Thread: 

Mike Lux

I turned to page A2, and there was a classically cynical Dana Milbank column, trashing a Democratic member's press conference on health care and talking about Democrats trying, "to pick up the pieces of the shattered health care bill."


FAIR.org: The corporate ties between insurers and media companies

At the Washington Post Co., two directors are on the board of insurance conglomerate Berkshire-Hathaway, whose subsidiary General Re sells health reinsurance. In fact, Washington Post director Warren Buffet not only chairs Berkshire-Hathaway’s board, he is the company’s CEO.

Read below the fold...
Subscribe to RSS - Warren Buffett