Warren Buffett: The financial panic is over
OPS_admin | Nov 13, 2009 | Comments 0
Warren Buffett, perhaps the world’s most admired investor, said on Thursday the financial panic that gripped the globe last year is a thing of the past, even as the U.S. economy’s struggles persist.
“The financial panic is behind us,” the world’s second-richest person said at Columbia University’s business school. “Our economy was sputtering, still is sputtering some.”
Buffett, 79, nevertheless said there is greater opportunity for investments inside the United States than outside, noting that the U.S. economy is far larger than any other.
Full Story Warren Buffett: The financial panic is over | U.S. | Reuters.
OPS: Damned glad it’s over for him and his billionaire friends and trans national corporations
Filed Under: Economy - Labor
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The oligarchs openly talking about a coup d'état in America?
Multi-millionaire lobbyist Grover Norquist is calling for the impeachment of President Obama. In an interview with the right-wing National Journal - Norquist warned that if President Obama wins re-election and decides to let the Bush tax cuts for the top 2% expire at the end of the year - then Republicans will "have enough votes in the Senate in 2014 to impeach [him]."What does that mean? It means that the super rich in America - and their political operatives like Norquist in Washington, DC - have now compared a tiny tax increase on the wealthy to high crimes and treason - the only Constitutional basis Congress can use to impeach a President. It sounds like the oligarchs are now openly talking about a coup d'état in America.-Thom(Do you think will try it? Tell us here.) -
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