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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: pompsander who wrote (766873)12/17/2007 8:32:31 PM
From: PROLIFE  Read Replies (2) | Respond to of 769670
 
well, I will admit I mad a mistake..it was an interview with Rupert Murdock not Buffet. even the good guys can have make a mistake now and again.



To: pompsander who wrote (766873)12/18/2007 6:54:31 AM
From: tonto  Read Replies (4) | Respond to of 769670
 
Exactly. We must stop deficit spending and both parties continue to promote it. It should not be supported, but unfortunately most partisans ignore their own party proposal and condemn the other party proposal. Both parties are the problem and should not be supported until they become fiscally responsible.

Buffett's sternest warning of economic malaise ahead came when he described the big-picture consequences of continued deficit spending. He said the decline of the dollar against world currencies will continue "until we materially change" the practice of having other countries fund the nation's deficit spending.

"We can't remain the leader in the world if we've mortgaged our fiscal stability," Buffett said.