America’s Pensions & the “Gigantic Financial Tapeworm”

In the latest annual letter for Berkshire Hathaway, Warren Buffett chose to describe public pension plans as a “gigantic financial tapeworm” and warned of a decade worth of pain. He was certainly right about the first point, but not necessarily about the second point. Alberta Martin (Stewart) died in Montgomery, Alabama from complications of a …

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Buffett Says: “America Has Faced A Lot Tougher Problems Than This One”

In spite of all of the very intense political fighting taking place over the fiscal cliff, Warren Buffett is very optimistic that our nation will fix its overall debt problem soon. During an interview that he gave on BBC Radio 4’s program named Today, Warren Buffett said: “in the end, 535 people in Washington will …

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Buffett’s Budget Thoughts For The Deficit

Every once in a while, something is important because of who said it, and not just what they happen to have said. That’s the way it goes with Warren Buffett’s op-ed piece in which he discusses taxes and our current fiscal reality. It was published in the New York Times last week. You know this …

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