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Old 07-20-2011, 05:08 AM   #1
rozettasmolanov

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Default Warren Buffet: Debt Ceiling Should Be Eliminated; Down on Obama's Corp. Jet Rhetoric
Wasn't Buffet a big Obama supporter in 2008? Thanks for helping get the Putz in Chief elected, Warren.

Click on link for video:

http://mrctv.org/videos/warren-buffe...e-jet-rhetoric

Warren Buffett Not a Fan of Obama’s Corporate Jet Rhetoric

http://mrctv.org/videos/warren-buffe...e-jet-rhetoric

Warren Buffett pushes back against the Obama administration's demonization of corporate jets while appearing on CNBC.
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Old 07-20-2011, 06:08 AM   #2
triarmarm

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Politico: http://www.politico.com/news/stories/0711/59335.html

Billionaire investor Warren Buffett says the debt ceiling should be done away with, arguing it is nothing more than an “artificial limit” that ends up wasting time in Congress.

“All it does is slow down a process and divert people’s energy, causes people to posture. It doesn’t really make any sense,” the Berkshire Hathaway CEO said in an interview with NBC News on Monday afternoon at the White House. The interview followed a meeting Buffett and Bill and Melinda Gates had with President Barack Obama about charitable giving.

...

Ultimately, the Oracle of Omaha said he sees a deal to raise the debt ceiling coming out of the latest “waste of Congress’ time.”

“We cannot go to Aug. 2 and tell the rest of the world, ‘Look because we’re having this little fight in our sandbox back here, that we’re going to essentially default on obligations of the United States for the first time in our history,’” he said.

“That’s a level of immaturity that I don’t believe even this Congress is up to. So it’ll happen, we’ll get something, and in the end, we have to get something,” he added, suggesting that he might support the kind of “grand bargain” that Obama and House Speaker John Boehner (R-Ohio) have tried to negotiate. “But why not aim high rather than aim low?”
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Old 07-20-2011, 07:29 PM   #3
Obebtetibre

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The debt ceiling being raised has never been an issue in the past, it was raised every time GWB needed it (8 or 10 times I think), and the same before he was in office, it was not until there was a black Democrat in the White House did this become a weapon of the GOP. It's party over country with these Delta Bravo's in the house. America is not dumb and just wait for the 2012 elections, it will be time to pay the piper and I for one will be on the couch with my pop corn watching the Koch Brother tools get tossed out of office.
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Old 07-20-2011, 08:47 PM   #4
Abedgebeefs

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According to a 2008 report to Congress, the debt ceiling was raised 5 times from 2001-2008.

I don't recall hearing Cantor, McConnell, et al bitching about it when Bush decided to invade Iraq.
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