Saturday, August 6, 2011

Warren Buffett Disses S&P for Downgrading U.S. Government Debt

Oligarch Warren Buffett, who managed to buy into Goldman Sachs just before the government bailed out Goldman to the tune of multi-billions of dollars, thinks the Treasury is doing one helluva job.

Buffett said in an interview with Betty Liu at Bloomberg Television, that the U.S. debt, which was cut yesterday to AA+ from AAA at S&P, merits a “quadruple A” rating.

Put it this way, he knows who stands ready to bailout his operations, if anything ever went wrong in a part of his conglomerate.

9 comments:

  1. Warren Buffett is a talented SCUMBAG.

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  2. Warren Buffett is part of the problem. He lost all credibility when he shafted the taxpayers with his Goldman deal.

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  3. What did you think the statist establishment hack would say? He will be calling for a national sales tax soon.

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  4. Buffet has the mind of a child and really does consider government as mommy and daddy. I don't think he is a true scumbag. He is a accidental scumbag.

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  5. Buffett is a tool. He should be ashamed of himself.

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  6. His father was a congressman. You know what they say about apples not falling far from trees.

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  7. Davos,

    Wasn't his father a sound-money lassez-faireist? I would think his father would be spinning in his grave.

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  8. Sure was Zach, but save for Ron Paul and a handful of others - I truly believe that anyone who goes into Congress gets effed in the head & genes.

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  9. Of course, Buffett also owns a huge chunk of Moody's

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