Money-Man Warren Buffett on the Nat’l Debt Ceiling
July 8, 2011 by PaulM Posted in Lowell, Politics, Current Events, History Leave a Comment
From AOL/Huffington Post, here are comments by ultra-wealthy Warren Buffett on the political game being played by national Republicans in Congress concerning the national debt limit. The clip is from a CNBC interview.
In May, Buffett stated at a Berkshire Hathaway shareholder’s meeting that if the Congress failed to raise the debt ceiling, it would constitute “the most asinine act” in the nation’s history, reports Reuters.
Buffett recently made his annual donation to the Gates Foundation, part of his $1.5 billion pledge. This news report about his philanthropy is from the San Francisco Chronicle.