Gerry Canavan

the smartest kid on earth

Posts Tagged ‘Warren Buffett

Buffett: Eliminate the Debt Ceiling

with 5 comments

From my lips to Moody’s ears to Warren Buffet’s lips:

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 conducted Monday afternoon at the White House after he and Bill and Melinda Gates met with President Barack Obama about charitable giving.

Written by gerrycanavan

July 19, 2011 at 9:34 am