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10.07.09
For Sale, Cheap: America

The United States is being bought up by foreigners. It’s sort of like a rummage sale or a department store bargain basement. Investors are buying up US companies at a record pace and foreign governments are “buying up” the Federal Government through loans to finance Congressional and Presidential deficit spending and corporate bailouts. On one recent day, the stock market reported more than $14 billion in stock acquisitions, some of it in buyout deals by foreign financiers.

08.24.09
I Hope You Like Bananas: Financier Says USA To Become A Banana Republic

The mountainous U. S. debt incurred by the governmental attempt to pull the country out of the current recession could turn the country into a banana republic, says Warren Buffett. His contention is that like unchecked carbon emissions melting the icebergs, unchecked greenbacks will melt the purchasing power of our currency. The “Wizard of Omaha” has been right more than he’s been wrong, so you can bet that he has some insight into the future if the Congress and the Fed continue dilute the value of the dollar by printing more money to cover budgetary shortfalls.

08.24.09
I Hope You Like Bananas: Financier Says USA To Become A Banana Republic

The mountainous U. S. debt incurred by the governmental attempt to pull the country out of the current recession could turn the country into a banana republic, says Warren Buffett. His contention is that like unchecked carbon emissions melting the icebergs, unchecked greenbacks will melt the purchasing power of our currency. The “Wizard of Omaha” has been right more than he’s been wrong, so you can bet that he has some insight into the future if the Congress and the Fed continue dilute the value of the dollar by printing more money to cover budgetary shortfalls.