Warren Buffet The Economy is falling off the cliff

[Soultaker1982]

9/27/2010 - Still Falling

BTW, why is Buffet investing in all these failed companys. Does he know something we don't know? Why are Democrats writing laws that give their buddies the edge(GE, Buffet, cap & trade). Is America bilnd, I mean even this dumb ass (ME) can see it.

[witecracker2]

banks are the true new age criminals

[llshamelessll]

the bailouts and printing money have put us past the point of no return. if you have any cash put it in a commodity. have something tangible. obama is gonna print another trillion so hold on to your ass folks. nobody is gonna buy and t-bills so it back to printing and he'll print alright. the nwo plan it to ruin america so folks will accept imf loans and the nwo begins. resist and stay free... the imf only turns countries into endentured servants.

[000Winter000]

@llshamelessll What's IMF?

[june201955]

Duh?.............

[paul8kangas]

American economy is at a stand still. People must create a new business. Let GM die. Capitalism is dead. Only the socialist states understand the power of full employment.

Those who refuse to work, must be allowed to die.

Those that refuse to plant huge gardens in 2009, will starve this winter. Head back to the rural communes.  Find a commune & plant more vegetables for winter. This is an emergency.

[000Winter000]

@paul8kangas Growing veggies in our own backyards will soon be a crime.

[smilingseal]

Bank of America is not allowing line of equity or new loans on income property.

Even the collateral equity and borrower credit score is excellent.

Why, is this? Interest rates are low, why arent they doing business with people??

i thought our governement is pouring money in the financial institutions for that exclusive purpose?

Something is really wrong here

lets fix this now....interest rates will not stay low, people need to refincance, and borrow to invest.

[drewd1987]

I don't think you understand the reality that credit and borrowing has got us into this mess. The Banks know this, Peter Schiff among thousands of others have been warning of this, and so getting a loan is going to be very hard. The Banks are doing the right thing, while the government continues to devalue the dollar.

We're past the point of return. We are bankrupt meaning that the total income of the government only pays on the INTEREST of the national debt and not even the payments themselves

[mookixox]

It's just an illusion to mask an illusion to mask a giant well orchastrated SCAM. It reminds me of what happened with ENRON, they kept digging a deeper and deeper hole and creating bigger and bigger lies until someone finally opened the pandoras box...now it's time to pay the piper*

[lezlitaz]

yes...dont question , dont debate, just do what i say