It's about time a major figure in the business community finally came out and called the Republicans out on their intellectual dishonesty. Wall Street is going to start pressuring the Tea Party Republicans on their little game of chicken they so enjoy. And if the GOP does not cave to them, the blame for the consequences will be on them for generations to come.
Friday, July 8, 2011
Warren Buffet speaks truth to power
Warren Buffet, on an interview with CNBC, decided to call out the Republicans for their hypocrisy. He began by pointing out that the debt ceiling was raised 7 times under George W. Bush and the Republicans never made a fuss about it at all. Now, the Tea Party Republicans have decided to play politics with the nation's credit rating. And Buffet sums this up very nicely, " the Republican-controlled Congress is "trying to use the incentive now that we're going to blow your brains out, America, in terms of your debt worthiness over time."
It's about time a major figure in the business community finally came out and called the Republicans out on their intellectual dishonesty. Wall Street is going to start pressuring the Tea Party Republicans on their little game of chicken they so enjoy. And if the GOP does not cave to them, the blame for the consequences will be on them for generations to come.
It's about time a major figure in the business community finally came out and called the Republicans out on their intellectual dishonesty. Wall Street is going to start pressuring the Tea Party Republicans on their little game of chicken they so enjoy. And if the GOP does not cave to them, the blame for the consequences will be on them for generations to come.
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