Warren Buffett weighs in on the race he calls "like none other I've ever seen," says the U.S. economy is "softer than people think," and calls embattled banking giant Wells Fargo "a great bank that made a terrible mistake."
If Warren Buffet gave 100% of his wealth to the government over ten years, that would be about $60 billion. A 1% wealth tax on the top 1% over ten years would raise about $3.4 trillion. Voluntary taxes are a silly idea.
She said Trump wanted to "deport immigrants" when he actually said "deport ILLEGAL immigrants". Love the way these Lefties conveniently leave out the operative word for political expediency!
I love Buffett and in 80% of the time, I agree, but his answer to the capitalism question at 26:00 is wrong. The simple reason, why many young people have something against capitalism is because they are to young to have witnessed or experienced the alternatives
Aktien mit Kopf ha he and Charlie has said multiple times that the young won't make as much as our seniors. We're going to be a lost generation. What's worse is that we have to pay for your asses retirement and medical care. There will be nothing left for us. Your system is screwing my generation.
Fully respect this man for his insight and accomplishments. I did find interesting that he did not mention oil in his list of what his rail wagons transport, would that weigh in with his opposition to pipelines? Also found interesting that half of the conversation was on Wells Fargo. Did I detect a certain bias, and could it cost him billions of he said anything negative about the bank? I do wonder what his comments were if he did not hold a 10%+ stake in that company...
