2011- When asked how to solve the U.S. deficit, Warren Buffet responded: “You just pass a law that says that any time there’s a deficit of more than three percent of GDP, all sitting members of Congress are ineligible for re-election.”

For those who care, here’s the video where he says this I think he’s absolutely right. Nothing gets more shit done than consequences. www.cnbc.com/id/43670783 Warren Buffett says he could fix the … Read more

Bernanke saw no risk to the economy of: $13 trillion deficit, $4.7T Fed QE bubble, $1.5T increase in taxes, Stagnating real wages, Productivity growth and labor participation rate at 1978 levels…But is worried about tax cuts.

Bernanke saw no risk to the economy of: . $13 trillion deficit . $4.7T Fed QE bubble . $1.5T increase in taxes . Stagnating real wages . Productivity growth and … Read more