Free Republic

Warren Buffett's new philanthropic alliance with fellow billionaire Bill Gates won widespread praise this week, but anti-abortion activists did not join in, instead assailing the two donors for their longtime support of Planned Parenthood and international birth-control programs. The Bill and Melinda Gates Foundation, to which Buffett has pledged the bulk of his $44-billion fortune, devotes the vast majority of its funding to combating disease and poverty in developing countries. Less than 1 percent has gone to Planned Parenthood over the years. "The merger of Gates and Buffett may spell doom for the families of the developing world," said the...

BUFFETT: NUKE TERRORIST ATTACK 'WILL HAPPEN... VIRTUALLY A CERTAINTY'...

On FoxNews a little while ago, they showed a video clip of Warren Buffet speaking at what looked like a Hillary campaign fundraiser. I can't find the video on Fox's site, YouTube, or Google video, so it seems like it isn't up yet. From memory it went like this: Buffet: My idea is that you make a company so good that even an idiot can run it, because you know that one day an idiot will end up running it! (Audience laughter) Buffet: Kind of like this country, where even an idiot can run it, and is... (LOUD cackling from...

OMAHA, Neb. - A man with camouflage paint on his face and a fake gun tried to break into to billionaire Warren Buffett's house but fled after a scuffle with a security guard, police said Thursday. Buffett's wife, Astrid, summoned the guard after the doorbell rang shortly after 10 p.m. Wednesday, police said. The security guard found the man, dressed all in black, on the home's front porch and confronted him, police said. The man struck the guard on the head, then fled and remained at large Thursday. Neither Buffett, who was home at the time, nor his wife was...

Bear Stearns, its shares and reputation beaten down after the collapse of two hedge funds, is in serious talks to sell as much as 20 percent of the firm, with several individual investors, including Warren E. Buffett, expressing an interest, people briefed on the discussions said today. Other investors who have expressed an interest in buying a minority stake include the Bank of America, Wachovia and two Chinese institutions — the Citic Group and China Construction Bank, these people said. Such expressions of interest will help bolster Bear and its chief executive, James E. Cayne, who has struggled to restore...

Buffett may be brilliant when it comes to picking stocks but in the field of economics he is a blithering buffoon. I have no way of knowing why Buffett has attached his colours to the Democrats, a party whose policies can be summed up in three slogans: raise taxes, raise government spending, regulate the economy. And keep on doing it until the economy sinks into stagnation, at which point they can blame everyone but themselves. (I know that the Republicans’ spending record has been dismal, but at lease most of them can be made to see the light. This is...

<p>George Soros, Al Gore, Warren Buffet, Maurice StrongThe Democrat-loving mainstream media is missing the boat on Warren Buffet’s take of America’s economic meltdown as …”a sort of economic Pearl Harbor we’re going through.”</p> <p>That being the case, then surely the first question should be: “Who is attacking the U.S.?”</p>

Washington, DC -- During the third and final presidential debate last week, Barack Obama mentioned investment guru Warren Buffet as a financial advisor. Obama called Buffet a "my friend and supporter," but failed to mention Buffet has given millions of dollars to pro-abortion groups.

Market turmoil gets Barack Obama elected. He knows this and more importantly, so do his supporters. A survey released by Prince and Associates, shows that 75% of voters worth $1 million to $10 million are favoring John McCain, but of those voters worth more than $30 million, two-thirds support Obama. It's no secret that the majority of uber rich individuals despise the current administration and are willing to do whatever they can to get new blood into the White House; even if it comes under conditions of an economic collapse. These Obama billionaires, led by famed market manipulator George Soros,...

Los Angeles: Barack Obama has promised to increase taxes if he becomes president of the United States. But the really rich want change and many of them have said they are voting for the senator from Illinois. Despite the tradition that says the country's wealthy tend to favour the Republican Party, there has been an unexpected swing ahead of Tuesday's election that favours the black Democratic candidate. For starters, the country's two richest men, Warren Buffett and Bill Gates, have already said they will vote for Obama. According to Forbes magazine, Gates - worth an estimated $55.5 billion - contributed...

Sometimes I wish there were a humane way to get rid of the rich. Without the rich for whipping boys, we might be able to concentrate on what's best for the 99 and a half percent of the rest of us. Warren Buffett and Bill Gates, with about $60 billion in assets each, are America's richest men. With all that money, what can they force us to do? Can they take our house to make room so that another person can build an auto dealership or a casino parking lot? Can they force us to pay money into the government-run...

Sometimes I wish there were a humane way to get rid of the rich. Without the rich for whipping boys, we might be able to concentrate on what's best for the 99 and a half percent of the rest of us. Warren Buffett and Bill Gates, with about $60 billion in assets each, are America's richest men. With all that money, what can they force us to do? Can they take our house to make room so that another person can build an auto dealership or a casino parking lot? Can they force us to pay money into the government-run...

DETROIT - Fledgling Chinese automaker BYD Auto Co. Ltd. - a Chinese battery maker with backing for its auto venture from billionaire Warren Buffet - announced yesterday that it plans to formally enter the crowded and competitive U.S. auto market by 2011. Eyes Toledo for Plant Site

Here is video of Billionaire Warren Buffet in an interview with CNBC today saying in an interview that the U.S. Economy has "fallen off a cliff." Buffet says he has seen more drastic changes in American consumers than at any time in his lifetime. He believes the fear Americans have has changed their spending habits, and that will not be altered quickly. Buffet said the core of the problem goes back to the belief that housing prices could only go up and never down, a belief he said everyone had - including himself. Buffet said this economic disaster will end,...

In another clip from the CNBC interview today, Billionaire investor Warren Buffet said there are "too many cooks in the kitchen" in Washington, D.C., referring to too many voices speaking out on what needs to happen to turn the Economy around. Buffet likens the current crisis to an "economic Pearl Harbor," and said if it is a war then you cannot have every member of Congress planning battle strategy and then second-guessing every move that is made. But at the same time, Buffet seemed to take a shot at the Democrats and President Obama when he said that if you...

Billionaire Warren Buffett said unemployment will likely climb a lot higher depending upon how effective the nation's policies are, but he remains optimistic over the long term. Buffett said the nation's leaders need to support President Barack Obama's efforts to repair the economy because fear is dominating Americans' behavior and the economy has basically followed the worst-case scenario he envisioned. "It's fallen off a cliff," Buffett said Monday during a live appearance on CNBC. "Not only has the economy slowed down a lot, but people have really changed their habits like I haven't seen." ... He predicted that unemployment will...

After saying the economy has “fallen off a cliff,” legendary investor Warren Buffett this morning rapped political leaders for not being united enough in dealing with what he called an “economic Pearl Harbor” about six months ago. Buffett, who supported Barack Obama in the election, didn’t let Democrats skate, but he particularly singled out the GOP. “They really do have an obligation to support things that are clearly designed to fight the war in a big way,” Buffett said on CNBC’s “Squawk Box” this morning. “I think that the Republicans have an obligation to recognize this as an economic war...

Warren Buffett, the US investor dubbed the Sage of Omaha, continues to be a cheerleader for equities despite recent spectacular misjudgments on the timing of his buy and hold philosophy. In a wide ranging interview with the CNBC television todayhe insisted that over 10 years, "you will do considerably better owning a group of equities" than US treasury bonds. This echoed his comments to the New York Times in Oct­ober that he was buying US equities. Since then the Dow Jones industrial average has fallen by over 26% and more than 2,300 points as it tests lows which have not...

[VIDEO] Excerpt: Then came Warren’s big but (which is totally unrelated to Michelle Obama’s big butt): “…Job one is to win the war, the economic war. Job two is to win the economic war. And job three. And you can’t expect people to unite behind you if you’re trying to jam a whole bunch of things down their throat. So I would, I would absolutely say for the, for the interim, till we get this one solved, I would not be pushing a lot of things that are, you know, are contentious. And I also, I also would do no...

When Warren Buffett speaks, it’s usually worth paying attention. This time, the Oracle of Omaha is voicing concerns about the ability of some battered local and state governments to pay off their debts. The idea of cities and states facing insolvency is alarming for sure, and Buffett isn’t alone. Moody’s recently assigned a “negative outlook” to the creditworthiness of all the nation’s local governments. The agency has rarely made such a sweeping generalization but said the magnitude of this recession warranted the move. The comments are the latest to have shaken the once-staid world of municipal bond investing. Traditionally, muni...