[ExI] Warren Buffett is worried too and thinks Republicans are "asinine"

[Kelly Anderson]

On Wed, Oct 16, 2013 at 10:27 AM, spike <spike66 at att.net> wrote:

> *From:* extropy-chat-bounces at lists.extropy.org [mailto:
> extropy-chat-bounces at lists.extropy.org] *On Behalf Of *John Clark
>
> *Sent:* Wednesday, October 16, 2013 9:04 AM
> *To:* ExI chat list
> *Subject:* [ExI] Warren Buffett is worried too and thinks Republicans are
> "asinine"****
>
> ** **
>
> For those living in a fools paradise and think the failure to extend the
> debt ceiling is no big deal this is what Warren Buffett, a man who knows a
> thing or two about money, has to say on the subject:  …   John K Clark****
>
>
> **
>
> John everyone, even the Tea Party, agrees default is bad.  The argument is
> really about who is doing it and why we keep hitting the debt limit with
> mind-numbing regularity, as well as how to stop hitting it it and what to
> do if the lenders stop lending, which is looking like a more distinct
> possibility very day.
>
It is idiotic for the president to stand up and say we don't have a
spending problem.

http://www.youtube.com/watch?v=fbWVv8H_S44

We have just added another Trillion dollars to the debt ceiling, and we're
going to hit that early next year. A trillion dollars in debt in just a few
months. It's incomprehensible to think that someone as smart as the
president of the united states would think this is a good idea.

-Kelly
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