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Open Discussion Discuss Warren Buffett Describe the Debt Talks As a Giant Game of Chicken at the General Forum; Watch "Warren Buffet Describes the Debt Deal As a Giant Game of Chicken" Video at New York Magazine Great analogy. ...

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Old 08-17-2011, 03:36 AM
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Default Warren Buffett Describe the Debt Talks As a Giant Game of Chicken

Watch "Warren Buffet Describes the Debt Deal As a Giant Game of Chicken" Video at New York Magazine



Great analogy.

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Old 08-17-2011, 03:40 AM
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Default Re: Warren Buffett Describe the Debt Talks As a Giant Game of Chicken

At least he tries to put his money where his moth is:
Quote:
Warren Buffett and Howard Schultz want to change the conversation about how to fix the United States' economic woes. But their solutions - more taxes on the rich and a boycott on political donations - risk falling on deaf ears among fellow business leaders.
Quote:
More than 40,000 Twitter users shared billionaire investor Buffett's op-ed column in Monday's New York Times calling for the wealthy to shoulder a bigger tax burden.
Reuters
CNBC's largely corporate audience backed Starbucks Chief Executive Schultz's call to fellow CEOs to stop sending political donations until Congress and the President come up with a long-term plan for a "fair, bipartisan" deal to curb U.S. debt...
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Schultz has managed to get NYSE Euronext Chief Executive Duncan Niederauer and Nasdaq OMX Group Chief Executive Robert Greifeld to pledge their support for his proposal
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Old 08-17-2011, 09:16 AM
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Default Re: Warren Buffett Describe the Debt Talks As a Giant Game of Chicken

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more taxes on the rich and a boycott on political donations




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Old 08-17-2011, 09:28 AM
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Default Re: Warren Buffett Describe the Debt Talks As a Giant Game of Chicken

And if you asked those same 40,000 people who twittered their agreement with Buffett if they would be willing to contribute more the majority would say no.

It is always easier to see the other guy pay more.
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Old 08-18-2011, 04:26 AM
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Default Re: Warren Buffett Describe the Debt Talks As a Giant Game of Chicken

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Originally Posted by MrLiberty View Post
And if you asked those same 40,000 people who twittered their agreement with Buffett if they would be willing to contribute more the majority would say no.

It is always easier to see the other guy pay more.
no they are withholding donations, Mr Lib, till congress gets it together.
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