Tag Archives: Warren Buffett

S&P Downgrades Berkshire From AA+ To AA, Outlook Negative

Obviously with Buffett a major shareholder of Moody’s, the only place where a downgrade of Berkshire could come from was S&P. Moments ago, the rating agency that dared to downgrade the US for which it is being targeted by Eric … Continue reading

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The Rich Get Richer Explained

From Zerohedge: In anĀ attempt to break the now ubiquitous narrative that “it’s all about income tax rates”, and to challenge the ridiculous new support for QEternity; ‘The Bears’ that brought you ‘The Bernank’ are back. In this cartoon, they explain … Continue reading

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Warren Buffett Shut Down the Keystone Pipeline?

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Warren Buffett’s “Generous” Contribution to the Treasury

Warren Buffett is “particularly impressed that you took this action before my challenge” concerning Rep. Scott Rigell’s contribution over $49,000 to pay down the national debt. Mr. Buffett matched the amount and this story makes good fodder for the media. … Continue reading

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Moody’s Credit Ratings Are Hypocritical

Moody’s downgraded Japan’s credit rating citing weak future economic growth and the ability to pay down its huge debt. Based on this analysis, Moody’s credit analysis is either hypocritical or is based on personal interests. Standard & Poor’s downgraded the … Continue reading

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