Which world leader holds the distinction of making the "greatest economic statement of all time"? According to Warren Buffett, it's George W. Bush.
Senate leaders reached agreement Wednesday to avert a threatened Treasury default and reopen the government after a partial, 16-day shutdown, according to a Republican senator who also said the House might vote first on the plan to speed its approval.
Since President Obama has proven more determined to please his environmental base than serve the American people, and since he now mocks building the Keystone XL pipeline for the "50 jobs" he says it would create, maybe it's time to listen to him and give up ("Obama scoffs at construction jobs for Keystone after embracing them for his stimulus," Web, July 31).
The rumors had been circulating in Washington for weeks, but Bloomberg brought it above the waterline on Thursday: "At closed-door fundraisers held over the past few weeks, the president has been telling Democratic Party donors that he will unveil new climate proposals in July."
Newspapers that fail to adapt to the 21st century won’t be around for the 22nd. Some newspaper publishers want to abandon printed newspapers to survive in the digital free-for-all.
Resolved: No American citizen shall be required to pay federal income taxes at a rate higher than the country's millionaire president pays.
Today's reigning king of corporate greed is Heinz CEO William Johnson, who stands to reap a staggering $212.7 million payout if he leaves the company when it is taken private by multibillionaire Warren Buffett ("Heinz deal under FBI, SEC fire for insider trading suspicions," Web, Feb. 20). I have always supported the capitalist, free-enterprise system, which enables individuals to parlay their skills into great deals of wealth. The Johnson package, however, like so many others in this era of unrestrained money-grabbing, goes beyond reason. It is legal, but not ethical or honorable.
Mexico's Carlos Slim remains the world's richest man for the fourth year in a row, according to Forbes, while Warren Buffett dropped out of the top three for the first time since 2000.
I have long contended that public policy issues are as complicated as they appear because the giants of Capitol Hill like it that way, particularly the giants of the left. Bills can be written more simply. Decisions can be phrased with a certain lucidity.
Billionaire Warren Buffett's Berkshire Hathaway said Monday that it is buying the Tulsa World, bringing its newspaper unit to 28 small- or medium-sized dailies.
Sir Richard Branson is the latest in high-profile billionaires to pledge half of his Virgin Group fortune to charity. Mr. Branson has added his name to the Giving Pledge campaign set up by U.S. investor Warren Buffett and Microsoft founder Bill Gates, The Daily Mail reports.
First the SEC, now the FBI. Warren Buffett's Berkshire Hathaway fund, which bought Heinz last week for $23 billion, is under a cloud of investigation for suspicious trade deals that were tracked in the lead-up to the purchase.
With the automatic cuts looming March 1, the Obama administration is offering more specifics on what lower spending would mean, pointing to everything from fewer agents on the U.S.-Mexico border to cutting funding for special education in school districts around the country.
Not long ago, Warren Buffett promised raising taxes on the rich would boost the morale of the middle class. Thanks to the New Year's "fiscal cliff" deal, the rich's taxes have gone up, but consumer sentiment isn't showing any signs of improvement.