Wednesday, February 24, 2010

Buffet's Partner Says U.S. Economy Is Done For

Excerpt:
Charlie Munger, Warren Buffett’s longtime business partner in Berkshire Hathaway, warns in a new column that the U.S. economic empire is crumbling before our eyes, thanks to federal debt and poor planning.

In an article penned for Slate.com, Munger uses the form of a parable to explain how Wall Street’s love affair with gambling has destroyed America’s Main Street.

The article leads with this headline: “Basically, It’s Over.”

http://www.thedailybell.com/835/Buffets-Partner-Says-America-Is-Finished.html

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