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The Blackstone Group L.P. Message Board

  • billlewisiv billlewisiv Nov 28, 2012 10:22 AM Flag

    Fiscal cliff is #$%$....ask Warren Buffet

    Not even KCG, a large BX investment that is soaring, can help today. The self-fulfilling prophecy of a the fiscal cliff has our markets in a panic. Buffet explains it perfectly...the fear of businesses ceasing investing is unfounded. If they find a good opportunity, will they say "No thanks - we're too concerned about a few extra percentage points we'll be paying in taxes...we'll leave the money in the bank, making ONE PERCENT interest." Sure, that'll happen.

    We are a nation of idiot and crooks. And they're all running our markets, shaping YOUR retirement.

 
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