Home Forums Hunting & Shooting Hunter's Campfire Buffett Says...

Every company that Berkshire Hathaway owns pays dividends however Berkshire Hathaway pays zero dividends to its stockholders. Granted those dividends go in as cash holdings in Berkshire Hathaway, but Buffett benefits from the dividends too

None are better they all crooks and could care less about American people.

His net worth benefits as to the value of his BRK holdings just like any other stockholder, but not his income.

Berkshire does, but unless Buffet deliberately goes out of his way to pay more taxes doesn't show any dividend on his personal taxes.

They have been saying for 12 to 15 years, that 47 percent of population in US don’t pay any taxes, now you have 10 million more illegals on top of that, start with the biggest problem looking you in the eye !

Budgets are set and spending is determined primarily by Congress. President basically does/doesn't sign those bills. So who has held Congress at any given time has more to do with deficit spending than the President.

When is the last time Congress actuall did their duty and passed a budget?

What amazes me are the number of people living paycheck to paycheck, no retirement savings or even regular savings for that matter. Many of these folks are driving $60,000plus vehicles with large monthly payments including mortgages and knee-deep in credit card Debt. What happens when these big companies start laying off and the the recession hits?

Companies are laying off - the recession isn't talked about because the federal/government spending keeps propping up GDP.

This

And this is the kind of stuff that Im talking about. We have a huge hit coming. Well north of a trillion dollars in credit card debt now, prices of everything rising, interest rates making vehicles and homes untouchable for most and they still cant get inflation under control. They are holding the crash off as long as possible so the average dumb voter wont blame the illegal pedo sitting in the wh currently. So many dont quite understand how bad things are going to get

Large cap stocks?

If a generation or other people feel like houses are out of touch now - price wise. Fed cutting rates and a drop of mortgages to just 4% much less the sub 3% others enjoyed in the past is going to make today's prices look like the best thing they've ever heard of.

Slum,

Hope you're getting better!

Bet R50 could help with that buffet....

Nope. Discussed above.

I can't help but thing the whole ponzi scheme is heading for the inevitable crash.

I'm thinking about investing my massive cash holdings in Chef Boyardee products and shelf stable beer.

I was thinking the same thing. Remember when the President would lay out a budget listing his priorities and then congress would take their stab at it with the line-items often being publicized sticking-points for both sides?

Congress seems to now greatly prefer Continuing Resolutions with Sweet and Sour Pork-Balls.

Anybody actually know what/who's budget they're actually Continuing?

The President signs the bill. Simple as that. He can easily not sign it, send it back to congress, and say I’m not signing anything that adds$8 trillion to the budget. Besides, Trump said he would balance the budget. Why not hold him accountable for that lie? Funny thing is, when it’s Trump, you guys blame congress for the debt, but when it’s Obama or Biden, the blame goes directly to the top! Why the double standard?

There is no double standard from where I sit. Republicans and Democrats are equally guilty for the overspending. On the campaign trail EVERYONE promises to do something about it and EVERYONE instantly forgets their promises when sworn into office.

99% of voters can't balance a checkbook, live within their means, have copious amounts of debt, and couldn't pass a high school economics class. So Congress and Presidents alike know they can do whatever the hell they want and no one would be the wiser.

Idiots one and all.

that is hard for some to understand...bob