Business & Economics: August 2011 Archives

Don't Worry! We're "AAAA"!

Hey financial markets, chill out! Legendary ~~Obama supporter~~ investor Warren Buffet says America's debt should be "AAAA"!

U.S. billionaire Warren Buffett not only thinks that Standard & Poor's shouldn't have downgraded the country's credit rating from AAA to AA+ -- he thinks it should have been raised to "quadruple A." ...
Buffett, 80, meantime, said Friday that that the S&P decision "doesn't make sense" and that his Omaha, Nebraska-based company would hold onto its sizeable number of U.S. Treasury bills.

"In Omaha, the U.S. is still triple-A. In fact, if there were a quadruple-A rating, I'd give the U.S. that," he told Fox Business News.

The best part is this image of Obama giving Buffet a Medal of Freedom: