Gayle in MD
09-14-2010, 07:24 PM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">By CNNMoney.com staffSeptember 14, 2010: 7:04 AM ET
NEW YORK (CNNMoney.com) --<span style='font-size: 14pt'> Warren Buffett expressed his confidence in the U.S. economy and ruled out the possibility of a double-dip recession, according to a published report.</span>"I'm a huge bull on this country," said the Omaha, Neb.-based billionaire investor and philanthropist, speaking via video connection to the Montana Economic Development Summit, according to Bloomberg News.
<span style='font-size: 14pt'>"We will not have a double-dip recession at all," he said. "I see business coming back almost across the board."</span>
Buffett told the assembly that American banks had become more open to lending again and he encouraged entrepreneurs to seek financing.
<span style='font-size: 14pt'>"It's night and day from a year, year and a half ago," he said, according to the Bloomberg report. "I know Wells Fargo, they would love to have $50 billion more of loans now. Go in and talk to the banker." </span>
</div></div>
Movie Preview Of Republican Reaction To Good Economic News!
Note: The Dems are in Red, the Repubs black!
/forums/images/%%GRAEMLIN_URL%%/laugh.gif
http://www.youtube.com/watch?v=0dNww4hyw5c
NEW YORK (CNNMoney.com) --<span style='font-size: 14pt'> Warren Buffett expressed his confidence in the U.S. economy and ruled out the possibility of a double-dip recession, according to a published report.</span>"I'm a huge bull on this country," said the Omaha, Neb.-based billionaire investor and philanthropist, speaking via video connection to the Montana Economic Development Summit, according to Bloomberg News.
<span style='font-size: 14pt'>"We will not have a double-dip recession at all," he said. "I see business coming back almost across the board."</span>
Buffett told the assembly that American banks had become more open to lending again and he encouraged entrepreneurs to seek financing.
<span style='font-size: 14pt'>"It's night and day from a year, year and a half ago," he said, according to the Bloomberg report. "I know Wells Fargo, they would love to have $50 billion more of loans now. Go in and talk to the banker." </span>
</div></div>
Movie Preview Of Republican Reaction To Good Economic News!
Note: The Dems are in Red, the Repubs black!
/forums/images/%%GRAEMLIN_URL%%/laugh.gif
http://www.youtube.com/watch?v=0dNww4hyw5c