Warren Buffet: Obama’s Welfare Queen

The media is full of news about the (miniscule) “taper” that the Federal Reserve is doing. It is asking what will happen to the stock market. Yet this story appeared without any mention of Quantitative Easing or Federal Reserve stimulus. Warren Buffett gained more wealth than any other U.S. billionaire, adding $37 million a day, according to one study. Through Dec. 11, Buffett’s net worth—at least on paper—shot up by $12.7 billion to $59.1 billion in 2013 from $46.4 billion at the start Read more […]