Warren Buffett And Newspapers:Infatuation Or Cold Calculation?

“For most newspapers in the United states,we would not buy them at any price,” -Warren Buffett in 2009.

“I’ve loved newspapers all my life — and always will…. Berkshire will probably purchase more papers in the next few years.” -Warren Buffett in 2012.

Buffett’s Berkshire To Buy Media General Papers

Billionaire Warren Buffett’s company is making its largest foray into newspapers yet,agreeing to buy 63 papers from Media General Inc.

Richmond,Va.-based Media General says the $142 million deal includes the Richmond Times-Dispatch and the Winston-Salem Journal. The company is selling all its papers except [...]

Obama’s Bad Businessmen

A slew of left-wing business moguls are on the skids thanks to poor investment decisions,questionable judgment,and accusations of bribery and cronyism.

Warren Buffett has lent his star power and his surname to President Barack Obama’s push for higher taxes,but his firm and its [...]

Obama’s Downgrade May Last Until 2029

Ben Johnson,The White House Watch

Obama scored another historical first on Friday,becoming the first president to see the U.S. credit rating downgraded by Standard &Poor’s,from AAA to AA+. While we hope his presidential reign lasts no longer than January 2013,Americans may have to live with the consequences of Obamanomics [...]

Obama is the Charlie Sheen of Debt Addiction

Floyd and Mary Beth Brown,FloydReports.com

Watching Charlie Sheen’s outbursts is a great entertainment for Americans. Here is a guy who has it all —fame,fortune,a great career —and it is all crashing in on him because of addiction.

We all know that Charlie Sheen is one 911 call from the [...]