It is my view that the historic drop in stock prices has provided an opportunity to buy great companies at good prices and not-yet-great companies at great prices..BRK.B
if you look at the nature of the debate, basically a version of shares assumptioassumptions, wh all do between now and the election to raise the temperature on both candidates? to avoid getting trapped in the belief that my, that s red sox yankees scenario, this is getting steroids out of baseball scenario. this is a league issue as opposed to a team issue and interested to hear from both of you as to who you would make that clear to both political candidates. jared? first of all, before i answer the question, let meay this is a little bit emotional because you and i go back to cnbc days and we ve covered a ton of ground together. good question. you got to go to the white house, so that s pretty good. that s true. but we don t know what your future holds. let s hope i don t get in there. look, i think the thing that s most clear to me coming off of your question is that austerity measures don t work. europe is a great natural experiment, but we re going to same thin
450,000 jobs. that s been one of the biggest problems in our economy, is all the layoffs happening at the state and local level. cops, firefighters and teachers all being laid off. those folks provide vital services. they protect us, they re teaching our kids. congress should pass a bill, like i ve asked them to do, to help states like nevada put americans, those americans who are doing outstanding service on the part of their communities, put those folks back on the job right now. that s something we can do. . number two. we know that the housing bubble burst. here in nevada, the construction industry got killed, right? so i told congress months ago, let s pass a bill to put hundreds of thousands of construction workers and contractors back to work rebuilding america. rebuilding roads and bridges and new schools for rising populations. that s good for the economy now, it s good for the economy later. there s no excuse for congress to just shrug his shoulder. let s get it don
people will watch it? so i can put anything up, like dylan ratigan talked to noah kass about the need to deal with the issue of cable news, et cetera, or we can put the breaking news banner up that says, this is breaking news, which this is dylan ratigan talking to noah kass about 24-hour news coverage. you were talking earlier about the fact you had gotten to the point where you took the television i recently removed the television from my home, and i feel like the ultimate advice that i give myself, and i m obviously grossly overexposed to information. the area of breaking news drowning in news. do you see that? our ratings just spiked, i must say. i can smell the money coming in the door now. dylan, the other point is we are under no obligation to lead every op-ed piece from the wall street journal to the village