where he stands calling on every u.s. citizen trained in firearms to fight tyranny. and he told organizers they re on the front lines. investors are watching and waiting to see what happens on wall street. the market opens with the dow at a record high after breaking 15,000 for the first time ever friday. is this a good time for reluctant buyers to jump into the market. abc s rebecca jarvis asked the oracle of omaha, warren buffett, himself in an exclusive interview. i don t know what the market will do next week, next month, next year. the economy has generally gotten better over the last four years. the stock market got very depressed. i wrote about it in late 2008. i said stocks are very cheap. they re not as cheap now. they don t look overpriced. they certainly look more attractive than, than, fixed income investments to me. but i have no idea what it will do next week, next month, next year. what about in your businesses
the stock market got very depressed, i wrote about it in late 2008, said stocks are very cheap. not as cheap now. summarizing his success, buffett says, always get more for your money than you pay. sounds simple enough. not always easy to do. new faces working on the aisles on american airlines planes, first time in 12 years, american hired new flight attendants since the 9/11 attacks. after offering early retirement last year, american announced 1,500 job openings. the response was overwhelming. 24,000 people applied. i do believe we got the very, very cream of the crop. i never dreamed that they would be hiring again. new flight attendants are spending 2 1/2 months in training before hitting the skies. those on the job are welcoming the newcomers because they can finally move up in seniority. always a good thing. since 9/11 that they hired flight attendants. they have got the merger in the works at the moment. they have announced an exit plan from bankruptcy based on th
newspaper delivery boys, and the warren buffett has bought regional newspapers, he believes they will give him a 10% corn return. what you see with the huge crowds is interesting. it was 1982 where they had the first meeting with just 15 people in a local cafeteria, and back then it was warren buffett and his vice chair charlie munger, 89 years old. they were best friend for decades. they disagree on certain things. we had a rare moment to get them to walk them disagree in a fox news exclusive right here at warn s building this morning and we watched as they discussed corporate taxes, they are on either side of this one. listen h. well, i think it s a disadvantage to have your tax rate less than the tax rate elsewhere in the world, and so i don t think we are in total control over our own tax rates, meaning i think we should i i
the market is great. high numbers. joe blow, joe main street, whatever you want to call him. you and me. we don t feel as confident as numbers on the wall street indicate we should. why do you suppose? you heard warren buffett saying the economy isn t moving at a rapid clip. i think the reason is really the fed. it is printing money effectively. interest rates are really low. people are looking for a return on their money. can t get that in the savings account. not much from government bonds. stocks are your best hope for a return. okay. linzie thank you for that perspective. talk about a free ride coming to an end for online shoppers making purchases without paying taxes. the senate expected to pass an internet tax bill and the measure would require retailers to collect sales tax and pass it to the state where the buyer lives. businesses with less than $1 million a year in out of state sales would be exempt. crews in the west have been battling all weekend to put out a series
billion in additional sales tax each year. the new york stock exchange is flirting with record highs, briefly climbing above 15,000 for the first time ever. how long will it last? no one knows for sure. cnn s poppy harlow spoke with one man who might have a more educated guess than most. hi, poppy. reporter: hi there, don. i talked to warren buffett at the berkshire hathaway annual shareholder meeting in omaha, nebraska, where tens of thousands of investors flock to hear from the oracle of omaha. he talked specifically about the stock market, given the record high we ve seen for stocks recently. does he think this market is overvalued right now? he said as a long-term investor, he doesn t look at what the market is going to do in a week, in a month or in a year. that s not what he focuses on. but he did note that given current fed policy, given these low interest rates we re seeing assets across the board being pushed up including stocks. now, we also talked about immigration and j