Buffett called Squawk Box today :
http://www.gurufocus.com/news.php?id=73378
"America must grow and prosper for railroads to do well."
"All in bet on the economic future of the United States."
"Business has not bounced very much yet. It will but it hasn't yet. Residential real estate has improved. We haven't been building as many houses so exces inventories have been worked off. Commercial real estate is another story."
"To finance BNI 34 Billion deal : 16 billion cash of which borrowing 8 billion from banks. Won't be making any huge deals for awhile."
"Last September when Bernanke and Paulson steped in to guarantee money markets we were right on the brink and things and the system have been changed in material ways now".
"Loves pay for performance".
"America is about business and business and greatness go hand in hands and business will always be important to America".
"Newspapers have a terrible future".
"This country will solve it's problems". "I remember back in the early 80's we thought Germany and Japan were going to eat our lunch and we thought we were all going to be working at Mcdonalds and cutting each others hair to keep busy but we have added tens of millions of jobs since then". "12% of US GDP is going to exports and 35 years ago only 5% was so we are making things the world wants".
All aboard
