THE WORLD LISTENS...
Yesterday billionaire Warren Buffett told CNBC that he remains confident that America's best days are ahead... (WHEW!!!! Finally some good news!!!!)
"This machine is gummed up right now and it's gummed up by a lack of confidence, and that makes people scared... Everything will be all right. We do have the greatest economic machine that man has ever created, I believe," Buffett said.
He did say that we will feel more pain but also said that this is a necessary correction. CNBC has posted the complete transcript of his three hour interview as well as all the videoclips.
Click here for the highlights and a 3 minute video outlining Mr Buffetts thoughts and comments.
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