Warren Buffett: Soak The Rich!

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Buffett, a Playbook reader, said in an interview after the event: “The biggest thing you have going for the American economy, actually, is the regenerative capacity of American capitalism, and that doesn’t happen overnight. I mean, this country had a huge, huge wound … It takes time for wounds to heal, regardless of how good the care is.”

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Buffett, on Obama: “I’d vote for him all over again. … I think he’s got the same vision about America I do. … I think he has the same social goals, very much, that I do.”

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Buffett, on extending the Bush tax cuts: “I think it’s almost a cinch that they will be extended for the people — I don’t know if it’ll be exactly [making less than] $250,000, or whatever the number may be, in the end. But I do not that there’s going to be, effectively, a tax increase for people up and down the line. I think there should be tax increases for people in the high income levels.”