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Tuesday, November 10, 2026
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Warren Buffet Will Bring His A-game Next Time

Posted on August 5, 2010 by Caleb Newquist

“It was a very soft sell, but 40 signed up.”

~ The Oracle of O probably didn’t even mention the fact that the estate tax will eventually come back.

Posted in Quote of the DayTagged Rich people, Warren Buffet

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A Meaningless Win for Free Enterprise Fund and Beckstead and Watts

  • Caleb Newquist
  • June 30, 2010

“Beckstead and Watts, LLP, and the Free Enterprise won, but there is no prize for them.”

~ Professor David Albrecht (guest posting at JDA), pointing out that despite a victory, the petitioners basically get jack squat.

  • Quote of the Day

Congress: Come Hell, High Water or Spiteful Democrats, We’ll Patch the AMT in the Lame Duck Session

  • Caleb Newquist
  • November 10, 2010

“We plan to do everything possible to enact AMT relief legislation in a form mutually agreeable to the Congress and the president. We urge the Internal Revenue Service to take all steps necessary to plan for changes that would be made by the legislation.”

~ One of those “letters” that legislators write to bureaucrats as a form of grandstanding. This particular letter was from Max Baucus, Chuck Grassley, Sandy Levin and Dave Camp to Doug Shulman

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FASB Fair Value Proposal Brings the Hate

  • Caleb Newquist
  • June 17, 2010

“In my mind you are largely responsible for the market collapse in 2007, 2008, 2009.”

~ John Sherman, in a public comment on the FASB’s proposed fair value rule, most of which are really, really, really not nice.

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