Day: April 21, 2005

Beer: The Cause of, and Solution to, All of Life’s Problems

It turns out I have at least two things in common with Warren Buffett, the shrewd billionaire. We’ve both disliked Bush for some time, and now it seems that we’ve both been investing in beer in this lousy economy. Of course, my investment has been a pint at a time, while Buffett “has become a significant shareholder” in Anheuser-Busch. In my role as a trustee for the American Socialist Foundation, I’ve recently been focusing a lot of attention on some of the inherent weaknesses in the US economy. In our quest to responsibly invest a $100,000 bequest, ASF Chair Barbara Garson and I have been meeting with economists and investment advisors to pick the safest strategy. The outlook is bleak. Bush’s huge deficits, these stupid wars, the declining dollar and oil uncertainty all point to an economic crash. It could be tomorrow, it could be five years from now. We’re […]