A Quote by Warren Buffett
I mean there is no capital requirements to it or anything of the sort. And basically, I said there were possibly financial weapons of mass destruction, and they had them. They destroyed AIG. They certainly contributed to the destruction of Bear Sterns and Lehman. Although Lehman had other problems, too.
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The threat of Saddam Hussein with weapons of mass destruction is real, but as I said, it is not new. It has been with us since the end of that war, and particularly in the last 4 years we know after Operation Desert Fox failed to force him to reaccept them, that he has continued to build those weapons. He has had a free hand for 4 years to reconstitute these weapons, allowing the world, during the interval, to lose the focus we had on weapons of mass destruction and the issue of proliferation.
Imagine a world in which you had Saddam Hussein, who had the capacity to make a weapon of mass destruction, who was paying suiciders to kill innocent life. Imagine what the world would be like with him in power. The idea is to try to help change the Middle East. Part of the reason we went into Iraq was we thought he had weapons of mass destruction. It turns out he didn't, but he had the capacity to make weapons of mass destruction.
Joblessness is a weapon of mass destruction. Poverty is a weapon of mass destruction. Hunger is a weapon of mass destruction. Poor health care is a weapon of mass destruction. Poor education is a weapon of mass destruction. Discrimination is a weapon of mass destruction. Let us abolish such weapons of mass destruction here at home.
If Lehman Brothers had been a bit more Lehman Sisters ... we would not have had the degree of tragedy that we had as a result of what happened.
Poverty is a weapon of mass destruction. Joblessness is a weapon of mass destruction, homelessness, a weapon of mass destruction... racism, a weapon of mass destruction, fear, a weapon of mass destruction. We must disarm these weapons and renew our commitment to quality public schools and dedicated teachers and good housing and quality health care and decent jobs and stronger neighborhoods.
When I left my job at Lehman Brothers to start a company, my best friend's mother said, 'How could you leave a sure thing like Lehman to do a silly carpool startup?' That was three months before Lehman went bankrupt.
Repeatedly and frankly we have announced that in Irans national security doctrine there is no room for atomic and chemical weapons as we consider them against Islamic laws. Irans Supreme Leader (Ayatollah Seyyed Ali Khamenei) in this connection had issued a decree that mass destruction weapons are prohibited by the Muslim religion. [. . .] Therefore we support the idea of a Middle East free from weapons of mass destruction[.]
Change of regime with respect to Iraq had nothing to do with this; it had everything to do with the fact that Iraq had weapons of mass destruction. And at the time change in regime as a policy came into effect in 1998, it was seen as the only way to compel Iraq to get rid of its weapons of mass destruction.
America has shown we are serious about removing the threat of weapons of mass destruction... We now know that Saddam Hussein had the capacity to produce weapons of mass destruction.... We know he had the necessary infrastructure because we found the labs and the dual-use facilities that could be used for these chemical and biological agents. We know that he was developing the delivery systems - ballistic missiles - that had been prohibited by the United Nations.
The subprime disaster was a result of financial bombs - derivatives - exploding in financial institutions such as AIG and Lehman Brothers, as well as banks and financial institutions throughout the world.
We have weapons of mass destruction we have to address here at home. Poverty is a weapon of mass destruction. Homelessness is a weapon of mass destruction. Unemployment is a weapon of mass destruction.
The French had an obvious financial interest in Iraq. That's been documented. They were involved financially in Iraq and in some cases, I think with weapons of mass destruction.
We believe, from everything we have been told by the intelligence community, by 12 years of history with Iraq, by the experience of the U.N. inspectors and by other intelligence agencies in other countries that Saddam Hussein had the intention to develop weapons of mass destruction and to have such weapons, and that was a sound judgment which I still believe to this day because he had had them in the past, he'd used them in the past.
If we are addressing the issue of weapons of mass destruction, we need to send a uniform, consistent message that there is zero tolerance to any country who is developing weapons of mass destruction, North Korea included.
Well, first of all, I have to say that Iraq has already used weapons of mass destruction against her own people and against Iranians during their long war, so we know that weapons of mass destruction are existent with the Iraqis.
The Iraqis are not threatened by the Turks or by the Iranians or by the Saudis and they tell me that these are not weapons of mass destruction, they are weapons of self-destruction.
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