Buffett on Gov. Christie, Capitalism

7:00 AM ET Mon, 27 Feb 2012

Responding to New Jersey governor Chris Christie's comment about sending in a check, Warren Buffett, Berkshire Hathaway chairman/CEO says "it is a touching response to $1.2 trillion deficit, that the American people will just send in checks and take care of it." Buffett says the American economy is resilient, adding, "this economy works wonderfully, and it is coming back from a terrible shock in the Fall of 2008 but look how far its come back."