Democrat and Republican Parties are Both ‘Full of Idiots’: Charlie Munger

Berkshire Hathaway Vice President Charlie Munger launched a scathing bipartisan attack on the American political establishment, citing both parties, Democrat and Republican, as having fringe wings that are “full of idiots.” Buffett Wingman Blames ‘Ideological Nuttiness’ for the State of D.C. In a recent interview, Munger blamed the economic crisis of the past decade on unfettered capitalism and market deregulation – a policy driven by Republicans – while also hinting that the new wave of radical Democrats led by Alexandria Ocasio-Cortez is no less crackpot. The 95-year-old Munger rarely shies away from offering his opinion on economic and political matters,

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