Warren Buffett on U.S. Housing, Employment, Economy

July 8 (Bloomberg) -- Warren Buffett, chief executive officer of Berkshire Hathaway Inc., talks about the outlook for the U.S. housing market and employment. Buffett, speaking with Betty Liu on Bloomberg Television's "In the Loop," also discusses President Barack Obama's policies and continued negotiations on a U.S. deficit plan. The speak from the Allen & Co. conference in Sun Valley, Idaho. (This is an excerpt of the full interview. Source: Bloomberg)