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'This Week' Transcript: Warren Buffett, Powerhouse Roundtable

Warren Buffett is interviewed on 'This Week.'

ByABC News
May 4, 2013, 3:01 PM

NEW YORK, May 5, 2013— -- A rush transcript of "This Week with George Stephanopoulos" airing on Sunday morning, May 5, 2013 on ABC News is below. This copy may not be in its final form and may be updated.

STEPHANOPOULOS: Good morning, and welcome to This Week. 100 days...


OBAMA: Maybe I should just pack up and go home?


STEPHANOPOULOS: ...the president faces tough questions.


OBAMA: The rumors of my demise may be a little exaggerated.


STEPHANOPOULOS: How does he fight the lame duck label? Is the problem presidential leadership, or congressional obstruction? Can Washington get anything done now? Then...


BUFFET: Here we go! Warren is in the house!



STEPHANOPOULOS: The oracle of Omaha. As the Dow nears 15,000, the world's best investor is here in a This Week exclusive. James Carville and Mary Matalin join our Powerhouse Roundtable. Jason Collins makes history.


STEPHANOPOULOS: You always knew you were gay?

COLLINS: You know that the sky is blue, but you keep telling yourself that it's red.


STEPHANOPOULOS: And Whoopi Goldberg shines in our Sunday Spotlight.

ANNOUNCER: From ABC News, This Week with George Stephanopoulos. Reporting from ABC News Headquarters, George Stephanopoulos.

STEPHANOPOULOS: Hello again, a packed show this Sunday morning. And we begin with breaking news from the Middle East. For the second day in a row, Israeli warplanes have hit Syria, a series of large explosions in Damascus. ABC's Alex Marquardt has the latest from Jerusalem. And Alex, I know the Israeli's aren't saying much, but the target apparently Iranian missiles that could be used to target Israel?

MARQUARDT: Good morning, George. That is reportedly one of the targets. Israeli officials, as you say, really aren't saying anything. Which of course, is pretty much standard operating procedure after an operation like this. Just moments ago, Syria said that Israel struck three military targets inside Syria, including an airport, and what we believe is an arms depot on a mountain that overlooks Damascus. Now if confirmed by Israel, this would be the second set of airstrikes inside Syria in the past few days, really just in the past 48 hours.

On the night from Thursday into Friday, Israel is believed to have targeted a shipment of long-range Iranian-made, ground-to-ground missiles bound for the Lebanese militant group Hezbollah. Now, Syria has just released a statement accusing Israel of collaborating with, what they call the al-Qaeda linked group Jabhat al-Nusra. They say, quote that "Israel aims go give direct military support to terrorist groups." Now, Israel has long warned that they will not allow advanced weaponry, specifically chemical weapons from ending up in the hands of its enemies, and that's what appears to be happening here.