Posted on 03/09/2009 10:41:58 AM PDT by pissant
After saying the economy has “fallen off a cliff,” legendary investor Warren Buffett this morning rapped political leaders for not being united enough in dealing with what he called an “economic Pearl Harbor” about six months ago.
Buffett, who supported Barack Obama in the election, didn’t let Democrats skate, but he particularly singled out the GOP.
“They really do have an obligation to support things that are clearly designed to fight the war in a big way,” Buffett said on CNBC’s “Squawk Box” this morning.
“I think that the Republicans have an obligation to recognize this as an economic war and realize you need one leader,” he said in a pitch for leaders to unite the way they did after Pearl Harbor.
But he also said he understood why the GOP might gripe, since the Democrats have been using the crisis to push all sorts of things.
“You can’t expect people to unite behind you if you’re trying to jam a bunch of things down their throat,” Buffett said.
The Oracle of Omaha also hasn’t been entirely impressed with the way the White House and Congress have been explaining the huge problems to America.
“We’ve had muddled messages,” he said.
Nevertheless, he echoed President Obama’s position that government has a huge role to play in getting the economy working again, which Buffet said could take five years if things go poorly.
“Government is going to play an enormous factor in how fast it (confidence) comes back,” Buffett said.
The interview is here (skip to about 6 minutes in if you don’t care about the Merck-Schering merger):
(Excerpt) Read more at nydailynews.com ...
I've got a better idea - 0bama and his thugs should unite behind The Country, instead of trying to destroy it.
I think perhaps that Buffet has completely lost his marbles. I wonder, seriously, if this crisis has caused him to go just a little bit insane. It must have been a pretty good ‘ouch’ when Bill Gates sold all his Berkshire Hathaway stock.
Dear Warren: No thanks and fvck off.
Not to sound like some crazy conspiratorial (no matter how much they seem to make good senes) but Warren Buffet is one of the power elite who is going to be living high and mighty no matter what happens. Besides, socialism and communism are great systems for the 1% in charge. Granted, it’s kind of lousy for the other 99% but the power elite and the MSM and our politicians have never cared about them in the first place.
Uh, yeah RIGHT! It will be a cold day in hell!
If I were Jimmy Buffett, this would give me plenty of song-writing material ;)
Yes, this is an economic war - that capitalism is trying to defend itself from those who wish to sweep this nation into marxism/communism. And, no, conservatives should not unite behind Obamaisia. Instead, we should unite against this attack against the free market. Buffet should stick to making money and stay out of the political arena.
You speak Latin?
ESAD Warren
But his tunes are great!
Some of the great ones:
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1 A Love Song
2 A Pirate Looks at Forty
3 Another Saturday Night
4 Banana Republics
5 Beyond The End
6 Boat Drinks
7 Brown Eyed Girl
8 Changes in Latitudes, Changes in Attitudes
9 Cheeseburger in Paradise
10 Christmas in The Caribbean
11 Coconut Telegraph
12 Come Monday
13 Cuban Crime of Passion
14 Delaney Talks to Statues
15 Fins
16 Fruitcakes
17 God’s Own Drunk
18 Grapefruit-juicy Fruit
19 Growing Older but Not Up
20 Gypsies in The Palace
21 Havana Daydreamin’
22 He Went to Paris
23 I Don’t Know & I Don’t Care
24 If The Phone Doesn’t Ring It’s Me
25 Jamaica Farewell
26 Jolly Mon Sing
27 Last Mango in Paris
28 Little Miss Magic
29 Love & Luck
30 Manana
31 Margaritaville
32 Math Suks
33 Mele Kalikimaka
34 Mexico
35 Middle of The Night
36 Migration
37 Miss You So Badly
38 My Head Hurts, My Feet Stink, & I Don’t Love Jesus
39 One Particular Harbour
40 Peanut Butter Conspiracy
41 Pencil Thin Mustache
42 Pirate Looks at Forty
43 Something So Feminine About a Mandolin
44 Son of a Son of a Sailor
45 Stars Fell on Alabama
46 The Weather is Here, Wish You Were Beautiful
47 The Wino & I Know
48 Tin Cup Chalice
49 Trying to Reason With Hurricane Season
50 Volcano
51 We Are The People Our Parents Warned Us About
52 Why Don’t We Get Drunk
53 Wonder Why We Ever Go Home
If this is a Pearl Harbor, why are we being asked to support the president who wishes to arm us with pointy sticks? His economic “policy” (if it can be called that) consists of outmoded tax & spend policies that have been proven to NOT WORK.
Mr Buffet,
that cliff the economy went over
.......... jump !
Buffet also thought Californians were undertaxed - what an idiot
This is the 'hope and change' Mr. Buffett voted for.
Why, so we can follow the economy off the cliff?
Maybe if he squeals like a pig.
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