Buffett: GOP Should Unite Behind Obama

NY Daily News ^ | 3/9/09 | staff

[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):

[BenLurkin]

Buffet is a smart guy — he plans to make money off his investment in GE once it gets those preferred government contracts Immelt has been lobbying for.

[pissant]

Ahnuld listened to him too, apparently

[mylife]

Mylife to Buffet: STFU

[buffyt]

Then the DNC SHOULD have united behind GW BUSH!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[Mr. Mojo]

“I think that the Republicans have an obligation to recognize this as an economic war"

Indeed it is -- the marxists vs. the capitalits. Alas, the commie scum are winning big...

[Philo-Junius]

In the middle of a REAL war, I don’t remember Buffet at any time coming forward to say Democrats had to back the President.

Shameless hypocrite—but we already knew he was a sociopath.

[RushIsMyTeddyBear]

Damn straight!

[Danae]

Not buying it Buffet.

[PBRSTREETGANG]

The "Oracle of Omaha" has become the "Orifice of Obama".

[colorado tanker]

Buffett doesn't want to admit he backed an economic idiot who is tanking the economy while ramming his radical agenda down the country's throat.

[Kansas58]

Rush made some good points on this.

Buffet says Obama should make the economy his first priority, and that Obama was wrong to “take advantage of a crisis” and that Obama should not be making Cap and Trade and Health Care the major issues.

So, just what in the heck does Buffet want us to support?

[dforest]

Yeah, he could write a song like “Wasted Away In Margaritaville”.

LOL

[mkjessup]

So do you think Soros invited Buffett to his leftist circle jerk, or did Buffett beg to get in?

[WellyP]

“Not a lawyer, a thieve or a banker”, great words, Jimmy!

[Zuben Elgenubi]

I suggest the Feds nationalize Berkshire Hathaway. Then let’s see what the olde sagebrush from Omaha has to say.

[linn37]

When President Obama does something right I will gladly support him. Otherwise tough Sh*t.

[Lucky9teen]

GOP Should Unite Behind and Oust Obama

There, that is the ONLY way I'll get behind the GOP when it comes to Obama...

[pissant]

At least he seems to be sniffing O’s orifices.

[chuck_the_tv_out]

"“economic Pearl Harbor” about six months ago"

He's talking about the 0.5 trillion electronic run on the banks.

Everywhere is burying the lede.

It's not "this is an economic Pearl Harbor", that wouldn't make any sense. Buffett is saying the run on the banks was an attack, warfare.

That is darn big news.

[Frantzie]

Buffett is a Democrat who was drooling all over Obama before the election. He can go to hell.