Buffet just glossed over that.
most of the interview has been Buffet in “rescue obama” mode.
Buffet has been delusionally pro obama.
Buffet holds a lot of municipal bonds he needs to be bailed out on... Especially in California...
Correct. There is a disconnect between what he is saying about the efficacies of 0bama's policies (none) and his general support for 0bama.
It could be delusion on the part of the old coot. But I think it is intellectual dishonesty. Buffet railed several times against corporate dishonesty, and then lied his ass off when the topic was 0bama.
“Buffet has been delusionally pro obama.”
Just speculating, but I doubt buffett is prone to rapturous adulation when it comes to politicians. He could not have survived at his level as long as he has if he were.
Following this assumption, I conclude it means he thinks the interests that are presumed to be running the current administration are in his best interests as well.
His interests are not our interests. Billionaires are functionally as powerful as small nation-states, and have little in common with us.
Buffett said that both Republicans and Demos should support Obama. Since it’s rather obvious that Congressional Demos are on the same page as Obama, what Buffett really means is this: Republicans should cave in and do whatever Obama wants.
To the contrary, Republicans should grow a backbone and oppose Obama’s socialism.