Warren Buffett Says U.S. May Need 2nd Stimulus; Likens First to "Viagra" and "Candy" - Video 7/9/09

Freedom's Lighthouse ^ | July 9, 2009 | BrianinMO

[Federalist Patriot]

Here is video of a Good Morning America interview with billionaire Warren Buffett where he said he suspects the unemployment rate could hit 11%, but said he believed the United States will come out of this stronger than ever.

Buffett also said a second Stimulus Bill "very well may be needed," but hoped it would be more effective than the first Stimulus Bill which Buffett described as being like "a half a Viagra pill with candy mixed in." Buffett said we are no where near the end of this recession. . . . . (Watch Video)

[library user]

Buffett and Obama have a lot in common here. One needs Viagra and the other is a candy-ass excuse for a U.S. President.

[JoSixChip]

I just wonder how much warren stands to make off another pork filled package.

[DuncanWaring]

...said he believed the United States will come out of this stronger than ever.

With $20 or $30 TRILLION in debt?

"Yeah, right".

[Frantzie]

The Chrry Coke he drinks has affected his brain. He has a massive man crush on Hussein.

[E. Pluribus Unum]

What a lying SOB.

[WarEagle]

I don't think he lies, I think he has marginal contact with the real world and what happens to people like us. He's so used to being cow-towed to, being "the wizard of Omaha", and folks drooling over his every opinion (no matter how idiotic), that he cannot relate to our world. He's singular. Asking him for an opinion or a forecast is like asking Bill Gates to comment on the internals of Solaris - he hasn't a clue.

I also think he is a canting hypocrite for even stating his opinion that "we don't pay enough taxes". If he wants to pay more taxes voluntarily, nobody is stopping him. But since he has such marginal contact with reality he should pass on voicing opinions which will negatively effect the lives of people he cannot begin to understand.

However, he is very good at spotting opportunities and putting his mega-cash to work moving markets.

[mrmeyer]

That was the very first thing I thought of when I read the title.

[KC_Conspirator]

The U.S. unemployment rate, which currently stands at 9.5 percent, still "has a ways to go" before it peaks, he said. His own company, he said, had to lay off 500 people.

What a freakin' buffoon! Once he gets political and starts losing money because he bet on a loser, he suggests betting more on a loser?

Seriously, he does not run his company like that, so why run the country like that? He is laying off 500 people, so why does'nt he apply the same for government, such as suggesting laying off hundreds of democraps who they can't afford anymore.

Conversely, why does'nt Buffet suggest that his company do the same, just spend more?

Hyporcrite and buffoon.

[cranked]

Hey Warren, in case you have not heard, according to Barry, “the Stimulus has done its job” and as such, “there is nothing that we would have done differently.”

GTFO, moron....

[OB1kNOb]

Second Stimulus