Warren Buffett Tells CNBC Consumer Sales Remain "Very, Very Soft" (Barfer)

CNBC ^ | 7/9/2009 | Staff

[Red in Blue PA]

Warren Buffett tells CNBC that consumer sales by Berkshire Hathaway companies have remained "very, very soft" in recent weeks.

In a taped interview with our Julia Boorstin today (Thursday) at Herb Allen's Sun Valley media conference, Buffett says he'll know when things pick up because he gets constant "contemporaneous" updates on sales from his companies.

Buffett says the economy is in a very "tough period" right now.

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He says he continues to support President Obama "100 percent."

[devane617]

Becky wants ole Warren to plant a few seeds...

[allmost]

I need to scratch my butt. Who you gonna believe?

[YankeeReb]

For someone who’s such a brilliant investor, Buffet sounds like he’s drunk on Kool-Aid

[ottbmare]

He says he continues to support President Obama "100 percent."

I can certainly understand that. Obama's policies have worked so well to improve the economy. < /s>

What's it going to take, Warren?

[taxtruth]

If warren thinks we need another money bomb then he needs to supply the funds.Nothing like spending other peoples money so warren can still have a little playground in America to fleece at taxpayer expense.

[Le Chien Rouge]

Warren Buffett Tells CNBC Consumer Sales Remain “Very, Very Soft”

Excluding firearms and ammo of course....

[parsifal]

hear maybe there is a new initiative in the works to firm up the soft economy. the Very Important Act Guaranteeing Recovery ASAP.

parsy, who is intuitive

[taxtruth]

You mean warren buffets economy correct?

[omega4179]

Did Buffet explain if that is a leading or trailing indicator? real forecasters break it down into that. Check out the Schwab videos on the forecasts.

[kindred]

(He says he continues to support President Obama “100 percent.”)

Therefore making Warren as big a fool as any leftist delusional liar. It is amazing that he is a financier and he supports a president that is destroying our capitalist society which will cause him to lose his monies in due time. Corporations who align with the left deserve to go bankrupt because of their ignorant and arrogant stupidity.

[ottbmare]

You missed the < /s> sign.

[george76]

Another reason to avoid Fidelity

http://finance.yahoo.com/q/mh?s=BRK-A

[goodnesswins]

BIO..."Warren Edward Buffett was born on August 30, 1930 to his father Howard, a stockbroker-turned-Congressman. The only boy, he was the second of three children, and displayed an amazing aptitude for both money and business at a very early age. Acquaintances recount his uncanny ability to calculate columns of numbers off the top of his head - a feat Warren still amazes business colleagues with today."

Me thinks little Warren learned a lot from his "congressman father"....or....he's developing Alzheimers....

[BerniesFriend]

Tired of hearing from Warren..let's hear from his son Jimmy..

and his brother..

[taxtruth]

BTT!

[taxtruth]

He definitely got a heads up on how to milk the system at tax payer expense.

[kara2008]

(He says he continues to support President Obama “100 percent.”) Therefore making Warren as big a fool as any leftist delusional liar. It is amazing that he is a financier and he supports a president that is destroying our capitalist society which will cause him to lose his monies in due time. Corporations who align with the left deserve to go bankrupt because of their ignorant and arrogant stupidity.

I totally agree.

By saying he support's Zero 100%, he is saying he supports Communism and the destruction of the free markets.

Hey Warren you crazy old Communist butt kisser -- here's to you losing every red cent that you made because of the greatness of capitalism. You are an utter shame and disgrace.

[Daffynition]

Indeed it is soft .......let's knit a solution soon.

[stockpirate]

Warren Buffet is a socialist prostitute.