Warren Buffett to CNBC: U.S. Economy In "Shambles" .. No Signs of Recovery Yet

CNBC ^ | 6/24/09 | moose2004

[TornadoAlley3]

http://news.google.com/news?um=1&ned=us&hl=en&q=layoff&cf=all
layoffs

[hosepipe]

Buffet voted for and expects a Marxist to fix repair or even advance our economy..
What else is Buffet ignorant about?..

[Centurion2000]

This is not good news for those who think they see green shoots.

Been saying that all along .. these aren't green shoots. They're weeds ... and this has been one giant sucker's rally in East Vegas (NYSE).

[waxer1]

Any more news on the two japanese men who tried to smuggle 135 billion dollars in bearer bonds into swizerland?

[ozzymandus]

Buffett is a parasite who supported Obama. I hope he dies broke.

[Frantzie]

Warren Buffet is a Dem piece of garbage. He LOVES Obama and the Dem 2006 & 2008 Congress. Poor farm boy from Nebraska - BS. His old man was a Republican Senator in that same house of whores the U.S. Senate. He is a very sophisticated insurance arbitrager not some folksy old stock picker.

[norraad]

. . .and quickly becoming a goofy ol’fart up the creek w/o a paddle.

[moose2004]

For an Obama supporter with the influence he has I was amazed to hear him say so many incredibly negative things about the current state of the economy, I’d be surprised if the WH was happy about this.

[Niteranger68]

Old WB is proof that wealth and intelligence are not synonymous.

[Kartographer]

[TADSLOS]

Yep. Buffett can shove it up his oracle.

[xtinct]

not to fret, Obambi and the crew are going on vacation for two weeks the end of August --> Martha's Vineyard

And, he's still acting like one of the girls by going out to hamburger joints and ice cream huts with Biden...

meanwhile back at the ranch... N. Korea is threatening to blast Hawaii off the map... Iranians are slaughtering Iranians in the street...

It could be me but I'm slightly tense about Hawaii, the economy, the fact that Obambi said nothing about the troops in Iran or Afghanistan in his teleprompted and scripted diatrobe yesterday... ramblin... :o)

[moose2004]

“Iranians are slaughtering Iranians in the street...”

And Obama only ratcheted up his rhetoric after his poll numbers started to drop and that poor girl was killed. Coward.

[Friend_from_the_Frozen_North]

"Warren Buffett says there has been little progress over the past few months in the 'economic war' being fought by the country..."

It occurs to me that those who are "super wealthy" (like Jimmy Buffet) tend to thrive on the financial misfortunes of others. For him, it is a matter of "buying low (now)..." in order to "sell high (later)".

It could just be that Jimmy Buffet's endorsement of Barack Hussein Obama was a deliberate politically calculated decision in order to make more money when the economy "tanks"...

[SkyPilot]

Buffet knows how to make money, but he seems to have the wisdom of Katie Couric.

He voted for Obama - and there goes his credibility right there.

[moose2004]

Very interesting point.