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alstry (34.92)

Buffett Speaks with Common Sense!!!!!!!!!!!!!!!!!!!!!!!!

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July 09, 2009 – Comments (3)

http://abcnews.go.com/video/playerIndex?id=8039910

3 Comments – Post Your Own

#1) On July 09, 2009 at 2:36 PM, alstry (34.92) wrote:

http://abcnews.go.com/video/playerIndex?id=8039910

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#2) On July 09, 2009 at 3:51 PM, lquadland10 (< 20) wrote:

You are so right. After all he is a CFR member just like the news media. Just listen to GS to see where the next bubble is because they are after all running the country by putting their old workers in to the FED and Treasury. Welcome to the United States of GS. Read artical in the Rolling Stone Magazine. It is soooooooooooo good.

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#3) On July 09, 2009 at 5:43 PM, AdirondackFund (< 20) wrote:

Nice clip Alstry.  I like Warren Buffet, most people do.  His frankness here is very refreshing and I think he is being absolutely plain vanilla about what he sees, which is what is called for right now.  We need more of this.  I thought the Vice President set the tone in a way which was also frank and direct.  Perhaps Obama didn't like the Politic of what Biden said, but Buffet seemed to pick up the gauntlet for the Vice President, as if to say, no wait a minute, we had some layoffs too, about 12 %.  So, his businesses are feeling a contraction right along with the general economy.  I applaud Mr. Buffet for sharing his view truthfully. 

We get out of this thing by being honest, direct and frank about what is occurring and how to fix it.  There really is no other known way.  It does take courage though and character. 

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