Sandhusker
Well-known member
Which actions done by which President?
don said:you might be the only person who doesn't know.
hypocritexposer said:Reader has done a good job of misleading with this title.
All through the article, and any others \i have read about this shareholders meeting, Buffet was speaking in the past tense.
Even a month and a half ago, he was saying the current administrations economic solutions were the wrong direction.
reader (the Second) said:Hypocrit is still holding grudges for criticisms (justified) that I made of some of the threads he started :lol: :lol: :lol: But he's stretching very far on this one. :roll: :roll:
The point is that someone who is smart about money has something positive to say about how the Obama administration is handling the economic crisis which they INHERITED.
Dispute it if you can but all you guys have done is go off on tangents about the tense of the shareholders meeting or about Buffet.
Sandhusker said:reader (the Second) said:Hypocrit is still holding grudges for criticisms (justified) that I made of some of the threads he started :lol: :lol: :lol: But he's stretching very far on this one. :roll: :roll:
The point is that someone who is smart about money has something positive to say about how the Obama administration is handling the economic crisis which they INHERITED.
Dispute it if you can but all you guys have done is go off on tangents about the tense of the shareholders meeting or about Buffet.
Nowhere in that quote is the Obama administration mentioned. He could very well be talking about the steps Bush took before leaving office in attacking the economic crisis the Democrats CREATED.
The point is that someone who is smart about money has something positive to say about how the Obama administration is handling the economic crisis which they INHERITED.
Reader, you didn't listen to Buffett's comments on Obama economics, back in March did you?
Dispute it if you can but all you guys have done is go off on tangents about the tense of the shareholders meeting or about Buffet.
That's a really good point, Van. Just shows more of the liberal's hypocrisy.VanC said:I find it odd that the super-rich are vilified by the left unless, like Buffet and Soros, they support Obama and his policies. Then they suddenly morph into someone to be respected and listened to. :roll:
Buffett Sees Massive Inflation to Handle Staggering Debt
The Congressional Budget Office predicts that government debt will peak around 54 percent of GDP in 2011.
But Buffett told CNBC Monday morning that the ratio could surpass 80 percent — unless there are significant spending cuts or tax increases.
“A country that continuously expands its debt as a percentage of GDP and raises much of the money abroad to finance that, at some point, it’s going to inflate its way out of the burden of that debt,” Buffett said.
Experience proves that, he points out.
“Every country that has denominated its debt in its own currency and has found itself with uncomfortable amounts of debt relative to the rest of the world, in the end they inflate,” Buffett explains.
“That becomes a tax on everybody,..."
Texan said:That's a really good point, Van. Just shows more of the liberal's hypocrisy.VanC said:I find it odd that the super-rich are vilified by the left unless, like Buffet and Soros, they support Obama and his policies. Then they suddenly morph into someone to be respected and listened to. :roll:
I also find it odd that the libs were ready to crucify President Bush when he wanted to let workers invest some of their FICA withholdings in the stock market. The libs were furious and didn't think that people should be allowed to do that with their own money if they wanted to. But now?
Now they get all giddy when the stock market goes up after Obama and Congressional Dems decide to invest trillions of dollars of embezzled taxpayer money into propping up big companies.
So...it's not okay if you want to invest your tax money in big successful companies. But it's okay to let Timmy invest your tax money in big failing companies. How 'bout those Dems? :lol:
The point is Reader, you thought you had found a tidbit of joy on how Obama is handling the economy. Buffett was talking about the Billions the fund made under Bush.
Supposedly the recession started about a year before Bush left office. Right OT?
Buffett was speaking about the fund's performance under the Bush administration's economic decisions.
The shareholders will have to wait until next May to see if the fund has performed as well under the Obama administration. Good luck to them.