View Single Post
Old 05-03-2009, 12:07 PM   #21
revefsreleets
Living Legend
 
revefsreleets's Avatar
 

Join Date: Apr 2007
Location: Akron, Ohio Home of LeBron James
Posts: 15,403
Gender: Male
Member Number: 5353
Thanks: 0
Thanked 0 Times in 0 Posts
Default Re: now is time to PANIC! uber capitalist Warren Buffett....

I don't understand. Isn't it Buffet's job to be a cheerleader for the economy to get better pretty much no matter what? If Warren Buffet comes out and says that the new giant government welfare bill is bad, there will be a giant knee-jerk reaction and Wall Street contraction that will hurt him in the near AND long term.

I'm actually glad he's doing his part to help turn things around, but that's really all it is: He's allaying people's fears and spreading some good news amongst consumers and investors in hopes of thing rallying sooner rather than later...
__________________
Official Steelersfever Arians Nuthugger
revefsreleets is offline   Reply With Quote