Or, just throwing this out here, Warren Buffet could be making comments beyond his area of expertise. He might be telling us what he believes because of his ideological background and not because of any deeper understanding of general economics.

Being very good at one very specific subject doesn't necessarily mean you're an expert in everything.

Capitalist1: Being very good at one very specific subject doesn't necessarily mean you're an expert in everything.

You know what? You're right, random guy on the internet.

James F. Campbell: Capitalist1: Being very good at one very specific subject doesn't necessarily mean you're an expert in everything.

You know what? You're right, random guy on the internet.

just throwing this out here, Capatalist1 is definitely making comments beyond his area of expertise. He is be telling us what he believes because of his ideological background and not because of any deeper understanding of general economics.

Mordant: just throwing this out here, Capatalist1 is definitely making comments beyond his area of expertise. He is be telling us what he believes because of his ideological background and not because of any deeper understanding of general economics.

Stop confusing me. Now I don't know who to believe!! Everyone seems so credible.

Fark Buffett, I wanna hear what the experts have to say

Lionel Mandrake: Fark Buffett, I wanna hear what the experts have to say

I get the feeling that experts will really be getting a kick out of most of these replies.

Ah, his many years in public office have given him such a gifted point of view.

Lionel Mandrake: Fark Buffett, I wanna hear what the experts have to say

This is more or less what we're all feeling.

RobertBruce: Ah, his many years in public office have given him such a gifted point of view.

You mean like all those cumulative years in public service that the pundits and red-faced 'experts' lay claim to? And isn't a common theme amongst talk radio hosts that none of these politicians have ever run a successful company? Meh, I don't know enough about economics to give any stock to Buffet's opinion. But it is certainly more comforting at face value than most.

Capitalist1: Hi, I want to scare everyone and make everyone listen to me, especially when I can't prove anything

Hey, I fixed that for you. You shouldn't be lying like that.

clueless teabaggers

Irregardless of Buffetts expertise, those two words are chock full of truth.

Capitalist1: Or, just throwing this out here, Warren Buffet could be making comments beyond his area of expertise. He might be telling us what he believes because of his ideological background and not because of any deeper understanding of general economics.

Dinki: clueless teabaggers

Irregardless of Buffetts expertise, those two words are chock full of truth.



"irregardless?"

Lionel Mandrake: Fark Buffett, I wanna hear what the experts have to say

Again? http://www.fark.com/cgi/comments.pl?IDLink=4364424

I don't disagree.
I don't have to LIKE the course of action.
But... I do accept that it is currently the best course that has been put forward.

Granted there have been a few moments that have been facepalm worth, they are relatively minor overall.

I dare say old Warren has the years, the experience, AND the track record of success to debate ANYONE on topics relating to macroeconomics. As for you, while he was taking a dump this morning he discarded six ideas better than any you'll have all year.

Capitalist1: Or, just throwing this out here, Warren Buffet could be making comments beyond his area of expertise. He might be telling us what he believes because of his ideological background and not because of any deeper understanding of general economics.

Being very good at one very specific subject doesn't necessarily mean you're an expert in everything.

Of course, being that he's VERY GOOD AT MAKING MONEY, he might be someone to listen to, since knowing how to make money at the level Buffett does requires a deep understanding of general global economics.

But don't let the facts get in the way of your ideology.

A man who has more money than god invested in troubled assets is happy the government is going to spend my money to help him out? What a surprise.

Dinki: clueless teabaggers

Irregardless of Buffetts expertise, those two words are chock full of truth.

Really, Warren Buffett? The Warren Buffett who lost $11 billion in the last year? Or the Warren Buffett who endorsed and held fundraisers for Obama? I'm really shocked.

therhinodep: Really, Warren Buffett? The Warren Buffett who lost $11 billion in the last year? Or the Warren Buffett who endorsed and held fundraisers for Obama? I'm really shocked.

No duh, Warren Buffet is the guy who wrote margaritaville

Capitalist1: Warren Buffet could be making comments beyond his area of expertise. He might be telling us what he believes because of his ideological background and not because of any deeper understanding of general economics.

You're absolutely right.

One of the richest men on earth clearly has no "deeper understanding of general economics." How can we ever thank you?

OgreMagi: A man who has more money than god invested in troubled assets is happy the government is going to spend my money to help him out? What a surprise.

Basically what I was going to say: If he likes the plan so much, why doesn't he volunteer to pay for it.

He doesn't have access to the endless coffers of the printing press and taxation.

Why should we listen to the guy who sang Margaritaville?

Silovik: therhinodep: Really, Warren Buffett? The Warren Buffett who lost $11 billion in the last year? Or the Warren Buffett who endorsed and held fundraisers for Obama? I'm really shocked.

No duh, Warren Buffet is the guy who wrote margaritaville

No, that was Warren Cromartie.

Duh.

therhinodep: Really, Warren Buffett? The Warren Buffett who lost $11 billion in the last year? Or the Warren Buffett who endorsed and held fundraisers for Obama? I'm really shocked.

Yeah, I'm sure he's absolutely devastated at the prospect of another huge bear market for him to pick up cheap shares of stocks.

He's also said get ready for inflation.

/quickest way for a government to reduce debt.

therhinodep: Really, Warren Buffett? The Warren Buffett who lost $11 billion in the last year? Or the Warren Buffett who endorsed and held fundraisers for Obama? I'm really shocked.

Wow, thanks for setting me straight! Anymore nuggets of wisdom you'd care to lay on the forum? I'm sure we'd all appreciate it.

/Buffet could lost 99.99% of his wealth and still have more than you, btw

Tor_Eckman: No, that was Warren Cromartie John Henry.

/peave

"Expertise in one field does not carry over into other fields. But experts often think so. The narrower their field of knowledge the more likely they are to think so."

--R.A.H.

sonnyboy11: therhinodep: Really, Warren Buffett? The Warren Buffett who lost $11 billion in the last year? Or the Warren Buffett who endorsed and held fundraisers for Obama? I'm really shocked.

Wow, thanks for setting me straight! Anymore nuggets of wisdom you'd care to lay on the forum? I'm sure we'd all appreciate it.

/Buffet could lost 99.99% of his wealth and still have more than you, btw

He could sell a single share of Berkshire-Hathaway stock and have more than most of us here.

therhinodep: Really, Warren Buffett? The Warren Buffett who lost $11 billion in the last year? Or the Warren Buffett who endorsed and held fundraisers for Obama? I'm really shocked.

Booming economy is in Buffet's best interest (his company's companies worth more, etc), so naturally he'd A) want to get out of the pointless war in Iraq that is doing zilch for the economy by supporting not-McCain, and B) want the government to do the best thing to get out of this clusterfark of a recession.

Anyone saying "hurr durr, he's just happy they're giving him money" is incredibly shortsighted. If you truly believe that giving corporations money is doing nothing to help the economy, then it would just mean Buffet would lose money in the end, and as he plays this game on a daily basis, he knows this. If it were a bad option, he'd say it, people would be pissed, and the government would change it's course so fast Obama would get whiplash.

Until you have a company whose sole purpose is buying and selling other companies, and it's worth untold sums of money, you really have no position to disagree with him.

He said last fall that the U.S. was facing an "economic Pearl Harbor."

Hmm...wasn't there a document by a group containing a bunch of people now in the Obama administration about how they would need 'a new Pearl Harbour' to implement a bunch of extreme policies?

pnjunction: He said last fall that the U.S. was facing an "economic Pearl Harbor."

Hmm...wasn't there a document by a group containing a bunch of people now in the Obama administration about how they would need 'a new Pearl Harbour' to implement a bunch of extreme policies?

No but the new administration repeatedly ignored the memo "AIG determined to strike in US"

pnjunction: He said last fall that the U.S. was facing an "economic Pearl Harbor."

Hmm...wasn't there a document by a group containing a bunch of people now in the Obama administration about how they would need 'a new Pearl Harbour' to implement a bunch of extreme policies?

I've heard that language attributed to the Project for a New American Century for years now, which is a neoconservative group, not liberal.

Lord knows we are paying enough for the 'recovery'.


If you throw money in the alley, it will draw in rats.

Watch how much money disappears in fraud and waste....and Joe Biden will never see it....

This must be difficult for the Right. For years they've held it sacred that rich people are better, wiser and more deserving than the rest of us, even if they only inherited their wealth, and we must all obey and serve them. Now here comes one of the wealthiest people in the world, who made his own fortune, and yet somehow he's a treasonous Socialist, and probably a Muslin terrorist as well.

What's Wingnut to do?

Hender: pnjunction: He said last fall that the U.S. was facing an "economic Pearl Harbor."

Hmm...wasn't there a document by a group containing a bunch of people now in the Obama administration about how they would need 'a new Pearl Harbour' to implement a bunch of extreme policies?

I've heard that language attributed to the Project for a New American Century for years now, which is a neoconservative group, not liberal.

Hmm...I must be mistaken, and here I thought a bunch of people in his administration already have had a drastic and dubious policy shift in mind for years and just needed a crisis to justify it.

I just want to be sure I've got this right before I bust a gut laughing. Conservatives are saying Warren Buffet's opinion on financial matters isn't relevant or worth listening to? Warren Buffet? One of the richest men in the world, and one who made his own fortune?

Good lord.

Argh2: What's Wingnut to do?

Yell about socialism and spending in an attempt to unseat Democrats in red states?

pnjunction: Hender: pnjunction: He said last fall that the U.S. was facing an "economic Pearl Harbor."

Hmm...wasn't there a document by a group containing a bunch of people now in the Obama administration about how they would need 'a new Pearl Harbour' to implement a bunch of extreme policies?

I've heard that language attributed to the Project for a New American Century for years now, which is a neoconservative group, not liberal.

Hmm...I must be mistaken, and here I thought a bunch of people in his administration already have had a drastic and dubious policy shift in mind for years and just needed a crisis to justify it.

That may be true, but that's exactly what happened with PNAC and 9/11.

whidbey: pnjunction: He said last fall that the U.S. was facing an "economic Pearl Harbor."

Hmm...wasn't there a document by a group containing a bunch of people now in the Obama administration about how they would need 'a new Pearl Harbour' to implement a bunch of extreme policies?

No but the new administration repeatedly ignored the memo "AIG determined to strike in US"

"He's too big."

/Never question the wisdom of Commissioner Gordon.

pnjunction: Hmm...I must be mistaken, and here I thought a bunch of people in his administration already have had a drastic and dubious policy shift in mind for years and just needed a crisis to justify it.

And you need a citation.

Nothing's more annoying than trying to copypasta Bush-era fascism into what the new administration is supposedly "doing."

Oh the butthurt.

Hender

Let me save you some time dealing with pnjunction.

Hender: pnjunction: Hender: pnjunction: He said last fall that the U.S. was facing an "economic Pearl Harbor."

Hmm...wasn't there a document by a group containing a bunch of people now in the Obama administration about how they would need 'a new Pearl Harbour' to implement a bunch of extreme policies?

I've heard that language attributed to the Project for a New American Century for years now, which is a neoconservative group, not liberal.

Hmm...I must be mistaken, and here I thought a bunch of people in his administration already have had a drastic and dubious policy shift in mind for years and just needed a crisis to justify it.

That may be true, but that's exactly what happened with PNAC and 9/11.

Is it? I had no idea.

/dudes...

pnjunction: Hmm...I must be mistaken....

You are. Nice try at that revisionism, though.

This thread's shaping up to be amazing. Anyone got popcorn? And maybe a push door labeled pull?

Man I thought the joke was so obvious that no one would take it seriously.

The trolling and nutjobs have really gotten to you guys.

Yeah, after ripping off all those people on the West Side Bernie Madoff thought he was Mr. Hot Stuff too. Well let me give you some advice, you better grab your musket man or they'll have to hold me back because I want revenge and you'll have nowhere to hide. Your precious "Chocolate Candy" can't avoid an atomic rain before he puts a stop to Bush's desert party even if he pays a regal ransom. This summer bird-watchers everywhere will notice the influx of vultures flying private jets to DC to join the dance and get their bailout before Papa Clem tells'em to cook those friesan fire up those burgers. Even peta will want to mine that bird sanctuary and that pioneer of the Nile you call a president will have to run to Dunkirk to escape. In general quarters, nickels and dimes don't interest me but I'm saving all my spare change for bail cause I know the cops won't stoparrestingme after this post.

FlashHarry: Dinki: clueless teabaggers

Irregardless of Buffetts expertise, those two words are chock full of truth.



"irregardless?"

He meant "Disirregardless".