Buffett Backs Second Stimulus - ABC News

Insanity: Doing the same thing over and over again and expecting different results.

This story was posted on http://www.drudgereport.com/

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WHAT A stark contrast between Buffett and whatever that government bailout recipients of a bozo in Texas is...

Capitalism is what it is suppose to be, where EVERYONE plays by the SAME rules; work hard, do the right things, SERVE the communities you do business in, and money follows.

ALL those THINGS they teach people in schools should mean something, otherwise, what is education? Lies for THEM overly privileged GOP of ALL parties! only.

I "think" a second stimulus "might" work. What a twat. If the first one had zero effect on the economy - then another one certainly wont have any effect except to put the US deeper into debt that we will never be able to pay back. Sorry guys, Reagan showed us how to get out of a recession in the 1980s - read your history and learn how to do it today.

THE KNOW IT ALLS IN WASHINGTON KNOW NOTHING AT ALL

Instead of a second stimulis, why don't they re-direct the first one. Only 10% has been spent on stupid government feel good projects. Re-direct the money to small business loans so they can make pay roll. They can't get a line of credit from our crippled banks. Does Congress know that many times a business' income doesn't come in before payroll so they usually have to have a line of credit to make payroll. I say usually because the banks have cut many of them off! But then they might know this if they have ever run a business...but they are. They are running banking, insurance, cars, energy, and now health care! All this by people who couldn't work their way out of a paper bag. Get real, Congress. You all have no business being in business.

FU Warren. Give each of us a share of your gazillions or shut up. We don't need more debt and spending. If these stimulus packages are so great, why do we need more? Shouldn't the first have done the trick?

This guy has all the money he could possibly ever need. If there is going to be a stimulus, it should go to all of us who are struggling to get by in this ball of s*** that people like him created. Take your greed and go to hell, Warren.

those that gots, gets.

Well he is right that the first one didn't work but way off base hoping that a second one would accomplish anything more than the first. Gosh, the "Oracle" had to lay-off 500 of his own employees (guess he didn't see things coming) why didn't he just take the money out of his own proceeds to pay them their salaries until things turn around.

Then let Warren Buffet pay for it.

Go to Bershire Hathaway's website and just take a look at the companies Buffett owns!! I guess he figures another stimulus just might boost his companies, many of which are large jewelery chains failing due to the economy. That GEICO Gecko IS pretty damn cute though!!

Hey, I never saw any of the FIRST package or any results other than my bankers feel better. Enough already!

they should have given the money to the people who have to pay the bills, and it should be as well with this one if they put one out, everyone should have gotten 32,000.00 from the first bail out!!!!!!!!!

stimulus is starting to stinkulus

Cons still having a hissy fit over having a black President??

Clearly over the years Buffet has shown an ability to make money. This does not make him an expert in economic policy. Even the acknowledged leaders in macro economics are not unanimous in the effectiveness of government spending to bring the economy out of recession. This time the government has incurred a huge public debt. Additions to this debt attenuated any lift from government spending.

Of course he want another package. Him and the rest of the Billionaires are the one's who get all of the money. Onec again the middle class get screwed.

Buffet can drop dead for all I care.


Politicans and Judges the true evil in this country

The important thing to get from this story is that NONE of what dictator Hussein Obama is doing or spending is working. NOTHING!!! Obama has NO intention of any of what he is doing to help OUR country. His ONLY intent is to destroy OUR country and its constitution from within and destroy YOU. If you still don't get it you had better wake up and start looking at the truth. FACT: Obama's numbers are falling accross the board and his flailing, and failing regime is spinning out of controll!!

And guess who foots the bill. Taxation without representation is all government has been about dems, repubs and independents alike. They all need a 75% pay cut, and be put on social security instead of the golden fleece retirement plan they have. If they don't want to deal with social security, then they need to pay money into a 401k like the rest of us.

Warren Buffet has just lost his mind!!!!!!!!!!!!!!!!!!!!!!!!!

Using a so-called expert to advance a less-than-true idea is a trick of logic called appeal to authority. This is what the Dems and the liberal media are trying to accomplish here.
I don't give a rat's petute what Warren Buffett thinks, rather I question his motives! His endorsement of this insane 2nd stimulus idea is especially suspicious since this is a man who has vastly benefitted from true capitalism. We have to ask ourselves “Why is he suddenly endorsing the opposite economic theory, Keynesian economics which advocates government spending as a cure for a depressed economy”? Is there something in it for him? I smell a rat here, a very rich rat!
Don’t buy into this idea folks. It is designed to fool you with an appeal to a supposed authority figure who endorses it! Tax and spend is still tax and spend and not even Warren Buffett can change that!

crapulus,
dungulus,
suckulus

Why don't the ones that think another stimulus might be needed go ahead and chip in the money instead of dumping it on the taxpayers. Put their money where their mouth is. So all you wealthy people need to either put up or shut up.

Ol'e Warren needs to change his name to Simon..like in "Simon Says"Obama's solution to stimulis is like pouring salt on a wound..Check out the new tax policies that kick in Jan.1,10..

So any politician that says they need to rush a bill and not even read it, is an idiot and thinks americans are too, government is sooooooo slow, nothing fast about it.

actually he wants to stimulate your package.

WARREN WHO?

f***ING INSANE!!!!!!!!!!!!!!!!!!!!!

NOPE AND HANG