Warren Buffett Explains How The Bailout Is Crushing Healthy Companies

Re:Warren Buffett Explains How The Bailout Is Crushing Healt... by newt0311 on Tuesday March 03, 2009 @01:32AM (#501130)

But thats the problem. Obama has already changed the lives of the 300M people in this country or at least helped in the process. The stimulus bill that he helped pass has permanently expanded the US federal government. His budget will go even farther in that direction.

[ Parent | on HN ]

Re:Warren Buffett Explains How The Bailout Is Crushing Healt... by pj on Tuesday March 03, 2009 @03:01AM (#501199)

Exactly.

[ Parent | on HN ]

Re:Warren Buffett Explains How The Bailout Is Crushing Healt... by ryanwaggoner on Tuesday March 03, 2009 @10:39AM (#501498)

With all due respect, what did you really expect from him? He ran on a platform of supporting the bailout and expanding the role and scope of the federal government.

[ Parent | on HN ]

Re:Warren Buffett Explains How The Bailout Is Crushing Healt... by pj on Tuesday March 03, 2009 @11:58AM (#501606)

I don't remember anything in his platform about supporting a bailout. I don't even remember it being an issue during the campaign and nothing about a bailout is mentioned here: http://www.bostonherald.com/news/national/politics/2008/bios...

So, what did I expect from him? Change. What has he delivered? More of the status quo, big spending, bad decisions, and an extreme lack of long range vision. Instead, he's solving acute problems by putting the younger generation in even more debt. He has blown the budget deficit from $500B to over a trillion. That's not change, that more of the same.

[ Parent | on HN ]

Re:Warren Buffett Explains How The Bailout Is Crushing Healt... by lutorm on Tuesday March 03, 2009 @07:50PM (#502325)

Even if it's "big spending status quo", actually spending it on making peoples' lives better as opposed to killing them seems like change to me.

[ Parent | on HN ]

Re:Warren Buffett Explains How The Bailout Is Crushing Healt... by ryanwaggoner on Tuesday March 03, 2009 @12:13PM (#501626)

http://news.google.com/archivesearch?ned=us&hl=en&q=...

[ Parent | on HN ]

Re:Warren Buffett Explains How The Bailout Is Crushing Healt... by pj on Tuesday March 03, 2009 @01:12PM (#501698)

I stand corrected.

[ Parent | on HN ]