Warren Buffet's Buyer's Remorse

Even Rich Guys Regret Some Investments

Remember back during the election when a lot of bloggers who lean in a different direction than I do were saying things like: "Warren Buffet's smart, he's got to know something here." This in reference to his support of the young candidate from Chicago. Well, I'll leave it to you decide if Warren Buffet was smart or drank the coolaid, but This Piece in American Thinker [click to read] makes you think Mr. Buffet is having some serious 'buyer's remorse.'

Issue by issue, Buffet has some strong disagreement with the president. Rush Limbaugh [click to read], who we're not supposed to listen to, brought this news to light last week. He's critical of Cap and Trade [click to read], the Energy Rationing and Taxation Redistribution Cleverly Disguised as Free Market Action program. Likewise Card Check [click to read], the Union Thug Relief Act has some bad financial reprocussions.

"If you're in a war, and we really are in an economic war, there's a obligation to the majority to behave in ways to not go around inflaming the minority. If on Dec. 8, or maybe it was Dec. 7, when Roosevelt convened Congress to vote on the war. He didn't say, ‘I'm throwing in about ten of my pet projects,'" Buffett says.

Still, Mr. Buffet says it is important to support the president. I say we support him best by making sure he sees the facts of our present economic situation.

Rush's Required Reading List:
(straight from the colossal stack of stuff)

• American Thinker: Obama supporter Buffett strongly criticizes the president
• New York Times: Buffett: Cap-and-Trade Is a 'Regressive' Tax New
• NewsBusters: Kernen Asks Buffett: 'You Might Not Have Fixed Global Warming' After D-Day
• Wall Street Journal: Buffett Says Economy Has 'Fallen Off a Cliff'
• American Thinker: What the Government Worker Unions Know
• Heritage: Card Check Creates Government-Run Workplaces
• Heritage Jobs Report: February Employment Losses Would Be Worse with Card Check
• American Spectator: Card Check's Bounce
• HotAir: Card Check Fading in the Senate?