Warren Buffett: Government Doing the Right Things

[Elphaba]

Warren Buffett: Government Doing the Right Things

OMAHA, Neb. Billionaire Warren Buffett says the U.S. government is doing the right things to help the economy recover.

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Elphaba

[TeancumsSword]

Everyone is welcome to be wrong now and then

[Palerider]

as Ronnie use to say....The Taxpayer is someone who works for the Federal Gov't but does not have to take the Civil Service Examination...

[Elphaba]

as Ronnie use to say....The Taxpayer is someone who works for the Federal Gov't but does not have to take the Civil Service Examination...

That is not only very true, but very funny as well.

However, it's not as if Buffett doesn't know what he's talking about. After all, he is the second richest man in the country (Bill Gates is the first), none of which was inherited. He built his fortune by, among other things, a firm grasp of economic issues.

I realize many economists adamantly disagree with him, and I believe their opinions hold as much weight as his.

But you don't become the second richest man in the country if you're ignorant about economics. So, I don't think his opinion should be so easily dismissed.

Elphaba

[Palerider]

That is not only very true, but very funny as well.

However, it's not as if Buffett doesn't know what he's talking about. After all, he is the second richest man in the country (Bill Gates is the first), none of which was inherited. He built his fortune by, among other things, a firm grasp of economic issues.

I realize many economists adamantly disagree with him, and I believe their opinions hold as much weight as his.

But you don't become the second richest man in the country if you're ignorant about economics. So, I don't think his opinion should be so easily dismissed.

Elphaba

Pale is scratching his head trying to see if he told Elphaba that Warren is wrong or crazy....hhhhmmmm.....:p

The RV Dealership I work for sells mostly Coachmen RV's. They ran into money problems during the last year and Warren Buffet stepped in and bought them. He also owns Forest River RV Company...I always thought because of him buying Coachmen that the life of Travel Trailer Camping and Rv's was not dead just yet.

[Elphaba]

Pale is scratching his head trying to see if he told Elphaba that Warren is wrong or crazy....hhhhmmmm.....:p

Sorry Pale,

I thought your comment about not having to take the civil service exam meant Buffett's opinions were not to be taken seriously because he was also a taxpayer who hadn't, metaphorically speaking, taken the exam.

I may be obnoxious, but I do try to admit when I am wrong, and so, I admit I was wrong.

The RV Dealership I work for sells mostly Coachmen RV's. They ran into money problems during the last year and Warren Buffet stepped in and bought them. He also owns Forest River RV Company...I always thought because of him buying Coachmen that the life of Travel Trailer Camping and Rv's was not dead just yet.

Did this turn out to be true?

Please stop scratching your head. I've seen your picture, and I'm afraid it will cause you to lose what little hair you have left.

Elph

[TeancumsSword]

Didn't Coachman recently shut down one of the major plants?

[Palerider]

Didn't Coachman recently shut down one of the major plants?

After they were bought by Forest River they moved everything into one building....

[Palerider]

Sorry Pale,

I thought your comment about not having to take the civil service exam meant Buffett's opinions were not to be taken seriously because he was also a taxpayer who hadn't, metaphorically speaking, taken the exam.

I may be obnoxious, but I do try to admit when I am wrong, and so, I admit I was wrong. Did this turn out to be true?

Please stop scratching your head. I've seen your picture, and I'm afraid it will cause you to lose what little hair you have left.

Elph

yes this is true.....Coachmen was bought out by Forest River and Warren Buffet owns Forest River...

and for what its worse...when we have difference of opinions on politics I always think you are wrong.....LOL!!!!!!!!!!!!!!!!!!!!:p:p

[Moksha]

... that the life of Travel Trailer Camping and Rv's was not dead just yet.

There will always be a need for alternate forms of housing. I imagine that gas prices will have a very determining effect on the sales for these behemoths.

[applepansy]

That is not only very true, but very funny as well.

However, it's not as if Buffett doesn't know what he's talking about. After all, he is the second richest man in the country (Bill Gates is the first), none of which was inherited. He built his fortune by, among other things, a firm grasp of economic issues.

I realize many economists adamantly disagree with him, and I believe their opinions hold as much weight as his.

But you don't become the second richest man in the country if you're ignorant about economics. So, I don't think his opinion should be so easily dismissed.

Elphaba

We used to hunt on Mr. Buffett's neighbor's property on the Utah/Wyoming border. Mr. Buffett made his money by Luck and in Oil. Not by being a smart buisness man. Source: personal knowledge

Where he was smart is that after he made millions he hired people who were smart and ruthless... he diversified and has his finger in a lot of pies.

[Moksha]

Mr. Buffett made his money by Luck and in Oil. Not by being a smart buisness man. Source: personal knowledge

Take that Berkshire Hathaway!!!

[bytor2112]

Buffet may have agreed with TARP I and TARP II.......but I highly doubt he would agree with the alleged "emergency" stimulus bill or the omnibus bill.