Buffett Says Pessimism on Economy and America Is ‘Dead Wrong’

By | February 28, 2016

  • February 29, 2016 at 2:27 pm
    Agent says:
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    Time for the dementia riddled Uncle Warren to step aside. His support of Hilliary Clinton and prior to that Obama is a good example.

    • February 29, 2016 at 3:31 pm
      UW Supreme says:
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      Agreed, Agent. Pessimism is correct, because we don’t have a positive outlook with what we’ve been doing and where the libtards want us to be. I truly believe Mr. Buffett’s lucidity is in question. Incredible businessman and absolutely horrid at political alliances. I think old age and the fact that he’s one of the single most richest men in the world are probably contributing to his inability to get in the weeds with the rest of us and see why pessimism is there to begin with.

      The funny thing is, he’s stumping for Hillary by writing these letters, but the ill-informed will never read them. His readers know who they’re voting for and this will have no impact. Most voters can’t even recall who the Vice President is, never mind caring about a guy who sounds like he owns a chain of HomeTown Buffets says about our economy.

      • February 29, 2016 at 5:31 pm
        Sounds like you described Trump says:
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        “… lucidity is in question. Incredible businessman and absolutely horrid at political alliances. …”

        • March 1, 2016 at 10:35 am
          UW Supreme says:
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          I suppose I implied Trump too. I don’t trust that guy at all. He’s a liberal in disguise and somehow has hoodwinked the Republican populace. VOTE FOR CRUZ!!!!

          • March 1, 2016 at 12:13 pm
            Agent says:
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            Supreme, I think you might agree that Trump has tapped into the extreme frustration and anger of the American voter who are tired of politics as usual on both sides. We don’t like a lot of his methods and speech, but even if he wins and becomes President, it would be a serious upgrade to what he have had for 8 long years. Cruz is smart and Conservative, but he is fighting an uphill battle. Rubio has made himself look very small with his recent personal attacks. He would have done better had he stuck to his message and not allowed the dufus political advisors to give him poor advice.

          • March 1, 2016 at 7:17 pm
            UW says:
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            So funny how Fox News starts saying Trump is a liberal, and within days all the “free-thinking” right-wing dolts started repeating it. Trump is not a liberal, he is the perfect conservative candidate, which is why I predicted he would have staying power as soon as he started running. He doesn’t pretend to care about policy, he cares about being a racist bigot, and a fascist, like modern Republican.

            The best part about this is that when he loses his idiot supporters will claim it was because he wasn’t conservative enough, will become even more extreme, and will continue their decline into a semi-permanent, regional, minority party.

          • March 2, 2016 at 10:03 am
            UW Supreme says:
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            UW, I don’t usually respond to uninformed idiots first thing in the morning before I have my coffee and take in my view, but this is worth it. You’re a damn moron.

            You don’t know me, you have no idea about my ideals, and you REALLY REALLY don’t know what’s best for this nation. But I know you and all the people like you in your little circle jerk. You’re all the same. You’re ill informed, filled with hate, and want nothing but backwards progress and to rip this nation apart.

            I take in all news sources, don’t give a shit about Rupert Murdoch or his media empire, and don’t let Fox News dictate what I think.

            I’ve said it before and I’ll say it again because apparently as an idiot, you just don’t absorb content on the first take: Trump is a goddamn liberal dickwad with no substance and no business running for office as a Republican. It’s a goddamn show. It’s entertainment for him. It’s grandstanding at it’s finest. He’s a dictator and dangerous, and I don’t want to be stuck not voting for him and letting one of your shitty, socialist, domineering, economy wrecking, defense deflating lidtard candidates being even remotely close to gaining POWER. That’s what it is to every single candidate except for one. These people aren’t here to serve us. They’re here to gain power and influence. I’ve stood behind Cruz from the beginning and will continue to support him whether he gets the nomination now or down the road.

            You won’t hear an endorsement for him on Fox News ever, so please stop you moron.

          • March 3, 2016 at 12:48 pm
            UW says:
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            UWsupreme, you are an illiterate moron. No sgit you won’t hear an endorsement for Trump on Fox News, that was my point. They are for the establishment Republicans not the Republicans most like the base, like Trump. Hence them putting out taking points and morons, like you, repeating them the next day. Btw, they will have people endorse Trump in the general election.

            Trump is perfectly aligned with the voters in the a Republican party, he’s not a liberal. Anybody saying that is unqualified to discuss this and a tool.

            But, let’s take your moronic theory as true, and pretend Trump is a liberal, and assume a 50/50 Democrat-Republican split. He’s polling at 35% in the Republican race. That means 50% of the nation is liberal through the Democrats and 35% of the country is voting liberal in the GOP primary, meaning 85% of the country is liberal.

            Going on these facts, which cannot be denied following your theory, to be logical you must agree liberals have a massive mandate and conservatives should stop blocking everything, like every bill Obama has put forward, all the judges and the Supreme Court justice he appoints, right? Or are you too inconsistent to even follow the outcome of your own theory (although your theory is patently absurd, and outright moronic)?

          • March 18, 2016 at 10:15 am
            UW says:
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            Trump isn’t a liberal. People saying that are outright doors. He hasn’t hoodwinked any conservatives, he is the perfect representation of American conservatives. He is an authoritarian and rich, which appeal to conservatives. He’s a nationalist and a jingoist which is right in line with most conservatives.

            For 50 years they have pretended to care about policy in order to support the rich and corporations. They don’t care nor do they know about policy so when a person, like Trump, who is a racist, conspiracy theory driven, moron comes along of course they support him.

            All the geniuses here have been wrong about him, and I’ve been right from day one, saying the only way he loses the GOP side is if he wants to lose or if something crazy happens. The only difference between Trump and”mainstream” Republicans is he says what they imply; if you don’t recognize that you aren’t competent to analyze US politics. He’s bringing the Southern Strategy into the open, and big shock he’s dominating the field.

      • March 1, 2016 at 9:30 am
        Agent says:
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        Good one Supreme. By the way, this rich guy benefited mightily from the Keystone rejection since his railroad carry’s a lot of oil to the refineries. No wonder he loves “Crony Capitalism”. Do you remember a couple of years ago that Berkshire Hathaway was in trouble on back taxes? That problem seemed to fade away. I wonder how.

        • March 4, 2016 at 3:22 pm
          FFA says:
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          And now his applied division is getting sued heavily.

  • February 29, 2016 at 6:16 pm
    Celtica says:
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    • February 29, 2016 at 11:16 pm
      UW says:
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      Great points. They love to whine about the debt, but never mention the over $2 trillion (which Bush didn’t account for, and therefore were not included in his “official” debt figures) spent on the Iraq War alone. Not to mention the collateral costs we still have today. Of course, that’s because it’s nearly impossible to find one of these low-lifes who will admit to supporting the war.

    • March 4, 2016 at 3:23 pm
      FFA says:
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      OBama Cleaned up the messes???? Really? He has made a complete mess with health care.

  • February 29, 2016 at 6:16 pm
    Agent reply says:
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    Good article on his wealth and tax avoidance. I think the super-rich/wealthy validate their meaning in life but proclaiming to be for the “little guy.” In this case, he avoids his individual and corporate taxes through these “legal” loopholes but then says the superrich are not taxed enough. If you believe what you say, write a check each year for the tax that you think should be paid either to the government or non-profits. Don’t just talk but walk your talk – your arugment would carry much more weight. http://www.barrons.com/articles/warren-buffetts-nifty-tax-loophole-1428726092

  • February 29, 2016 at 6:17 pm
    Anti Celtica says:
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    Nice generalizations.

  • February 29, 2016 at 8:00 pm
    Celtica says:
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  • March 1, 2016 at 5:22 am
    BHEmployee says:
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    Warren is out of touch with his companies. He’s all about the money. His workers are drowning with little pay raises, minimal bonuses, and forced unpaid overtime. No professional growth with Berkshire Hathaway Companies, and that’s a shame. He owns some companies that used to be great.

    • March 1, 2016 at 7:19 pm
      UW says:
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      That’s largely because of the type of company it is. For most people in that type of business there is not much potential for career growth right now, and won’t be until the large number of people near retirement start retiring.

  • March 1, 2016 at 11:51 am
    Yogi Polar Berra says:
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    It is good to be king, or associate with someone who behaves that way. Nothing could be ‘bad’ if you are in that position.

    He forgot about the lowest labor force participation rate in multiple decades, decreased wages due to reduced hours to 30 or less, rise of terrorism and unstable countries with nukes and money given to them by US taxpayers, and a possible impending recession.

    • March 1, 2016 at 3:26 pm
      Agent says:
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      Yogi, the libtards are still busy re-arranging the deck chairs on the Titanic. Buffet has lost most of his marbles if he thinks Liberal Democrats will fix the economy. By the way, Obama has never had a 3% GDP in all the years he has been in office. How many recovery summers have we had now? How about that Stimulus creating all those shovel ready jobs? Oops! Sorry about that.

      • March 1, 2016 at 3:48 pm
        Celtica says:
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        • March 1, 2016 at 7:14 pm
          Yogi Polar Berra says:
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          Faulty ear piece. Faulty hair piece.
          ‘Grump’ says there will be hell toupee!

      • March 1, 2016 at 7:28 pm
        UW says:
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        • March 2, 2016 at 10:11 am
          UW Supreme says:
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          UW, did your ex-wife let you kiss her with that mouth? I’m about 137% positive your parents and entire family are disappointed with all of your life choices.

          I would call you a ‘retard’, but since that’s one of the most derogatory things you can call someone without knowing how mental retardation may have affected someone’s family, I’ll take hard pass. Idiot suites you much better.

          • March 3, 2016 at 5:24 pm
            Agent says:
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            Supreme, if UW or Confused walked into your office tomorrow asking for a job and you knew their background, would you be inclined to offer them a job? Poor UW cannot grasp basic concepts of Economics and he would have to Google GDP and then he would misinterpret it. When an administration’s policies result in GDP of the low 2% to a high of 2.7% for 8 years, that is not a record to brag about. These Progressives seem to like that very bad growth and they wonder why employers aren’t hiring. The country should have been growing in the 4,5 or even 6% GDP if good tax and regulation policy had been followed and we never passed Obamacare.

          • March 3, 2016 at 6:01 pm
            Agent says:
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            Supreme, he doesn’t have a wife. No woman of any decency would find a potty mouth attractive.

          • March 4, 2016 at 11:42 am
            Confused says:
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            stop trolling and saying negative things about me when i have not posted once in the thread. i do not do that to you. when i insult you, it is not behind your back in articles you haven’t commented on.

          • March 4, 2016 at 11:44 am
            Confused says:
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            i take that back – i had posted in this thread, but not part of this specific conversation. still, be a man and insult me to my face, not indirectly to someone else.

          • March 4, 2016 at 3:21 pm
            UW says:
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            Agent, you are completely brain dead, a literal informationless person. Nothing tiny have ever stated is correct. First your tax theory is idiotic and has been debunked in the economic literature- something you clearly don’t read, and are not competent to read. You state I know nothing about economics. Odd since I graduated with many honors with a degree in……economics. Idiot.

            You border on full-time blown, disability- level intelligence so I will break down what I had a problem with in your statement, ignoring the moronic growth/tax junk you wrote about. You said:

            “Obama has never had 3% GDP in all the years(…)”.

            GDP is a measurement. I point this out and you ignore it and bitch. What you stated makes no more sense than stating, “He’s never had 3% kilometers.” Idiot.

            As for a job you are hilarious. First, you can’t afford me in the shit market and tiny policies you wrote. Second, I wouldn’t work for you for almost any price. When I intervie I get a pretty good feel on how intelligent a
            person is. If the are scraping the bottom of the barrel, like you, I decline another interview.

            Also, you ignorant dope, look at the total job numbers for Bush compared to Obama and tell me how bad his policies are for jobs. From Bush’s first full month in office to the end of his term unemployment increased 85%; unemployment since Obama’s first full month has decreased over 40%. Bush had negative private sector jobs growth.

            The policies you support are disastrous. Your knowledge of economics is disastrous, and your ability to think is an embarrassment to all Homo sapiens.

            And no, losers, I don’t have an ex-wife. Onto something else irrelevant, since the 10 or so of you clowns it takes to combat one liberal can’t make any coherent, reality-based, relevant points.

  • March 1, 2016 at 4:00 pm
    Anti Celtica says:
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    Are you for “Free Stuff” Celtica? The fight on the left is for the “Progressive” movement which believes in 90 percent marginal tax rates at the top and free stuff for everyone else.

    • March 1, 2016 at 4:22 pm
      Agent says:
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      Hey Anti, interesting article on Townhall.com today. The AP had a survey about the Obama Presidency. Obama had a disapproval rating of 53% on the economy, 58% on foreign affairs, 58% on Healthcare, 60% on ISIS and 61% on Immigration. Barely 26% support Obamacare and only 4% thought the law lowered their out of pocket expenses and premiums. I repeat, 4%. Most respondents reported much higher out of pocket expenses and premiums.

      Before you Liberals start crowing, Hilliary is running for Obama’s third term and has supported Obama’s policies. Doing the same thing over and over and hoping for a different result indicate a total loss of brain power. But, when has that stopped a committed Liberal who think they are smarter than everyone else.

      • March 1, 2016 at 7:31 pm
        UW says:
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        Wow, interesting insight. Hard to believe a far right-wing site would do a poll and find Obama to be unpopular. How about a comment on something substantive Agent?

        What do you think about Paul Bremmer, darling of the right who was beloved on Town Hall, firing all the Iraqi military after the illegal invasion, which created a well-trained group called al Qaeda in Iraq, which turned into ISIS? And more to the point, why was this assuredly Obama’s fault?

        • March 3, 2016 at 9:24 am
          Agent says:
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          Wow, hard to believe you take idiocy to a new level. Please explain to the forum that AP is a far right-wing website. I think they have been proven to be more the other way for a number of years, but they eventually get around to publishing truth occasionally.

          • March 3, 2016 at 10:50 am
            Confused says:
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          • March 3, 2016 at 11:43 am
            Confused says:
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            Why would someone down vote my last comment? I simply asked for a link to the article!

          • March 3, 2016 at 12:31 pm
            Agent says:
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            Confused, you are supposed to be a smart Millenial and know everything and yet you know nothing. I am not surprised since you get your info from Huffington Post or Media Matters.

          • March 3, 2016 at 1:34 pm
            Confused says:
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            Stop deflecting – can you give me a link to that article or not?

          • March 6, 2016 at 7:17 pm
            UW says:
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            “Confused, you are supposed to be a smart Millenial and know everything and yet you know nothing. I am not surprised since you get your info from Huffington Post or Media Matters.”

            Devastating rebuttal. You are honestly so stupid it is mind-blowing. You “cite” something, as you did with Marx, and as you have done in the past, somebody points it out as not existing, being difficult to find, or being wrong, and it is their fault.

            You are a clown, an idiot, and a fraud.

        • March 3, 2016 at 3:36 pm
          Godot says:
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          Confused, the answer to that would be ‘no’…he can’t get you a link to the story. He either doesn’t know how or there was no story and his statements are purely ‘Agent’ statements. As for why your question would be down-voted, I’m sure you know the answer to that one too – Agent.

          • March 3, 2016 at 5:15 pm
            Agent says:
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            Confused, this is for you and Godot. I do not provided links to the likes of you since all you do is insult and use nasty language to me on every article. Perhaps you and Godot should subscribe to Townhall.com and get their enews daily like I do. You might actually learn something as well.

          • March 4, 2016 at 11:49 am
            Okay, now I am someone else says:
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            Agent, I am a 57 year old white Conservative Republican who lives in Texas and am very interested in reading more about the article you cited above. Unfortunately, I am unable to find that article on townhall.com. Can you please provide me with a link to the story of Obama’s horrible approval rating so I can use those facts next time a 20 year old liberal democrat tries to say Obama is not the worst president we have ever had?

          • March 4, 2016 at 12:23 pm
            Rosenblatt says:
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            Will you post the link for me then please, Agent? I can’t remember the last time I insulted you or used nasty language.

          • March 4, 2016 at 1:04 pm
            Agent says:
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            Boy, you people really need to subscribe to Townhall.com for the many informative articles in it. It is not hard, by the way. Townhall published the article on 3-1-16 and the author is Guy Benson. You can also google Guy Benson if you want to read any other articles he has written on the debacle known as Obamacare. By the way, the survey was done by the AP, not Benson.

          • March 4, 2016 at 2:21 pm
            BS says:
          • March 4, 2016 at 2:42 pm
            Rosenblatt says:
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            Thank you for the link BS, and also to Agent for providing sufficient details on the article so it could be easily found via an online search.

      • March 4, 2016 at 2:34 pm
        BS says:
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        The comment about only 4% feeling that the law lowered their premium and out of pocket expenses came from a different poll done by NPR.

        http://www.npr.org/assets/img/2016/02/26/PatientPerspectives.pdf

    • March 2, 2016 at 12:18 pm
      Celtica says:
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      • March 2, 2016 at 1:47 pm
        Captain Planet says:
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        • March 2, 2016 at 6:19 pm
          Celtics says:
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          • March 4, 2016 at 2:14 pm
            Captain Planet says:
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            It is so very sad and speaks loudly about the current state of the GOP. The party is imploding and it needs to in order to redefine itself and come back to reality.

  • March 5, 2016 at 5:19 pm
    Captain Planet says:
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    Celtica,
    I heard many Texans are investing in coat hangers and female decorated caskets.

  • March 5, 2016 at 5:20 pm
    Captain Planet says:
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    It is so very sad and speaks loudly about the current state of the GOP. The party is imploding and it needs to in order to redefine itself and come back to reality. Hint, Kasich is the voice of reality.



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