2/20 Was just watching Thu's CNBS on tivo. Gosh, Obama has no idea what
he's doing, does he? -Dem
\_ No, he doesn't. Everyone knew that. That's why I voted for Hilary.
However, I expected him to have competent advisors. I think
part of the problem is "What happens when you have competent
advisors who *disagree*?" as I feel is the case now. Someone
has to make the call.
\_ And this just occured to you?
\_ No. "I voted for Hilary."
\_ what happens when Krugman (!advisor), Geithner, Summers, Buffet,
and Volcker are all fucking wrong?
\_ Greenspan? Bernanke? Roubini? I actually think Buffet is
\_ Greenspan? Bernanke? Roubini? I actually think Buffett is
right and history will prove it.
\_ Buffet has been selling, after he told you to buy
http://www.thestreet.com/story/10464539/1/buffett-watch-the-oracle-sells-america.html
\_ Bull.
Sure, he sold some positions. He's also been buying
Intersoll-Rand, Nalco (NLC), and Burlington Northern
Ingersoll-Rand, Nalco (NLC), and Burlington Northern
since end of 3Q 2008. Most holdings are unchanged.
That's in BRK. Buffett's article was talking about
his personal holdings, which we don't really know
about what's happening there.
\_ What is "Thu's CNBS"?
\_ Sorry, Thursday CNBC. Specifically about 2-3 segments where
Rick Santelli and Steve L. are yelling at each other; also the
Meredith Whitney interview.
\_ Yeah the CBOE traders are all such great representatives
of the common man. How can you take this guy seriously, he
was a hedge fund advisor and one of the architects of CDOs?
\_ Your use of CNBC as a barometer of anything of substance says
more about you than about Obama.
\_ See above about specific segments on the bullshit channel;
I'm not too impressed with you myself
\_ Gibbs has a great response to Santelli's right wing frothing:
http://www.talkingpointsmemo.com/archives/2009/02/dude_needs_decaf.php
\_ Uh, great response? He's a press secretary, and what I got from
that was:
- You're a derivatives (actually, bond) trader you motherfucker
- By preventing your neighbor's foreclosure, your house will
maintain value (Santelli actually addressed this yesterday,
saying most people buy a house to live in, not as in investment
and the need for house prices to return to normal supply/demand
levels overrides subsidy of foreclosed properties)
- Really smart people created this plan
- Go read the plan, and you'll see it helps a lot of people
Once again, Obama has no idea what he's doing -Dem |
http://csua.com/feed/