Buffett says government is doing the right things

cal04

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Sat May-02-09 10:38 AM
Original message

Buffett says government is doing the right things

By JOSH FUNK
http://seattletimes.nwsource.com/html/businesstechnology/2009162471_apusberkshireshareholders.html?syndication=rss

Billionaire Warren Buffett said Saturday that the U.S. government is taking the correct actions to help the economy recover.

Buffett spoke briefly before the opening of the annual meeting for his Berkshire Hathaway Inc., expected to draw an audience of roughly 35,000 people.

"The government is doing the right things," Buffett said. "They're acting in a countercyclical manner."

But Buffett said he can't predict how quickly the economy and the markets will improve. He said last fall that the U.S. faced an "economic Pearl Harbor."

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Vickers

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Sat May-02-09 10:38 AM
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1. That's my boss.

:thumbsup:

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SmileyRose

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Sat May-02-09 10:43 AM
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2. The article also says Buffett was mixed up derivatives.

Edited on Sat May-02-09 10:43 AM by SmileyRose

which apparently is a big part of what caused all this.

edit - typo

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msongs

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Sat May-02-09 10:51 AM
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3. so warren how much taxpayer money are you scamming in the bailouts etc? nt

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