Wednesday, June 24, 2009

On the cap and trade swindle, why isn't Obama listening to Warren Buffett?

Warren Buffett to CNBC: U.S. Economy In "Shambles" .. No Signs of Recovery Yet
Buffett repeated his criticism of "cap and trade" as a method to control pollution, saying it would be a huge, regressive tax.
Aug '07: Buffett is Obama meal ticket --
"He's not only a leader, but he can lead us to the right place," said Buffett, who also told a racy joke and made a few off-hand remarks about the sagging stock market.

"Barack is here to increase the abundance, but to spread it around a little more so that it is inclusive prosperity," Buffett said.
Obama said he gets plenty of advice on the campaign trail, but "Warren Buffett is one of those people that I listen to."
June 23, '09: Obama urges Congress to move swiftly on climate change bill | Environment |
The presidential intervention crowns a carefully coordinated effort by the White House, administration officials, environmental organisations and major corporations to build support for a bill that is at the heart of Obama's agenda.

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