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 -- chicagotribune.com
"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 | guardian.co.uk
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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