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Saturday, October 04, 2008

Oracle of Omaha on the Bailout

Remember when the world used to look to Alan Greenspan whenever the economy in this country was on shaky ground? Then Greenspan would go before the Congress or make a statement from his office and his wise words calmed the markets just because he was Alan Greenspan?

Nowadays, the voice to look to for stabilization is none other than Warren Buffet aka the Oracle of Omaha and Berkshire Hathaway fame.

Here is what the Oracle of Omaha has to say on the bailout over at CNBC and MSNBC…

Video Link



Hang tight, Warren Buffet has a little bit more experience than Greenspan ever thought possible when it comes to the financial markets and the economy.

Papamoka

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