Comments on: Presidential hopefuls like Buffett for Treasury Secretary

By: sloane

sloane — Thu, 09 Oct 2008 16:00:02 +0000

I think Buffett would do a great job in this position, but I doubt he would take it if it were offered to him. He’s not used to being employed/working for someone else..and I don’t think he’s masochistic enough to go from being completely independent and self-directing to being one part of a huge bureaucracy, where even ideas that don’t meet with opposition are very, very slow to be adopted and implemented.

Dr. Tantillo, who has ( http://blog.marketingdoctor.tv ) did a post a little over a week ago on Buffett (in a winner/loser post that contrasted him with WaMu).

Dr. Tantillo blogs from a branding perspective, and posits that any company must stay true to its brand’s ‘core features’ to succeed.

Full post: http://blog.marketingdoctor.tv/2008/09/2 6/brand-advisory-buffett-and-wamu.aspx

I think that working for someone else is not part of Buffett’s brand….

By: Ted

Ted — Thu, 09 Oct 2008 05:11:56 +0000

NOT john mccain.

By: Patrick

Patrick — Wed, 08 Oct 2008 22:40:07 +0000

Conspec– What do you mean Warren Buffet doesn’t give away any money? He’s giving away ALL his money. He has already given BILLIONS to the Bill And Melinda Gates Foundation, and plans to give 85% of his fortune away. He’s been interviewed about this for years, and has always said that he’d rather give a huge chunk later in life that can make a huge difference to the world, rather than a relatively small amount in increments. You can read about it here:

http://money.cnn.com/2006/06/25/magazine s/fortune/charity1.fortune/

Warren Buffet is frugal but NOT greedy. He won’t lose much money in this sub-prime crisis cause he wasn’t greedy, just like he didn’t lose money during the internet bubble. He buys companies based on value. If the stock is undervalued, he’ll buy it, and a company leveraged to the hilt with mortgage securities is not a good value.

If Obama can get Buffet to agree to be his Treasury Secretary right now, he’ll win the election in a landslide. I can’t think of a better person to do this.

By: Raghuveer

Raghuveer — Wed, 08 Oct 2008 19:56:56 +0000

I’d like Buffett for President and Bloomberg for VP.

I don’t think Buffett would want to spend a moment taking orders from McCain. McCain is obviously trying to boost his own credibility by evoking Buffett’s AAA reputation.

By: Jim

Jim — Wed, 08 Oct 2008 18:38:09 +0000

Meg Whitman - bad choice.
Warren Buffett - good choice.

By: JONYI

JONYI — Wed, 08 Oct 2008 06:39:18 +0000

tanya: McCain is a traitor? How can you speak for millions of American soldiers that have suffered in combat. Can YOU fathom being tortured for five and a half years?!

McCain tries to make us believe that Obama is against us? I’ve never heard someone so desperately following party lines. They both want to take us out of this 8 year drought!

By: Jim

Jim — Wed, 08 Oct 2008 06:29:13 +0000

unfortunately conspec, who posted the ill informed comment regarding mr. buffett, is as confused about facts as he probably is about the current economy. The fact is, mr. buffett has donated to charity more money than anyone in history. it’s a simple fact that with minimal effort can be researched right here on the internet. buffett certainly knows the economy better than anyone alive but the chances of him holding public office is very slim. there’s no reason for him to do so. he’s helping the economy without the need for public office.

By: Oliver L.

Oliver L. — Wed, 08 Oct 2008 05:34:12 +0000

Well I think enough people have debunked the ignorant comment that Warren Buffett doesn’t give away money…but no one (I don’t think) has challenged the idiotic notion that he wouldn’t take the job because he would enjoy more income and status in the private sector…do you honestly think he cares about either at this point? He has more than enough of both quite clearly.

(I do agree with another poster though who said that McCain’s Treasury Secretary would more likely be Phil “nation of whiners” Gramm).

By: Brian Wolfe

Brian Wolfe — Wed, 08 Oct 2008 04:06:46 +0000

So far of all the superstar investors in the news, only Buffet has been correct more often than he has been wrong.

Yes, he’s said flat out that he wouldn’t take the job if he was offered it.

To me, those two things says he’s the man for the job.

Mr. Buffett, please consider this an American Patriot’s plea for you to sacrifice the years of retirement in order to help us survive with your market wisdom. We desperately need someone like you.

By: Nate Stockard

Nate Stockard — Wed, 08 Oct 2008 03:11:39 +0000

Buffett would be great for our country, but more times than not, all we get in politics are those that failed in the private sector.

You people don’t get it. Obama just contradicted himself over and over. Liberals are following Obama like a puppy follows the dog catcher to doggie hell! I wrote a blog post about Obama’s contradictions, but I’m sure liberals will tell me how stupid I am, and how I am wrong with the same old language, “Change!”

http://averagepolitics.wordpress.com/200 8/10/07/debate-winner-obama-or-mccain/