Saturday, February 28, 2009

Buffett sees a gloomy 2009

When Warren Buffett says that we will see the economic crisis continue this year, we have to take notice. This cannot be good for President Obama because Buffett is considered a genius in the field of economics. Both McCain and Obama mentioned his name repeatedly during the campaign as a person they would turn to for advice. Yet, even he could not turn 2008 into a successful year for his company Berkshire Hathaway. His lack of optimism for this year is frightening and I think the President better come up with something to calm people down after revelations like these.

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