{"id":31871,"date":"2009-03-09T01:01:01","date_gmt":"2011-05-19T02:40:18","guid":{"rendered":""},"modified":"2011-05-19T02:40:18","modified_gmt":"2011-05-19T02:40:18","slug":"buffett_obama_is_wrong_but_republicans_should_support_him","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2009\/03\/09\/buffett_obama_is_wrong_but_republicans_should_support_him\/","title":{"rendered":"Buffett: Obama is Wrong, but Republicans Should Support Him"},"content":{"rendered":"
\n

RUSH: Here\u2019s Warren Buffett on CNBC today.<\/p>\n

BUFFETT: I think the secret ballot is pretty important in the country. I\u2019m against card check, to make a perfectly flat statement.<\/p>\n

RUSH: That\u2019s Warren Buffett disagreeing with President Obama. Warren Buffett was on CNBC Squawk Box, the co-hosts Becky Quick and Joe Kernen were interviewing Warren Buffett, a big supporter of President Obama. And the question to that sound bite was, ‘Some say that EFCA and card check would — would narrow the disparity, in other words, having unions have more of a say, have more companies unionize. Is that a good idea, or do you think, as a business owner, it would be a negative for the economy?\u2019 Here is Warren Buffett again answering that question.<\/p>\n

BUFFETT: I think the secret ballot\u2019s pretty important in the country. I\u2019m against card check, to make a perfectly flat statement.<\/p>\n

RUSH: Warren Buffett opposed to President Obama on a fundamental, foundational issue, right? Yet, he\u2019s a big supporter of Obama. Then Warren Buffett had this to say about cap and trade, which is a massive tax increase.<\/p>\n

BUFFETT: Anything you put in that effectively taxes carbon emissions is… Somebody\u2019s going to bear the brunt of it. In the case of a regulated utility, the utility customers are gonna pay for it. I mean, it\u2019s going to become, in effect, a tax. (chuckles) I think we should get the economy straight. I think job one, job two, and job three is the economy.<\/p>\n

RUSH: Well, see, he\u2019s disagreeing with cap and trade there because somebody is gonna bear the brunt of it. Guess who? The middle class. The very people Obama claims to have all this love and adulation for, the people are going to be helped? They\u2019re the ones hurt. So Warren Buffett here, let\u2019s see. He\u2019s against card check. He\u2019s against cap and trade. This next one\u2019s quite interesting. The question is from a viewer in Connecticut. ‘What are your thoughts on the president openly criticizing the use of corporate jets by CEOs, considering the fact that Berkshire Hathaway owns NetJets and that some of the CEOs are your largest clients?\u2019<\/p>\n

BUFFETT: I do have a — a — a dog in this fight. (snickering) So put me down as biased, but I — I do think — I use a jet both personally and with business. I mean, I have my own things I pay for, but I use it in business. Berkshire has been better off by me having a — a plane available to go and do deals or whatever it may be. I think it\u2019s a big mistake to start demonizing anybody in this game. I — I just think that it — it causes the American people to look backwards, and we don\u2019t want villains.<\/p>\n

RUSH: What\u2019s going on here? Here\u2019s Warren Buffett. So far now, he\u2019s disagreed with card check, he has disagreed with cap and trade, and now he\u2019s disagreeing with Obama on the basis that Obama\u2019s demonizing CEOs. Warren Buffett does own NetJets — time-share purchase for jets, if you want — and he says I use mine personally and for business, and I pay for it myself. Well, I\u2019ve been able to go do deals. My shareholders need me flying around doing things for them, so I think it\u2019s wrong to villainize these people. These are profound disagreements from one of the smartest men in the world who voted for Obama, and then he said this about the war, the economy as a war.<\/p>\n

BUFFETT: Job one is to win the war. Job — the economic war. Job two is to win the economic war, and job three. And you can\u2019t expect people to unite behind you if you\u2019re trying to jam a whole bunch of things down their throats. I don\u2019t think anybody on December 7th would have said that a war is a terrible thing to waste and therefore we\u2019re going to try and ram through a whole bunch of things. It\u2019s just a mistake, I think, when you\u2019ve got one overriding —<\/p>\n

RUSH: Whoa, whoa, whoa!<\/p>\n

BUFFETT: — objective to try and muddle it up with a whole bunch of other things.<\/p>\n

RUSH: Whoa! Fixing the economy should take precedent over all other initiatives? He doesn\u2019t like this notion of ‘a crisis is a terrible thing to waste\u2019? So here are four profound disagreements from Warren Buffett on the economy with President Obama — and then, after all of that, Warren Buffett said this about Republicans.<\/p>\n

BUFFETT: The minority has… They really do have an obligation to support things that, in general, are clearly designed to fight the war in a big way. Republicans have a — an obligation to regard this as an economic war and to realize you need one leader and — and in general support of that. But I think that the Democrats — and I — I voted for Obama, I strongly support him, and I think he\u2019s the right guy, but I think they should not use this… When they\u2019re calling for unity on a question this important they should not use it to roll the Republicans.<\/p>\n

RUSH: Um, somebody want to explain that to me? It sounded like a two-pronging answer but basically Warren Buffett, after offering four profound areas of disagreement on the economy, then says (summarized), ‘We need support the guy anyway, but the Republicans should not be rolled. I mean, the Democrats ought not be mean to the Republicans but the Republicans ought to support this anyway.\u2019 Now, folks, this is what you call the absence of leadership. Here is a man, Warren Buffett, who clearly knows what\u2019s right and wrong for this economy, but will not stand up for it. (big sigh) I\u2019m The Last Man Standing. I raise my hand.<\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: Let\u2019s see, Mark in San Antonio, I\u2019m glad you called. Hello, sir.<\/p>\n

CALLER: Good afternoon, Rush. Lone Star dittos from the great state. I just wanted to comment on Mr. Buffett —<\/p>\n

RUSH: Yeah.<\/p>\n

CALLER: — four points of contention with President Obama. Should we expect to see headlines tomorrow that Mr. Buffett wants President Obama to fail?<\/p>\n

RUSH: No, because he didn\u2019t say it. He didn\u2019t say it, see? This is my point. He doesn\u2019t want Obama to succeed with any of this, but then he stops and doesn\u2019t lead anybody to say, ‘I\u2019m right. You should agree with me on this. I\u2019m the smartest business guy in the world. That\u2019s my image; that\u2019s why I\u2019m on this television show on CNBC. Card check is a bad idea.\u2019 All these other things, villainizing CEOs and corporate jets, that\u2019s a bad idea. Cap and trade, the carbon tax, are bad ideas, but you need to support Obama. That\u2019s helping nobody.<\/p>\n

CALLER: Absolutely not. It sounds like the most ridiculous line of thinking, and of course being in the position Buffett is in he\u2019s used to talking out of both sides of his mouth at times. But people who want Obama personally to succeed and get whatever he wants and tries to divorce that from policy issues? It doesn\u2019t work, makes no sense at all.<\/p>\n

RUSH: Well, you know, I\u2019ll tell you how this whole ‘fail\u2019 business is being spun. It\u2019s being spun in a way that\u2019s grossly inaccurate and incorrect. I don\u2019t personally hate President Obama, but, I\u2019ll tell you what. The left in this country that wanted George Bush to fail, personally reviled him. To this day they personally revile him. The things they said — and there were elected Democrats echoing and repeating the things they said — it was a personal, visceral hatred for George W. Bush. They wanted him to fail. They wanted the US military to fail. They wanted everything about the Bush administration to fail, including the war in Iraq and the war on terror. I have no personal animus toward President Obama. Mine is purely about policy and issues and a country that I dearly love that I see being transformed before my very eyes — and nobody, or very few, are willing to stand up for it. <\/p>\n

It\u2019s just sort of mystified in a way that, while a lot of people see what\u2019s happening, they don\u2019t have the guts to stand up and say, ‘Stop.\u2019 This is not good for us. This is not what this country is all about. This is not what presidents swear an oath to do. Presidents swear an oath to defend and protect the Constitution, not to remake the country in their own ideological or personal image, which is what\u2019s happening here. What Buffett\u2019s comments indicate to me is the smart people know what\u2019s going on. They really do know what\u2019s going on, and they\u2019ll gladly articulate their opposition to something. But they won\u2019t lead in the opposition to it. So articulating it doesn\u2019t have much impact, especially if you articulate your opposition what\u2019s happening on fundamental issues like Buffett did and then say the Republicans have a duty to support this, support the president. Well, hell\u2019s bells! The two don\u2019t go together. They defy logic. So once again, it is why I, El Rushbo, raise my hand and say, ‘I\u2019m The Last Man Standing.\u2019<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Here\u2019s Warren Buffett on CNBC today. BUFFETT: I think the secret ballot is pretty important in the country. I\u2019m against card check, to make a perfectly flat statement. RUSH: That\u2019s Warren Buffett disagreeing with President Obama. Warren Buffett was on CNBC Squawk Box, the co-hosts Becky Quick and Joe Kernen were interviewing Warren Buffett, […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"\nBuffett: Obama is Wrong, but Republicans Should Support Him - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/live-rush-limbaugh.pantheonsite.io\/daily\/2009\/03\/09\/buffett_obama_is_wrong_but_republicans_should_support_him\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"Buffett: Obama is Wrong, but Republicans Should Support Him - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: Here\u2019s Warren Buffett on CNBC today. 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