Arianna Huffington to Warren Buffett: Put Down the Pom-Poms and Tell Us the Truth About the Economy

[earth mom]

Warren Buffett: Put Down the Pom-Poms and Tell Us the Truth About the Economy

Arianna Huffington

Difficult times need wise men to tell difficult truths.

<snip>

All this pom-pom shaking would have been okay if it had been accompanied by some ideas -- any ideas -- for what steps need to be taken for "the American economy to come back." The assumption being that it would, somehow, just happen. That the rising tide of unemployment, foreclosures, and bankruptcies drowning so many Americans would, somehow, reverse itself. But the bout of truth-telling we so desperately need was absent.

<snip>

The media spotlight needs to move off Wall Street and the green shoots sprouting across the Dow's ticker and onto ways to turn the real economy around. It's not going to happen by clicking our heels together three times and saying "The American economy will come back... The American economy will come back... The American economy will come back."

We need Warren Buffett to put down his pom-poms and tell the president -- and the American people -- the truth about the economy.

http://www.huffingtonpost.com/arianna-huffington/memo-to-warren-buffett-pu_b_359899.html

FYI: Don't forget to check out some of the great comments on Huffington Post following this article.

[Sinti]

1. And he might say

it's working wonderfully well for me, thank you. Why fix what's not broken? It's only broken for the rest of us.

[earth mom]

2. It's ALL GOOD for the banksters, stocksters, insurance gamesters & the rest of corporate america.

:grr: