Warren Buffett: Cowboy Up and Buy American. I Am.

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With what cash?

it's great Warren thinks this is a buying opportunity. But in May of 2007, Warren was aslo reassuring investors that stocks weren't overpriced.

So if stocks weren't too dear, it's logical to conclude we were more or less invested. Where is this "magic pile of cash" we're supposed to put to work now that stocks have come off 30 percent from levels Mr. Buffett deemed not overpriced?

MR of MD of @ Oct 18, 2008 13:20:12 PM

$2300..Instead of guessing- do the research.

Why not check into Palin- you'd be surprised. She helped turn the Maverick McCain-

"desparate". Also check out Buffetts credentials. You'd be amazed.

Connie of MN @ Oct 18, 2008 11:25:58 AM

"3) Buffett advises Obama, and I hope the Democratic nominee takes the mental leap and concludes that one way to help our entitlement system provide a better return is by putting dough in the market. What a buying opportunity!"

This is a key point. In 1935 the Dow was around 250 points. One year ago, the dow was at 14,184. Just imagine if the Social Security was invested in the stock market backed by Treasury Securities.

Chris of AZ @ Oct 17, 2008 18:57:10 PM

Donations

The legal limit for an individual to give to a campaign is $2300.

Brendan of CT @ Oct 17, 2008 16:57:54 PM

Donations:

That's my point! What's the limit per contributor? Something like $2250.00. I'm guessing he contributed millions.

MT of NY @ Oct 17, 2008 14:28:56 PM

Donations:

One Dollar was too much...!

of @ Oct 17, 2008 14:00:06 PM

Donations.

How much money do you think Warren Buffett donated to the Obama campaign?

Matt Tucker of NY @ Oct 17, 2008 13:32:44 PM

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Capital Commerce

Capital Commerce

U.S. News business reporter Matthew Bandyk examines the issues, people, and debates that shape the nexus of political and economic life in the nation's capital.

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