The biggest jackass on CNBC today was Media and Technology Editor Dennis Kneale who posed the following question to Vice-President Joe Biden's chief economic advisor, Jared Bernstein (at the 2:10 mark of the video): "Warren Buffett had kind of a tacit little warning for Obama, the president that he supports and he gave advice to during the campaign He said first of all, the economy is priority one, two, and three, that’s the major thing that he should be focusing on. The economy is tha major thing that he should be focusing on. And yet Obama has launched this major health care reform. He’s going after alterative energy even though we’ve been subsidizing solar for thirty or forty years. It sounds like Buffett is almost trying to get a new message out there to Obama saying slow down 'Slow down and get back to the economy and the banking system.' What do you think?"
What I think is that Kneale is a liar.
In fact, Buffett expressed unswerving support for Obama saying that he was "very very smart" and that he was "the right President" for "the right country" and that he had "exactly the right goals." Buffet did say that he didn't think that Obama should try to get everything right away, but declined to identify any programs that should be deferred. It was Kneale who was criticizing health care reform and alternative energy, not Buffett. Rather than trying to send Obama a "new message," Buffett said "I don’t think it’s a good idea to use CNBC to talk to the President."
Kneale's take on Buffett was echoed by the rest of CNBC's hacks all day long. No one seemed to hear any of the positive things that he had to say about Obama. The only heard him say that the economy had to take precedence.
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