Monday, March 9, 2009

Is Warren Buffett Subtly Piling on Top of the Criticism of Geithner?

Buffett said this morning on CNBC that the Obama team is sending mixed some signals about its approach, hurting consumer and market confidence.

"The message has to be very, very clear as to what government will be doing," Buffett said. "And I think we've had, and it's the nature of the political process somewhat, but we've had muddled messages and the American public does not know. They feel they don't know what's going on, and their reaction then is to absolutely pull back."

Is this another attack, though subtle, on Treasury Secretary Geithner, who has been the point main on getting the "rescue" message out?

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