Blame Buffet

Lorne Gunter, National Post:

In his piece in the Times, Mr. Buffett goes out of his way to blame current federal overspending on efforts made “last fall” to avoid a Depressionlike run on banks and other financial institutions.

Why “last fall”? Because back then, George Bush was still president.

And why stick president Bush with blame for the ballooning U. S. debt? Because Mr. Buffett is a key economic advisor to current President Barrack Obama. Indeed, he is so close to Obama that some within the Obama camp have credited Mr. Buffett’s endorsement of candidate Obama last summer with giving the former Illinois senator the credibility he lacked on economic issues.

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