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Biz Buzz: Warren Buffett a Cheerleader - Arianna Huffington & Pompoms?

Nov 19, 2009

Arianna Huffington challenged Warren Buffett in her latest column, calling the billionaire a "cheerleader" and telling him to put down the Pompoms. She writes her comments from her observations from what she describes as a "CNBC town hall meeting with a group of Columbia business students," then comments on his visit with Charlie Rose the next night.
Warren Buffett Sees Financial Panic Behind Us (Image: WENN)
Warren Buffett Sees Financial Panic Behind Us (Image: WENN)

Huffington writes, "Buffett assured Rose "we'll create new jobs" because . . . well, because we always have. As proof, he pointed to the early '80s recession when unemployment was at 10 percent and people were deeply concerned about America's economic future."

***

"We've created millions and millions and millions of jobs since then," he said. "But, you know, who would have thought when Paul Allen and Bill Gates were in Albuquerque, you know, eating pizza and drinking Coke at 2 in the morning, you know, that they were a big part of our future."

From where does that next Microsoft emerge? It may be needed as unemployment is at a 26-year high of 10.2 percent. Read the full opinion piece here at Fox News 31 in Denver. Who is right on this one, Huffington or Buffet?


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