Defending the family

Wall Street Obama Backer Condemns President

President Obama benefited from Warren Buffett's endorsement during the campaign, said John Dickerson in Slate, but now Obama really needs the investment guru's help. Buffett told financial cable network CNBC that the economy has "fallen off a cliff" (watch the video) and that Obama needs to put other problems on the back-burner so he can focus on winning the economic "war." Obama would be wise to do as Buffett says.

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