Warren Buffett Is Pretty Smitten With the Government


Warren Buffett penned a belated thank-you note to the government for pulling through and getting the country out of the economic crisis (wait, we're out already?). But to us, it sounded more like a love letter.

Only one counterforce was available, and that was you, Uncle Sam. Yes, you are often clumsy, even inept. But when businesses and people worldwide race to get liquid, you are the only party with the resources to take the other side of the transaction. And when our citizens are losing trust by the hour in institutions they once revered, only you can restore calm ... Well, Uncle Sam, you delivered. People will second-guess your specific decisions; you can always count on that. But just as there is a fog of war, there is a fog of panic — and, overall, your actions were remarkably effective.

I just feel really close to you right now, you know? Like you were just there for me — when it counted. Let's totally hang soon, okay? Dinner, maybe? We can see where it goes from there ...

Pretty Good for Government Work [NYT]