Buffet on the socilistic bailout bill that CC blames on McCain:

Buffett warns Congress Lawmakers face "biggest financial meltdown in American history" if they don't act.

AMERICA'S MONEY CRISIS / CNN
   
(New York) -- Legendary investor Warren Buffett (Obama's "unbelievable friend" and "one of the people I listen to.")warned Congressional leaders Saturday night of "the biggest financial meltdown in American history" if they did not act to secure the financial system.

Buffett, by telephone, was consulted by lawmakers who were in marathon talks on Capitol Hill to forge a deal on the administration's $700 billion economic bailout plan, according to two sources.

One lawmaker in the negotiations said that the participants called Warren Buffett to get his help in gauging potential market reaction.

Congressional leaders said shortly after midnight Saturday that they had reached a tentative deal. Members of both parties and Treasury Secretary Henry Paulson were aiming to craft final legislation by Sunday evening -- in time for the start of financial markets around the world...