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Will Warren Buffett be appointed Secty of Treasury by President Obama?

Settled as No

Timothy Geithner nominated officially by President Elect Obama. This market can be resettled if an unforeseen problem arise during confirmation process.

Background:

Who will be Obama's Treasury Secretary?


Settlement details: As reported by a major mainstream news source.

 
Forecast history, %
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Settled

Yes
3%
No
97%
Activity: H$88,064
Settled as No on Mon 24th Nov 10:44am PST

Suspend date: Fri 27th Feb 2009 3:59pm PST (12 weeks to go) Settlement date: Mon 24th Nov 10:44am PST

Initial likelihoods: Yes: 76%

Action history:

Created Thu 9th Oct 5:20pm PDT by nadine_dr_computer
Changed Question text Fri 10th Oct 4:48pm PDT by ryanj[Admin]: ... be appointed Secty of Treasury/?
Suspended Mon 24th Nov 8:58am PST by jenniandboys[Admin]: Suspended pending settlement
Settlement requested Mon 24th Nov 8:58am PST by jenniandboys[Admin]: pending announcement (market suspended)
Settled as 'No' Mon 24th Nov 10:44am PST by destry[Admin]: Timothy Geithner nominated officially by President Elect Obama. This market can be resettled if an unforeseen problem arise during confirmation process.

Suspend date: Fri 27th Feb 2009 3:59pm PST (12 weeks to go) Settlement date: Mon 24th Nov 10:44am PST
more info...

 

Predictions (74)

74 predictions

1 week ago
jenniandboys[Admin] predicted No (H$10,000 at 96%)
1 week ago
colins_pride predicted No (H$500 at 95%)
1 week ago
andrewpmk predicted No (H$9 at 95%)
1 week ago
andrewpmk predicted No (H$20 at 95%)
1 week ago
destry[Admin] predicted No (H$4,000 at 94%)
more

Comments (57)

Warren Buffet would probably be the best addition to the government since Bush. He is smart, he probably knows more about the economy than anyone else alive, however unfortunetly he is supporting Obama. Clearly there must be something wrong with his head! Delirium setting in a couple years early is my guess.
posted 7 weeks ago
  2 mork[Power User]
Why is Bush now to referred to as "Lame Duck"?
posted 7 weeks ago
Probably because he is a scapegoat for the fools at the democratic congresses failures. Even if this bailout fails its not his responsibility. It would be the treasurys or the congresses fault for proposing or passing a faulty bill.
posted 7 weeks ago
  4 mork[Power User]
Bush IS a Lame Duck due to Democracy alone.
posted 7 weeks ago
And by lame duck you mean?
posted 7 weeks ago
  6 mork[Power User]
Comparing Warren Buffet to Bush is quite a stretch. If Buffet ever borrowed money from bin laden's banker (not that he would ever have stooped so low) he wouldn't have screwed it up.
posted 7 weeks ago
  7 mork[Power User]
Lame Duck = as close to powerless an American President can be.
posted 7 weeks ago
The relationship between Buffet and Bin Laden is..... loose at best. Bin Laden was seen as a good alternative to using US troops. It was less of a relation between Bush and Bin Laden and more of a relation between Bin Laden and the US government.
posted 7 weeks ago
  9 mork[Power User]
Bush's original relationship with associates of bin laden had nothing to do with the US government. Buffet has never had a relationship with associates of bin laden.
posted 7 weeks ago
Im not criticizing Buffet. Buffet is a good man. However let me remind you that Bush, (and McCain for that matter) never had any connection with the weathermans. Or a anti white church. You want to mention a shady history how about Obama? And Bush and Bin Laden didnt really have a direct relationship. It was a connection between the two of there familys if i remember correctly.
posted 7 weeks ago
  11 mork[Power User]
Actually McCain recently formed a very strong alliance with a woman who provided support (with in the last year!) for a group who wants to literally remove a state from the union. That groups rhetoric is as disturbing. I very much doubt that Obama's discussions with Ayers ever included anything about destroying the Union.

Reverend Wrights church is not anti-white but rather anti--anti-black or rather, anti-racist.

Bush's relationship was with bin laden's banker. If binladen was a banker he probably would have dealt with him directly.
posted 7 weeks ago
  12 mork[Power User]
My original point was that your comparison of Bush and Buffet is an insult to Buffet.
posted 7 weeks ago
Well you broke off by insulting Bush, bush who is a man of character and principles. And i dont think Reverend white is anti racist. Considering he called Obama a few racist words when he was caught on tape. "talking down the black man" I believe he said. Seems to me thats pretty racist.
Im not really sure what you mean by strong alliance with a women who provided support for a group who wants to literally remove a state from the union but i gaurentee you, what the weatherman wanted to do was much worse.
Bush is a successful president by most standards. Most current problems that are not directly part of the war is the senates responsibilty and you should probably direct any failures on there part to the democratic party.
posted 7 weeks ago
  14 mork[Power User]
Bush should have never went to iraq. That's where most of the problems of today's situation lie. 7 years after 911 and still fiddle farting around in Afghanistan and trying to figure out how to close the door on Iraq after realizing it should have never been opened in the first place.

The stock market and credit crisis can be blamed on nothing other than corporate greed and the allowance of politicians to be getting ass kissed by lobbyists everywhere they go. Until you guys sort out that problem I'm afraid the situation is going to continue to fail.
posted 7 weeks ago
  15 mork[Power User]
it wasn't Wright that said that it was that other black guy...anyway.... using an example of a black man taking shots at another black man as an example of racism seems like another stretch to me.
posted 7 weeks ago
  16 Erik
mork, you belong in Canada.
posted 7 weeks ago
So your saying we should have ignored a direct threat to the american people! Risked the lives of innocent civilians because you dont want to have to pay a little extra! Tell me, how many people are going to die because of the iraq war? Now tell me how many would die if we hadnt attacked and they had w.o.m.d.s? I admit they didnt however every threat should have an immediate response. Plus this will act as a detterant to countrys who would risk attacking us knowing that the same thing that happened to iraq could happen to them.
posted 7 weeks ago
  18 Erik
...or maybe France.
posted 7 weeks ago
Are you saying that a black man cant be racist about another black man? That seems awfully racist of you mork :)
posted 7 weeks ago
  20 mork[Power User]
What direct threat? There was no WMD! If hubdub were around at that time I could prove that even I could have told you that in 2003. America will soon be weaker than ever due to overstretching and that is not going to be much of a deterrent.
posted 7 weeks ago
  21 mork[Power User]
Thanks Erik. We as Canadians are proud of the fact we stood up and won when America wanted to expand their border north.
posted 7 weeks ago
So we should have ignored the threat of a WMD? I dont care if there is only a small chance of it being there every threat to the american people should be investigated! Dont you agree?
posted 7 weeks ago
  23 mork[Power User]
I'm sorry but two black guys talking black race issues amongst themselves <- none of my business
posted 7 weeks ago
  24 curios
just forget it mork. dragon is only trying to stir you up
posted 7 weeks ago
And yet the us government is your business? Pretty fickle.
posted 7 weeks ago
  26 mork[Power User]
The list is too long dragon. That's why aggression was not a reasonable option.
posted 7 weeks ago
  27 mork[Power User]
What happens in the US has a major impact on Canada and most other places in the world for that fact. We cannot be not involved.
posted 7 weeks ago
I agree the list is long. Thats why a deterant was so neccessary! Let me put it to you this way,
Ever since the invasion we havent:
1: been attacked my a nuclear missle
2: Had an invasion on us soil
3: Lost a war
4: Had a wmd endanger us lives
Coincidence? I think not.
posted 7 weeks ago
Same for canada! While you may not suffer our losses you do benefit from our gains! That list spreads to you to!
posted 7 weeks ago
  30 mork[Power User]
1.) N.Korea feels the same way because of their foreign policy
2.) See 1. and we aren't interested.
3.) If Iraq ends with America broke... one could argue you lost.
4.)There were no WMD
posted 7 weeks ago
  31 mork[Power User]
Losses cross the border as well. Check our TSX this week.
posted 7 weeks ago
3: America isnt a corperation. It cant go "broke". We make the money therefore we cant be broke. If the situation ever came that we had to much debt we simply do what france did and what spain did. We up inflation rates by printing out more money and make our debt much easier to pay off. Im not saying thats a good alternative im just saying thats why we cant go broke.
1 & 2: North Korea is well on its way to being a peaceful country and is dismantling its nuclear weapons programs. Tell me how thats not progress!
4: But there was the threat of a WMD and we cant risk not following up on that chance.
posted 7 weeks ago
Well losses dont just cross borders. They cross oceans. And that has nothing to do with the iraq war. That has to do with government regulation (spearheaded by people like Barack Hussien Obama) forcing banks to give loans to people who couldnt pay it off. You want to blame someone for that blame the democratic party.
posted 7 weeks ago
  34 mork[Power User]
The threat was non-existent...North Korea is Barely on its way...Broke is a figure of speech (you know what I'm talking about.)

We're starting to talk circles here Dragon. We won't change each others opinions.
posted 7 weeks ago
I'm begining to think its impossible to change anyones mind. Lets just agree to *cough*agree that its the democratic partys fault*cough*. Ok?
posted 7 weeks ago
  36 curios
dragon (i have a dream) you are a racist of the worst type
posted 7 weeks ago
  37 mork[Power User]
My Dad told me 40 % of American voters vote Rep because thats what their family has always done. Another 40% vote Dem for the same reason. And 20 % show up to call the shot....I'm starting to think he must be right.

Cheers dragon. g'nite
posted 7 weeks ago
Is that so? And why is that?
posted 7 weeks ago
  39 mork[Power User]
dont worry about him curios he just trying to wind you up
posted 7 weeks ago
Hey heres a crazy idea! Lets both change to independents! That way we call the shots without upsetting the natural order!
posted 7 weeks ago
  41 mork[Power User]
I think its your 2 party system. I always sense of strong partisan emotional attachment. We have it here too but another dimension of strategic voting exists and people use it. A larger portion of our population will regularly switch their vote based on their candidate or issues as opposed to what party they are with.
posted 7 weeks ago
Well i guess that makes sense. After all canadas crazy. I remember last time i was there there was this entire section of the city where these homeless people and beggers would all try and sell or buy a bunch of stolen goods! It was insane! There were people screaming stuff like "I got a bike here 20$!" and "Anyone got any oxycotten?" Then there were these people, walking around looking like zombies totally drugged out! You have an explanation as to why these areas arnet being swarmed by police officers?
posted 7 weeks ago
  43 mork[Power User]
I like Ron Paul.
One thing I can say is that the discussions and questions on this site have helped me gain some understanding of your system, for which I am grateful. This campaign has been interesting but I am thankful ours doesn't go on for as long. ;) We are, I think, five weeks into ours and the previous 5 weeks have become completely irrelevant due to the financial crisis. One week to go...
posted 7 weeks ago
Thats an interesting way of looking at the elections. Get them over with fast. However this race for america is way past Barack Obama and John McCain. Everyone knows that the powers of the president are so limited they dont have any power of the current economic situation. No its more about figuring out how powerful, despite all the claims that bush has killed the republican party, the right wing still is. And if McCain wins then basically all these claims against bush are innacurate. And if obama wins then, well, the democratic congress has succeded in painting bush as a scapegoat for congresses failures.
posted 7 weeks ago
  45 mork[Power User]
That's Vancouver's east end I think, The rest of the town is beautiful....Because they are just gonna get outta jail and do the same thing....We have to focus our resources on busting dope smokers for Ron and Nancy.

The problems you speak of are treated more as a health issue than criminal. It seems to work in Europe but it takes a long time. Hollands drug use for example is now decreasing.
posted 7 weeks ago
Yeah it was! Good guess! However i dont think its a health issue. I think stealing is a criminal issue no matter what the motivation. As for Holland, the situation they have over there is both wierd and sick. Legalizing drug use when it can be prevented is wrong is so many ways of the word. Now im all for small government however at some point they have to step in and say "No, we will not let you kill youself!" Right now they are taking the cowards way out. Allowing drug use at any level that it can be prevented is twisted. I dont care how long it takes its to long. What if a child sees this? Will he see that it is ok to do that? The only time a child should see that is when there being shoved into the back of a police car.
posted 7 weeks ago
Great discussion. But it belongs in http://www.hubdub.com/e/Forum/General_chat_7 If someone is trying to ask a question about the actual question-market, they shouldn't have to wade through 47 posts to ask their question. If you want to continue this discussion, start a thread in General Chat and then link to it here. Everybody wins.
posted 7 weeks ago
Not me. I have to spend the extra 30 seconds going to the forum as opposed to going here. Any anyone who has an opinion about this should see that it has already been covered in the 48 posts.
posted 7 weeks ago
  49 mork[Power User]
Thanks Infernal
Sorry all. Will remember for next time.
posted 7 weeks ago
  50 kennyk
Sounds like a stretch to me. Although Warren could certainly afford the pay cut, why would anybody want a job where you are going to get blamed for every economic downturn, and nary a thank you when things go good???
posted 7 weeks ago
Mork! I am dissapointed in you! Very dissapointed! I cant believe you would do such a thing!
posted 7 weeks ago
No kidding. He does more good right now then he'd ever do under Obamas watching eyes.
posted 7 weeks ago
President Bush is Batman in The Dark Knight.

think about it.
posted 7 weeks ago
whoa.... sry infernal, i didn't catch that before I posted (I know this post just makes it worse)

: /
posted 7 weeks ago
I didnt watch the dark knight. But since the dark knight is the good guy i guess the analogy is correct.
posted 7 weeks ago
Warren buffet is a very successful man who has loved making money since he was 7 years old. There is one thing this man has not been able to do even tho he has made billions of dollars; put his name on the money. As Secty of Treasury he will have his signature on every dollar printed. For a man like warren that is a whole lot more important!
posted 6 weeks ago
Oh just a little food for thought here folks. The online book makers Warren buffet as Secty of Treasury has the most even odds..... might want to check that out. The gambling sites and bookmakers are usually much better at calling it than polls and newspapers.
posted 3 weeks ago

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