Warren Buffett: Senator Warren Too ‘Angry,’ ‘Demonizes’ Wall Street


In ideology, Warren Buffett and Senator Elizabeth Warren have quite a bit in common. Senator Warren has made a name for herself for her strong beliefs about income inequality, class warfare and financial accountability for the so-called “job-creators.”

Warren Buffett, once the wealthiest man in the world, has pledged to give away 99% of his fortune through philanthropy. He’s one of the few on the Forbes 400 wealthiest list that middle-class Americans see as one of the good guys.

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So it came as a surprise to many when Buffett said in an interview that he wasn’t particularly a fan of Senator Warren’s methods, calling her attitude towards the wealthy and Wall Street “angry” and “violent.”

Buffet told CNBC:

I think that she would do better if she was less angry and demonized less. I believe in hate the sin, love the sinner, and I also believe in praising by name and criticizing by category.

Buffett’s comments, while a bit obtuse, speak to a culture of “it’s OK to stereotype as long as you’re willing to dismiss that stereotype to assess the individual.” Senator Warren is an advocate of holding those responsible for the subprime economic crisis personally responsible. She clearly dislikes the sinner as well as the sin.

Buffett Continued:

I think it’s a mistake to get angry with your, with people that disagree with you. In the end we do have to work together… And it does not help when you demonize or get too violent with the people you’re talking to.

It may be a bit easier for someone like Warren Buffett to have a conversation with the head honchos of Wall Street than it would be for a progressive U.S. Senator looking out for the little guy. While Warren Buffett can most likely schedule lunch to air his grievances, Senator Warren is more likely to deal with a firm’s underlings or worse… a lobbyist.

“Think Progress” did an interesting angle of this story where they hinted at a bit of misogyny on Buffett’s part. That may very well be true. It’s a given that while a strong woman can be perceived as “bossy,” a man with the same qualities is considered a “leader.”

Buffett recently gave his first personal donation to a political campaign with a $25,000 check payable to “Ready for Hillary.” That also may leave his comments open to interpretation on political grounds. While Warren has said she won’t run for President, many progressives would love for her to change her mind.

No matter what the intent, Senator Warren isn’t likely to change her posture towards those that are determined to destroy the middle class of America, and for that she should be proud.

H/T: Think Progress | Image: Warren Buffet Strategies

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