Does Anyone Respect Warren Buffett Anymore?

If so, why? Here are his latest inane comments:

"I think it’s done a good job over the years. I think it’s had good leadership most of the time. I think it has terrific leadership now. And I think that curbing the independence of the Fed could lead to a lot of mischief."

Mexican Debt Crisis, Long Term Capital Management, Tech Bubble and the Real Estate Bubble. Followed by TARP, TALF, and the rest of the alphabetic nonsense that the Fed has created out of thin air in the last year. Who else really believes that these things are "terrific"? Sure, Lloyd Blankfein and Ken Lewis agree, but the rest of us who don't run over-leveraged hedge funds masquerading as banks think that we are being scammed and screwed. I put Warren Buffett in the same class with the rest of the banksters. And I am convinced that he will end up on the ash heap along with Goldman Sachs, B of A and Citigroup. Why? Because Berkshire Hathaway is dependent on cheap and easy credit. And one day it won't be possible or feasible to maintain the current credit system. It may be next month or it may be ten years from now (I doubt that it will take that long). But the path we are on is unsustainable. And when it falls apart, an organization which is dependent upon the leverage in the system that supports Wells Fargo, GEICO, General Re and Moody's.

Who really believes that if the financial Ponzi economy collapses and takes the above companies with it that the remaining businesses of Dairy Queen, Justin Boots and Clayton Homes will be able to survive without the access to cheap capital that the financial components of BRK provide? Is selling ice cream to boot wearers who live in manufactured housing a booming business plan? Take away the "aw-shucks" demeanor and what you have is another ruthless business exec who without government backstop would be severely impaired. One day we might wake up to a financial implosion or a killer storm or hurricane and the world that Warren Buffett knows may no longer exist. On that day, would Berkshire Hathaway?