warren buffet endorsed obama...

itsmeeeeeee · 05-19-2008, 12:51 PM

that's all. carry on.

DanS. · 05-19-2008, 12:52 PM

nifty.......that's all carry on.

guest1234567 · 05-19-2008, 01:00 PM

I hate to dampen your spirits, but he is really just supporting a Democrat. He offered help to both of them, and now that the writing is on the wall, he is only picking Obama because he doesn't want McCain.

RTÉ Business: Billionaire Buffett backs Obama for president

Quote:

Billionaire Buffett backs Obama for president
Monday, 19 May 2008 18:07
Warren Buffett, the world's richest man, is backing Barak Obama for US president and thinks current US economic policy will push the dollar lower against other global currencies.

Buffett said he had offered support to both Obama and Democratic rival Hillary Clinton but that since it appeared Obama would win the party's nomination, 'I will be very happy if he is elected president. He is my choice,' he said.

Commenting on the US economy, the 77-year-old investor known as the 'Sage of Omaha', stressed that the country's fiscal, monetary and trade policies were of great importance.

I think that the US has followed and is following policies which will cause the US dollar to weaken over a long period of time,' he added.

After voicing support for Obama, Buffett noted the US economy has managed to do 'awfully well' despite a depression, two world wars and many financial crises.

'I think the US will do fine over time, if either the Republican or the Democrat gets elected, but I strongly prefer that it be the Democrat,' he added.

Buffett also said he thought the US would continue to face fallout from the credit squeeze that had been set off by a housing crisis that exposed practices of unrestrained lending to people who were ultimately unable to repay their mortgages.

Buffett, who heads up Berkshire Hathaway, a holding company with 76 businesses, said he was ready to add one or two more, on condition they were well-run and had annual pre-tax earnings on the order of $78m, he added.

Most of his companies are in the US but after investing in the Israeli industrial group Iscar, he said he was visiting Germany, Switzerland, Spain and Italy to spread the word that Europeans were welcome to give him a call too.

DanS. · 05-19-2008, 01:10 PM

He's the "Oracle of Omaha"....

slowhand · 05-19-2008, 01:23 PM

Wow!..And I had him tagged as a McCain man..That is all

Mithrall · 05-19-2008, 01:26 PM

Well Haim Saban has endorsed Hillary.... in his own special way.
Superdelegates Turned Down $1 Million Offer From Clinton Donor - Politics on The Huffington Post

DanS. · 05-19-2008, 01:37 PM

Quote:

Originally Posted by slowhand

Wow!..And I had him tagged as a McCain man..That is all

NAw....he's a Democrat.

itsmeeeeeee · 05-19-2008, 04:07 PM

Quote:

Originally Posted by guest1234567

I hate to dampen your spirits, but he is really just supporting a Democrat. He offered help to both of them, and now that the writing is on the wall, he is only picking Obama because he doesn't want McCain.

RTÉ Business: Billionaire Buffett backs Obama for president

well, that works for me!!!!

ya gotta admit - he's got a pretty good track record at picking winners!

BillCosby · 05-19-2008, 04:09 PM

Quote:

Originally Posted by guest1234567

I hate to dampen your spirits, but he is really just supporting a Democrat. He offered help to both of them, and now that the writing is on the wall, he is only picking Obama because he doesn't want McCain.

RTÉ Business: Billionaire Buffett backs Obama for president

Gee why wouldn't he want a repub..???

mcbush must be pretty bad if the richest (or one of) capitalist in the country knows he sucks............

DanS. · 05-19-2008, 05:40 PM

Quote:

Originally Posted by BillCosby

Gee why wouldn't he want a repub..???

mcbush must be pretty bad if the richest (or one of) capitalist in the country knows he sucks............

It has less to do with hating McCain and more to do with the fact that he is a Democrat.

05-19-2008, 12:51 PM	#1 (permalink)
itsmeeeeeee punk nun Mahjong Connect Champion! Join Date: Nov 2007 Location: 53 miles west of venus Posts: 4,028 My Mood: Blog Entries: 3 Thanks: 228 Thanked 773 Times in 466 Posts	warren buffet endorsed obama... that's all. carry on. __________________ "NEVER underestimate the Democrat's ability to snatch DEFEAT from the jaws of victory."
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05-19-2008, 12:52 PM	#2 (permalink)
DanS. Administrator Join Date: Aug 2007 Posts: 7,454 My Mood: Thanks: 99 Thanked 188 Times in 137 Posts	nifty.......that's all carry on.
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05-19-2008, 01:10 PM	#4 (permalink)
DanS. Administrator Join Date: Aug 2007 Posts: 7,454 My Mood: Thanks: 99 Thanked 188 Times in 137 Posts	He's the "Oracle of Omaha"....
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05-19-2008, 01:23 PM	#5 (permalink)
slowhand Senior Member Join Date: Aug 2007 Posts: 3,600 Blog Entries: 1 Thanks: 59 Thanked 92 Times in 58 Posts	Wow!..And I had him tagged as a McCain man..That is all
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05-19-2008, 01:26 PM	#6 (permalink)
Mithrall Senior Member Join Date: Mar 2008 Posts: 687 Thanks: 77 Thanked 108 Times in 63 Posts	Well Haim Saban has endorsed Hillary.... in his own special way. Superdelegates Turned Down $1 Million Offer From Clinton Donor - Politics on The Huffington Post
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