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Warren Buffet Backs Obama For President

Buffet Obama

First Posted: 5/27/08 Updated: 5/25/11

AFP:

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 told a press conference here Monday 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.

Read the whole story: AFP

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06:35 AM on 05/21/2008
see? obama has WIDE appeal...b­illionaire­s from soros to buffet simply LOVE him!
09:47 AM on 05/21/2008
Can't Huffington Post get their story straight. Buffett said he was for both of them, but it looks like Obama is going to win and he would support him. hypocrites all of you.
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Marlyn
Always wrong, but never in doubt.
11:08 PM on 05/20/2008
But...but.­...I thought the richest man in the world lived in MEXICO!
05:10 PM on 05/20/2008
But...but.­...I thought democrats hated the rich?
01:49 PM on 05/20/2008
Gee, I just read from a major news source, that Buffett said he would be glad to support either candidate in the general election, and that he is not saying who he supports in the primary.

Now, just look at the misleading headline of this unrespecta­ble article.

This is another example of how the Huffington Post puts on as much spin as Fox News.

You want change!? Well, where is it?!
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HUFFPOST COMMUNITY MODERATOR
Sabreen60
03:50 PM on 05/20/2008
I don't know what you read, but the following is from the HuffPo article:

Buffett told a press conference here Monday 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," Buffett said.

Can't get much clearer than that. If you have another article that says something different, please provide the link.
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HUFFPOST SUPER USER
RedBirdy
10:24 AM on 05/20/2008
READ the full text, folks. Buffet has offered support to Clinton and Obama and said he'd rather see a democrat in office, and he would support the chosen nominee. IT wasn't a sound, ringing endorsemen­t for a candidate, just support for the party in general. Oh, god, Huffpo, you're like little school kids with a crush.
10:55 AM on 05/20/2008
Oh Red Birdy - you are like a vulture...­in for the kill even if the road kill is another vulture...­.Senator Obama IS the Democratic Presidenti­al Nominee. Warren Buffett and I will vote for Senator Obama....t­he real question is whether or not YOU will.....

BTW, this true liberal gay man voted for Bill Clinton gladly in 1992 and holding my nose in 1996...and I voted Gore in 2000 gladly and Kerry while holding my nose in 2004. It is time for the DINO, DLC and Yellow Dog wings of the Democratic Party to join progressiv­e, populist and liberal Democrats, progressiv­e Republican­s and Independen­ts, and stop W or McCain from a third term.
10:13 AM on 05/20/2008
This is not an endorsemen­t for Obama. Typical of Huffington Post garbage headlines. Buffett has campaigned with Hillary and he is just saying he will support the nominee. You guys are worse than Fox.
10:52 AM on 05/20/2008
NO comments are worse than those on Fox noise, a propaganda machine if there ever was one.

You are damned right we are "like school kids", and yes, we are so excited that there may finally be an end to the BushCo regime, only 278 days, unless they decide to suspend elections, or start a new war somewhere. I put nothing past them. We must steel out the rest of the year suffering from their garbage policies--­more like frivolitie­s.

Obama, Clinton, either one would be acceptable­.

Somebody finally put a big nail in the overblown balloon of the Republican Party. Not a moment too soon as they continue to dismantle the Constituti­on and instate Nixon's idea of the Imperial Presidency­.

Rjean, the worst three candidates ever? You seem to have a perception problem. No one good enough for you, why don't you run?

What amazes me is that there are still people who call themselves Republican­.
05:00 PM on 05/20/2008
What amazes me are people who are "amazed" that others might actually think differentl­y than they do.
09:32 AM on 05/20/2008
The people who work the least acrue all the income. People who work the hardest die broke and depressed.

Isn't Capitalism great?
07:28 AM on 05/20/2008
He said on CNBC in an interview with Becky Quick he liked all 3 candidates­. He said we have a good choice of candidates this time and he was initially for Hillary but liked Obama and McCain.
08:21 AM on 05/20/2008
that just shows how stupid buffet is...we have three of the worst candidates ever....if you overlook john francois kerry and al gored.....­..
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HUFFPOST COMMUNITY MODERATOR
shockmagog
09:37 AM on 05/20/2008
C'mon, still upset Huckabee didn't get the nomination­?
05:27 AM on 05/20/2008
I'm not all that wild about rich people. But Warren has done great things for others with his wealth, and I admire him for it.
06:05 AM on 05/20/2008
(I'm not specifical­ly replying to this comment, but I'm not currently able to post a comment unless it's in the form of a reply.)

Warren Buffet and I have something in common: we are both willing to take a financial "hit" in order to see Barack Obaba elected President of the United States. I am heavily invested in ExxonMobil and ConocoPhil­lips through a portfolio left to me by my mother. Although I could vote my pocketbook and go with McCain, I think it is important enough to this country that Obama is elected president that I will accept his pledge to seek a windfall profits tax on "Big Oil."
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HUFFPOST COMMUNITY MODERATOR
PAposter
Radical Progressive
07:02 AM on 05/20/2008
I admire you selflessne­ss, but if you are as smart an investor as I think you are, you will move your assets in a timely manner. I mean all of you investors have been a big "heads up" on your oil stocks.

Just wondering, why can't you post?
10:11 AM on 05/20/2008
Wow! This was courageous­. Thanks for the comment.
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HUFFPOST SUPER USER
GayGrandpa
02:32 AM on 05/20/2008
THERE YOU HAVE IT, FROM THE RICHEST TO THE POOREST...

me! Hey Warren Vavee need a painting??­?...oh please Gramps is struggling here...a little help! HELLO?

A recession is never a good time for the artist...b­ut on the other hand if there is one thing I CAN afford IT IS TO skip a meal. Support the arts...I am not necessaril­y saying me, but support your local artists if you can...thes­e are hard times! Don't forget your artist friends. Thanks. [www.bobbru­man.com]
03:25 AM on 05/20/2008
Who is editing, or 'not' at HuffPo these days? (Just when you were getting SO much better, from the days when you spelled 'fascism', as 'fashism' on the front page...) The richest man in the WORLD would be Carlos Slim, a Mexican. Do some research and correct your header...
04:41 AM on 05/20/2008
Actually Pythia, you ought to check your facts before opining on HuffPo. Carlos Slim was indeed the richest through March of 2008, but has since been superceded by the Oracle of Omaha.
FYI. :)
Yours sincerely,
(A Black Moderate/P­rogressive who was set to vote for McCain in 2000 but has been so off-put by 8 years of insanity that I'd vote for my pet beagle before voting republican in '08)
Obama/Webb 08!!!!!!!!­!
01:49 AM on 05/20/2008
bravo indeed!
i applaud warren buffet!
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HUFFPOST COMMUNITY MODERATOR
Indedave
12:56 AM on 05/20/2008
What a refreshing tableau: one great American recognizin­g the nascent greatness of another. Bravo, Mr. Buffett, bravo.
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HUFFPOST COMMUNITY MODERATOR
shockmagog
12:50 AM on 05/20/2008
Well, anyway, here's the National Debt Clock for your viewing pleasure:

http://zfa­cts.com/p/­461.html
08:20 AM on 05/20/2008
who gives a rats ass who he endorses..­....wont influence how i vote.....
HUFFPOST SUPER USER
schoolmaster
12:40 AM on 05/20/2008
This is after all expected. Obama mentioned Buffet's name umpteen number of times during his campaign which must be exhilarati­ng to Buffet.
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shothot
same, same, but different
01:12 AM on 05/20/2008
Don't be mad. we can use a man like Buffet. vote for Obama
01:28 AM on 05/20/2008
Smile....s­hothot....­....men like Buffet cannot be 'used'....­....lol
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HUFFPOST COMMUNITY MODERATOR
PAposter
Radical Progressive
12:23 AM on 05/20/2008
Thank you, Mr. Buffet, this endorsemen­t is very significan­t, it says a lot about Senator Obama, that you would invest in his success.

Obama/Amer­icans '08
12:38 AM on 05/20/2008
Fantastic Mr. Buffet! Keep up your support publicly!