Warren Buffet Backs Obama For President

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

Comments

[nibblybits]

Let's not forget that the great Paul Volcker endorsed Obama a while back, while Greenspan who is responsible for the mess we are currently in, is a supporter of McCain. History will not judge Mr. Greenspan kindly.

[kay]

Finally. I wish the discrediting of Greenspan would accelerate.

As far as I'm concerned, there are Greenspan-­worshipper­s and rational people.

Clinton also gave a big hearty shout-out to Greenspan. What's wrong with her?

[LulaB]

I just hoped he donated his $2300.

[thegreatgiginthesky]

This is a huge endoresment for Obama.

[openlids]

what a place we could live in, if the wealthy came out to support our country, instead of rob it.

[loax]

Nice to see that Mr. Buffet is oputting forward what is best for this country. Thank you sir!

[marc1antony]

BLESS YOU Mr. Buffet!!!!! YES! YES! YES!

[NoahVail]

Warren Buffet is a true American. He wants his kids to work for their success, and he wants others to be able to work for their success. McCain is simply the sales rep for an international plutocracy that wants to turn America into just another sham democracy that the rich can exploit.

It does not surprise me that he is happy with Obama.

[Gma11]

Thank you, Warren Buffet.

[Testtubebaby]

He’s a troglodyte, a misogynist, evil, hateful chauvinistic piggy as all men are.

That was my salute to the Hillary feminist fanatics of this board.

However, for the rest of us women that like Mr. Obama’s way of thinking…that was a great endorsement.

[4wehttam]

Drip....dr­ip......dr­ip.....dri­p........d­rip.....ch­oo choo! ...............ALL ABOARD!

[KillTheMessenger]

There you go. The smart investor knows who is better for America's economy. Thank you, Mr. Buffet.

[blueshield]

If Wall Street takes a liking to Obama, he'll have an easier time in November. This is a very important endorsement.

If you haven't seen Buffet's entire comments, savor this:

"They say in the stock market ... buy stock in a business that's so good that an idiot can run it because sooner or later one will," he added.

"Well, the United States is a little like that. We can take a little mis-management from time to time," Buffett said.

[Zogtastic]

Yeah, I liked that comment.

[joebaggadonuts]

Too bad it's not been just a little. Mismanagement I mean.

[trollsbwild]

Thank you, Warren. As rich as you may be, you still maintain your humanity. The effects of another Bush presidency are easily understood. The truth is we may not be able to withstand another seven months.

[bitabingbitabangbitaboom]

COMING OUT.......­..........­..........­..........­7 or 11

[newshawk14]

I'm very pleased that Buffet, is supporting Obama, he's a very intelligent and competent individual,
who seems to have his ego, well under control. Everyone, should remember that he donated a
substantial portion of his fortune to the Bill and Melinda Gates Foundation, rather than set up his
own foundation, because he thought they were doing an excellent job.