Buffett backs Obama - "He is my man," he says.

[Pirate Smile]

Buffett backs Obama


Warren Buffett, who has flirted with both Democrats, comes out for Obama at a Frankfurt press conference on the grounds that it's over.

"He is my man," he says.

http://www.politico.com/blogs/bensmith/0508/Buffett_backs_Obama.html



US billionaire Buffett backs Obama for president

FRANKFURT (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.

"He is my choice," Buffett said.

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

http://news.yahoo.com/s/afp/20080519/ts_alt_afp/germanyusinvestpoliticsbuffett_080519163709;_ylt=AoMZ0By0QIhdx_88YO8En7Fh24cA

[thewiseguy]

1. Buffett under the bus in 3...2...1

[Bensthename]

4. Is that a song or something?

[Aloha Spirit]

20. Yeah, it's like the 23rd verse of "the wheels on the bus."

[DearAbby]

24. Buffett can purchase a bigger bus...

this one, is pretty crowded.
NEW BUS....NEW BUS...NEW BUS....NEW BUS!

[Lucky 13]

2. BAM! Mr. Liberal Philanthropist himself endorses Barack!

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$!!!!

[ej510]

3. This is not surprising Obama has mentioned that Buffet was one of his bery good friends.

[thewiseguy]

8. You may want to read this

http://www.msnbc.msn.com/id/19453750/

He threw a fundraiser for Hillary and called her the Person to runt he country!

[cottonseed]

5. I think he's been for him from the get go.

But it's great to hear it again. No wonder they call him the Oracle of Omaha.

[thewiseguy]

9. No he has not

He said Hillary was the person to run the country and even had a fundraiser for her.

http://www.msnbc.msn.com/id/19453750/

[kenny blankenship]

14. Evidently he's changed his mind since then

Maybe watching her blow a sure thing snapped him out of it.

[thewiseguy]

16. He said he is backing Obama since it appears he will be the nominee

[Liberal_Stalwart71]

25. No matter how you try and spin it, he didn't have to

endorse anyone. If he really wanted Hillary but simply went for Obama because he's the nominee, then why even make a statement? Buffet is not a superdelegate. He didn't have to say anything. The fact that he did means that he *genuinely* thinks Obama is the best candidate.

Geez, the grapes must be especially sour today... :(

[thewiseguy]

27. I am an Obama supporter just explaining the facts

Buffett did not issue an statement today. He had a press conference in Frankfurt where he was asked this question and he answered it as the OP stated.

I was trying to make it clear that Warren was not in the tank for Obama from the get go and that he had supported Hillary during this primary.

[Liberal_Stalwart71]

34. Actually I heard that he never supported *either* candidate...

He held fundraisers for both candidates earlier on. Like many, he probably thought that Hillary would be the victor for obvious reasons but I never heard him explicitly state or imply that he was supporting Hillary.

[KSinTX]

39. Re-read OP backing both is clear

He supported BOTH during the early days of the primary. Held a fundraiser for Clinton and two for Obama.

[KSinTX]

37. WRONG from August 2007

He's not only a leader, but he can lead us to the right place"

AND

"Barack is here to increase the abundance, but to spread it around a little more so that it is inclusive prosperity."

http://www.chicagotribune.com/news/nationworld/chi-obama_thuaug16,1,2998926.story

[cottonseed]

26. Thank you. I thought he had come out earlier for him.

Didn't realize that he hadn't officially endorsed. Looks like he'd be happy with both Democrats, which is a good thing. At this point, he just thinks Obama would be a better President.

[TwilightGardener]

6. Thanks, Mr. Buffet!

[Texas Hill Country]

7. ummm.... he isnt the worlds richest? but i am not shocked...

[gateley]

10. I'm pleased to hear it!

I've always liked Buffet. I'd vote for HIM for president, too!

[DevonRex]

11. Snoopy dance again! nt

[rucky]

12. Cool, but who's Jimmy Buffett endorsing? n/t

[Pirate Smile]

19. He hasn't given anyone any $$$ this election season. So

:shrug:

[Debi]

22. Acckk! That's what I thought! n/t

[Debi]

13. I thought Jimmy Buffet when I saw the subject-line

[JaneQPublic]

29. When is the primary in Margaritaville? (nt)

[lastliberalintexas]

15. When EF Hutton speaks, people listen

[bullwinkle428]

17. Damn, I was hoping for a new verse for "Cheeseburger in Paradise",

apropos for the campaign season!

[WillYourVoteBCounted]

18. This is a VERY good sign

Buffett knows where to put his trust.

[thewiseguy]

21. In Obama's mutual funds?

:hide:

[CK_John]

23. Now we need to put Melinda Gates on the VP list. n/t

[Ian David]

28. Now, if Obama loses, Warren Buffet will just buy us all our own country, right? n/t

[indimuse]

36. sounds like an AWESOME idea!

toodles.

[scarface2004]

30. its over. start measuring for drapes in the oval office.

this man controls the horizontal, he controls the vertical.

[NotThisTime]

31. Thanks Mr. Buffett!!! We love the support!

[hfojvt]

32. I just find it ironic that an OP about Buffett is by a DUer named Pirate

Bartender play me some Buffett.

http://books.google.com/books?id=LE8ian4_QTsC&dq=Jimmy+Buffett&hl=en&prev=http://www.google.com/search%3Fhl%3Den%26q%3Djimmy%2Bbuffett%26btnG%3DSearch&sa=X&oi=print&ct=result&cd=2&cad=author-navigational&pgis=1

[graycem]

33. I watched his sister Doris

on Q&A the other night. What a great lady. Their family really does some astounding work, especially for Domestic Violence victims.

[indimuse]

35. welll duh!

knew THAT months ago! He's been flying to house etc...for quite a while!

[DS1]

38. BUFFET! BUS! NOW!