Warren Buffet's presidential endorsement

[Tully365]

I did a quick search and was surprised that this hadn't been posted already.

http://www.huffingtonpost.com/greg-m..._b_102471.html


Here's Why Warren Buffett Endorsed Obama Today: McCain Failed to Get 'Lobotomy'

Posted May 19, 2008 | 02:55 PM (EST)





Obama supporters, naturally, are excited about word today that one of the world's richest men, Warren Buffett -- the sage of Omaha -- has thrown his support to the Democratic frontrunner, although it's not likely to put Nebraska in the win column for Obama this November.

But why does Buffett like Barack? And why now? The wire service reports only reveal that Buffett announced an endorsement of Obama because he looks like the nominee: "I will be very happy if he is elected president. He is my choice." Not exactly food for thought.

But to find out more, I discovered a May 5, 2008, on-the-fly interview with Buffett carried by CNBC.

The interviewer, Becky Quick, asked Buffett to pretend for a moment that she was John McCain. She then asked, "Is there anything I can do, any economic issue I can get behind, that would actually make you think twice about potentially supporting me?"

Buffett replied: "I would say that if you felt the tax burden should be shifted in a significant way to the super-rich and away from the middle class, I would say that would make me re-evaluate you."

Quick/McCain: "So I could eventually gain your support come November?"

Buffett: "Well, in the end I vote on issues now. I think it's pretty clear in many major areas what all three candidates would do."

Then he said, chuckling, that it was "unlikely" he would back McCain "unless he has a serious change, a lobotomy or something like that."

Buffett explained: "I don't think McCain is going to change his views to be in accord with mine. I admire him a lot. I think he's an absolutely first-class human being, and if the Republicans are going to elect somebody I hope it's John McCain.

"But he has too many ideas that are different than I do, particular in terms of what I would call social justice."

[whottt]

Translation: Thanks guys, I always wanted to own the pre-eminient American World Wide Brokerage Firm. You notice I didn't put my money within 100 feet of Lehman Bros...that's because I don't buy , that's why I am a multi-billionaire.

What Buffet is doing is not heroic or admirable...throwing some dimes down on Fannie Mae and Freddie Mac would be heroic admirable.


You want social justice Warren? Put your money where your mouth is....

You can ease the American tax payers burden singlehandedly....

If he's all about altrusim...let's see him prove it.

But of course he won't.


Not a
chance
in

[Mr. Peabody]

Translation: Thanks guys, I always wanted to own the pre-eminient American World Wide Brokerage Firm. You notice I didn't put my money within 100 feet of Lehman Bros...that's because I don't buy , that's why I am a multi-billionaire.

What Buffet is doing is not heroic or admirable...throwing some dimes down on Fannie Mae and Freddie Mac would be heroic admirable.


You want social justice Warren? Put your money where your mouth is....

You can ease the American tax payers burden singlehandedly....

If he's all about altrusim...let's see him prove it.

But of course he won't.


Not a
chance
in

You're absolutely right. Buffett's nothing more than another selfish bas who talks a big game but doesn't back it up.

Buffett donates $37 billion to charity

Warren Buffett says he was "wired at birth to allocate capital"

Billionaire investor Warren Buffett has said he was waiting for decades to make a huge charitable donation.
He said he was overjoyed as he spoke for the first time since revealing he would donate about $37bn (£20bn) to Bill Gates' charitable foundation.

"This has been coming for 50 years," Mr Buffett said. "There's never really been any other plan in terms of where the money should go."

The donation is thought to be the largest charitable gift ever in the US.

[ChumpDumper]

Beat me to it.

I'd have to put him fairly high on the altruism totem pole.

http://money.cnn.com/2006/06/25/maga...rity1.fortune/

[Aggie Hoopsfan]

I'm a Buffett fan, but come on guys... he donates what appears to you and I as a load of money, but it's really just a drop in the bucket for him.

He invested in GS because he knows what's going on and knows where to be when the bailout gets approved.

[PixelPusher]

Warren Buffett...isn't he some kind of extraordinarily rich guy? Shouldn't 2centsworth take his endorsement very, very seriously?

lets see, Joe Biden has earned $280,000 per year for the past 20 yrs and has a net worth of $150,000.

Sounds like an economic genius.

Obama makes Palin look good.

Assessing a person's abilities by how much money they have. How very Republican of you.

you bet when considering someone to run the largest economy in the world. How very liberal of you to think otherwise.

[whottt]

Bill Gates ing Charity? You gotta be ing kidding me.


No..if he means social justice he'll donate that 37 billion to the US Government...that's the kind of altruism I am talking about...the same kind he is talking about.

Don't give me ing charities when he's talking taxing the rich...I want to see him tax himself....I want to see him put his money where his mouth is.


Tax the ing rich Warren...what's stopping you. Tax yourself.

Amazing how they never do that isn't it?


Why do you suppose that is?

If he gives 37 billion to save the tax payers some bail out $$$ on Fannie Mae and Freddie Mac or AIG...I'll vote for his candidate.

C'mon Warren...show me the rich picking up that tab baby...walk that ing walk.

[whottt]

LOL @ Bill Gates and altruism being mentioned in the same sentence

[ChumpDumper]

I'm a Buffett fan, but come on guys... he donates what appears to you and I as a load of money, but it's really just a drop in the bucket for him.

Sorry dude, 85% of his fortune IS a load of money to him.

[baseline bum]

Buffet giving $37 billion to a charity that helps pay for the poor to go to college is some kind of joke? OK whott, you've really gone off the deep end this time.

[baseline bum]

I'm a Buffett fan, but come on guys... he donates what appears to you and I as a load of money, but it's really just a drop in the bucket for him.

He invested in GS because he knows what's going on and knows where to be when the bailout gets approved.

So by your logic it's no big deal to tax the out of the rich, right?

[whottt]

How many bad mortgages do you think Warren Buffen could pay off with 37 billion...

I'd say a good 25% of them...of the legitimately bad ones. Make some po folks dreams come true.


Do it Warren...do that . I will vote for Obama if you do it... , I'll vote for you.

[ChumpDumper]

So by your logic it's no big deal to tax the out of the rich, right?

Buffet has publicly complained that he pays less tax as a percentage of his income than his secretary.

[baseline bum]

How many bad mortgages do you think Warren Buffen could pay off with 37 billion...

I'd say a good 25% of them...of the legitimately bad ones. Make some po folks dreams come true.


Do it Warren...do that . I will vote for Obama if you do it... , I'll vote for you.

Instead, he puts the money into helping po folks get an education so they'll never have to be poor again and won't have to raise their kids in poverty. Hmmm... give a guy a fish or teach him how to become a fisherman?

[whottt]

Buffet giving $37 billion to a charity that helps pay for the poor to go to college is some kind of joke? OK whott, you've really gone off the deep end this time.

ing denial...


These two dudes right now have the combined wealth to put every ing poor person in the United States through college...not just the kids, but every ing poor person living below the poverty line in the United states...and they'd still have 15 billion or so left over...

Do it suckers... ing do it...

Don't put that in a shelter giving away the miminal amount to remain a charity every year.

[ChumpDumper]

whottt, donate 85% of your net worth to charity and I will vote for McCain.

Do that ....Do it.

[Shastafarian]

Translation: Thanks guys, I always wanted to own the pre-eminient American World Wide Brokerage Firm. You notice I didn't put my money within 100 feet of Lehman Bros...that's because I don't buy , that's why I am a multi-billionaire.

What Buffet is doing is not heroic or admirable...throwing some dimes down on Fannie Mae and Freddie Mac would be heroic admirable.


You want social justice Warren? Put your money where your mouth is....

You can ease the American tax payers burden singlehandedly....

If he's all about altrusim...let's see him prove it.

But of course he won't.


Not a
chance
in

I'm a Buffett fan, but come on guys... he donates what appears to you and I as a load of money, but it's really just a drop in the bucket for him.

He invested in GS because he knows what's going on and knows where to be when the bailout gets approved.

Bill Gates ing Charity? You gotta be ing kidding me.


No..if he means social justice he'll donate that 37 billion to the US Government...that's the kind of altruism I am talking about...the same kind he is talking about.

Don't give me ing charities when he's talking taxing the rich...I want to see him tax himself....I want to see him put his money where his mouth is.


Tax the ing rich Warren...what's stopping you. Tax yourself.

Amazing how they never do that isn't it?


Why do you suppose that is?

If he gives 37 billion to save the tax payers some bail out $$$ on Fannie Mae and Freddie Mac or AIG...I'll vote for his candidate.

C'mon Warren...show me the rich picking up that tab baby...walk that ing walk.

How many bad mortgages do you think Warren Buffen could pay off with 37 billion...

I'd say a good 25% of them...of the legitimately bad ones. Make some po folks dreams come true.


Do it Warren...do that . I will vote for Obama if you do it... , I'll vote for you.

If there are any aliens viewing this forum I feel the need to say something. Us humans aren't all this dumb. Please don't destroy us and take our resources because you think we're not worthy. It's only a select few. You can take these two morons though. Anal probe the outta them for all I care.

[baseline bum]

Why don't you give >60% of your worth to help a few of the poor out then? And i don't mean tipping Calvin a buck at the drive-thru.

[DarrinS]

Come on, man, Buffet hasn't done anything good since "Margaritaville".

[whottt]

whottt, donate 85% of your net worth to charity and I will vote for McCain.

Do that ....Do it.

Are you serious? If I donate 85% of my net worth to charity you will vote for McCain?


That's the deal?

[Shastafarian]

Are you serious? If I donate 85% of my net worth to charity you will vote for McCain?


That's the deal?

I'll do it. I'm in a swing state too.

[DarrinS]

Are you serious? If I donate 85% of my net worth to charity you will vote for McCain?


That's the deal?

I did it. I just donated 10 dollars and 2 cents to charity.


Sincerely,


George Obama

[ChumpDumper]

Are you serious? If I donate 85% of my net worth to charity you will vote for McCain?


That's the deal?

I know I'm setting the bar pretty low.

Or am I?

I have no idea.

Kudos if you do it.

[DarrinS]

Well, you sure as know Joe Biden won't donate anything. I think he donates like 0.1% of his salary to charity -- or so his tax records indicates.


McCain is the most generous of the candidates.

[whottt]

Why don't you give >60% of your worth to help a few of the poor out then? And i don't mean tipping Calvin a buck at the drive-thru.

IF you'll campaign for McCain in LA, I will do it...