Warren Buffett to Headline Fund-Raiser for Clinton

[babylonsister]

http://blogs.wsj.com/washwire/2007/12/09/buffett-to-headline-fundraiser-for-clinton/

Buffett to Headline Fund-Raiser for Clinton

Amy Chozick reports on the 2008 presidential race:

Hillary Clinton will hold a question and answer session with billionaire Warren Buffett in San Francisco on Tuesday, an appearance that could signal that as her rival Barack Obama enjoys the endorsement of Oprah Winfrey, the well-organized Clinton campaign is being more aggressive in requesting the support of the nation’s top investor. Mr. Buffett’s assistant, Debbie Bosanek, said that he has not changed his mind to her knowledge and still supports both candidates.

The 77-year-old businessman hasn’t endorsed a candidate, but has said he is willing to throw his substantial fund-raising capabilities behind both Mrs. Clinton and Democratic rival Barack Obama.

Mr. Buffett, who runs Omaha-based Berkshire Hathaway Inc., held an event for Mrs. Clinton in New York in June that raised at least $1 million for the campaign. In August, he held an event at the Ironwood Country Club in Omaha for Mr. Obama that drew at least 200 people with a minimum entrance price of $500 a person. About 40 people donated at least $2,300. Mr. Buffett has said that either candidate would make an excellent president.

Mr. Buffett has long identified with Democratic causes and criticized the Bush administration’s fiscal policy. In 2003, he served as an economic advisor for California Gov. Arnold Schwarzenegger, a Republican, during the former actor’s 2003 gubernatorial run. Mr. Buffett has also spoken favorably about the presidential prospects of New York Mayor Michael Bloomberg, who recently left the Republican Party to become an independent.

The “Conversation with Warren Buffett” event at the San Francisco Hilton Hotel is expected to draw about 1,200 people including San Francisco Mayor Gavin Newsom and John Doerr, a partner at venture capital firm Kleiner Perkins Caufield & Byers. Tickets will cost between $100 and $2,300 and the proceeds are expected to raise around $1 million for the Clinton campaign. The New York senator will be speaking to Mr. Buffett about the economy, health care and other general domestic issues, which have in recent days eclipsed the Iraq War as deciding issues for many voters.

“Sen. Clinton values Mr. Buffett’s support and counsel, and greatly admires his legendary philanthropic contributions,” says Blake Zeff, a Clinton spokesman.

[davidinalameda]

1. but he's a capitalist!

bet that will piss off a few people around here

[K Gardner]

2. So, she's going after the "I'm Too Rich to Live" vote?? n/t

[goldcanyonaz]

6. Not everyone who votes Dem is broke!

[bunnies]

3. gross. nt

[bigdarryl]

4. Well there goes Tax cuts for the middle class she ain't Taxing this rich guy

[goldcanyonaz]

7. You must be kidding?? Warren Buffet??

This is a HUGE endorsement. This man is a G-D, and he has spoken about not paying enough taxes under the current admin.

*fans herself*

[DemocratSinceBirth]

11. I Guess You Didn't Make It Past The Headline

In August, he (Warren Buffett) held an event at the Ironwood Country Club in Omaha for Mr. Obama that drew at least 200 people with a minimum entrance price of $500 a person.

[goldcanyonaz]

16. Oh crap! I just called my Dad in Palm Beach and told him the news...

*hides*

[goldcanyonaz]

5. Warren Buffet? I LOVE HIM!!

If he's giving Hillary the nod, then I'm all in.

[Adelante]

8. Welcome to DU, goldcanyonaz

:hi:

[goldcanyonaz]

9. Thanks Wes!!

[madrchsod]

10. hmmm-oprah vs warren wow now there is some real excitement

..warren`s a pretty good guy who still lives in the same old house,has dinner every year at a motel lounge with the first people who invested with him and his kids all have normal jobs. if there is anyone who is a decent rich guy it`s him.

[goldcanyonaz]

12. Warren Buffet rocks!!

I just adore him!

[snowbear]

15. Say Goldencanyon..

You said you didn't like Oprah because she was endorsing Obama..

Now you're heads over heels for Warren Buffett..

But he's supporting BOTH Hillary -and- Obama.

Does that mean you only "half adore him"?

[goldcanyonaz]

17. Um, I thought I stated that she packed on the pounds...

[snowbear]

13. There's no "vs." anything .... he also did an Obama fundraiser

And said that he's not selecting between the two -- that he likes both of them.

http://www.cnbc.com/id/20288820/site/14081545/

[Catch22Dem]

14. You did read the rest of the article, right?

He's not endorsing Hillary, but he is helping her. He's also helping Obama.

[fujiyama]

18. Not quite an endorsement..Looks like he wants to just help Dem front runners

and has been a supporter of progressive causes for quite some time.

[Sultana]

19. ...

Some seem to have reacted too soon. :eyes:

Buffet is an extraordinary man.