| Submit your comments on this article |
| Home Front: Politix |
| Warren Buffett support sKerry, bets against U.S. Dollar |
| 2004-05-01 |
| caught via Drudge May 1 (Bloomberg) -- Billionaire investor Warren Buffett and Apple Computer Inc. co-founder Steve Jobs are advising Democratic presidential candidate John Kerry on economic issues. Kerry, 60, the four-term Massachusetts senator challenging President George W. Bush, ``reached out to them and they’re giving him economic advice about the deficit and job creation,’’ said David Wade, Kerry’s campaign spokesman. ``Political campaigns are always looking for celebrity endorsements and these are two eminent celebrities in the investment world,’’ said James Lucier, a political analyst at Prudential Equity Group LLC. ``But I don’t think investors are looking for celebrities, they are looking for policies.’’ Buffett, 73, said in an interview in Omaha, Nebraska that he’s part of a group of advisers that includes Roger Altman, founder of New York-based investment firm Evercore Partners LLC. ``I support John Kerry,’’ said Buffett, who’s hosting the annual Berkshire Hathaway Inc. shareholder meeting this weekend in Omaha. ``In the choice of the two candidates he’s the one I would vote for. I think I would rather have him as president than George W. Bush.’’ *****snip**** Update #2: Go for it RB’ers! |
| Posted by:Frank G |
| #8 Jackson, The past tense would be more appropriate. Espinola, Mr. Buffett did not do too poorly during the Clinton years. |
| Posted by: Mr. Davis 2004-05-02 1:22:24 AM |
| #7 Mr Buffet can kiss this profits goodbye if John Forbes Kerry & his collection of leftist party hacks take the White House. It will be Clinton-Carter all over again. Except this time the stakes are a lot higher. |
| Posted by: Mark Espinola 2004-05-02 12:53:38 AM |
| #6 Perhaps Jobs will lend Kerry his 'reality distortion field'. :-) |
| Posted by: A Jackson 2004-05-02 12:40:35 AM |
| #5 Apple? When it comes to marketing, these guys are who I'd want on my team...not! Beta v/s VHS Apple v/s Microsoft Kerry v/s Bush. In all instances, they are arrogant enough to believe that they are so much better than their competitors that the people will flock to them despite their refusal to think of their customer's needs first. In the first two cases they were buried by those who did choose to cooperate. Hopefully, they will work their "magic" once again. |
| Posted by: B 2004-05-01 11:19:53 PM |
| #4 oops! other pundits are on it! |
| Posted by: Frank G 2004-05-01 10:46:39 PM |
| #3 I just thought it was nice a foreign leader supporting Kerry self-identified |
| Posted by: Frank G 2004-05-01 10:44:50 PM |
| #2 A John Kerry presidency could precipitate a disastrous decline for the US in all areas including the dollar. As a cold heartless prick, insuring that he would make money on his positions against the dollar by backing Kerry makes good sense for Buffet. |
| Posted by: RWV 2004-05-01 10:40:07 PM |
| #1 A Kerry adviser tries to push the dollar down? This should be great publicity for the Kerry campaign. What next? George Soros funds the "Iraqi resistance"? |
| Posted by: Zhang Fei 2004-05-01 10:39:54 PM |