Post by 76chevy on Sept 8, 2008 9:48:28 GMT -5
Billionaire investor Warren Buffett says Obama will bring 'outstanding ideas' to White House
www.iht.com/articles/ap/2007/08/16/america/NA-POL-US-Obama-Buffett.php
Billionaire investor Warren Buffett says Obama will bring 'outstanding ideas' to White House
The Associated Press
Thursday, August 16, 2007
OMAHA, Nebraska: Billionaire investor Warren Buffett says it can get a little lonely being a Democrat in the conservative Midwestern state of Nebraska.
The last Democrat to carry the state in a presidential election was Lyndon Johnson, in 1964.
But Buffett had plenty of company Wednesday night at a fundraiser for Democratic presidential candidate Barack Obama ? and local organizers say Obama made a valuable investment.
"I think his stock in Nebraska goes up from here," said Omaha businessman Harley Schrager, who co-hosted the event with Buffet and others.
Buffett, 76, runs Omaha-based Berkshire Hathaway Inc., which has assets of more than $260 billion (?193 billion) and more than 60 subsidiary business. He has not endorsed a candidate. He helped Obama's main rival in the race, fellow Democrat Sen. Hillary Rodham Clinton, raise at least $1 million (?740,000) for her campaign at a June event in New York.
The total raised for Obama on Wednesday was not immediately available, but the minimum price to get in was $500 (?370) a person, and organizers estimated the crowd at about 200. About 40 of those people attended an earlier reception, and each donated at least $2,300 (?1,700).
Obama said two Nebraskans ? U.S. Sen. Ben Nelson and former Sen. Bob Kerrey ? are proof that a Democrat can win in a historically Republican state.
"We can elect Democrats here, but we've got to show up," Obama said.
Obama called Buffett "one of those people I listen to," but said the support from the so-called Oracle of Omaha alone is not enough to get elected, and he appealed to the gathered business people, lawyers and local politicians for their help.
Although Buffett has not yet endorsed a presidential candidate, he said Wednesday that Obama "is going to bring outstanding ideas to a new administration."
He has said previously he would be happy with either Clinton or Obama, and has also spoken favorably about the presidential prospects of New York Mayor Michael Bloomberg, who recently left the Republican Party to become an independent.
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www.iht.com/articles/ap/2007/08/16/america/NA-POL-US-Obama-Buffett.php
Billionaire investor Warren Buffett says Obama will bring 'outstanding ideas' to White House
The Associated Press
Thursday, August 16, 2007
OMAHA, Nebraska: Billionaire investor Warren Buffett says it can get a little lonely being a Democrat in the conservative Midwestern state of Nebraska.
The last Democrat to carry the state in a presidential election was Lyndon Johnson, in 1964.
But Buffett had plenty of company Wednesday night at a fundraiser for Democratic presidential candidate Barack Obama ? and local organizers say Obama made a valuable investment.
"I think his stock in Nebraska goes up from here," said Omaha businessman Harley Schrager, who co-hosted the event with Buffet and others.
Buffett, 76, runs Omaha-based Berkshire Hathaway Inc., which has assets of more than $260 billion (?193 billion) and more than 60 subsidiary business. He has not endorsed a candidate. He helped Obama's main rival in the race, fellow Democrat Sen. Hillary Rodham Clinton, raise at least $1 million (?740,000) for her campaign at a June event in New York.
The total raised for Obama on Wednesday was not immediately available, but the minimum price to get in was $500 (?370) a person, and organizers estimated the crowd at about 200. About 40 of those people attended an earlier reception, and each donated at least $2,300 (?1,700).
Obama said two Nebraskans ? U.S. Sen. Ben Nelson and former Sen. Bob Kerrey ? are proof that a Democrat can win in a historically Republican state.
"We can elect Democrats here, but we've got to show up," Obama said.
Obama called Buffett "one of those people I listen to," but said the support from the so-called Oracle of Omaha alone is not enough to get elected, and he appealed to the gathered business people, lawyers and local politicians for their help.
Although Buffett has not yet endorsed a presidential candidate, he said Wednesday that Obama "is going to bring outstanding ideas to a new administration."
He has said previously he would be happy with either Clinton or Obama, and has also spoken favorably about the presidential prospects of New York Mayor Michael Bloomberg, who recently left the Republican Party to become an independent.
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