SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: jeffbas who wrote (19174)5/2/2004 10:30:17 PM
From: American Spirit  Respond to of 78547
 
Buffett Joins Kerry Campaign as Economic Advisor
52 minutes ago Add Politics - Reuters to My Yahoo!


By Philip Klein

OMAHA, Neb. (Reuters) - Warren Buffett (news - web sites), the world's second wealthiest person, said on Sunday he had joined Democratic presidential candidate John Kerry (news - web sites)'s economic advisory team.



Buffett has long been a critic of the tax policies of the Bush administration, which he believes favor the wealthy and big corporations over the middle class.

"I'm available if anyone wants to ask my view of anything," Buffett said of his involvement with Kerry at a news conference in Omaha, Nebraska, a day after the annual meeting of his Berkshire Hathaway Inc. .

Buffett said Kerry had asked him three weeks ago if he would be part of an economic advisory council that includes Robert Rubin, who was Treasury Secretary in the Clinton administration. Buffett said he had accepted.

Buffett, whose net worth is estimated by Forbes at $42.9 billion, said he was not likely to have much contact with Kerry and expected to play a limited role.

He said that he believed the election would be more about Bush than about Kerry.

"I personally think our election will be a referendum on George W. Bush," Buffett said. "The Kerry campaign is much less important than how people feel about Bush."

Buffett's support of Kerry is the second time in the past year he has entered the political fray. Though a Democrat, Buffett was an economic advisor to Arnold Schwarzenegger (news - web sites), a Republican, in his successful bid to become governor of California.