Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Buffett to host high-profile fundraiser for Obama
CNN Money ^ | 8/25/2011 | Charles Riley

Posted on 08/25/2011 12:32:03 PM PDT by mojito

Warren Buffett will host a fundraiser for President Obama next month in New York City, the Berkshire Hathaway CEO told CNNMoney on Thursday.

With the 2012 election season just around the corner, the campaign to put Obama back in the White House for a second term is well underway -- and it's not unusual for the campaign to boost the president's drawing power by allowing him to share the stage with a well known benefactor.

Billed as an "Economic Forum Dinner with Warren Buffett," the fundraiser will be held at the Four Seasons restaurant in New York and moderated by former Obama economic adviser Austan Goolsbee, according to a schedule obtained by Politico.

The event will bring in a pretty penny for the campaign. The base price is $10,000, while a $35,800 donation will buy a VIP reception with Buffett, according to the schedule.

(Excerpt) Read more at money.cnn.com ...


TOPICS: Business/Economy; Extended News; Politics/Elections
KEYWORDS: billionaires; bloated; buffett; fundraiser; obama; presidentdowngrade; rich; unclewarren
Uncle Warren sure is busy helping out Barry. First, throwing money at BofA after a little chat with the Vacationer in Chief, now this.
1 posted on 08/25/2011 12:32:09 PM PDT by mojito
[ Post Reply | Private Reply | View Replies]

To: mojito

I guess BO only hates billionaires who don’t throw millions into his campaign war chest. Old Warren won’t ever have to worry as long as he keeps paying protection money.


2 posted on 08/25/2011 12:34:38 PM PDT by kittymyrib
[ Post Reply | Private Reply | To 1 | View Replies]

To: mojito

I’m waiting to hear he’s cut a check to the IRS for $xMillion to cover his share of what he feels he owes beyond his filed taxes. I mean, he feels millionaires should be paying more...


3 posted on 08/25/2011 12:34:38 PM PDT by bcsco
[ Post Reply | Private Reply | To 1 | View Replies]

To: mojito

They should donate all that money to the US Treasury.

Anyone who can afford to pay $10,000 or more for a dinner with Obama is obviously not paying their fair share in taxes.


4 posted on 08/25/2011 12:35:14 PM PDT by P-Marlowe (LPFOKETT GAHCOEEP-w/o*)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mojito
Most corrupt administration ever.

Buffett getting real tight with the Kenyan.

Warren plays the game differently than Bernie Madoff, but there seems to be some chance that Warren might end up in the cell next door, one way or another.

5 posted on 08/25/2011 12:37:25 PM PDT by ClearCase_guy (The USSR spent itself into bankruptcy and collapsed -- and aren't we on the same path now?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mojito

Obama’s high profile fund raiser is going to be a buffet?


6 posted on 08/25/2011 12:38:22 PM PDT by Buckeye McFrog
[ Post Reply | Private Reply | To 1 | View Replies]

To: mojito

Warren, or Jimmy ?


7 posted on 08/25/2011 12:39:41 PM PDT by repentant_pundit (Maybe THIS summer will finally be the "Summer of Recovery")
[ Post Reply | Private Reply | To 1 | View Replies]

To: Buckeye McFrog

All-You-Can-Eat.


8 posted on 08/25/2011 12:39:45 PM PDT by rightwingintelligentsia (Be careful of believing something just because you want it to be true.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: mojito
Interesting that he supports higher taxes for all AND Obama....no correlation? No of course not....eyes roll.
9 posted on 08/25/2011 12:41:32 PM PDT by napscoordinator
[ Post Reply | Private Reply | To 1 | View Replies]

To: bcsco

Most of old Warren’s money is protected, in trusts


10 posted on 08/25/2011 12:41:48 PM PDT by alice_in_bubbaland (DeMint /Palin, DeMint/Bachmann, DeMint/Cain, DeMint/Ryan 2012!!!!!!!)
[ Post Reply | Private Reply | To 3 | View Replies]

To: rightwingintelligentsia

All-you-can-stomach.


11 posted on 08/25/2011 12:42:41 PM PDT by All Blue State
[ Post Reply | Private Reply | To 8 | View Replies]

To: mojito
His electric car company investment in China isn't doing so well. I think they lost their Chinese government subsidies. Even crony capitalism has risks. Maybe Obama can deliver a section 8 allowance for DQ.
12 posted on 08/25/2011 12:46:20 PM PDT by throwback ( The object of opening the mind, as of opening the mouth, is to shut it again on something solid)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mojito

Buffett has sadly become a pathetic sock puppet for BO.


13 posted on 08/25/2011 12:48:37 PM PDT by Busywhiskers ("Once you have wrestled, everything else in life is easy" -Dan Gable)
[ Post Reply | Private Reply | To 1 | View Replies]

To: mojito

“Surprise!”


14 posted on 08/25/2011 12:49:16 PM PDT by RavenATB ("Destroy the family and you destroy the country!" ~Vladimir Lenin)
[ Post Reply | Private Reply | To 1 | View Replies]

To: alice_in_bubbaland

Then he’s a hypocrite for saying the rich should be paying more. Anyone who says this should be willing, and able, to make up-front payments to the IRS in lieu of the tax code being changed to reflect a higher tax rate for the wealthy. If they won’t, or can’t because of how their investments are structured, then they should shut up. Either put their money where their mouth is, or shut up.

And no, I’m not advocating a change to the tax code (unless it’s to lower the tax rates or restructure it to a flat tax). I’m simply responding to these wealthy idiots who won’t follow through on their blabber.


15 posted on 08/25/2011 12:53:00 PM PDT by bcsco
[ Post Reply | Private Reply | To 10 | View Replies]

To: mojito
Buffett has gone from being a mere a-hole to a whore.
16 posted on 08/25/2011 1:01:00 PM PDT by hinckley buzzard
[ Post Reply | Private Reply | To 1 | View Replies]

To: Busywhiskers

Something tells me that Buffett knows that his is in trouble. How? I’m not sure. But perhaps he thinks bankrolling Obama for a second term, if successful, would keep investigators from his door (unless the Repubs take the Senate, which is likely).

Who was it that said any stupid sonofabitch can make money; you just have to work hard at it.


17 posted on 08/25/2011 1:03:10 PM PDT by Melchior
[ Post Reply | Private Reply | To 13 | View Replies]

To: All Blue State

I hate that I share the same intials with Worried Buffoon.


18 posted on 08/25/2011 1:05:29 PM PDT by WOBBLY BOB (My mind is like a steel trap: rusty and illegal in 37 states.)
[ Post Reply | Private Reply | To 11 | View Replies]

To: ClearCase_guy
Nah, you have to remember--Buffett bought a railroad(Burlington Northern) to carry mountain states coal to the coast. Now he has to get the obama juice to overcome greenies' opposition to building the port he needs in Oregon to ship the coal to China. Plus, he needs to override the obama vow to rid this country of coal fired energy plants.

It's all legal. But Buffett's got large reasons to be sucking up to obama.

19 posted on 08/25/2011 1:06:19 PM PDT by hinckley buzzard
[ Post Reply | Private Reply | To 5 | View Replies]

To: mojito

Buffet is a hypocrite. I have no respect for him.


20 posted on 08/25/2011 1:11:09 PM PDT by beethovenfan (If Islam is the solution, the "problem" must be freedom.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: throwback

Crony capitalism has huge risks: that’s why Buffet is hosting the Obama fundraiser.


21 posted on 08/25/2011 1:16:44 PM PDT by Skepolitic
[ Post Reply | Private Reply | To 12 | View Replies]

To: mojito

What a sicko.

Hussein sucking up to billionaires.

Billionaires sucking up to Hussein.

Have at it folks.


22 posted on 08/25/2011 1:22:05 PM PDT by Recovering_Democrat
[ Post Reply | Private Reply | To 1 | View Replies]

To: alice_in_bubbaland

Isn’t it something called ‘unrealized income’ or something like that? Seems I read that somewhere, why he doesn’t pay much in taxes.


23 posted on 08/25/2011 1:27:25 PM PDT by Cowgirl of Justice
[ Post Reply | Private Reply | To 10 | View Replies]

To: bcsco; hinckley buzzard

Ditto’s to you both.


24 posted on 08/25/2011 1:54:57 PM PDT by alice_in_bubbaland (DeMint /Palin, DeMint/Bachmann, DeMint/Cain, DeMint/Ryan 2012!!!!!!!)
[ Post Reply | Private Reply | To 15 | View Replies]

To: mojito

Buffett is the ultimate insider trader. He shapes the future government bailouts of Wall St, runs out and buys a chunk of their stock at insider deals with guaranteed returns, the government bailouts roll in and he makes out like a bandit. He then gets to repeat the cycle while trying to come off as the wise caring grandfather who only has the nations best interest in mind.


25 posted on 08/25/2011 3:15:10 PM PDT by Gen-X-Dad
[ Post Reply | Private Reply | To 1 | View Replies]

To: ClearCase_guy

This very well could be his undoing.


26 posted on 08/25/2011 3:25:50 PM PDT by jersey117
[ Post Reply | Private Reply | To 5 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson