Buffett Recruited as Schwarzenegger's Economic Adviser

Bloomberg no url | 8/13/3

[NativeNewYorker]

Aug. 13 (Bloomberg) --Arnold Schwarzenegger, the actor who is running for governor of California, said billionaire investor Warren Buffett will be the financial and economic adviser to his political campaign, the campaign said in a statement.

Buffett, the world's second-richest man, has built a fortune buy buying companies through his company, Berkshire Hathaway Inc. Debbie Bosanek, Buffett's assistant, didn't immediately return a phone call seeking comment.

[Pubbie]

But I thought Arnold was a "Fiscal Conservative"?

[wideawake]

Warren Buffett is the greatest single enemy of the unborn in the world today. He embodies the culture of death.

With him on board nothing a Schwarzenegger administration will ever do will be socially conservative.

[Hildy]

What's interesting about this is that we're always yakking about how private business would do a much better job at running a State. Well, we're about to find out if we've been right!

[blau993]

My first thought on seeing the headline was "Cool -- Arnold's going for the Parrot Head vote!"

[Hildy]

Please, please stop making this about abortion. It's not about abortion, never was, never will be.

[DPB101]

Well...didn't take long for Arnold to poke conservatives in the eye. Not only is Buffet a tax loving Rat, he funded abortion groups.

In addition, Buffet was against stockholders not paying double taxes on dividends. The reason? His company pays no dividends. If taxes were reduced, he would be forced disgorge his profits to those who own the company. Less money for him to play with. He also is against lower death taxes. Doesn't mind if kids lose the family farm or family business because of taxes, those in his asset bracket can shield their property from the taxes everyone else is forced to pay.

[Brian S]

MSNBC is also reporting this...

[Revolting cat!]

Why, this is fabulous news, folks! It means that George Soros won't get the job!

[ambrose]

people who blindly jump on a bandwagon will end up with what they deserve.

[Brian S]

Warren Buffett Will Be Schwarzenegger's Economic Adviser, Campaign Says

Aug. 13 (Bloomberg) --Arnold Schwarzenegger, the actor who is running for governor of California, said billionaire investor Warren Buffett will be the financial and economic adviser to his political campaign, the campaign said in a statement.

Buffett, the world's second-richest man, has built a fortune buy buying companies through his company, Berkshire Hathaway Inc.

Debbie Bosanek, Buffett's assistant, didn't immediately return a phone call seeking comment.

Last Updated: August 13, 2003 14:55 EDT

[Afronaut]

"The folksy Buffett even seems to handle personal crisis with grace. Separated since the late 1970s, he lives in Omaha with paramour Astrid Menks; Susan lives in San Francisco. The separated couple share leftist political views, reportedly funding causes like Planned Parenthood and International Projects Assistance Services, which distributes abortion devices in impoverished countries."

Forbes

Still supporting? How about you Missy? Still supporting the Liberals?

[ambrose]

In case you're keeping count, Richard Riordan is policy advisor, Buffett is economic advisor. I wonder what other POS RINO they're going to scrape off the pavement and throw into this campaign?

[B Knotts]

Notice he waited until the end of Rush's show to announce this. :-)

[B Knotts]

ROFL

[Dane]

MSNBC is also reporting this...

Can you provide a link?

It may be true or not, but MSNBC is also tuned into the latest Wall Street "buzz" and hype it up.

JMO, but this seems to be the story "du jour" about Arnold. I will wait for an official announcement.

But what the hey rumor mongering seems to be your forte, considereing your previous posting on FR, IMO.

[Protagoras]

Buffet is everything I detest. And Arnold is just another power monger.

BUT,,,,,if you are a Republican you are usually golden on this board.

[B Knotts]

Take a gander at this.

[Brian S]

See post #27

[Afronaut]

"The Senate decided that the dividends an individual receives should be 50 percent free of tax in 2003, 100 percent tax-free in 2004 through 2006 and then again fully taxable in 2007. The mental flexibility the Senate demonstrated in crafting these zigzags is breathtaking. What it has put in motion, though, is clear: If enacted, these changes would further tilt the tax scales toward the rich."

WB_Published on Tuesday, May 20, 2003 by the Washington Post

[CollegeRepublican]

There are only about 10 people in the world in his asset bracket. :)