From the wonderfully hillarious new Fox Business Channel:
Someday soon, Warren Buffett may have to apply his legendary stock-picking skills to the candidates clamoring for his endorsement in the 2008 presidential race. For now, the plainspoken Nebraska billionaire appears to be enjoying his role as an unaffiliated kingmaker, raising money for Democrat Hillary Rodham Clinton while promising to do the same for her chief rival, Barack Obama. He’s even heaped praise on New York Mayor Michael Bloomberg, who recently left the Republican Party and might join the race as an independent.
“As the markets often would follow Buffett’s investments, I think that same mentality would follow his political activities, too,” said Joseph Marbach, a Seton Hall University political science professor.
An outspoken critic of economic inequality in the U.S., Buffett is using his newfound political prominence as a platform to speak out on the obligation of the privileged to help the poor.
The “obligation of the privileged to help the poor”?
Wow! I suddenly started to have a new opinion of Warren Buffett.
Then I read this quote- and made up my mind for sure:
“If you’re in the luckiest 1 percent of humanity, you owe it to the rest of humanity to think about the other 99 percent”.