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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
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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
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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
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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
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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!!!!!!!)
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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
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To: ClearCase_guy

This very well could be his undoing.


26 posted on 08/25/2011 3:25:50 PM PDT by jersey117
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