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Why Warren Buffett Is Campaigning for Hillary Clinton—And How Much He’s Spending To Do It
Time.com ^ | 8/1/16 | Alexandra Mondalek

Posted on 08/01/2016 6:54:48 PM PDT by SoFloFreeper

The Oracle of Omaha is one of several billionaires to back her.

Hillary Clinton may be having a tough time reaching average American voters, but she’s having no trouble courting billionaires.

On Monday afternoon, Berkshire Hathaway CEO Warren Buffett delivered a speech at a Hillary Clinton campaign event in his hometown, a few months after endorsing the Democratic nominee for president.

...In October 2014, Buffett gave $25,000, the most he’s donated to benefit any single candidate, to a Super PAC dedicated to helping Clinton, called Ready for Hillary. To be sure, Buffett has given sums totaling $30,000 or more to the Democratic National Committee, according to FEC records.

Of course, Buffett has also aided Clinton’s campaign by holding fundraising events for the Democratic nominee. Politico reported in January that Buffett held a fundraiser for Clinton that charged $33,400 per person.

(Excerpt) Read more at time.com ...


TOPICS: Politics/Elections
KEYWORDS: 1; billionaire; buffett; clinton; hitlery; statist
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To: P-Marlowe
From the invitation. See a couple of items: First, this is for a joint fundraising committee that includes the RNC and various state parties. Second, note that a donor can 'designate a contribution for a specific participant or participants..."

In other words, this is Trump helping THEM raise money. A small percentage might go to him, but it doesn't necessarily (given the designation possibility). Trump's split doesn't look like it would do more than cover expenses of the get-together...$2700. Looks like it is intended for others when you look at the splits.


21 posted on 08/03/2016 1:56:37 PM PDT by xzins ( Free Republic Gives YOU a voice heard around the globe. Support the Freepathon!)
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