Ahnold Recruits Warren Buffet As Economic Advisor

AP Wire | 8/13/03

[EdJay]

Buffett also has a ton of holdings in energy/pipeline companies. Which may be one reason he's come on board with Schwarzenegger -- he sees him as the most likely to win the governorship & he wants to be able to keep control of the energy market.

[frossca]

From Yahoo News

Mr. Buffett, the chairman of Berkshire Hathaway Inc., took on California's famous Proposition 13, which has limited property taxes there since 1978. As an example, he pointed out the difference between his own property-tax bills for homes he owns in California and Nebraska.

Let's see, I am the new guy on the staff of a Republican California gubernatorial candidate and my first statement blasts Prop. 13? This man may be a genius in the stock market, but politically, he is an idiot.

[SolutionsOnly]

Well the first thing out of Buffet's mouth is to raise property taxes.... that is NOT a good omen.

[GraniteStateConservative]

It depends on what else is a part of the plan. Move the state away from relying on capital gains, sales, and income taxes. Raise property taxesand provide relief for the elderly, and slash the others.

[KQQL]

ROB LOW >>ARNIE"S NEW SENIOR ADVISOR !!