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.

[Ditto]

Buffet has no problem with taxing as a means of revenue "enhancement",and his "billionareness" provides cover for Arnold to do exactly that.

Could be. I don't really have a dog in this fight and don't especially care who is the next gov out there. But considering the mood of the people right now, it seems that a "tax increase" would only start another recall. All I'm saying is that Buffett is a good financial guy but on economics he is a zero which doesn't much matter on a state basis. Yes, I would go ballistic if W were to name him as a Fed economic advisor. He would be a menace on the Federal level.

[Tony in Hawaii]

Take a look at this, Ag.

[rolling_stone]

Yea keep arguing your California abortion issue nonsense...

http://www.cacatholic.org/respect4life/abortionlaw.html

In the 1981 California Supreme Court decision, Committee to Defend Reproductive Rights v. Myers, the Medi-Cal ban on funding of abortions (because of the federal ban on Medicare funding) was ruled unconstitutional because California's privacy law was not as narrow as that of the U.S. constitution. The justices in that decision found that the restriction (of not being able to afford to pay for an abortion) to be "an obstacle" to the exercising of the expressed constitutional right. The 1997 Supreme Court decision on parental consent for abortion, American Academy of Pediatrics v. Lungren, also found that a minor's right to privacy superseded her parent's rights as guardians.

............Women, including minors, who can not afford to pay for an abortion can request Medi-Cal services, thereby requiring taxpayers to subsidize her decision...........

For more than 30 years abortions have been legal in California. Before 1973 there was an attempt to regulate access to an abortion, but after the passage of the "privacy amendment" and the Roe v. Wade decision, "abortion-on-demand" was allowed in California. NOW AS OF SEPTEMBER 5, 2002, "ABORTION-ON-DEMAND" AS A RIGHT IS AFFIRMED IN CALIFORNIA's STATUTE BOOKS.

[ALOHA RONNIE]

ARNOLD's gonna knock our socks off

[nwrep]

Results: Individual Donors Search

19 records found in 9.86 seconds. SEARCH CRITERIA: Donor name: Buffett, Warren Election cycle(s): 2002 2000 1998 Start another search

Sort by Name Sort by Date Sort by Amount

Contributor	Occupation	Date	Amount	Recipient
BUFFETT, WARREN OMAHA, NE 68131	BERKSHIRE HATHAWAY	11/15/1999	$1,000	Kerrey, Bob
BUFFETT, WARREN OMAHA, NE 68131	BERKSHIRE HATHAWAY	12/2/1999	$1,000	Kiel, Shelley
BUFFETT, WARREN OMAHA, NE 68131	BERKSHIRE HATHAWAY INC	5/22/1997	$1,000	Dodd, Christopher J
BUFFETT, WARREN OMAHA, NE 68131	BERKSHIRE HATHAWAY INC	12/27/1999	$1,000	Shays, Christopher
BUFFETT, WARREN OMAHA, NE 68131	BERKSHIRE HATHAWAY INC./CHAIRMAN	3/15/2002	$1,000	Shays, Christopher
BUFFETT, WARREN OMAHA, NE 68131	BERKSHIRE HATHAWAY INC./CHAIRMAN	9/23/2002	$1,000	Shays, Christopher
BUFFETT, WARREN OMAHA, NE 68131	BERKSHIRE-HATHAWAY	8/16/2000	$300	Osborne, Tom
BUFFETT, WARREN OMAHA, NE 68131	BERKSHIRE-HATHAWAY/CEO	6/27/2002	$300	Osborne, Tom
BUFFETT, WARREN OMAHA, NE 68131	INVESTOR	10/26/1998	$1,000	Feingold, Russell D
BUFFETT, WARREN E OMAHA, NE 68131	BERKSHIRE HATHAWAY INC	3/31/1998	$1,000	Moynihan, Daniel Patrick
BUFFETT, WARREN E OMAHA, NE 68131	BERKSHIRE HATHAWAY INC./CHAIRMAN	6/27/2002	$1,000	Dingell, John D
BUFFETT, WARREN E OMAHA, NE 68131	BERKSHIRE HATHAWAY INC./CHAIRMAN	6/27/2002	$1,000	Dingell, John D
BUFFETT, WARREN E OMAHA, NE 68131	BERKSHIRE-HATHAWAY	2/18/2000	$1,000	Carnahan, Mel
BUFFETT, WARREN E OMAHA, NE 68131	BERKSHIRE-HATHAWAY	8/15/2002	$1,000	Harkin, Tom
BUFFETT, WARREN E OMAHA, NE 68131	BERSHIRE HATHAWAY	11/17/2000	$1,000	Durbin, Richard J
BUFFETT, WARREN E OMAHA, NE 68131	PHILANTHROPIST	3/12/1998	$1,000	Lamm, Dorothy V
BUFFETT, WARREN E OMAHA, NE 68132	BERKSHIRE HATHAWAY	3/15/2000	$1,000	Clinton, Hillary Rodham
BUFFETT, WARREN E OMAHA, NE 68132	BERKSHIRE HATHAWAY	3/15/2000	$1,000	Clinton, Hillary Rodham
BUFFETT, WARREN MR OMAHA, NE 68131	BERKSHIRE HATHAWAY INC./CHAIRMAN	1/25/1999	$1,000	Bradley, Bill

2002 cycle data downloaded from FEC on June 9, 2003. Date of request: August 13, 2003

[Austin Willard Wright]

I give Arnold more credit for honesty than you do as I did when he supported government subsidized after school day care. I think he appointed Buffett as his *chief* economic advisor because he actually agrees with him! My explanation makes more sense that your convoluted Machievillian theory.

[rintense]

Strike one against Arnold.

[Afronaut]

"Since the Republicans don't have enough sense to all vote for Arnold"

where does one get this "Sense" to vote for a Liberal?

[CyberCowboy777]

We KNOW his agenda.

Thanks for posting that.

[NativeNewYorker]

Arnold's biz credentials - academic, philosophical and practical - are great. I do not understand the Buffett connection, given Omahaman's proclivity for giving cash to libs.

[george wythe]

In other words, to make abortion illegal in California:

1. California constitution needs to be amended.

2. Roe v. Wade needs to be overturned.

3. The majority of the California legislators must be pro-life

4. California must elect a pro-life governor.

Now I get it. Electing a pro-life governor will make the difference.

[/s]

[Joe Hadenuf]

But considering the mood of the people right now, it seems that a "tax increase" would only start another recall.

Hehehe, you bet, that's what a big part of this is all about!

You watch California's economy, and budget mess get straightened out in record time. There is a lot on the line here, more than meets the eye.

[Lady Heron]

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

????? Not true, there are a lot of Republicans worried about what is going on with Arnold.

[Hildy]

How do you know?

[B Knotts]

It's hardly a secret. See #185.

[PeoplesRep_of_LA]

What, no $1000 for Bloomberg?

Man, what does THAT tell you?

[GraniteStateConservative]

They probably are. Buffet is probably ONE advisor.

[CarmelValleyite]

Hi Hildy -

You'll never convince many here that none of this is or even should be about abortion. Insistence on sticking to very conservative principles will possibly cost us yet another election, though many of the rest of us went ahead and voted for Simon last time, albeit half-heartedly. It STILL didn't help!

[nwrep]

Results: Individual Donors Search

19 records found in 9.86 seconds. SEARCH CRITERIA: Donor name: Buffett, Warren Election cycle(s): 2002 2000 1998 Start another search

Sort by Name Sort by Date Sort by Amount

Contributor	Occupation	Date	Amount	Recipient
BUFFETT, WARREN OMAHA, NE 68131	BERKSHIRE HATHAWAY	11/15/1999	$1,000	Kerrey, Bob
BUFFETT, WARREN OMAHA, NE 68131	BERKSHIRE HATHAWAY	12/2/1999	$1,000	Kiel, Shelley
BUFFETT, WARREN OMAHA, NE 68131	BERKSHIRE HATHAWAY INC	5/22/1997	$1,000	Dodd, Christopher J
BUFFETT, WARREN OMAHA, NE 68131	BERKSHIRE HATHAWAY INC	12/27/1999	$1,000	Shays, Christopher
BUFFETT, WARREN OMAHA, NE 68131	BERKSHIRE HATHAWAY INC./CHAIRMAN	3/15/2002	$1,000	Shays, Christopher
BUFFETT, WARREN OMAHA, NE 68131	BERKSHIRE HATHAWAY INC./CHAIRMAN	9/23/2002	$1,000	Shays, Christopher
BUFFETT, WARREN OMAHA, NE 68131	BERKSHIRE-HATHAWAY	8/16/2000	$300	Osborne, Tom
BUFFETT, WARREN OMAHA, NE 68131	BERKSHIRE-HATHAWAY/CEO	6/27/2002	$300	Osborne, Tom
BUFFETT, WARREN OMAHA, NE 68131	INVESTOR	10/26/1998	$1,000	Feingold, Russell D
BUFFETT, WARREN E OMAHA, NE 68131	BERKSHIRE HATHAWAY INC	3/31/1998	$1,000	Moynihan, Daniel Patrick
BUFFETT, WARREN E OMAHA, NE 68131	BERKSHIRE HATHAWAY INC./CHAIRMAN	6/27/2002	$1,000	Dingell, John D
BUFFETT, WARREN E OMAHA, NE 68131	BERKSHIRE HATHAWAY INC./CHAIRMAN	6/27/2002	$1,000	Dingell, John D
BUFFETT, WARREN E OMAHA, NE 68131	BERKSHIRE-HATHAWAY	2/18/2000	$1,000	Carnahan, Mel
BUFFETT, WARREN E OMAHA, NE 68131	BERKSHIRE-HATHAWAY	8/15/2002	$1,000	Harkin, Tom
BUFFETT, WARREN E OMAHA, NE 68131	BERSHIRE HATHAWAY	11/17/2000	$1,000	Durbin, Richard J
BUFFETT, WARREN E OMAHA, NE 68131	PHILANTHROPIST	3/12/1998	$1,000	Lamm, Dorothy V
BUFFETT, WARREN E OMAHA, NE 68132	BERKSHIRE HATHAWAY	3/15/2000	$1,000	Clinton, Hillary Rodham
BUFFETT, WARREN E OMAHA, NE 68132	BERKSHIRE HATHAWAY	3/15/2000	$1,000	Clinton, Hillary Rodham
BUFFETT, WARREN MR OMAHA, NE 68131	BERKSHIRE HATHAWAY INC./CHAIRMAN	1/25/1999	$1,000	Bradley, Bill

2002 cycle data downloaded from FEC on June 9, 2003. Date of request: August 13, 2003

[FairOpinion]

I am getting kind of tired of repeating it: the race is between Arnold and Bustamante. McClintock and SImon don't even have the chance of a snowball in hell to beat Bustamente. So any vote for anyone other than Arnold, is a vote for Bustamente.

Do, if you prefer Bustamente, just say so, instead of coming up with all the bashing against Arnold.