Monday, May 19, 2008

US Billionaire Buffett Backs Barack

Warren Buffett, the world's richest man, is backing Barack Obama for US president. The "Oracle of Omaha", the guy who runs 76 companies around the world, thinks current US economic policy, the Bush/McCain policies, will push the dollar lower against other global currencies. Can you imagine a weaker dollar?

Buffett told a press conference here Monday he had offered support to both Obama and Democratic rival Hillary Clinton but that since it appeared Obama would win the party's nomination, "I will be very happy if he is elected president. He is my choice."

Check it.

No comments: