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Berkshire Chairman Warren Buffett Announces Support for 2020 Hopeful, Behind the Curtain

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In an interview with CNBC’s Becky Quick, Berkshire Hathaway’s Chairman and CEO Warren Buffett says he would support Michael Bloomberg for president,” says CNBC’s YouTube page.

Buffett says he thinks [Michael] Bloomberg would be a good president because he knows how to run things and he understand people and the markets. Buffett also addresses where he falls on the political ideological spectrum and how his views have changed over the years,” per CNBC.

Berkshire Hathaway Chairman Buffett, per reports, has been ‘briefed’ about MHProNews tracking of his comments.  If so, that may explain why his comments about Clayton Homes and their related lending units in his 2018 comments and their annual report were muted.

With that same point in mind, it should be noted that Buffett – who has touted his Democratic credentials, in this video interview begins by making his approach seem more bipartisan.  Not so, per federal donations MHProNews reported last year during the run-up to 2018. Those federal disclosures reflected that 100 percent of his giving went to Democrats.  The graphic below, a collage from MarketWatch, summarized that reveal.

WarrenBuffettMarketWatchGivingIn2018CampaignDemocrats

Can you hear a Berkshire spokesperson spelling, disingenuous spin?

That’s not to say that he’s never given to Republicans.  It is to reflect that recently, per known facts, that he’s been even more Democratic backing than in other years. Deeper into this interview, he says as much.

In Buffett’s video about the already hot-and-heavy 2020 campaign, he said that he’d support fellow billionaire, and equally leftist pro-Democratic hopeful, Michael Bloomberg.

 

Buffett’s analysis on Starbuck’s billionaire Howard Schultz in this video is an interesting one. It is indeed logically more likely that, should Schultz run as an independent, that he would pull more votes from Democrats than from Republicans.  At the same time, if Democrats nominate a far left candidate, would Schultz later proven helpful to his favored party by staking out a more moderate position for the future?

The so-called “Oracle of Omaha” said he hopes no third party candidate runs, because they could “thwart the will of the people.”

Buffett has consistently opposed candidate Donald J. Trump during the 2016 campaign – and by various accounts – including quotes from Buffett himself, was dismissive of Mr. Trump in business during the years prior to his successful 2016 campaign.  See related reports below the byline, offers, and notices for more.

ForbesTOP10BillionairesPartyPoliticalSupportTendenciesManufacturedHomeLivingNews
The Democrats are not the same party that they used to be. Neither are the Republicans. Democrats have tilted socialist, and many say so openly. The GOP is becoming more Trumpian.

 

Links to his annual letter and the Berkshire Hathaway annual reports – including the details on Clayton Homes and their related lending – are found below the bylines.

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SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

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America woke up today to division. But perhaps 75 percent (+/-) of the nation’s people could come together on a plan that demonstrably could do the following. Increase the U.S. Gross Domestic Product (GDP) by some $2 Trillion Annually, without new federal spending.

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