US billionaire Buffett backs Obama for president
Will this help Obama?
Yahoo- Warren Buffett, the world’s richest man, is backing Barak Obama for US president and thinks current US economic policy will push the dollar lower against other global currencies
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,” Buffett said.
Commenting on the US economy, the 77-year-old investor who is known as the “Sage of Omaha,” stressed that fiscal, monetary and trade policies were of great importance.
