Warren Buffett Endorses Hillary; Bernie sticks to small donors

Billionaire Warren Buffett threw his support behind Hillary Clinton during a Clinton Campaign stop in Omaha, Nebraska on December 16.

Buffett said that the odds were stacked in favor of the rich in the United States and that the incomes of the wealthy have skyrocketed over the past two-decades, while working-class wages have remained stagnant.

“That’s a primary reason — there’s a lot of other reasons, but it’s a primary reason — why I’m going to be so delighted when Secretary Clinton takes the oath of office,” Buffett said. “She will never forget the people who haven’t shared the same way.”

The event was a big financial gain for Hillary. The private event cost at least a $500 donation.

“I want to go even further, because Warren is 100 percent right, as usual,” Clinton said “I want to be the president for the struggling, the striving and the successful.”

Buffett’s claim of Hillary being in-touch with the working class came in the same week it was revealed that her campaign has received large amounts of support from Wall Street and the oil industry.

Bernie Sanders, Hillary’s main rival for the Democratic nomination became the first non-incumbent presidential candidate this week to garner more than two million small donations.

“Over two million contributions have been made to the only campaign that rejects a corrupt campaign finance system,” Sanders said in a video that his campaign released to announce the milestone. “You can’t level the playing field with Wall Street banks and billionaires by taking their money.”

The Republicans were quick to call-out Hillary on the juxtaposition of campaigning for the working class alongside one of the world’s wealthiest men.

“Campaigning with the third richest person on the planet is an odd way to communicate that she understands and cares about the needs of millions of Americans,” said Republican National Committee spokesman Michael Short.

In the end however, money is a smart political move. According to The Washington Post the candidate with the more money wins 91 percent of the time.

 

[Bloomberg] [Associated Press via ABC News] [Vice News] [The Washington Post]