Warren Buffett picks the candidate for 2016

Warren Buffett picks the candidate for 2016

Billionaire investor Warren Buffett has just endorsed Hillary Clinton for president in 2016. In this video interview on CNN, Buffett says there is no one more qualified than Clinton to take the presidency.

Buffett, is a Democrat who has raised money for the Democrat campaigns and he's the namesake for the bill known as the "Buffett Rule" that would require people earning $1 million a year or more to pay at least 30 per cent in taxes. The bill, which failed to pass the Senate in April, was intended to prevent the wealthy from paying a lower actual tax rate than most middle class workers, a proposal Buffett, Obama and a number of Democrats have endorsed.

Already the media has been speculating about Clinton making a run for it four years from now. Paul Farrell at MarketWatch says it could be Clinton versus Jeb Bush but he's putting his money on Condoleeza Rice to take on Clinton. "Americans are tired of costly, irrational wars racking up trillions in debt. Men are natural warriors, whether in defense budgeting, stock trading or with some deep psychological need to dominate.Women think very differently. Their mind-set is exactly what the new America needs for effective 21st century global leadership."

So watch this space, it will be fascinating.

Photo source Fortune Live Media


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