Warren Buffett, the world's second wealthiest
person, said on Sunday he had joined Democratic presidential candidate
John Kerry's economic advisory team.
Buffett has long been a critic of the tax policies of the Bush
administration, which he believes favor the wealthy and big
corporations over the middle class. [...]
Buffett, whose net worth is estimated by Forbes at $42.9 billion, said
he was not likely to have much contact with Kerry and expected to play
a limited role.
He said that he believed the election would be more about Bush than
about Kerry. "I personally think our election will be a referendum on
George W. Bush," Buffett said. "The Kerry campaign is much less
important than how people feel about Bush." Buffett's support of Kerry
is the second time in the past year he has entered the political fray.
Though a Democrat, Buffett was an economic advisor to Arnold
Schwarzenegger, a Republican, in his successful bid to become governor
of California.