What a complete shock.
After demonizing American producers for the last 9 months, rich donors decided to blow off the Obama-Buffett fundraiser last night in New York City.
The New York Post reported:
Tycoon Warren Buffett, headliner of last night’s fund-raiser for President Obama at the Four Seasons, reiterated his advice for a tax on “ultra-rich people who are paying very low tax rates.”
But the message appeared to have limited appeal to donors expected to pay $10,000 a plate; the turnout was “disappointing,” according to one guest.
An Obama fund-raising insider said the campaign has been getting resistance from some Wall Street donors from 2008 over the proposal, though Buffett said the event “went OK.”