Barack Obama Advisor Warren Buffet Gives Millions to Pro-Abortion Groups
by Steven Ertelt
October 21, 2008
Washington, DC (LifeNews.com) — During the third and final presidential debate last week, Barack Obama mentioned investment guru Warren Buffet as a financial advisor. Obama called Buffet a "my friend and supporter," but failed to mention Buffet has given millions of dollars to pro-abortion groups.
Buffett is the chairman and CEO of Berkshire Hathaway and, due to public pressure from pro-life advocates, Berkshire Hathaway announced in June 2003 that it would end all corporate charitable donations.
Prior to that, through his Buffett Foundation, Buffett supported the most radical aspects of the population control movement such as providing $2 million to fund clinical trials of Mifepristone (RU-486) — the dangerous abortion drug that has killed more than a dozen women worldwide.
Buffett also provided $2 million to Family Health International for the distribution of quinacrine hydrochloride, a chemical that sterilizes a woman by burning her fallopian tubes.
Quinacrine is illegal in the U.S., but is used, often coercively, in Vietnam, India, and other nations.
In the late 1990s, Buffett committed to a $20 million grant to International Projects Assistance Services (IPAS), which manufactures and distributes manual vacuum aspirators, used for performing abortions in impoverished countries.
Buffet had also made donations to Planned Parenthood in the name of Pampered Chef, a cooking sales program with a high participation from Christian women. After Berkshire Hathaway purchased Pampered Chef, it donated $11 million to pro-abortion organizations in 2002.
In making preparations for the dispersal of his fortune before his death, Buffet told Fortune magazine in June 2006 that he will leave about 80 percent of his estate to the Bill Gates foundation, which has donated millions of dollars to support abortion.
In total, Buffet will leave Gates about $37 billion. Those donations cause concern for pro-life advocates because the Gates Foundation has given the Planned Parenthood Federation of America abortion business almost $12.5 million since 1998, including funds to persuade teenagers to support abortion and to lobby the United Nations to advance pro-abortion proposals.
The Gates foundation has also given nearly $21 million to the International Planned Parenthood abortion business over the last seven years. The funds have gone to promote abortions in third-world nations and to set up pro-abortion family planning centers in South America, Africa and eastern European nations.
Bill Gates and his wife have also spent millions promoting abortion closer to home.
Their foundation has given nearly $2 million to Planned Parenthood of Central Washington and Planned Parenthood of Western Washington to fund abortion centers. The Gates Foundation also gave the Planned Parenthood Federation of Canada more than $1.3 million to promote abortions there.
"What can be more logical, in whatever you want done, than finding someone better equipped than you are to do it?” Buffett said. "Who wouldn’t select Tiger Woods to take his place in a high-stakes golf game? That’s how I feel about this decision about my money.”
Gates, who recently stepped down as the head of Microsoft to focus on the foundation, and Buffett are long-time friends and Gates serves as a board member of Berkshire Hathaway.
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