Skip to comments.Warren Buffett Funds Obama’s International Fuel Bank?
Posted on 01/20/2011 5:39:35 AM PST by Opinionatedtoday
President Obama is lucky. It is not everyday that a Presidents legislative priority, as Senator, becomes a reality because of a billionaire. But thats what happened last month when famed investor and philanthropist Warren Buffett pledged $50 million to the International Atomic Energy Agency (IAEA) to create a global nuclear fuel bank to ostensibly discourage nations from enriching their own uranium. In 2007, as a Senator, Obama introduced legislation that would create an international fuel bank and give the IAEA, an arm of the United Nations, $50 million taxpayer dollars to begin to fund it.
Seems okay. Keeping track of nuclear materials would make the world safer without the use of dictators.
And Buffet will get his 26% a year off the top.
So, Iran, don’t make uranium. We’ll give you some from the Socialists Uranium Agency.