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Keyword: buffett

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  • Warren Buffett, Reluctant PAC Man, Is Ready for Hillary [link only]

    12/05/2014 5:54:06 AM PST · by C19fan · 3 replies
    Bloomberg [Link Only] | December 4, 2014 | Lisa Lerer
    link only: http://www.bloomberg.com/politics/articles/2014-12-04/warren-buffett-bets-big-on-hillary-clinton
  • Warren Buffett's Massive Railroad Lobby

    11/19/2014 8:07:04 AM PST · by upbeat5 · 41 replies
    Muckety ^ | May 5, 2014 | Laurie Bennett
    What do train whistles and Warren Buffett have in common? If you answered old-fashioned charm, you’re wrong. The Sightline Institute, a Seattle-based think tank, calls the avuncular billionaire “the man behind the exploding trains.” Buffett’s company, Berkshire Hathaway, owns Union Tank Car Company, North America’s largest leaser of tank cars. Berkshire also owns BNSF Railway Company, which moves many of those cars.
  • Buffett Set to Save More Than $1 Billion in Taxes With Duracell Stock Swap

    11/13/2014 11:56:25 AM PST · by reaganaut1 · 10 replies
    Bloomberg | November 13, 2014 | Noah Buhayar, Richard Rubin and Zachary Tracer
    No excerpt allowed from Bloomberg, story here
  • Warren Buffet--**** anti-USA hypocrite who just exists to kill babies (vanity rant)

    08/26/2014 8:43:48 AM PDT · by Mamzelle · 16 replies
    personal rant | 8/26/14 | Mamzelle
    So Warren wants to ruing the middle-class taxpayer with his Obama-worship, then hightail his ancient, fetid aZZ to a favorable tax climate. And his "legacy" is three million abortions. Has there been a worse human being in the news lately?
  • Keystone southern leg pumped billions; what's Obama waiting for?

    07/11/2014 3:50:17 PM PDT · by Brad from Tennessee · 14 replies
    Washington Examiner ^ | July 11, 2014 | By Mark Tapscott
    President Obama has delayed making a decision on whether to approve construction of the northern leg of the proposed Keystone XL pipeline for nearly six years. Meanwhile, the recently completed southern leg of the pipeline, which connects the huge pipeline storage hub in Cushing, Okla., with Gulf Coast refineries in Texas and Louisiana, has pumped billions of dollars into the regional economy. That flow of investment has also sparked creation of thousands of new jobs, especially in Oklahoma and Texas, according to an economic impact study. The study by the Consumer Energy Alliance found completion of the southern leg of...
  • Kill Keystone Pipeline And You Kill Americans

    06/11/2014 5:22:38 PM PDT · by jazusamo · 8 replies
    Investors.com ^ | June 11, 2014 | IBD Editorial
    Energy: As a big Dem donor talks of pipeline terrorism, new federal reports warn that killing Keystone XL will overburden rail transport of oil and result in more frequent and deadlier environmental disasters. Environmentalists who claim that the Keystone pipeline from Canada represents an unprecedented environmental threat ignore that the pipeline would pose no greater danger than the more than 50,000 existing miles of safely operating pipeline already crisscrossing the U.S. They also ignore the very real and growing environmental danger in the only viable alternate for transporting oil — by rail. Keystone would not only carry oil from Canada...
  • How Warren Buffett Milks Consumers & Taxpayers Through Wind Energy

    05/28/2014 10:45:21 AM PDT · by george76 · 9 replies
    NLPC ^ | 05/21/2014 | Fred N. Sauer
    wind energy is highly inefficient and requires additional transmission lines and back-up gas generators when the wind doesn't blow. Yet, windmills keep getting built, thanks to government subsidies. But it is very hard to trace these subsidies. Vague statements about "tax credits" and "mandates" give no hint of the magnitude of returns that these subsidies provide to crony windmillers. Indeed, in the Carnahan Special Report, we had to burrow into financial statements of a foreign company and its subsidiary to understand where all the money was going. The principal information was buried in an arcane note to these financial statements....
  • HEDGE FUND MANAGER: Warren Buffett 'Is Basically A Tax Evader'

    05/15/2014 5:31:37 PM PDT · by george76 · 15 replies
    Business Insider ^ | May 15, 2014 | Julia La Roche
    Macro fund manager John Burbank of Passport Capital joked that Warren Buffett is "basically a tax evader" at the SALT conference and attendees started clapping and laughing. ... "I just hate when he tells you to pay taxes," Burbank added to more cheers and laughs from the crowd. "That's a different concept. If you're asking me if he's become somewhat hypocritical. I don't want to go there. What I'm saying is his returns after tax are phenomenal. And nobody talks about the fact that he's tax efficient. Political views, etc. I don't want to go there," Cooperman said.
  • Warren Buffett Gave Enough to Abort All of Chicago (more than 2.5 million lives)

    05/14/2014 10:42:25 AM PDT · by xzins · 44 replies
    CBN ^ | May 14, 2014 | CBNNews.com
    Billionaire investor Warren Buffett is being called "the true face of abortion." The Media Research Center's Culture and Media Institute discovered that Buffett gave roughly $1.2 billion to abortion groups around the world between 2001 and 2012. That's potentially enough money to abort the entire population of Chicago -- or more than two-and-a-half million lives. Among the groups Buffett helped fund are Planned Parenthood, NARAL and the Population Council. The biggest portion, almost $300 million, went to Planned Parenthood. The major media outlets often report on Buffett's "philanthropy," but they've ignored his billion dollar abortion funding. "The liberal media love...
  • Effort to Approve Keystone Collapases in Senate

    05/12/2014 4:18:02 PM PDT · by lbryce · 27 replies
    CNN ^ | May 12, 201 | Fred Barrett
    A bipartisan Senate effort to approve the controversial Keystone XL pipeline collapsed Monday making it unlikely a politically potent vote on the project will take place before November’s midterm election. A vote on Keystone was tied to the fate of an unrelated energy efficiency bill that has support in both parties. But that measure failed to get the 60 votes it needed to move forward after getting bogged down in partisan fighting over whether GOP amendments would be allowed.
  • Warren Buffett has given $1.2 billion to abortion groups

    05/13/2014 5:52:21 AM PDT · by SoFloFreeper · 36 replies
    Fox News ^ | 5/13/14 | Dan Gainor
    May 13, 2014 marks one year since Philadelphia abortion Dr. Kermit Gosnell was convicted of first-degree murder “in the deaths of three babies who were delivered alive and then killed with scissors at his grimy, ‘house of horrors’ clinic,” according to AP. Gosnell instantly became the face of abortion in in the prolife community. But there’s another, more recognizable face pushing abortion in the U.S. – liberal billionaire Warren Buffett. The so-called “Oracle of Omaha” has donated more than $1.2 billion to abortion organizations from 2001 to 2012.
  • BREAKING: Warren Buffett Buys WPLG! [Democrat Owns ABC Station in Miami, Florida]

    03/15/2014 5:30:49 PM PDT · by SoFloFreeper · 16 replies
    sfltv.com ^ | 3/12/14
    Billionaire Warren Buffet’s iconic company Berkshire Hathaway will trade 1.6 million shares of Graham Holdings stock in exchange for WPLG, according to a report from Deadline It’s been known for a while that Buffett wants to exit Graham Holdings, formerly known as the Washington Post Co., who are left with only their TV stations and a business in the education sector. Buffett will allegedly get WPLG plus an unspecified amount of cash. The Washington Post company bought WPLG in 1969 and changed its call letters to WPLG in memory of Phillip L. Graham, the husband of Washington Post publisher Katherine...
  • Warren Buffett Gives Millions to Pay for Abortions

    03/05/2014 6:49:21 PM PST · by don-o · 22 replies
    National Review Online ^ | March 5, 2014 | Betsy Woodruff
    Millions of dollars from the fortune of legendary investor Warren Buffett are going to pay for abortions, according to documents from Buffett’s charitable organization and abortion-providing groups. Buffet, whose preternatural investing success has made him the fourth richest person in the world, is often described as folksy. But the Sage of Omaha is also a longtime population-control buff, and his foundation pours tens of millions of dollars into abortion-funding work every year. In 2011, his foundation gave more than $115 million to pro-choice groups, with a large portion of that going to groups that fund abortions rather than merely doing...
  • WARREN BUFFETT: I'm Buying Stocks If They Fall Today, And Bitcoin Is Not A Currency

    03/03/2014 7:54:06 AM PST · by SeekAndFind · 21 replies
    Business Insider ^ | 03/03/2013 | sam Ro and Linette Lopez
    Two days after publishing his annual letter to shareholders, Warren Buffett is on speaking on CNBC with Becky Quick. Equity fund managers Todd Combs and Ted Weschler will also be on later in an extremely rare appearance. On Ukraine Off the bat, Quick asked for his take on the tension in Ukraine. Rather than addressing the turmoil directly, Buffett said that he does not consider these types of skirmishes when he invests in companies. "I never really buy businesses based on macro factors," he said. He noted that he invested in his first business in the wake of the attack...
  • Warren Buffett has some explaining to do ahead of his Annual General Meeting

    02/24/2014 6:46:08 AM PST · by SeekAndFind · 3 replies
    New York Post ^ | 02/24/2014 | By Terry Keenan
    Just in time for Warren Buffett’s release of his 2014 annual letter to shareholders this coming Saturday, Oracle-watchers last week were privy to another iteration of the “Buffett Rule.” No, not the one where he wants Americans who are trying to build a nice nest egg one paycheck at a time to pay far more in taxes than he does on his accumulated billions, but a broader interpretation of his quiet hypocrisy — that is, “Do what I say, not as I do.” In this case, the issue for Buffett and his Berkshire Hathaway came as the company was caught...
  • State Dept.: Not Building Keystone Pipeline Could Increase Greenhouse Gas Emissions

    02/04/2014 1:45:50 PM PST · by ColdOne · 9 replies
    cnsnews.com ^ | 2/4/14 | Barbara Hollingsworth
    CNSNews.com) -- Not building the 875-mile Keystone XL Pipeline could result in the release of up to 42 percent more greenhouse gases than would be released by building it, according to the State Department. Not building the pipeline “is unlikely to significantly impact the rate of extraction in the [Canadian] oil sands or the continued demand for heavy crude oil at refineries in the United States,” the department noted in a long-awaited environmental report released January 31st. But the “No Build” option is likely to result in an increased number of oil spills, six more deaths annually, and up to...
  • Obama Donor Will Run Anti-Keystone Ad During SOTU

    01/28/2014 7:01:54 AM PST · by rktman · 25 replies
    Breitbart.com ^ | 1/27/2014 | Joel B. Pollak
    Billionaire Obama donor Tom Steyer, who is funding and leading the environmentalist campaign against the Keystone XL pipeline, will air an anti-Keystone ad on MSNBC before and after President Barack Obama's State of the Union address on Tuesday evening. The minute-long ad, entitled "Sucker Punch," claims that Canada may not send its tar sand oil through the pipeline to the U.S., and implies it will send the oil to China instead.
  • TransCanada will look at rail if Keystone XL rejected

    01/16/2014 5:44:12 AM PST · by thackney · 32 replies
    AP via Fuel Fix ^ | January 15, 2014 | Rob Gillies
    The chief executive of TransCanada said Wednesday if the Obama administration doesn’t approve the controversial Keystone XL pipeline his company will look to the more dangerous alternative of building build rail terminals in Alberta and Oklahoma. President Barack Obama is expected to decide early this year on Keystone XL, which is under review at the State Department. The long-delayed pipeline would carry oil from Canada to the Gulf Coast. TransCanada CEO Russ Girling said pipelines are “by far a safer alternative” to oil trains but said if customers want him to build rail terminals he will. He said he’s in...
  • Could US lose access to Keystone oil? Canada moves to Plan B

    01/15/2014 3:27:54 PM PST · by jazusamo · 31 replies
    Fox News ^ | January 15, 2014 | Dan Springer
    Where crude oil is concerned, Canada waits for no country. It doesn’t matter how wealthy or how friendly that country is -- or whether that country is the United States. With the Canada-to-Texas Keystone XL pipeline stuck in limbo on the U.S. side, Canada’s Energy Board recently gave a thumbs up to a $6.5 billion pipeline designed to carry 525,000 barrels of oil per day from the oil sands of Alberta to ships on the British Columbia coast. The final destination is most likely Asia. The development has the U.S. oil industry attacking the Obama administration over its drawn-out process....
  • Buffett says he passed on buying Washington Post

    10/23/2013 3:45:31 PM PDT · by Olog-hai · 11 replies
    Associated Press ^ | Oct 23, 2013 5:32 PM EDT | Josh Funk
    Investor Warren Buffett says he didn’t buy the Washington Post because he didn't want it to be a burden on his company or family. His Berkshire Hathaway Inc. conglomerate has purchased dozens of other newspapers since 2011. And Berkshire was the largest Washington Post Co. shareholder before the newspaper was sold to Amazon CEO Jeff Bezos for $250 million. But Buffett told Fortune magazine he only briefly considered buying the Post because he didn’t want to saddle Berkshire’s next CEO or his children with a metro newspaper. …