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Keyword: buffett

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  • Moody's and Buffett and Hillary’s Tax Plan

    10/13/2016 8:10:21 AM PDT · by ChessExpert · 3 replies
    American Thinker ^ | October 13, 2016 | Jack Hellner
    Economists from Moody’s Analytics write articles saying that Hillary’s economic policies are better for the economy than Trump’s policies. These articles come can come from Mark Zandi, Don White or in this case, Jeff Benjamin. Whenever any article comes from Moody's analytics a footnote should show that a major shareholder of Moody's is Warren Buffett who campaigns for Hillary. The image they project is that Moody's is an objective, independent source. Zandi is always trotted out as the independent economist whenever Obama or Hillary need an economist to support their policies.
  • Surfing in a Hurricane

    10/06/2016 12:26:29 PM PDT · by LonePalm · 5 replies
    Youtube ^ | 6 October 2016 | LonePalm
    A little entertainment while waiting for Hurricane Matthew. Click the picture and enjoy y'all.
  • Senators Call For ... Wells Fargo As Warren Buffett Vows To Keep Silent Until After Election

    09/22/2016 4:48:03 PM PDT · by Rusty0604 · 11 replies
    Zerohedge ^ | 09/22/2016 | Tyler Durden
    That did not take long. Just hours after a CNN report suggested that Wells Fargo was retaliating, and firing, company whistleblowers who had spoken out against the company's illegal "account creation" practices (while blaming them of being "tardy"), moments ago Reuters reported that Senators have asked the Labor Department to investigate Wells Fargo for potential violations of Fair Labor Standards Act. To be sure, now would be a perfect time for Wells Fargo's biggest shareholder, Warren Buffett - who owns a 10% stake in WFC - to speak up in defense of his favorite US bank, alas that won't happen....
  • Warren Buffett buys more Wells Fargo stock on a dip [Hillary supporter is its largest stockholder!]

    09/20/2016 11:29:45 AM PDT · by SoFloFreeper · 10 replies
    Market Watch ^ | 3.29.2016
    Warren Buffett showed that the selloff in Wells Fargo & Co.’s stock this year has just made him love the banking giant even more, as he boosted his stake in the company to 504.3 million shares, according to regulatory filings. Buffett’s investment vehicle Berkshire Hathaway Inc. BRK.B, +0.01% now owns 10% of Wells Fargo’s common stock outstanding, making him by far the largest shareholder. That is up from 479.7 million shares, or a 9.45% stake, as of Dec. 31, filings show.
  • Berkshire is accused in NY lawsuit of workers' comp 'siphoning'

    09/12/2016 2:22:11 PM PDT · by george76 · 4 replies
    Reuters ^ | Sep 12, 2016 | Jonathan Stempel
    Berkshire Hathaway Inc has been sued by a New York bicycle courier company over an alleged illegal scheme to cheat employers buying workers' compensation policies. The complaint, filed late Friday by Breakaway Courier Systems, came as Berkshire's Applied Underwriters unit faces scrutiny over its workers' compensation policies, including some that have been banned by California, Vermont and Wisconsin. Breakaway, with about 300 employees, accused Berkshire and Applied of "siphoning" premiums through a web of illegal shell companies, with diverted premiums going to unlicensed out-of-state insurers. The plan amounted to a "reverse Ponzi scheme" where unsuspecting employers expecting to buy affordable...
  • Twin Falls Newspaper Financed by Globalist Warren Buffett Attacks Breitbart

    08/25/2016 4:39:44 PM PDT · by george76 · 9 replies
    Breitbart ^ | 25 Aug 2016 | Michael Patrick Leahy
    The daily paper, which operates as, in effect, a local monopoly in the small southern Idaho city at the center of a sexual assault of a 5 -year-old American-born girl involving three Muslim refugee boys, is owned by Lee Enterprises, which received a $2.1 million loan in 2012 and another $9 million loan in 2013 from a subsidiary of Berkshire Hathaway, the conglomerate controlled by globalist billionaire Warren Buffett, an ardent supporter who endorsed Hillary Clinton in December. ... The Twin Falls Times-News op-ed generated a number of comments from local readers, some backing the paper’s reporting as “objective,” but...
  • The Warren Buffet Economy: How Central Bank Enabled Financialization Divided America

    08/05/2016 9:03:38 PM PDT · by ameribbean expat · 16 replies
    During the 29 years after Alan Greenspan became Fed chairman in August 1987, the balance sheet of the Fed exploded from $200 billion to $4.5 trillion. Call that a 23X gain. That’s a pretty massive increase—so let’s see what else happened over that three-decade span. Well, according to Forbes, Warren Buffett’s net worth was $2.1 billion back in 1987 and it is now about $73 billion. Call that 35X. *** Further down the Greenspan era rabbit hole, we have the average weekly wage of full-time workers in inflation adjusted dollars. In constant 1982 dollars that was $330 per week in...
  • Crowd Cheers Clinton's Call To 'Raise Taxes On The Middle Class'

    08/03/2016 4:47:03 PM PDT · by Cheerio · 105 replies
    The Daily Wire ^ | August 3, 2016 | Robert Kraychik
    Hillary Clinton called for raising taxes on the “middle class” while campaigning on Monday in Omaha, NE. Joined by left-wing Democrat billionaire Warren Buffett, she received applause from those in attendance. “Because while Warren is standing up for a fairer tax code, Trump wants to cut taxes for the super-rich,” said Clinton. “Well, we’re not going there, my friends. I’m telling you, right now - we’re going to write fairer rules for the middle class and we are going to raise taxes on the middle class!”
  • WATCH: Crowd Cheers Clinton's Call To 'Raise Taxes On The Middle Class'

    08/03/2016 5:17:44 PM PDT · by Beave Meister · 16 replies
    Daily Wire ^ | 5/3/2016 | ROBERT KRAYCHIK
    Hillary Clinton called for raising taxes on the “middle class” while campaigning on Monday in Omaha, NE. Joined by left-wing Democrat billionaire Warren Buffett, she received applause from those in attendance. “Because while Warren is standing up for a fairer tax code, Trump wants to cut taxes for the super-rich,” said Clinton. “Well, we’re not going there, my friends. I’m telling you, right now - we’re going to write fairer rules for the middle class and we are going to raise taxes on the middle class!”
  • Warren Buffett, Hypocrite!

    08/02/2016 9:07:47 AM PDT · by LRoggy · 18 replies
    Vanity | 8/2/16 | LRoggy
    Warren Buffett, Hypocrite Yesterday’s media circus performance by Warren Buffett has shown him to be not worthy of the exalted platform he has been elevated to by far too many in society. It’s time to call him out for it. Late in 2015 Salon writer David Dayen took him to task concerning the business practices of a number of Berkshire Hathaway subsidiaries and they bear noting: One late paragraph in particular stands out: Warren Buffett may be a charming guy in person. The spectacle of a billionaire who drinks Coke and eats potato sticks every day is surefire media...
  • Hillary Clinton Loads Up Omaha Rally With High School Kids – Still Can’t Fill It Up!

    08/01/2016 10:28:55 PM PDT · by Ray76 · 62 replies
    Gateway Pundit ^ | Aug 1, 2016 | Jim Hoft
    Hillary Clinton held a rally today at North High School in Omaha. The gym was half empty when the rally started. She packed the high school gym with high school kids who are too young to vote.
  • Billionaire Warren Buffett Pledges to Drive Voters to the Polls in Nov.

    08/01/2016 7:17:26 PM PDT · by SoFloFreeper · 63 replies
    NBC Bay Area ^ | 8/1/16 | Asher Klein
    "I’m gonna be doing selfies, whatever it takes," Buffett said, before introducing Hillary Clinton at a rally in Omaha, Nebraska Buffett pledged to "take at least 10 people to the polls who otherwise would have had difficulty getting there" on November 8, challenging his congressional district to "give America a civics lesson."
  • Why Warren Buffett Is Campaigning for Hillary Clinton—And How Much He’s Spending To Do It

    08/01/2016 6:54:48 PM PDT · by SoFloFreeper · 20 replies ^ | 8/1/16 | Alexandra Mondalek
    The Oracle of Omaha is one of several billionaires to back her. Hillary Clinton may be having a tough time reaching average American voters, but she’s having no trouble courting billionaires. On Monday afternoon, Berkshire Hathaway CEO Warren Buffett delivered a speech at a Hillary Clinton campaign event in his hometown, a few months after endorsing the Democratic nominee for president. ...In October 2014, Buffett gave $25,000, the most he’s donated to benefit any single candidate, to a Super PAC dedicated to helping Clinton, called Ready for Hillary. To be sure, Buffett has given sums totaling $30,000 or more to...
  • Buffett to Trump: America is already greater than ever

    05/02/2016 7:06:31 AM PDT · by GilGil · 69 replies
    Yahoo ^ | 5/2/2016 | Matthew Belvedere
    In a veiled shot at GOP presidential front-runner Donald Trump , fellow billionaire Warren Buffett on Monday dismissed the real estate mogul's campaign slogan. "There's no need to 'make America great again.' America is greater than it's ever been," Buffett said during a wide-ranging interview on CNBC's "Squawk Box." Buffett, a supporter of leading Democrat Hillary Clinton, said America is going to "become ever greater
  • The Latest: Berkshire investors reject climate change report

    05/01/2016 7:44:23 AM PDT · by rktman · 18 replies ^ | 4/30/2016 | unknown
    Berkshire Hathaway shareholders have overwhelmingly rejected a resolution calling for the company to write a report about the risks climate change creates for its insurance companies. CEO Warren Buffett says he agrees that dealing with climate change is important for society, but he doesn’t think climate change creates serious risks for Berkshire’s insurance businesses. Buffett says the fact that Berkshire generally writes insurance policies for one-year periods allows it to regularly re-evaluate risks, such as climate change. The activists who proposed the motion tried to urge Buffett to take a public stance in favor of measures to reduce consumption of...
  • Donald Trump as president? Warren Buffett says it wouldn’t hurt U.S. businesses.

    04/30/2016 8:00:49 PM PDT · by Innovative · 18 replies
    Washington Post ^ | Apr. 30, 2016 | Margaret Collins and Noah Buhayar
    A Donald Trump presidency wouldn’t be the blow to U.S. business that some fear, according to Warren Buffett, chairman and chief executive of Berkshire Hathaway. “If either Donald Trump or Hillary Clinton becomes president, and one of them is very likely to be, I think Berkshire will continue to do fine,” Buffett, 85, said at the company’s annual shareholders meeting Saturday in Omaha. The outcome of November’s presidential election is unlikely to change the fact that the United States is a “remarkably attractive place in which to conduct a business,” said Buffett, who in December endorsed Clinton (D) at a...
  • Warren Buffett says it's 'highly likely' climate change poses a major problem for the planet

    02/27/2016 6:50:23 AM PST · by Oldeconomybuyer · 29 replies
    Business Insider ^ | February 27, 2016 | by Akin Oyedele
    Warren Buffett doesn't think climate change is a major worry for Berkshire Hathaway shareholders. Buffett writes that he is not denying the science showing that climate change will likely be a problem. But he's just not 100% certain that it will be. Buffett adds that Berkshire Hathaway's insurance business stands to benefit from an increase in property damage caused by the effects of climate change. Insurance policies, Buffett writes, are typically written for one year and re-priced each year to account for shifting risks. And so, if risks - from climate change or otherwise - go up, so will premiums.
  • Does Buffett See A Bottom In Oil Prices

    01/19/2016 7:53:14 AM PST · by bananaman22 · 11 replies ^ | 19-01-2016 | rak
    Warren Buffett has been consistently wrong on oil, but many experts are calling a bottom on oil prices now that the investor extraordinaire has upped his ante in Phillips 66, betting that he can’t be wrong three times in a row. Buffett’s Berkshire Hathaway Inc. paid some $390 million for another 5.1 million shares of oil refiner Phillips 66 this month, boosting its investment to 65.68 million shares that today are worth around $5.21 billion. Phillips 66 shares closed up at $4.03 (5.4 percent) at $79.28 on the New York Stock Exchange on the deal. Experts have been calling the...
  • Who Gave Warren Buffett a License to be Born?

    01/12/2016 4:23:07 AM PST · by CharlesOConnell · 11 replies
    Freep | 1/16/2016 | Charles O'Connell
    Warren Buffett has given at least $64 million to population control, especially abortion, of those poor Moms who have been pressured by parents, boyfriends and bosses into committing the worst mistake of their lives.All so consumers will have more disposable income with which to buy his Berkshire Hathaway products. Products that won't love you when you're old and sick.Sixty-Four Percent (64%) of Aborting Moms “Felt Pressured By Others” (217 sample population) Induced abortion and traumatic stress: A preliminary comparison of American and Russian women Vincent M. Rue, Priscilla K. Coleman, James J. Rue, David C. ReardonMed Sci Monit 2004; 10(10):...
  • Buffett Uses Selective Data on Tax Stance

    12/29/2015 6:17:18 AM PST · by george76 · 16 replies
    WSJ ^ | Dec. 28, 2015
    By suggesting the richest 400 Americans have seen their effective tax rate drop by one-third and thus they should back a 30% minimum tax rate, Mr. Buffett is deflecting attention toward rates and away from itemized deduction and tax-avoidance regulations. It is interesting to see Warren Buffett using selective data to steer the Hillary Clinton tax plan away from tax reform that would truly unhinge the superwealthy .. By suggesting the richest 400 Americans have seen their effective tax rate drop by one-third and thus they should back a 30% minimum tax rate, Mr. Buffett is deflecting attention toward rates...
  • Obama: Keystone would make planet ‘uninhabitable’

    11/09/2015 3:25:13 PM PST · by jazusamo · 93 replies
    The Washington Times ^ | November 9, 2015 | David Boyer
    President Obama said Monday that the Keystone pipeline and other such fossil-fuel development projects would make Earth "uninhabitable." "We've got to lead by example, because ultimately, if we're going to prevent large parts of the Earth from becoming not only inhospitable but uninhabitable, then we're going to have to keep some fossil fuels in the ground rather than burn them," Mr. Obama told cheering grassroots supporters at a gathering in Washington.
  • Here's The Real Reason Obama Killed The Keystone XL Pipeline

    11/09/2015 6:44:45 AM PST · by SeekAndFind · 24 replies
    IBD ^ | 11/09/2015
    President Obama has junked the Keystone XL pipeline. His stated reason: The U.S. needs to lead the "serious action to fight climate change." His real reason is different. 'America," Obama said, is "now a global leader" in the climate war, "and frankly, approving this project would have undercut that global leadership." He insists now is the time to "protect the one planet we've got while we still can." Though his rhetoric will resonate with those who want to hear that sort of bunkum, the rest of us recognize its vast emptiness. Obama's decision Friday was based on nothing more than...
  • Trump Supporter, Billionaire Investor Carl Icahn Starts $150M Super PAC

    10/22/2015 1:02:37 PM PDT · by Helicondelta · 24 replies ^ | October 22, 2015
    Billionaire investor and longtime Donald Trump supporter Carl Icahn announced he is launching a $150 million super PAC to revise corporate tax law. Trump has indicated Icahn may be his choice for Treasury secretary should he win his bid for president. Icahn, in a letter to House and Senate leaders, said he wants Congress to pass legislation that will stop U.S. companies from moving profits overseas for lower tax rates, formally known as corporate tax inversions. He said lawmakers must be "accountable for the current gridlock in Congress that prevents important legislation from being passed." "In the last few years...
  • The mystery billionaire giving millions to Planned Parenthood to pay for poor women’s abortions

    10/01/2015 11:56:44 AM PDT · by wagglebee · 36 replies
    LifeSiteNews ^ | 10/1/15 | Abby Johnson
    Sept. 28, 2015 (LifeSiteNews) - Three weeks after I left my job at the clinic, Planned Parenthood took me to court. I am always asked, “Why would they take you to court? Did they have something to hide?” Well, yes. They absolutely had something to hide. They didn’t want me sharing the information in this article. Let’s expose the truth, shall we? Yes, I do realize that releasing this information puts me in a precarious situation. But it’s always better for the truth to be out…no matter the cost. It was life changing. I remember the first time we were...
  • "Some People Just Don't Fit In The Economy" Buffett Explains: "We'll Send Them Off To Afghanistan"

    09/09/2015 11:43:39 AM PDT · by tang-soo · 19 replies
    Zero Hedge ^ | 9/8/2015 | Tyler Durden
    "You want everybody educated to their potential. You want people to reach their potential. That still won't work for some people in a highly developed market system. I mean if this were a sports-based system, you could give me a PhD in football, and I could practice eight hours a day, and I might be able to carry the water from, not onto the field, but from the locker room to the bench. There's just some people don't fit well into a highly skilled market-based economy. They're perfectly decent citizens. We'll send them off to Afghanistan, but they are not...
  • "Some People Just Don't Fit In The Economy" Buffett Explains: "We'll Send Them Off To Afghanistan"

    09/08/2015 5:58:15 PM PDT · by Nachum · 63 replies
    zero hedge ^ | 9/8/15 | Tyler Durden
    Not to be outdone by his partner Charlie Munger (who offended many with his comments that "gold is a great thing to sew onto your garments if you're a Jewish family in Vienna in 1939,"), Berkshire Hathaway's Warren Buffett - having already taken on Europe, comparing Greece to a "dog peeing on the carpet" of Europe, suggesting Germany stop "rewarding behavior you want to get rid of" - takes aim at the military. Speaking on Bloomberg TV, the octagenerian oracle of offense just unfriended every American veteran... "You want everybody educated to their potential. You want people to reach their...
  • Massive Fire Rages After Another Buffett-Owned Oiltrain Derails In North Dakota, Town Evacuated

    05/06/2015 3:11:22 PM PDT · by george76 · 36 replies
    Exactly two months after the latest Warren Buffett-owned BNSF train derailed near the spot where the Galena river meets the Mississippi, resulting in a huge fire and the evacuation of all homes in a one mile radius, moments ago another of Buffett's BNSF oil trains derailed, this time near the town of Heimdal, North Dakota, resulting in the same outcome. According to the Bismark Tribune, the town in Wells County was evacuated Tuesday morning after a train full of oil tanker cars derailed and burned about a mile and half east of here. ... For those concerned that these countless...
  • Warren Buffett: Artificial Intelligence Will Decide Whether Humans Live or Die

    04/02/2015 6:02:04 AM PDT · by Enlightened1 · 26 replies
    You Tube ^ | 04/02/15
    Billionaire investor Warren Buffett says that the decision on whether humans live or die will be left to artificial intelligence when self-driving cars become a reality.
  • Thousands Of Layoffs Coming After Buffett Merges Heinz With Kraft, 5th Largest Food Company

    03/25/2015 8:46:35 AM PDT · by SeekAndFind · 20 replies
    Zero Hedge ^ | 03/25/2015 | Tyler Durden
    Another day, another mega-M&A deal taking advantage of abnormally low bond rates, this time however not involving biotechs or a specialty pharma seeking to purchase a debt-free balance sheet, but one involving the Oracle of Omaha himself, and his Heinz investment, which will merge with Kraft Foods whose market cap was over $40 billion this morning on the news of the merger, and create the third largest food and beverage company in the US, and 5th largest in  the world. And while the resulting company will certainly be an unprecedented food giant, one which leaves the US food industry even...
  • Thousands Of Layoffs Coming After Buffett Merges Heinz With Kraft

    03/25/2015 7:34:39 AM PDT · by jimbo123 · 50 replies
    Zero Hedge ^ | 3/25/15 | Tyler Durden
    Thousands Of Layoffs Coming After Buffett Merges Heinz With Kraft, Creating 5th Largest Food Company In The World Another day, another mega-M&A deal taking advantage of abnormally low bond rates, this time however not involving biotechs or a specialty pharma seeking to purchase a debt-free balance sheet, but one involving the Oracle of Omaha himself, and his Heinz investment, which will merge with Kraft Foods whose market cap was over $40 billion this morning on the news of the merger, and create the third largest food and beverage company in the US, and 5th largest in the world. And while...
  • Warren Buffett criticizes Keystone XL delay, says U.S. 'thumbing nose' at Canada

    03/02/2015 6:50:21 PM PST · by thackney · 41 replies
    Calgary Herald ^ | 03.01.2015 | ALEXANDER PANETTA
    The Keystone XL pipeline got an emphatic endorsement Monday from a powerful backer of President Barack Obama who questioned the handling of the file. To billionaire investor Warren Buffett, the delay is a thumbing of the nose at Canada. "I would have passed Keystone," Buffett said in an interview with CNBC. "I think that we have an enormous interest in working with Canada, as they have in working with us. That oil is going to get sold. If we make it more difficult for them, who knows how they'll feel about making things more difficult for us someday." Because Buffett...
  • Warren Buffett: Hillary will be president, unless she gets sick…

    03/02/2015 1:36:19 PM PST · by LeoWindhorse · 73 replies
    Hot Air ^ | March 2, 2015 | Noah Rothman
    Berkshire Hathaway CEO Warren Buffett hasn’t gotten where he is today by making rash investments, and the prolific investor claims that he is ready to put his money where his mouth is with regards to his support for Hillary Clinton’s likely presidential bid. Buffett, who allowed his name to be used by President Barack Obama as part of a cynical ploy to gin up interclass resentment during the 2012 reelection campaign, claims that all the smart money is on Clinton.
  • Billionaires Dumping Stocks, Economist Knows Why

    02/26/2015 12:18:13 PM PST · by Citizen Zed · 52 replies
    newsmax ^ | 2-26-2015
    A handful of billionaires are quietly dumping their American stocks . . . and fast. Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of “disappointing performance” in dyed-in-the-wool American companies like Johnson & Johnson, Procter & Gamble, and Kraft Foods. Buffett’s holding company, Berkshire Hathaway, has been drastically reducing his exposure to stocks that depend on consumer purchasing habits. Berkshire sold roughly 19 million shares of Johnson & Johnson, and reduced its overall stake in “consumer product stocks” by 21%. Berkshire Hathaway also sold...
  • Keystone XL pipeline decision back in Obama's lap

    01/10/2015 8:18:34 AM PST · by Brad from Tennessee · 48 replies
    Associated Press via Yahoo News ^ | January 10, 2015 | By Josh Lederman
    WASHINGTON (AP) — Republicans in Congress and a state supreme court have thrown the political hot potato known as Keystone XL straight back onto President Barack Obama's lap. So loath is Obama to making a decision about the proposed oil pipeline that deliberations have entered their sixth year — a period nearly as long as Obama's time in office. He's blamed the seemingly endless delays on bureaucratic formalities and parochial issues in Nebraska, even when skeptics claimed that the politics of the next election were giving the president cold feet. Now the election is over, the Nebraska issue is resolved,...
  • 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:
  • 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 ^ | 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 |
    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 ^ | 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 ^ | 2/4/14 | Barbara Hollingsworth -- 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...