Keyword: warrenbuffet
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Live Action News has uncovered a document which indicates that the Population Council, a non-profit founded by eugenicists (which brought the abortion pill to the U.S. and then created manufacturer DANCO Laboratories to market the drug known as mifepristone) was originally set up to receive royalties from sales of the abortion pill. The information was found within the organization’s 1998 990 and is seen in the image below. A review of Population Council annual reports reveal that, despite the group’s creation of an abortion pill company, millions of taxpayer dollars have been funneled to the Population Council since the late...
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California’s Governor Gavin Newsom is starting to sound disturbingly more and more like New York Governor Andrew Cuomo. (More on that in a moment.) As we recently discussed, Pacific Gas & Electric has continued to impose rounds of blackouts across “red flag†areas of the state under warnings of high winds and possible wildfires. This has many residents feeling rather angry and demanding that something is done. To the rescue rides Governor Newsom. He doesn’t want the aging power lines to cause any more fires but he also doesn’t want his voters upset over having their power cut off.What...
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I just won a bet I made in 2002 with physicist Michio Kaku. I bet him $1,000 that “by 2020, no one will have won a Nobel Prize for work on superstring theory, membrane theory, or some other unified theory describing all the forces of nature.” This year’s Nobel Prize in Physics, which recognized solid work in cosmology (yay Jim Peebles!) and astronomy, was Kaku’s last chance to win before 2020. Kaku and I made the bet under the auspices of Long Bets, a “public arena for enjoyably competitive predictions, of interest to society, with philanthropic money at stake.” Long...
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A Chinese businesswoman who was convicted of trespassing at President Trump's Mar-a-Lago resort in Florida earlier this year had been urged by her handler to target other famous figures including the Clintons and billionaire businessman Warren Buffett, court documents say. Yujing Zhang, 33, who is scheduled to be sentenced on Nov. 22, was caught by Secret Service agents with troves of technology embedded with malware and thousands of dollars in cash after she claimed that she was at Trump's prestigious club to attend a “United Nations friendship event” that had apparently been canceled. Her bizarre behavior and backstory led to...
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If what you already know about the FBI’s investigation into President Donald Trump’s campaign and Russia has you wondering what can come next, “make sure you are sitting down because it’s about to get worse,” said Patrick Byrne, the philanthropist and CEO of the mega online retail chain Overstock.com. Byrne revealed never published details about his intimate relationship with the Russian gun right’s activist and libertarian, Maria Butina, who is now serving out her sentence after pleading guilty in 2018 to working as a foreign agent in the U.S. without registering. In an interview several weeks ago, Byrne recanted first...
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The “Oracle of Omaha” is climbing the broker ranks. At least his company is. Warren Buffett’s residential brokerage HomeServices of America has grown to become the second-largest real estate brokerage in the country, according to a new ranking from Real Trends. Buffett’s company trails only Realogy Holding’s NRT unit. Under the Berkshire Hathaway banner, HomeServices closed $125.4 billion in transaction volume in 2017. It represented 328,355 “sides,” meaning either the buyer or seller side, reflecting a 34 percent jump from the year before, Bloomberg reported. NRT led the pack with 346,942 sides and a transaction volume of $178.2 billion. Rounding...
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Warren Buffett's Berkshire Hathaway is itching to do a massive acquisition, but is having a difficult time due to elevated valuations. The Oracle of Omaha explained his buying criteria for deals in his 2017 annual letter to shareholders released on Saturday. "In our search for new stand-alone businesses, the key qualities we seek are durable competitive strengths; able and high-grade management; good returns on the net tangible assets required to operate the business; opportunities for internal growth at attractive returns; and, finally, a sensible purchase price," he wrote. "That last requirement proved a barrier to virtually all deals we reviewed...
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These GOP members who are contemplating raising taxes are playing with fire. Failure to act in a way that pleases the base will ensure they are the ones who get burned Make no mistake about it: if Congress, particularly the United States Senate, fails to send a tax bill to the president’s desk, it will imperil the congressional majority, do lasting damage to the Republican Party, and potentially threaten the American economy. The clock is ticking.
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OMAHA — The parent company of The Daily Nonpareil and The Omaha World-Herald announced last Monday it eliminated 289 jobs across the country, including 108 vacant positions. BH Media Group, based in Omaha, is reducing costs because of declining advertising and circulation revenue. BH Media is the newspaper division of Berkshire Hathaway Inc. It now employs 4,450 people. Terry Kroeger, president and chief executive, said in a memo to BH Media employees that some of the company’s 31 newspapers are reducing other expenses, including the number of pages they print. None of the job cuts were at The Nonpareil or...
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Since WikiLeaks began releasing once-private messages from Hillary Clinton campaign chief John Podesta, the world has had even more access to hard evidence of the mainstream media’s support for and collusion with Democratic Party operatives and campaigns. The latest example, reported now for the very first time (as are we can tell), shows CNBC’s Rebecca Quick — the co-host of the channel’s popular show Squawk Box and a co-moderator with John Harwood at a 2015 Republican primary debate — promising to support Sylvia Mathews Burwell, who had just been named the secretary of the Department of Health and Human Services....
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Warren Buffett is fond of saying his tax rate is lower than his secretary’s. He does not publicize his tax returns, but for the tax year 2010, he paid $6.9 million on taxable income of $39.8 million, according to partial disclosures he made in 2011. What is astounding about those numbers is not the 17.3% tax rate, but that Buffett’s $39.8 million of taxable income is only about 0.05% of his reported net worth ($71 billion according to Forbes, which put him third on its list of the 400 wealthiest people in the world for 2015).
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Remember the Keystone XL Pipeline project? Remember what a cause célèbre it was for both the left and right? What the heck ever happened to it? Have you wondered that?Well, in short it was killed pretty much for good, or at least the foreseeable future – both here in the USSA and now in Canada. As you are no doubt aware, it was Obama who, with the left in the federal and various state legislatures – and with some help from Choo-choo Warren Buffet who owns most of the rail cars now hauling crude down south, vetoed the pipeline. And...
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We're gonna need a bigger buyback... As if "old tech" IBM was not in enough trouble, the worrying admission from Buffett's Berkshire Hathaway's earnings of around $2 billion (though careful to note he is not about to sell) has seemingly prompted further weakness. IBM is down almost 2% to fresh May 2010 lows... As Berkshire Hathaway detailked... As of September 30, 2015 and December 31, 2014, we concluded that there were no unrealized losses that were other than temporary. Our conclusions were based on: (a) our ability and intent to hold the securities to recovery; (b) our assessment that the...
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From one who specializes in it. It’s bad enough that President Obama dragged his feet for seven years before doing what everyone knew he was going to do. TransCanada, the Canadian government an awful lot of Americans who could have used the economic boost (including the folks in North Dakota and an awful lot of Obama’s union supporters) were left to twist in the wind while Obama pretended he was “reviewing†the proposed Keystone XL pipeline. Of course, he was doing no such thing. He knew on Day 1 he was going to reject it because that’s what his extreme...
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Abundant, reliable, affordable oil and natural gas empower people. They support job creation, mobility, modern agriculture, homes and hospitals, computers and communications, lights and refrigerators, life and study after sundown, indoor plumbing, safe drinking water, less disease and longer lives. Hydrocarbons make plastics, pharmaceuticals and synthetic clothing. They create fertilizers and pesticides, to improve crop yields, reduce food prices and improve nutrition. But Sierra Club, 350.org and other radicals want to keep America’s oil and natural gas bounties in the ground. They block leasing, drilling and fracking. They block pipelines that transport oil and gas to refineries, power plants, factories...
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Buried in that 8,000 (!) word NYT magazine article about Obama’s economic plan that I mentioned yesterday, is this bit flagged by Geraghty at Campaign Spot: “If you talk to Warren [Buffet], he’ll tell you his preference is not to meddle in the economy at all — let the market work, however way it’s going to work, and then just tax the heck out of people at the end and just redistribute it,” Obama said. “That way you’re not impeding efficiency, and you’re achieving equity on the back end.” He continued by saying that he thought there was some merit...
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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...
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Harry Reid is taking unprecedented steps to block Senate Republicans, even though his actions will result in nothing but procedural delay. In another example of Democrats playing the role of obstructionists, Harry Reid will force the Senate to go through procedural hurdles to delay Majority Leader Mitch McConnell from bringing up the president’s Keystone XL veto for an override vote. Last week, President Obama vetoed the popular bipartisan Keystone XL Pipeline bill passed by the Senate. This week, the Senate is planning a vote to override the president’s veto. Democrats, led by Minority Leader Harry Reid, are set to revoke...
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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.
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Some people are still under the impression that the A Century Ago: Rockefellers Funded Eugenics Initiative to Sterilize 15 Million Americans " tit>Rockefeller Foundation is all about philanthropy: helping people and saving lives. Those people are Bill Gates and Bill Gates and Warren Buffet. In reality, the Rockefellers have been one of the largest financial backers and drivers of the eugenics and the depopulation agenda for over a century now. Check out these 1915 newspaper clippings we came across in research. The first is from The Salem Daily Capital Journal printed Thursday, November 4th, 1915.
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