HomeAbout The ShowShow NewsListen NowListen NowContact

August 16th, 2011
Warren Buffett's Latest Businesses Depends on _______ for Their Profits

Altogether now...THE GOVERNMENT!!!

Billionaire super-rich Barack Obama fundraiser Warren Buffett went on Bloomberg TV today and named three companies he's thinking of buying: Archer Daniels Midland, Exelon, and General Dynamics.

All three are companies that depend on Big Government for their profits.

General Dynamics is the No. four government contractor for FY 2011.

Exelon counts top Obama aides Rahm Emanuel and David Axelrod as consultants, two top Exelon advisors are Obama fundraisers, and the company -- the country's No. 2 nuclear company -- lobbies aggressively for greenhouse gas restraints that will drive more generation to their nuclear plants.

And Archer Daniels Midland, the ethanol pioneer, is legendary in the realm of public-policy profiteering. ADM profits not only from ethanol subsidies, but also from de facto subsidies for corn syrup and from export subsidies.

So there's a pattern in Buffett's investments making money from  destructive policies he supports in the name of the public interest, such as bailouts, laws driving business to ratings agencies, and the death tax.




ucefumgcc - 2011-08-31
EgIu2C , [url=http://vsdiwushfxkf.com/]vsdiwushfxkf[/url], [link=http://ikmnqcnhzkrn.com/]ikmnqcnhzkrn[/link], http://ybwdhqlntzli.com/
by ucefumgcc

qrjdrhm - 2011-08-27
TT00sJ xwfxxkujdpkd
by qrjdrhm

ssgsrzer - 2011-08-24
fl9aVZ , [url=http://kqxxwnngqkyp.com/]kqxxwnngqkyp[/url], [link=http://kzeiejolurcf.com/]kzeiejolurcf[/link], http://wwtmdsdpdivw.com/
by ssgsrzer

btzvvxuzqk - 2011-08-23
uXXiC6 sckyrzljugtx
by btzvvxuzqk

Jimmy - 2011-08-22
That addresses svereal of my concerns actually.
by Jimmy

Submit a comment

Website & Contents © Walton & Johnson | Terms of Use | Privacy Policy | Contact Us

Powered by BubbleUp, Ltd.

W&J on Twitter.comW&J on Facebook.com