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Did you know W. Buffett is the second richest in the world?

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quinnox Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-03-04 02:14 PM
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Did you know W. Buffett is the second richest in the world?
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TakebackAmerica Donating Member (782 posts) Send PM | Profile | Ignore Mon May-03-04 02:15 PM
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1. All those Walton Billionaires sicken me.
Didn't Buffet help the Governator?
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beyurslf Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-03-04 02:39 PM
Response to Reply #1
4. If I looked at that right, if Mr. Walton were alive today and
his fortune hadn't been split among his heirs, he would be worth 100 BILLION! More than Gates and Buffet combined!
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Hunter_1253 Donating Member (121 posts) Send PM | Profile | Ignore Mon May-03-04 02:42 PM
Response to Reply #1
5. Not really...
Edited on Mon May-03-04 02:43 PM by Hunter_1253
He advised Herr Groping Governator that he could do one of these two things:

1) Cut spending

or

2) Raise taxes

When Arnie told him those weren't options, Buffett tried telling him those were his only options. Arnie didn't listen and Buffett left.
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Christ was Socialist Donating Member (649 posts) Send PM | Profile | Ignore Mon May-03-04 02:26 PM
Response to Original message
2. Most are athiest or agnostic
see what being free of dogma can do. Actually a lot of billionaires are sympathetic to liberals. Oprah. Sorors, gates gives away alot. Buffet is decent


Gates-46 billion
buffet-42 billion
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anarchy1999 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-03-04 02:28 PM
Response to Original message
3. On "our" side?
Is this good news or bad?

Not sure what to make of this? I am confused.

May 1 (Bloomberg) --

Billionaire investor Warren Buffett said he increased his bet against the U.S. dollar on concern that the country's trade deficit will weaken the currency.

``We think that over time that the dollar is likely to decline in value against some of the major currencies,'' said Buffett, 73, in an interview before Berkshire Hathaway Inc.'s annual shareholder meeting in Omaha, Nebraska. In the last few months, Berkshire has added ``more than a little bit'' to its foreign currency holdings, he said. They were last disclosed at $12 billion as of yearend.

Foreign currencies represent Buffett's biggest purchase in the last two years. The Berkshire chairman has built a fortune buying undervalued assets and today sees little opportunity in stocks. He bought currencies as the dollar began a 25 percent slump over 24 months and the U.S. current- account deficit ballooned to a record quarterly average of $137.7 billion in the first nine months of 2003.

Buffett, the world's second-wealthiest man, started the meeting, which drew an estimated 15,000 guests, with a video of jokes and skits featuring California Governor Arnold Schwarzenegger and Microsoft Corp. Chairman Bill Gates.


http://quote.bloomberg.com/apps/news?pid=71000001&refer=us&sid=afZ6zjZ...




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Minstrel Boy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-03-04 02:43 PM
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6. Lots of reasons for me to think he's not on "our" side.
In the 1980s, Buffett was a patron of Larry King (not that Larry King), a well-connected Nebraskan Republican running an elite pedophile ring out of his Franklin credit union.

And then there's all that 9/11 stuff.

On 9/11 Buffett was hosting a charity event in Nebraska, and had invited some executives whose officers were in the World Trade Center.

"Anne Tatlock found out about the collision of a plane with the North Tower while en route to the U.S. Strategic Command headquarters in Omaha. The 62-year-old chief executive of Fiduciary Trust Co. International was one of a small group of business leaders at a charity event hosted by Warren Buffett. Military officers boarded the bus she was on, and escorted her to an officer's lounge and a television, just in time to see the second plane hit the South Tower between the 87th and 93rd floors--right where 650 of her employees worked."
http://www.forbes.com/forbes/2001/1015/070_print.html

Interestingly, Tatlock is a trustee of the Howard Hughes Medical Institute (http://www.hhmi.org/news/012501.html), along with Bush and Saudi consigliari James Baker. HHMI had employed Dr Don Wiley, one of the dozen distinguished microbiologists that mysteriously died within five months of each other shortly after 9/11, and there have been many more since.

Offutt Air Force Base in Nebraska, the site of Buffet's charity event, is also the headquarters for the US Strategic Command, to which Bush flew on the afternoon of Sept 11.

Another curiosity: an executive company jet owned by one of Buffet's subsidiary's was tracking Flight 93:

"An official for NetJets, a company that sells shares in private business aircraft, confirmed that the plane tracking Flight 93 belonged to the company.

"The official, who asked not to be identified by name, said the company was asked not to comment on the Sept. 11 flight but would not say who made the request."
http://www.hollandsentinel.com/stories/080902/new_080902020.shtml

And another: One of Buffet's subsidiaries, FlightSafety International Inc. trained at least one of the alleged 9/11 hijackers.

Abdulrahman Al Omari, a pilot aboard American Airlines Flight 11, "Lived in Vero Beach neighborhood near two other men, Adnan Bukhari and Amer M. Kamfar, who are linked to investigation. All three took flying instruction together at Flight Safety International."
http://www.sptimes.com/News/091501/Worldandnation/Names_of_hijackers.s...

And Buffett's Berkshire Hathaway Inc. has large stock holdings in SunTrust Banks Inc., which was the preferred bank of the hijackers.

"Dennis Lormel, the chief of the Federal Bureau of Investigation's unit conducting the financial inquiry of the Sept. 11 plot, told the New York Times that the hijackers moved $325,000 through 14 bank accounts at SunTrust Bank, making that bank the most heavily relied upon."
http://www.cbsnews.com/stories/2002/07/10/attack/main514687.shtml
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