Tuesday, November 03, 2009

BUFFETT GOES "ALL IN" ON AMERICA

NYT:
Berkshire Hathaway, the investment vehicle of Warren E. Buffett, said on Tuesday that it planned to buy the 77.4 percent of Burlington Northern Santa Fe it did not already own for $34 billion in cash and stock, in the largest deal in Berkshire history.

The deal, which will also include the assumption of $10 billion in Burlington Northern debt, represents what Mr. Buffett said was a big bet on the United States. He told CNBC in an interview that railroad operators cannot do well unless American businesses were producing goods and customers were buying them.

“It’s an all-in wager on the economic future of the United States,” he said in a written statement. “I love these bets.”
I AGREE: THE LEFT & OBAMA WILL NOT KILL THE USA. BUFFETT UNDERSTANDS THIS TODAY.

THE LEFT WILL GET IT TOMORROW.

THE ELECTION WILL BE THE BEGINNING OF THE END THE USA'S LURCH LEFT.

IT WILL END IN 2010, WHEN THE GOP RETAKES CONGRESS.

AND AMERICA WILL SURGE WHEN THE GOP RETAKES THE WHITE HOUSE IN 2012.

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