Why do people think Warren Buffett is so altruistic and pure and only interested in helping his fellow Americans? The man is interested in money -- that's it. (And there's not necessarily anything wrong with that except that he's trying to pretend otherwise and too many people have fallen for it.)
He opposes the repeal of the estate/death tax -- do you know why? Because much of his fortune comes from life insurance companies. Life insurance benefits aren't taxed, so it's in Buffett's best interest for our country to have an estate/death tax, so that people will funnel more money into life insurance so their beneficiaries can avoid taxes on their inheritances.
You know who is one of the few people to benefit from Obama's rejection of the Keystone pipeline permit? Warren Buffett. He's got a railroad out in those parts which will likely be used to haul Canada's new oil from the extraction site to their ports where it can be sent to China instead of to the US. Funny how that all works out for him, isn't it?
I thought it was difficult in 2008 to separate fact from fiction while I was reading Atlas Shrugged, but it's only getting harder and harder. This is the type of crap that the Occupiers are allegedly protesting, but they're too stupid to articulate it and probably too stupid to even realize it. This is how crony capitalism works and how it leaves out all but the few who have the right connections in Big Government and Big Business.
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