[BBFcapri]

Buffett's Berkshire buying Burlington Northern RR - Yahoo! News


wow.

[tripleblack]

Originally Posted by BBFcapri

Buffett's Berkshire buying Burlington Northern RR - Yahoo! News


wow.

Yep. This MIGHT single-handedly turn todays' down market into a neutral one. Asia went into the tank over 2% yesterday, and so did Europe ahead of us.

Thing is, I believe he paid too much, and note that he had to split his B category Stock to do it, which will open the stock up to "common folks" to buy for the first time....

Something he swore he would never do.

He's also a big supporter for Obama, and his policies, which is strange to say the least...

Link to more info on this topic: Stock Market News, Opinion & Analysis, Investing Ideas -- Seeking Alpha

I post there as tripleblack as well.

[BlueStreak03]

With 3 paychecks remaining in the year I can say without a doubt that I took over a 45k pay cut for 2009.


I AM JOHN GALT!!!!

[tripleblack]

Originally Posted by BlueStreak03

With 3 paychecks remaining in the year I can say without a doubt that I took over a 45k pay cut for 2009.


I AM JOHN GALT!!!!

Wow. The CEO of Emerson Electronics minces no words:

Emerson’s Farr Says U.S. Is Destroying Manufacturing (Update2) - Bloomberg.com

[BlueStreak03]

LOL, the job that took me to tha Charlotte area was for a division of Emerson called Automatic Switch Company.

[tripleblack]

Those of you who have watched me de-bunk conspiracy theories in the past - or strive to maintain objectivity in the most charged environments - listen up:

I am BEGINNING to see some things happening that are just unbelievable UNLESS you start looking for conspiracies involving high ranking members of government - both our own government and other major governments.

A lot depends on what happens over the next few months. I will add more information as it firms up and can be presented coherently...

[BlueStreak03]

It's no theory that our sitting President wants to work with any other global leader to the end of enact insane pollution control laws so strict that they will cripple the global economy.

It's also no theory that this sittin president wants to redistribute what's left of America's wealth to the rest of the world via the UN and WTO.

So unless you and the vast majority of economists with level heads are ALL crazy conspiracy theorists, you're not one in the least.

[napalmbomb]

I don't think it's a conspiracy but maybe policy?
The dollar is falling and the price of everything from oil to other commodities are rising. and our purchasing power is dropping. Bottom line, we are broke thanks to the looters in Washington.

PRECIOUS METALS: Gold Continues Record Run On Dollar Weakness - WSJ.com

[tripleblack]

The Global Oil Scam: 50 Times Bigger than Madoff -- Seeking Alpha

Key oil figures were distorted by US pressure, says whistleblower | Environment | The Guardian

John Lounsbury's Instablog -- Seeking Alpha

Oh, and I can't find it at the moment, but a very smart guy has run an audit on the guvmint's BLS figures for unemployment. They do NOT balance (go figure). There are about 10 million "unemployed" people IN the 10.2 - 17% figures (whichever you want to mention), but if you look at the total employed back before the debacle, and the total now, the number is about twice as high, more like 20 million+ out of work (and that, my friends, gets us into Depression-era results). They are cooking the books in Washington MUCH stronger than usual.