Warren Buffet BO's "WELFARE QUEEN"

blueloriblogspot.com ^ | 8/7/-0

[FromLori]

We have all heard plenty about Government Sachs but very little about BO supporter Warren Buffet. Since this WELFARE QUEEN just made another Fortune I thought you should see this. As a side note remember when Durbin said "Frankly the banks own the place?" He should know a thing or two about that on a personal level!

Berkshire Hathaway Inc.'s earnings picked up sharply in the second quarter, reversing a first-quarter loss as the company rode a wave of gains in its vast stock portfolio.

The Omaha, Neb., conglomerate run by Warren Buffett posted net income of $3.3 billion, or $2,123 per Class A share in the quarter, compared with $2.9 billion, or $1,859 per share a year earlier and rebounding from a $1.5 billion first-quarter loss.

Obviously it is good to pay homage to the King!

[cherry]

let's face it.....this whole thing from Sept on has been a giant confiscation of the people's money and all that money along with all that power are being concentrated in fewer and fewer hands....

welcome to communism....