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Warren Buffett says climate change no risk to Berkshire Hathaway ^ | 2/27/2016 | Stephen Foley

Posted on 02/29/2016 7:45:35 AM PST by rktman

Warren Buffett has dismissed the possibility that climate change could prove a big risk to Berkshire Hathaway’s insurance business, in a combative annual letter to shareholders.

In the letter, released on Saturday, Mr Buffett took on a dissident shareholder who plans to raise global warming at Berkshire’s annual meeting next month, as well as critics of the company’s Clayton Homes mobile homes subsidiary and politicians who paint a gloomy picture of the US economy.

(Excerpt) Read more at ...

TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Philosophy
KEYWORDS: berkshirehathaway; claytonhomes; climatechange; ecowackos; epa; financialtimes; gangreen; globalwarming; globalwarminghoax; popefrancis; romancatholicism; stephenfoley; thieves; warrenbuffett
I gotta agree with warren on this. With one exception. There is a threat to us from climate change or whatever this weeks buzz word/phrase is. The threat is to our wallets. And it may be a YUGE threat. Seems like Washington state has an initiative on the ballot to levy a carbon tax on everyone in WA. Nice. Fookin' idjits.
1 posted on 02/29/2016 7:45:35 AM PST by rktman
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To: rktman

“Nice. Fookin’ idjits. “

Well at least there will be plenty of 15 dollar an hour jobs available once people are forced out of the workplace due to the financial crunch this will cause.

2 posted on 02/29/2016 7:49:16 AM PST by EQAndyBuzz (GOPe - Enriching the consultant class while selling out their constituents.)
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To: All

I did not know Jim Clayton had sold Clayton Mobile Homes....

3 posted on 02/29/2016 7:52:25 AM PST by JBW1949
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To: rktman
If I accepted "Global Warming", my first thought would be Buffet is daft. So, he has no agricultural products, no products dependent on agricultural products, no transportation related businesses that could be impacted by global warming restictions and energy availability, no products or transportation enterprises that give off hydrocarbon by-products....etc, and so on and so on.....

No impact from "global warming", indeed.

With that said, he's right because there is no impact from global warming, but then, I don't believe the "global warming" myth.

4 posted on 02/29/2016 7:58:44 AM PST by cincinnati65
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To: cincinnati65

DENIER! You will be fined for such thoughts some day. :>)

5 posted on 02/29/2016 8:00:34 AM PST by rktman (Enlisted in the Navy in '67 to protect folks rights to strip my rights. WTH?!)
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To: rktman

Warren likes to get his name associated with every popular liberal cause around unless, of course, like this Global Warming BS, it would actually impact his bottom line. He’s not stupid and he isn’t going to spend money or changing his investing based on some fantasy about the world warming up and the sea levels rising and creating some Environmental Armageddon.

6 posted on 02/29/2016 8:02:03 AM PST by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: rktman

No risk to his insurance business.

But the politics of it could be a risk to his train business, if the greenies can’t keep blocking new oil and gas pipelines.

7 posted on 02/29/2016 8:12:06 AM PST by MUDDOG
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To: rktman

Obama exempted him for a large retirement fee

8 posted on 02/29/2016 8:17:28 AM PST by butlerweave
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To: rktman

Liberal claptrap is great until it threatens to hurt the bottom line.

9 posted on 02/29/2016 8:31:31 AM PST by SaxxonWoods (Trump and/or Cruz, it's all good)
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To: rktman; 11B40; A Balrog of Morgoth; A message; ACelt; Aeronaut; AFPhys; AlexW; alrea; ...

Global Warming PING!

You have been pinged because of your interest in environmentalism, alarmist wackos, mainstream media doomsday hype, and other issues pertaining to global warming.

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10 posted on 02/29/2016 7:53:19 PM PST by Tolerance Sucks Rocks (Terrorism, the thing that shall not be named by the MSM)
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