Posted on 01/31/2016 1:17:32 PM PST by Lorianne
Soros and Buffett seem to have a different way of investing lately. I am not sure if its really in their stock holders best interest. Buffet bought one of the largest railroads just before the coal lobby lost out to natural gas. Railroads have done poorly ever since. Soros has bought coal mines for a song. And they still went lower. Now buffet is buying refineries which are also going down.
I would not follow them into these investments. I kind of wonder if they aren’t driving out the profitabilities in these industries by lowering prices. They each have enough money to buy a major player and start a price war.
Think of it this way. If you take the profits out of the coal industry, out of the oil industry, out of the middle east. You end up with a group that has no ability to lobby as strongly as they have in the past. The Saudi’s may not be able to buy the missiles and jets they once used to. The coal industry may not be able to buy the 30 senators they used to. Exxon, Total, Shell may not be able to support the tyrants they used to.
I think a little deflation in the right places may be a benefit to the world.
I’ll believe it is austerity when they send more than a million foreign maids, million plus foreign drivers and several million foreign workers in retail and the oil fields home - and the Saudis clean their own homes, drive their own kids around and build their own stuff.
We need to use this drop in oil prices to fill up the strategic oil reserves.
Youthink Soros would do something to benefit anyone other than himself?
This is sad. I guess they really can’t afford to take in a refugee or two.
Yep. Now, ask yourself *who* was it that put the Mecca takeover together? You've answered this question already, although you may not know it. Follow the money...
the infowarrior
Pretty soon, the Saudis really will be wearing bed sheets. ;-)
nobody in india has solid bowel movements. there are no turds floating in the ganges.
I’m having a wild & crazy day, but didn’t want to put off aknowledging your reply, poinq.
I’ll be back- probably tomorrow. Fixing to glue myself to the Iowa caucuses.
(Apologies that this is so belated, poinq)
Was that the Blackhawk Down thing?
I think I remember the bombing at the World Trade Center. But I thought that was around 1983. That can’t be right. Wasn’t there an attack in Yemen about the same time?
I know that there was some situation where Clinton had the chance to take out Bin Laden & didn’t, but don’t remember the details.
True. We get mixed up in other countries’ business entirely too often, imho. It seems like it always comes back to bite us in the behind. Great Britain has gotten us mixed up in a number of things (Iran) that haven’t worked out well.
I used to know a little about the stuff with Central & South America. It’s been a long time since I read all that, though.
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