You Won’t Believe Who Wins BIG With Keystone Cancellation Remember folks, ALWAYS follow the money Published 3 hours ago on January 27, 2021 By Chris Widener
Remember folks, ALWAYS follow the money.
There is a guy who we all know. He portrays himself as a very wealthy grandfatherly type. He’s just a kind old man. He’s an awe-shucks investor. You know, “I just look for value.”
Yet there is another side to Warren Buffett.
He is a cutthroat, manipulative investor who loves, loves, loves to contribute to politicians, the Democratic Party, and PACs that will do his bidding, which brings us to the fortune he will make with Joe Biden killing the Keystone Pipeline. How? Well, he owns BNSF – Burlington Northern Santa Fe Railroad – and they will carry up to 80% of all the oil flowing into America. And THAT is the payback Mr. Buffett receives. So, while hundreds of thousands of Americans will lose their jobs, the “Oracle of Omaha” will be making a fortune.
Buffett has given a lot of money to the D’s, but searches also show that he and Berkshire Hathaway and BNSF have donated money almost exclusively to Democrat causes.
According to Market Watch, here are the details:
Berkshire Hathaway to buy Burlington Northern Santa Fe Published: Nov. 3, 2009 at 4:18 p.m. ET
NEW YORK (MarketWatch) — Berkshire Hathaway Inc. said Tuesday it agreed to buy railroad operator Burlington Northern Santa Fe Corp. in a $44 billion deal that Chairman Warren Buffett called “an all-in wager” on the U.S. economy.
It is the company’s biggest acquisition ever.
Berkshire BRK.A, -1.49% agreed to buy Burlington BNI for $34 billion, or $100 a share. It already owns more than a fifth of the railroad operator, so the cost is roughly $26 billion, which will be paid for with about 60% in cash and 40% in Berkshire shares.
Berkshire also is taking on about $10 billion of Burlington debt, bringing the size of the deal to $44 billion. That values Burlington at a 30% premium to its closing share price on Monday.
"When plunder becomes a way of life for a group of men living together in society, they create for themselves, in the course of time, a legal system that authorizes it and a moral code that glorifies it."- Fredric Bastiat
During times of universal deceit, telling the truth becomes a revolutionary act.- Orwell