Hillary is going to win’ in 2016, says Warren Buffett

[dbphoenix]

The problem with right-wingers, though, is that they might rant themselves to death.

 

[Lucrum]

this must be some sort of fallacy. Acting like buffett knows something about politics.
isn't this the guy who stated we should raise taxes because they don't matter to business and then does a corporate inversion for burger king?

Didn't that genius also lose his ass with put options some years ago?

 

[Lucrum]

The great irony is Buffett wouldn't hire Hillary or Obama to run anything for him.

 

[Lucrum]

The problem with right-wingers, though, is that they might rant themselves to death.

What has this stupid statement got to do with Buffet or Killary?

 

[Ricter]

I never could see any qualifications for office with Hillary Clinton.

Aside from the dubious commodities deals, the quasi-criminal real estate deals, the conveniently lost documents is the questions of actual experience needed to serve as executive.

Let see, apparently just sharing a bed with the President somehow made her qualified for the Senate where she did *nothing* until she ran a failed campaign for President last cycle. Then she was given the opportunity to run the Department of State and she managed to so thoroughly bungle that job that people actually lost their lives as a result.

Hillary Clinton is an abject failure as a leader and most certainly should not be President.

If the media tries to throw another election they are going to find the pushback to be a bit more personal and a bit more forceful this time.

Might as well nominate Wasserman-Schultz who has actually held a job and raised a fuck-ton of money for the dems.

The media is dominated by Fox, so why would they try to "throw" an election in any direction but the direction you favor?

 

[jem]

explain... how raising taxes does not impact business.
especially in light of the fact his investment manager charlie munger calls ebitda... that is earnings before taxes... bullshit earnings... going on to state you always analyse the investment after taxes to determine if it should be made.

He was referring to two different taxes.

 

[Ricter]

explain... how raising taxes does not impact business.
especially in light of the fact his investment manager charlie munger calls ebitda... that is earnings before taxes... bullshit earnings... going on to state you always analyse the investment after taxes to determine if it should be made.

He was referring to two different taxes. Therefore there is no contradiction.

 

[jem]

please explain... I don't think you understand how two faced he is.

He was referring to two different taxes. Therefore there is no contradiction.

 

[jem]

http://online.wsj.com/articles/warren-buffetts-tax-whopper-1409095917

In a 2011 newspaper op-ed Mr. Buffett said, "I have worked with investors for 60 years and I have yet to see anyone—not even when capital gains rates were 39.9 percent in 1976-77—shy away from a sensible investment because of the tax rate on the potential gain. People invest to make money, and potential taxes have never scared them off."

But follow the man's money. In May 2010 Barron's magazine reported that Mr. Buffett "groused about a tax bill of roughly $1 billion that Kraft incurred by selling its pizza business to Nestlé, NESN.VX -1.01% the world's largest food concern, for $3.7 billion, to raise additional funds. 'Dumb' was Buffett's word of choice."

 

[Ricter]

http://online.wsj.com/articles/warren-buffetts-tax-whopper-1409095917

In a 2011 newspaper op-ed Mr. Buffett said, "I have worked with investors for 60 years and I have yet to see anyone—not even when capital gains rates were 39.9 percent in 1976-77—shy away from a sensible investment because of the tax rate on the potential gain. People invest to make money, and potential taxes have never scared them off."

But follow the man's money. In May 2010 Barron's magazine reported that Mr. Buffett "groused about a tax bill of roughly $1 billion that Kraft incurred by selling its pizza business to Nestlé, NESN.VX -1.01% the world's largest food concern, for $3.7 billion, to raise additional funds. 'Dumb' was Buffett's word of choice."

Both examples refer to business taxes.