(The ‘Left’s favorite oligarch): Warren Buffett dumps IBM, boosts stakes in Monsanto and Teva Pharmacy

You have no idea how many arguments I’ve gotten into telling people this guy was, is, and ALWAYS WILL BE a snake. I’ve already explained his big tax scam:

The destroyer of the American educational system uses old Warren B. as ‘back up’ for his bullshit. The guy that brags he’s not leaving his kids a dime. Fucking old fraud. He’s doing better than that. He’s started foundations in his kids names and donated his STOCKS for their funding as well as to Bill & Melinda’s family slush fund. So right there old Warren ensures no taxes on the ‘transfer’ of those stocks to the kiddie’s & B&M’s foundations. But here’s the big pay-off. There’s no taxes if and when the stocks gain in value or are sold!! So technically it’s true, he didn’t leave his money to his kids. He did ‘em even better. He left them CONTROL without future tax liability. Pretty sweet, huh? That’s old Warren for you. He started out a corporate raider just like Romney was. But Buffet had and has a much better PR team.
https://caucus99percent.com/content/guy%E2%80%99s-arrogance-amazing-bill...

Well here’s where he’s putting his money now:

Warren Buffett dumps IBM, boosts stakes in Monsanto and Teva Pharmaceuticals

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Berkshire boosted its position in Monsanto by 62%, snapping up another 7.26 million shares of Monsanto. Berkshire last held 18.97 million shares of Monsanto.

Berkshire also added 21.6 million more shares of Teva Pharmaceuticals, bringing its entire stake to 40.54 million shares.

https://finance.yahoo.com/news/warren-buffett-exits-ibm-boosts-stakes-mo...

I’ve been posting quite a bit today. I swore I was done earlier but every time I see an article about this getiatric vulture it always sets me off. The old bastid doesn’t pay his fair share of taxes, he’s not a big giver to charity (other than certain ‘foundations’) and yet millions think he walks on water.

So I feel it is my duty to tell the world what a greedy old evil fuck he really is. And just for sport:

In December 2016, the attorneys general of 20 states filed a civil complaint accusing Teva Pharmaceutical of a coordinated scheme to artificially maintain high prices for a generic antibiotic and diabetes drug. The complaint alleged price collusion schemes between six pharmaceutical firms including informal gatherings, telephone calls, and text messages.[84]

84. Thomas, Katie (2016-12-15). "20 States Accuse Generic Drug Companies of Price Fixing". The New York Times. Retrieved 2016-12-16.

https://en.m.wikipedia.org/wiki/Teva_Pharmaceutical_Industries

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Comments

janis b's picture

How can people ever respect him again knowing now he’s just a weather vane pointing in whatever direction the scent of money blows?

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mimi's picture

@janis b @janis b
Bayer buys Monsanto guys it's even not important anymore from where the wind blows.

Just ran into this video and it just shows that our protests in the sixties in Germany against Axel Springer was justified. Nothing changed. The Bezos and Springers of the world find each other without even looking.
Jeff Bezos reveals what it's like to build an empire and become the richest man in the world — and why he's willing to spend $1 billion a year to fund the most important mission of his life - Mathias Döpfner - Apr. 28, 2018, 10:39 AM

Sorry it's OT to your essay's subject, but I feel it covers "similar" things.
Bezos can talk some yarn, can't he?

Can't embed the video with Bezos being interviewed by CEO of Springer.You might want to watch, well, I always get angry if I see Bezos, so I leave it up to you to mess up your stomach. I witnessed Bezos the first time in New Orleans Bookseller's Association Yearly Meeting in 1994, but he talks about that time frame himself in the video.

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Lily O Lady's picture

Tom Hortons acquisition and offshoring of Burger King’s corporate headquarters to Canada. All the profits earned in the US aren’t taxed here. And Buffet had to do it. The invisible hand made him do it.

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"The object of persecution is persecution. The object of torture is torture. The object of power is power. Now do you begin to understand me?" ~Orwell, "1984"

Your essays are always much appreciated, although I don't think I can comment on the subject at the moment without an absurd proportion of swears. Just going to send a stream of blue streaks at the screen for a while - this doesn't bode well for us and any remaining health levels we may hope to retain or achieve.

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1 user has voted.

Psychopathy is not a political position, whether labeled 'conservatism', 'centrism' or 'left'.

A tin labeled 'coffee' may be a can of worms or pathology identified by a lack of empathy/willingness to harm others to achieve personal desires.

Amanda Matthews's picture

@Ellen North @Ellen North

I feel ya. I freak my cats out all the time. Things will be nice and peaceful and then I run across an article like this.

Poor things.

EDIT: praceful/peaceful

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I'm tired of this back-slapping "Isn't humanity neat?" bullshit. We're a virus with shoes, okay? That's all we are. - Bill Hicks

Politics is the entertainment branch of industry. - Frank Zappa

@Amanda Matthews

Dogs snoozed right through it all, though; guess those floppy ears help?

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0 users have voted.

Psychopathy is not a political position, whether labeled 'conservatism', 'centrism' or 'left'.

A tin labeled 'coffee' may be a can of worms or pathology identified by a lack of empathy/willingness to harm others to achieve personal desires.