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  • Warren Buffett offers Donald Trump some advice

    From JAB@21:1/5 to All on Sun Feb 23 10:41:47 2025
    Warren Buffett offers Donald Trump some advice while celebrating
    Berkshire Hathaway's success
    ...
    ...
    Buffett cited the fact that Berkshire paid zero income tax in the
    decade before he took over in 1965 as a sure sign the investment was a
    mistake, but over time the amount Berkshire pays to the IRS has grown
    along with the conglomerate to hit $26.8 billion last year -- "far
    more in corporate income tax than the U.S. government had ever
    received from any company -- even the American tech titans that
    commanded market values in the trillions."

    Buffett has hardly mentioned politics and current events in his recent
    letter -- preferring to stay away from anything controversial that
    might hurt Berkshire's companies -- but Saturday he urged the
    government to be responsible with the money he sends it.

    "Thank you, Uncle Sam. Someday your nieces and nephews at Berkshire
    hope to send you even larger payments than we did in 2024. Spend it
    wisely. Take care of the many who, for no fault of their own, get the
    short straws in life. They deserve better. And never forget that we
    need you to maintain a stable currency and that result requires both
    wisdom and vigilance on your part," Buffett wrote, reinforcing some of
    the Democratic ideals he has long supported.

    https://apnews.com/article/warren-buffett-berkshire-hathaway-annual-shareholders-letter-89d882488c22faf86c684993022c1428

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Retrograde@21:1/5 to JAB on Sun Feb 23 10:17:43 2025
    On Sun, 23 Feb 2025 10:41:47 -0600
    JAB <here@is.invalid> wrote:


    Buffett has hardly mentioned politics and current events in his recent
    letter -- preferring to stay away from anything controversial that
    might hurt Berkshire's companies -- but Saturday he urged the
    government to be responsible with the money he sends it.

    "Thank you, Uncle Sam. Someday your nieces and nephews at Berkshire
    hope to send you even larger payments than we did in 2024. Spend it
    wisely.

    I expect the White House to respond with something disrespectful,
    boastful, factually inaccurate, and generally disparaging. Because
    it's a thugocracy and possibly a kleptocracy and definitely a kakocracy.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From D@21:1/5 to JAB on Sun Feb 23 22:31:49 2025
    On Sun, 23 Feb 2025, JAB wrote:

    Warren Buffett offers Donald Trump some advice while celebrating
    Berkshire Hathaway's success
    ...
    ...
    Buffett cited the fact that Berkshire paid zero income tax in the
    decade before he took over in 1965 as a sure sign the investment was a mistake, but over time the amount Berkshire pays to the IRS has grown
    along with the conglomerate to hit $26.8 billion last year -- "far
    more in corporate income tax than the U.S. government had ever
    received from any company -- even the American tech titans that
    commanded market values in the trillions."

    Buffett has hardly mentioned politics and current events in his recent
    letter -- preferring to stay away from anything controversial that
    might hurt Berkshire's companies -- but Saturday he urged the
    government to be responsible with the money he sends it.

    "Thank you, Uncle Sam. Someday your nieces and nephews at Berkshire
    hope to send you even larger payments than we did in 2024. Spend it
    wisely. Take care of the many who, for no fault of their own, get the
    short straws in life. They deserve better. And never forget that we
    need you to maintain a stable currency and that result requires both
    wisdom and vigilance on your part," Buffett wrote, reinforcing some of
    the Democratic ideals he has long supported.

    https://apnews.com/article/warren-buffett-berkshire-hathaway-annual-shareholders-letter-89d882488c22faf86c684993022c1428

    Warren Buffett is a wise man! A philosopher king!

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)