Crony Capitalist Supports Crony Poltico
Politically connected billionaire investor Warren Buffett has been unwavering in his support for millionaire presidential candidate Hillary Clinton, but this weekend Buffett pledged to go to greater lengths to get his fellow 1-percenter elected.
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[Hillary] Clinton endorses subsidies for green energy, and [Warren] Buffett is positioned to profit from such subsidies. Clinton opposes the Keystone pipeline, which could make Buffett’s railway more profitable. Hillary supported the Wall Street bailout, which directly benefited Buffett. Hillary is on board with Buffett in supporting the death tax, which has meant much profit for Buffett — he owns part of a life insurance company, and he’s bought profitable businesses whose owners were forced by to sell because of the death tax. Buffett is invested in ethanol giant Archer Daniels Midland, and Clinton supports federal ethanol mandates.Clinton and Buffett: It’s a good match.
See also:
– “The Crony Capitalist Pretense Behind Warren Buffett’s Banking Buys”
– Warren Buffet tag on AgainstCronyCapaitalism
– “Warren Buffet Reaps Crony Capitalist Billions from Gov Bank Bailouts“
Tags: awiDLjfPwlI, crony capitalism, Crony Capitalist in Chief, cronyism, Warren Buffett