Many questions are being raised about the future for Berkshire Hathaway after Warren Buffett announced he was retiring. But there is no mention of how Buffett Bagged 4 billion of taxpayer money from the O’Biden regime.
Gasp!
Uncle Warren?
And while most of the bought-and-paid-for media presstitutes slobber all over themselves when it comes to interviewing, or even talking about Buffett, we tend to present a different slant to the “Oracle of Omaha.”
READ: 8 Short Stories About Buffett the Media Won’t Report (HERE).
We take nothing away from his amazing investment track record.
But in addition to being a savvy investor, he was also a tremendous beneficiary of Government monetary policy that simply kept markets moving higher over time.
But don’t get us wrong: Buffett’s knack for outperforming the overall market undoubtedly solidifies him as legend.
Ironically (or NOT) some of the stories that get passed around the financial underworld paints a very different picture of Warren Buffett than the jolly old man happy to sit and laugh with Becky Quick.
Many of which liken him to be far more of a shark than most people believe him to be.
Buffett was the perfect balance of cutthroat investor and public relations polish.
And whether his “never bet against America” shtick was honestly how he felt or not, it was instrumental in driving decades of goodwill toward the American financial system.
That’s all part of the good news.
How Buffett Bagged 4 Billion of Taxpayer Money
Many of you might not remember that Buffet was the first in line slurping up taxpayer’s money from the 2008 meltdown.
He desperately needed to be bailed out because, at the time, he was the largest shareholder of AIG.
If you recall, AIG was bankrupt.
So, Goldman Sachs cajoled a huge chunk of the $700 Billion TARP fund to bail out AIG.
Why?
Goldman was on the hook for the debt of AIG and would’ve gone belly-up as well. (Read the full story HERE).
Soon thereafter, Buffett “graciously loaned” Billions of dollars to Goldman Sachs in exchange for “Preferred Stock.” (Compliments of your hard-earned tax dollars).
And in the process, had the media herald him as a hero for saving the financial system from a complete meltdown.
That was only one of many incidents of Buffett Bagging Billions from taxpayers’ money.
Cue up: Joe Biden’s 2020 campaign.
Thanks to DOGE it has been revealed that Buffett (along with Mark Cuban and Bill Gates) each received $4 Billion dollars for their $1 Billion dollar campaign donation to Joe Biden.
Do the math.
A 400% return on investment (from Biden’s Treasury Department) because they donated $1 Billion to elect a man who campaigned from his basement and received 81 million votes, the most in history.
Good old “Uncle Warren.”
All things considered; his retirement timing is impressive.
And just like his sweetheart GE bailout, Bank of America, and Goldman Sachs bailout in 2008-2009, bagging $4 Billion from Biden is proof-positive of that he is/was the ultimate insider.
So, who is the next “ultimate insider?”
Find out in our upcoming May issue of “Simplifying Wall Street…In Plain English” (HERE).
Share this with a friend…especially if they had the same adoration for “Uncle Warren” that the Presstitutes had. They’ll thank YOU later.
And tell them:
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