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“Certainly a blow job for the Insurance Industry if I ever saw one…”
FYI, the insurance industry is already enjoying a generous and lengthy blow job the way things are, which is why they are lobbying so hard against health care reform.
Posted by: East New York at November 3, 2009 2:12 PM
Why would they lobby against a bill that they wrote?
That’s a ballsy move by Warren. I think he knows something. That guy doesn’t make an investment unless he knows things inside out.
In other news….
NEW YORK (CNNMoney.com) — In a major consolidation of the tool industry, Stanley Works agreed to acquire Black & Decker in a $4.5 billion all-stock deal, the companies said Monday.
Under the terms of the deal, Black & Decker (BDK, Fortune 500) shareholders will receive 1.275 shares of Stanley Works (SWK) common stock for each B&D share. That’s a 22.1% premium to Black & Decker’s closing share price on Friday.
biff,
I have no doubt the United States has protected it’s interests playing hardball, everywhere from Panama to Afghanistan and back. I am also under no illusion that these simple freedoms we are enjoying right now, like voicing our opinions on the internet, came at a great price, sometimes an unfair price.
but, what is our alternative when history has proven time and again that despots and tyrants will always be there to take from the many, what little they have, under the guise of a better world.
Hmm, I seem to recall something about an oil running through a certain country we now happen to be losing more soldiers than EVER in. That wouldn’t have anything to do with why were there, would it?
East New York, as the bill stands it is not “universal health coverage” , it should be called “universal punishment” because that’s what it means, just like auto insurance is now. It just makes it illegal to not have insurance besides some very obviuosly good provisions the gist of the bill is just that. Imagine a law requiring you to shop a Walmart, that’s what this is. The insurance industry (which acts as one company through its lobbyists) needs to be run out of the health care game in order to have any truly universal coverage.
NEW YORK (CNNMoney.com) — Warren Buffett said he’s making an “all-in wager on the economic future of the United States” with the purchase of railroad Burlington Northern Santa Fe. Let’s hope it’s a bet that Buffett wins.
The Oracle of Omaha stunned the markets Tuesday with the announcement that his holding company Berkshire Hathaway (BRKA, Fortune 500) was scooping up the remaining 77% of Burlington Northern (BNI, Fortune 500) that it didn’t already own. He’s paying $100 a share, a 31.5% premium to Monday’s closing price.
“Certainly a blow job for the Insurance Industry if I ever saw one…”
FYI, the insurance industry is already enjoying a generous and lengthy blow job the way things are, which is why they are lobbying so hard against health care reform.
Posted by: East New York at November 3, 2009 2:12 PM
Why would they lobby against a bill that they wrote?
That’s a ballsy move by Warren. I think he knows something. That guy doesn’t make an investment unless he knows things inside out.
In other news….
NEW YORK (CNNMoney.com) — In a major consolidation of the tool industry, Stanley Works agreed to acquire Black & Decker in a $4.5 billion all-stock deal, the companies said Monday.
Under the terms of the deal, Black & Decker (BDK, Fortune 500) shareholders will receive 1.275 shares of Stanley Works (SWK) common stock for each B&D share. That’s a 22.1% premium to Black & Decker’s closing share price on Friday.
biff,
I have no doubt the United States has protected it’s interests playing hardball, everywhere from Panama to Afghanistan and back. I am also under no illusion that these simple freedoms we are enjoying right now, like voicing our opinions on the internet, came at a great price, sometimes an unfair price.
but, what is our alternative when history has proven time and again that despots and tyrants will always be there to take from the many, what little they have, under the guise of a better world.
“biff- maybe there should be a “OT six months later” to go along with the house of the day 6 months later?”
Randi, that would be interesting. We can compare today’s posters with those who have blogacided for real.
Hmm, I seem to recall something about an oil running through a certain country we now happen to be losing more soldiers than EVER in. That wouldn’t have anything to do with why were there, would it?
Kens, I own some BNI in my IRA; obviously not enough!
East New York, as the bill stands it is not “universal health coverage” , it should be called “universal punishment” because that’s what it means, just like auto insurance is now. It just makes it illegal to not have insurance besides some very obviuosly good provisions the gist of the bill is just that. Imagine a law requiring you to shop a Walmart, that’s what this is. The insurance industry (which acts as one company through its lobbyists) needs to be run out of the health care game in order to have any truly universal coverage.
NEW YORK (CNNMoney.com) — Warren Buffett said he’s making an “all-in wager on the economic future of the United States” with the purchase of railroad Burlington Northern Santa Fe. Let’s hope it’s a bet that Buffett wins.
The Oracle of Omaha stunned the markets Tuesday with the announcement that his holding company Berkshire Hathaway (BRKA, Fortune 500) was scooping up the remaining 77% of Burlington Northern (BNI, Fortune 500) that it didn’t already own. He’s paying $100 a share, a 31.5% premium to Monday’s closing price.
The black cowboys used to ride over to the Brooklyn Inn from time to time. I always got a kick out of seeing them!