[RealJustme]

Obama has his head up the ass of all three of these billionaires and all of sudden they're sneaking out of the stock market...they've been tipped off as to what is about to happen. I've been telling you guys "buy gold" even Al Gore has dumped over $30 million in stocks in the last two weeks, the middle class is about to get raped folks.

[quote]Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is quitely dumping shares at an alarming rate. In the latest filing for Buffett’s holding company Berkshire Hathaway, Buffett has been drastically reducing his exposure to stocks that depend on consumer purchasing habits. He sold roughly 19 million shares of Johnson & Johnson, and reduced his overall stake in “consumer product stocks” by 21%. He also sold his entire stake in California-based computer parts supplier Intel.

Fellow billionaire John Paulson, who made a fortune betting on the subprime mortgage meltdown, is clearing out of U.S. stocks too. During the second quarter of the year, Paulson’s hedge fund, Paulson & Co., dumped 14 million shares of JPMorgan Chase. The fund also dumped its entire position in discount retailer Family Dollar and consumer-goods maker Sara Lee.

Finally, billionaire George Soros recently sold nearly all of his bank stocks, including shares of JPMorgan Chase, Citigroup, and Goldman Sachs. Between the three banks, Soros sold more than a million shares.

quote]

[elklindo69]

Didn't Berkshire Hathaway just buy Heinz for 28 billion?

And my understanding was that the share sales were to free up cash for Combs and Weschler, his new investment managers. And I think they were initiating new positions in the stock market. And gold wasn't one of their new holdings...

[RealJustme]

Didn't Berkshire Hathaway just buy Heinz for 28 billion?

Good catch. Does the corruption never end?

Billionaire Warren Buffett (Berkshire Hathaway owner) announced a megadeal buy out ketchup and food producer H.J. Heinz Co owned by John Kerry and his wife.

"I will need to recuse from certain matters involving H.J. Heinz Company because the investment of the trusts in H.J. Heinz Company stock is greater than their investment in other publicly traded stocks," Kerry told the State Department's Deputy Legal Adviser Richard C. Visek on Jan. 8.

Kerry also agreed to bow out when necessary from State decisions that could affect 16 of Heinz' foreign subsidiaries and partners.

Warren Buffett is the largest investor in green energy and carbon tax credit operations and stands to make 25-50 billion over the next 3 years if the government continues it's investments in green energy operations.

Before his Warren Buffett check even clears the bank what is the first thing Kerry does? His first speech as State Department head is to call for more investments in green energy rather than dealing with State Departments real issues.

Secretary of State John Kerry gave his first major foreign policy speech today. In his speech he said the most dangerous think happening in the world is climate change.

"We as a nation must have the foresight and courage to make the investments necessary to safeguard the most sacred trust we keep for our children and grandchildren: an environment not ravaged by rising seas, deadly superstorms, devastating droughts, and the other hallmarks of a dramatically changing climate," said Kerry

Kerry called for collective action to deal with this problem. "So let’s commit ourselves to doing the smart thing and the right thing and truly commit to tackling this challenge," he said. "Because if we don’t rise to meet it, rising temperatures and rising sea levels will surely lead to rising costs down the road. If we waste this opportunity, it may be the only thing our generations are remembered for. We need to find the courage to leave a far different legacy."