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Friday, March 29, 2024

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  1. phil

    Image result for mr burns excellent animated gifAs wildfires rage throughout Southern California, insurance companies are sending in private firefighters to protect homes of the wealthy.

    In 1962, Warren Buffett bought his first shares of Berkshire Hathaway Inc. (NYSE: BRK-A).  The S&P 500 was setting up to close the month at 65.06 and the the Dow Jones Industrial Average at 652.  The average annual income was about $5,556, while the dozen eggs cost a mere 32 cents.  By the time Buffett bought his first 2,000 shares of Berkshire Hathaway, he’d already been trading about 21 years.

    And I tell my children, I remember a time once when the stock market went DOWN for the year….

    And they say "That's silly Dad, the market doesn't even go down for a month":

    I cannot in good conscience vote to add more to the already massive $20 trillion debt. I promised Kentucky to vote against reckless, deficit spending and I will do just that.

    He doesn't mean the tax cuts (that's why the market dropped) – he means AFTER recklessly adding to the deficit with tax cuts, THEN he won't vote for any spending bills that have a deficit.  No wonder his neighbor kicked the crap out of him!  



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