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The Wall Street Journal argues that Warren Buffett's purchase of a major freight railroad represents Buffett's sense that the Obama administration's emphasis on infrastructure and climate change is going to do wonders for the nation's railroad system. Full Article at Ezra Klein
Related Articles
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There are many reasons Buffett purchased BNSF. The WSJ argument is tenuous, at best. Your analysis hits on potential factor involved in his timing (he could have bought much earlier). Full Article at Ezra Klein
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I had a feeling there was an energy component to the Berkshire Hathaway decision to buy Burlington Northern Santa Fe. And now comes the evidence via coal, a major freight on BNSF's tracks. Full Article at iStockAnalyst
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It's a bet, but not just on America. Full Article at The Washington Post
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It's a bet, but not just on America. Full Article at The Washington Post
Related Quotes
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even as the economy begins to turn around, the employment picture isn't going to brighten immediately -- as the contrast between the recently reported GDP numbers and the unemployment numbers that we are expecting later this week will likely illustrate.
SOURCE: MarketWatch -
Effectively all the growth in real GDP during the third quarter could be attributable -- either directly or indirectly -- to the recovery act
SOURCE: MarketWatch -
We just are not where we need to be yet
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The president values his advice, as he does many others, and the president is doing what he believes is right and best to get our economy back on track and moving again
