Obama Fuzzy Math Campaign Funds
Buffett Bailouts Point to Obama $1 Billion War Chest
The Obama 2012 Campaign is now already worrying about smaller and fewer contributions because some voters on this go-around are either disgruntled, disenfranchised or cash strapped donors referred to as the "folks", Unions, Minorities, Students and other Special Interest groups who are not satisfied with the last three years of economic disaster with more yet to come. So how does a Presidential Candidate raise $1 Billion Dollars? ...Call Warren Buffett! ...it's the "Chicago-Style Politics Way" and it's just a little "Chump Change" for Warren anyway!
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| Democrat Party-Backer Buffett advises Barack WHY OBAMA REALLY DOESN'T NEED ANY OF YOUR DONATIONS! ... During his 2007 Election, Obama was very crafty to decline public financing and the highly restrictive spending limits that came with it, making him the first major-party candidate since the system was created to reject taxpayers' money for the general election to bypass close campaign funding scrutinies. It did, however, open up a floodgate of questionable private donations and outsourced funds from overseas financial institutions. Is Obama doing it again? LOL! |
Read a recent news article about the Bank of America deal and the other "Bailouts" - Great Business Opportunities, especially if you are on the "Inside track".
August 25, 2011 - The big winner on a down day for the stock market is Warren Buffett and Bank of America (BAC). Bank of America is up 9% on a day when the market is down 200 points. In a surprising move, Buffett made a $5 billion dollar investment in the banking giant that helped to stop its shares from sliding. Buffett has once again stepped up to rescue one of America’s struggling blue chip companies.
Buffett’s company, Berkshire Hathaway is buying 50,000 shares of preferred stock in Bank of America. These shares have a liquidation value of $100,000 per share. In return for this $5 billion dollar loan, Bank of America will pay Buffett $300 million dollars in dividends a year. That is a 6% annual dividend return guaranteed. That dividend yield is fantastic for a large cap company.
Buffett’s company, Berkshire Hathaway is buying 50,000 shares of preferred stock in Bank of America. These shares have a liquidation value of $100,000 per share. In return for this $5 billion dollar loan, Bank of America will pay Buffett $300 million dollars in dividends a year. That is a 6% annual dividend return guaranteed. That dividend yield is fantastic for a large cap company.
This was a good move for Bank of America because it helps to calm market fears about the bank being unsafe. Buffett’s investment in General Electric and Goldman Sachs did the same thing for those companies during the financial crisis of 2008. Buffett was able to get even better terms on preferred stock investments in those companies.
MAJOR "WOW!!" FACTOR - AREN'T THESE THREE COMPANIES ALL HUGE OBAMA CAMPAIGN CONTRIBUTORS TOO? ...Hmmn?
~ REMEMBER... VOTE 2012! ~ |
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