Wednesday, August 27, 2014
Warren Buffett Is An Arrogant.....Hypocrite
Jimmy's Journal tends to lean toward the lighter side of life, yet each day, another hypocritical asshole makes news and pisses me off. Corporate taxes in America are nearly twice the amount as in other countries, inducing corporations to move their offices abroad in order to compete at the same level as foreign corporations. This type of action is referred to as a "tax inversion".
In the maneuver, which breaks no laws, a U.S. company buys a foreign competitor in a lower-tax nation and shifts its headquarters to that country. Obama and some congressional Democrats have been pushing to limit tax inversions.
When corporations move their operations offshore, it causes loss of tax income and the loss of jobs in America. While this problem has stirred many to call for a corporate tax overhaul. Barry Soetero, also known as Barack Obama, called this type of move "unpatriotic". I assume this term is spawned by the loss of tax dollars earmarked to the many Obama freebie giveaways under the guise of help for the disadvantaged.
Enter billionaire investor Warren Buffett, owner of Berkshire Hathaway Inc., who owns Burger King. Burger King has struck a deal to buy Ontario, Canada-based Tim Hortons coffee-and-doughnut chain for about $11.4 billion, with plans to place the new company's headquarters in Canada, where corporate taxes are lower than in the U.S.
Buffett, a democratic supporter and Obama fund raiser, backed an Obama administration plan named after him to force millionaires to pay the same share of their income in taxes as middle-class families. Yet, Buffett is seeking to move his company to another nation for the purpose of paying lower taxes.
In announcing the $11.4-billion deal Tuesday to buy Tim Hortons, the companies said Berkshire Hathaway would receive preferred shares in the new firm for its $3-billion investment.
Need more Buffett hypocrisy? On March 3, 2014, Warren Buffett on CNBC said he would vote yes for the Keystone pipeline not only for jobs but because "I believe it's a useful pipeline".
Really? If Buffett is telling the truth then he must have sold Burlington Northern Santa Fe Railroad. The following story is not new, but it reinforces my belief that Warren Buffett is a hypocritical asshole whose only concern is Warren Buffett.
The News As I See It: The 66th annual Emmy Awards was held Monday night. The Emmys are typically on Sunday night, but they moved them to Monday for the first time for 38 years. One reason is the VMAs were scheduled for Sunday night on MTV.
For those of you too young to know, music videos are something MTV used to play before it turned into a network for pregnant teenagers. The VMAs are a chance for all of the former Disney stars to show up with their new tongue piercings.
Speaking of the Emmy Awards, actress Sophia Verga performed a skit during the show which provoked some swishy critics to refer to the skit as "sexist". Obviously. these lady boys have never seen any of the leaked sex tapes from the likes of Kim Kardashian and Paris Hilton, not to mention the cavorting and twerking of the highly publicized Miley Cyrus. Grow up girly boys and get a sense of humor.
A devastating earthquake hit California's wine country, Napa Valley, over the weekend. The Red Cross is now asking for donations of Merlot. The 6.0 earthquake was so powerful it knocked Arnold Schwarzenegger off his housekeeper. It was so powerful that Lindsey Lohan was driving on the right side of the road.
This Date In History: 1859; Edwin Drake drilled the first successful U.S. oil well near Titusville, Pa. 1883; A massive volcanic eruption on the island of Krakatoa blew up most of the island and resulted in tsunamis that killed over 36,000 people.
1928; The Kellogg-Briand Pact, outlawing war, was signed. 1945; U.S. troops began landing in Japan after Japan's surrender in World War II. 1962; The U.S. launched the Mariner II space probe. 2003; Mars made its closest approach to earth in 60,000 years.
Picture Of The Day: These Red Pandas are the epitome of cute. As per my usual, I neglected to jot down where they're from, but I am assuming Asia. Just Google it.....
Printable Things I Never Told You: 1) I'd like to give a special shout out to the CIA, who were pouring ice cold water on terrorists before the "ice bucket challenge" made it cool. 2) My girlfriend nominated me to do the ice bucket challenge. I'm a little confused. Has anyone else been asked to hold a toaster at the same time?
3) I'm not saying don't trust the internet, but there's an alarming discrepancy in the number of Ipads I've won and the number of Ipads I own. 4) If I were Noah, I would have been grabbing two of every bottle of alcohol. 5) MTV stopped having their "Unplugged" specials because the shitty artists we have nowadays can't play any instruments.....and that's five !
Today's Horoscope: Leo - August 27th: Destiny will help you discover that you are not intended to be alone. Destiny might play with your mind though and may take you to a pet store. Love is a wonderful thing that can truly change your life for the better.
However, the chances of this happening to you anytime before lunch tomorrow are remote so you might as well quit, go home and eat ice-cream until your brain freezes.You may find love in unexpected places. It is equally likely that you'll find love on Ebay. The good thing about Ebay is there's a great sale on shoes today.
Birthdays: Charles G. Dawes, statesman 1865, Theodore Dreiser, writer 1871, Man Ray, photographer, painter 1890, C.S. Forester, novelist 1899, Lyndon B. Johnson, 37th Vice President (1961-63)and 36th President of the United States (1963-69) 1908, Frank Leahy, football coach 1908, Tom Ford, fashion designer, film director 1961.
The AREA 51 Retirement Home Bar And Grill: A blonde in her fourth year as a UCLA Freshman, sat in her US Government class. The professor asked the blonde if she knew what Roe vs. Wade was about.
She pondered the question then, finally said, "Yes, that was the decision George Washington had to make before he crossed the Delaware."
One Sunday morning, the priest saw little Davey staring up at the large plaque that hung in the church's foyer. The plaque was covered with names and small American flags were mounted on either side of it.
Davey asked the priest, "Father Donovan, what is this? Father Donovan replied, "Well, son, it's a memorial to all the young men and women who died in the service."
They stood together quietly, staring at the memorial plaque. Little Davey softly asked, "Which service? The 9:00 or the 10:30?"
The Hits Just Keep On Coming: A man stops by a cafe for breakfast. After paying the tab of $7.75, he checks his pockets and leaves his tip....three quarters.
As he strides toward the door, his waitress muses, only half to herself, "You know, you can tell a lot about a man by the tip he leaves." The man turns around, curiosity getting the better of him and says, "Oh, really? Tell me, what does my tip say?"
The waitress says, "Well, this quarter tells me you're a thrifty man." Barely able to conceal his pride, the man utters, "Hmm, true enough." The waitress continues, "And this quarter tells me you're a bachelor."
Surprised at her perception, he says, "Well, that's true, too." The waitress says, "And the third quarter tells me that your father was one, too."
Murray and Rose are senior citizens and Sam has always wanted an expensive pair of alligator cowboy boots. Seeing them on sale one day, he buys a pair and wears them home, asking Rose, "So, do you notice anything different about me?" Rose says, "What's different? It's the same shirt you wore yesterday and the same pants."
Frustrated, Murray goes into the bathroom, undresses and comes out completely naked, wearing only his new boots. Again he says, "Rose, do you notice anything different?" Rose says, "What's different, Murray? It's hanging down today, it was hanging down yesterday and will be hanging down again tomorrow."
Angrily, Murray yells, "Do you know why it's hanging down? 'Cause it's looking at my new boots!" Rose replies, "You shoulda bought a hat!"
That's it for today, my little glow worms. Remember, a great way to have fun is to hang a map of the world in your house. Then, put pins into all the locations that you've traveled to. But first, travel to the top two corners of the map so it won't fall down.
I'm heading over to AREA 51 for happy hour. Unlike my worldly traveling pals, Jack and Shirley, most of the pin locations on my travel map are bars.
More on Friday.
Stay Tuned !