Friday, October 10, 2014

More on Bill and Warren, the Gamblers



You can See Gates and Buffett's Values
by where they invest their money
They like doing it together




Really, Bill and Warren are very open about sharing their values. They invest money and want the largest possible return on investment possible. To ensure this happens they naturally follow the carefully honed protocols pioneered by Big Oil Guys like Charles and David Koch.

The First Commandment is: Evade the consequences of your actions which would cost you money. Number One probably has a special section in The Koch Method, which is used to train their employees. 

 

Bill and Warren love investing together, in this case Gates owning the Northern End of the transport system used for moving around highly volatile raw materials, for instance Tar Sands and Bakken. Warren owns the largest share of the Southern End. 
 
How nice they can share. Nicer if they invested in something less likely to incinerate large numbers of people and destroy the usefulness of their property.  And if you think giving attorney's lots of work improves the matter, think again.  



From: Bloomberg
Gates-Backed CN Wins in 2014 While Buffett’s BNSF Falters
By Frederic Tomesco and Thomas Black
September 02, 2014 4:21 PM EDT

Photographer: Chris Ratcliffe/Bloomberg

 Bill Gates, co-chair and trustee of Bill and Melinda Gates Foundation, pauses during a session on day three of the World Economic Forum (WEF) in Davos, Switzerland.
Bill Gates and Warren Buffett, the two richest Americans, share a friendship, a commitment to philanthropy and an interest in railroad investments. In 2014, Gates’s trains are the better performers. 
 
Canadian National Railway Co. (CNR) is beating benchmark stock indexes as profits and shipments surge, a boost for Gates, the largest shareholder. At C$64.7 billion ($59.2 billion), the railroad today passed Suncor Energy Inc. (SU) to become Canada’s fourth-largest company by market value. 
 
BNSF Railway Co., owned by Buffett’s Berkshire Hathaway Inc. (BRK/B), is struggling. North America’s biggest railroad by sales is grappling with slow traffic and is being scrutinized by U.S. regulators for poor service, spurring concern that it risks a permanent loss of some customers. 
 
CN still is the gold standard today, and they continue to execute extremely well,” said Stephen Groff, a fund manager at the Cambridge Global Asset Management unit of Toronto-based CI Investments Inc., which owns Canadian National stock. BNSF “is having some real problems. They are fixing these problems, but they are a little late.” MORE


Why Billionaire Bill Gates Owns Canadian National Railway Company

By Andrew Walker - September 2, 2014
Bill Gates is the largest shareholder of Canadian National Railway Company (TSX: CNR)(NYSE: CNI), with a massive 13% stake in Canada’s flagship railroad operator.
The Microsoft Corp. co-founder and world’s richest person first declared his ownership position in Canadian National Railway back in 2000. The bet has paid off handsomely, with a stock-price gain of nearly 900% on the investment.

Here are three reasons why I think you should invest like Bill Gates and buy shares of Canadian National Railway Company. MORE

The thing really being gambled is other people's lives and property. 



Canadian town evacuated after train carrying dangerous goods catches fire

Associated Press in Wadena, Saskatchewan
theguardian.com, Tuesday 7 October 2014 17.56 EDT 
 
Hazardous materials crews are en route to derailment site in Saskatchewan after petroleum distillate spills from two train cars
 


A Canadian National Railway Company freight train carrying dangerous goods has derailed in central Saskatchewan in Canada and has caught fire.

The Saskatchewan government said Tuesday the derailment happened near the small community of Clair, which is being evacuated.

A highway has been closed in the area. MORE

They are both doing it.  This is open, shameless, criminal behavior.  

END THE GREED
A Legislative Proposal for Congress


Minimize the Impact of Toxic Events
Healing the Hazards 

This is a Point Purple Issue, where all of us meet.   Right, Left and Independent, all Americans should agree on our desperate need for transparency and accountability. 

What did a real conservative say about the environment and free enterprise?
- “While I am a great believer in the free enterprise system and all that it entails, I am
an even stronger believer in the right of our people to live in a clean and pollution-free
environment.” ~Barry Goldwater

Goldwater would have made sure Congress listened and did the right thing.  

Thursday, October 9, 2014

Bill Gates Meets Warren Buffett

"The Gambler"
Advice to a Younger Player, 1991
With thanks and apologies to Kenny Rogers – Melinda Pillsbury-Foster 


Bill and Warren meet for the first time.
 
On a warm summer's evening
On a plane bound for nowhere
I met up with the gambler
We were both too tired to sleep
So we took turns a-starin'
Out the window at the vastness
The boredom overtook us, he began to speak


He said, "Son, I've made a life
Out of readin' people's faces
Knowin' what the deals were
By the way they held their eyes
So if you don't mind me sayin'
I can see you've lost your way here
For a taste of your whiskey
I'll give you some advice"


So I handed him my bottle
And he drank down my last swallow
Then he bummed my last cigar
And asked me for a light

 


And the air got deathly quiet
And his face lost all expression
He said, "If you're gonna play the game, boy
You gotta learn to play it right



You've got to know when to hold 'em
Know when to own 'em
Know how to shut em'up
Know who to run
You never count your money
When you're sittin' at the table
There'll be time enough for countin'
When the your deal is done



You've got to know how to buy 'em
To compromise them
When the temperatures' risen'
Call in your marks
You'll see fear on their faces
They'll know what they place is
You'll keep the profits
And they'll seal it down tight.

Little Logan needs a respirator because of information concealed from his grandma about the danger of fumes.

You stall all the losers
You send in some bruisers
You sell them on promises
You'll never keep
They'll wait while they're dying,
Complaining and crying
But no one will hear them
As they die in their sleep.



Every gambler knows
That the secret to survivin'
Is knowin' what to sell off
And knowin' what to keep
'Cause every deal's a winner
And every deal's a loser
And the best that you can hope for
Is to die in your sleep


And when he finished speakin'
He turned back toward the window
Crushed out my last cigar
And faded off to sleep
And somewhere in the darkness
The gambler he broke even
And in his final words
I found the deal that I would keep 
 

You've got to know when to hold 'em
Know when to own 'em
Know how to shut em'up
Know who to run
You never count your money
When you're sittin' at the table
There'll be time enough for countin'
When the your deal is done

Box Cars, Bill, buy the Box Cars


You've got to know how to hold 'em
(How to hold 'em)
Know when to own 'em
(When to own 'em)
Know when to buy them off
Know when to lie
You never count your money
When you're sittin' at the table
There'll be time enough for countin'
When the deal is done

And when you do it right, there is no gamble.





The Giving Pledge: Billionaires Promise to Donate at Least Half Their Fortunes to Charity

 By BRADLEY BLACKBURN 

At the urging of Bill Gates and Warren Buffett, forty of the world's richest families have promised to give at least half of their fortunes to philanthropy. 

By taking the "Giving Pledge," the forty families or individuals, most of whom are billionaires, are promising a collective sum of at least $125 billion to charitable causes, based on Forbes' current estimates of their net worth and other data sources. MORE?

How much more of this self-congratulatory outrage can we take?

Honorable people pay their debts and honorable businesspeople take responsibility for ALL the damage they do to others, even if they are ordinary people not pre-signed with legal counsel.  

It is part of the Greedville Business Plan to steal and then give to those who will then support the theft because they benefited.  

Instead, let's enforce accountability for everyone, starting with Charles and David Koch and then moving on to Bill and Warren. To make this work we need to watch every single member of Congress closer than their personal proctologists. 

 

END THE GREED
A Legislative Proposal for Congress

Minimize the Impact of Toxic Events
Healing the Hazards 
 Narrative
END THE GREED
A Legislative Proposal for Congress

Minimize the Impact of Toxic Events
Healing the Hazards 
 Narrative
- See more at: http://kochtruths.blogspot.com/p/action.html#sthash.7up54pdf.dpuf


This is a Point Purple Issue, where all of us meet.   Right, Left and Independent, all Americans should agree on our desperate need for transparency and accountability. 

What did a real conservative say about the environment and free enterprise?

- “While I am a great believer in the free enterprise system and all that it entails, I am
an even stronger believer in the right of our people to live in a clean and pollution-free
environment.” ~Barry Goldwater

Wednesday, August 6, 2014

The Saga of Greedville - Number One - Warren Buffett

Introducing the Greedville Players, starting with Warren Buffett.  We will be your tour guides to who they are, what drives them, and how to fight back.

Number One - Warren Buffett 

The warm and friendly face most people saw was an illusion assumed long ago. “They need to trust you, even love you,” his employers had told him. “Make them laugh.”

Making us chuckle disarms us. Warren worked on developing those one liners which bring smiles and inspire, deepening our trust.

Warren Buffett had early learned to become whoever he needed to be. Disguise is part what he always thought of as, 'The Game.'

He learned about selling stock by hanging out at his father's stock brokerage. Chalking in prices on their blackboard, he studied how money was made. At age 11 he bought his first shares.

When he delivered papers in Omaha, Nebraska as a kid his customers loved him. “What a prodigy,” they told each other. He also wrote and sold a tip sheet for horse racing.

When his father was elected to Congress he and a friend bought a used pinball machine for $25, installing it in a barbershop. More pinball machines followed.

Making money fascinated him. Getting people to like and trust him was part of the Game. Opportunities were there, most available if he was trusted and liked.

Hired by the Rothschilds straight out of college in Pennsylvania he understood the stakes, and exactly what he could gain in the biggest game the world would ever see. He succeeded, didn't he?

The story of Warren Buffett and his connections control of our world today. Understanding their Game takes you past illusions into the reality they are living out at our expense.

Now 84, Warren is still playing The Game. He sees tank cars as pinball machines in the Game that is his life. If people mattered to him Buffett would insist on safety. His actions are what you should believe. Buffett knows exactly what he is doing.

 Does anyone doubt today the tank cars in use are deadly to human life?


Risk comes from not knowing what you're doing.” - Warren Buffett

When they blow up Buffet's company collects the insurance and avoids paying for deaths and other damages. Simple, tidy, legal.

Rule No.1: Never lose money. Rule No.2: Never forget rule No.1.”

Buffet has a singular focus in life, making money.

There's class warfare all right, but it's my class, the rich class, that's making war, and we're winning.”

Now, think again.  How do you think Warren Buffett sees us?



Watch for them and understand.



Welcome to the Saga of Greedville, the stories which continue to shape our world, the action driven by those who lack conscience. Psychopaths walk among us learn to recognize them.

Tuesday, July 15, 2014

No. 12 – Friday Night Special – In North Dakota Accidents Happen





When a kid has an 'accident' at age two, we all understand. But if he is still doing the same thing when he is 72 we know it is time to strap on the Depends.

A small child is not expected to be responsible. The elderly generally have learned enough through living to handle these things themselves. But what do you do with the .01% who just don't 'get' it?

At least the materials generally consigned to diapers and Depends are easily bio-degradable.Though when even using these for clean up burnishes their bottom line, as is the case with Charles Koch, you have to wonder how accidental it all is.  

You are not going to believe what has been going on in North Dakota with the most foul and toxic substances you can imagine. So we are going to show you.

Charles Koch with Depends, to ensure those ugly spills are at least contained.


 North Dakota has had 8,000 spills of the horrible, toxic, reeking stuff which issues out of the pipes which supply Koch Industries with raw material from North Dakota.  

You heard right.  8,000. 

8,000 Spills since 2000 - But whose counting?  


 The material which issues from the pipes on which Charles Koch depends for his raw material includes "oil, Saltwater, Brine, and Other," which means it is even scarier to think about.  

This isn't that nice clean saltwater you play in at the beach.  In this context what they are calling 'Saltwater' is actually Produced Water, a byproduct of fracking. 

The salt in this is the least of it.  

Think really, really nasty, making the contents in Charles Koch's personal Depends look like flowers in May.  

And if using paper goods to cope with Tar Sands Spills sounds absurd remember the rolls of paper towels unfurled in Mayflower, Arkansas last year. As implied earlier, Charles and David Koch produced those paper towels, optimizing their return on investment, so to speak. 

We, the public, generally think in terms of small spills, ones which could be contained in a family swimming pool.  But cast your eyes down to the size of the five largest spills just in North Dakota.  All but one of these took place within the last year.


The 5 largest Fracing-related onshore spills in ND
Name Date Location Company Gallons Type Source Cause
Mandaree 7/9/14 Bear Den Bay Crestwood 1 million Frac water

Pipe separation
Casselton 12/3013

BNSF 400,000 Bakken Oil Tank Car Derailment
Big Gumbo Creek 11/25/2013 Bowman Co Denbury 715,000 Frac Water 3’ Plastic Pipe
Temperature
Break
Tioga Farm 9/29/13 N. Tioga Tesoro 1 million Bakken Oil 6” pipe Lightning
Alexander Jan 2006 N Dakota Creek Zenergy 1 million Frac Water 3 “ Plastic Pipe
Who knows?
Maybe Charles Koch?


 How big a container do you need to hold a million gallons?  This question has been answered for us by the United States Geological Service.  



As they say on the USGS site, "If you were a swimming-pool builder and a customer asked you to build a pool that would hold a million-gallons, then they had better have a big yard! You would need to build a pool about 267 feet long (almost as long as a football field), 50 feet wide, and 10 feet deep."

Now, what about that 'Saltwater AKA Produced Water, which fills this pool?  

Material Name:                       Produced Water, Sweet
Synonyms:                               Formation Water; Oily Water; Produced Brine; Produced
                                                   Water; Salt Water;

Product Description:                A mixture of water, salts, and hydrocarbons, with variable 
                                                    amounts of impurities.

And what does Continental Resources have to say about the potential dangers of Produced Water? 

 

The folks who produced the information we used, Continental Resources, say this and a lot more.  This is not the stuff you put in your swimming pool.  

Is 'Produced Water a health hazard?  Yes, without doubt. 
 

 But oil companies not only cheerfully ignore spills, if they can get away with it, they leave the residue on other people's property, pretending the problem is handled.  Sort of like a bunch of juvenile delinquents not long out of diapers, actually.   

And what should we adults do about these outrages?  Make sure the perpetrators pay and that a responsible adult, or many responsible adults, keep their eyes on their every move.  Really, Charles and his friends will be happier after they have been disciplined and understand they must behave themselves.  


Make Charles Koch a good, happy baby
Here is our proposal to ensure Big Oil, which has ignored their obligation to do business responsibly, is monitored 24/7 and that the people who live every day with these threats are secure.  Take Action