Saturday, May 05, 2012

This is a scandal: If Obama fan Warren Buffett's company has $38 billion in cash, and he's personally worth $44.4 billion, why does he need even one dime of taxpayer money for his allegedly planet-healing wind and solar projects?

Buffett and Munger field an assortment of questions at Berkshire Hathaway's annual meeting | StarTribune.com

RENEWABLE ENERGY:

Buffett said the subsidies Berkshire Hathaway's utility companies get for their wind and solar power projects are important because the projects might not get built without them.

"I don't think any of our projects would make sense without subsidies," Buffett said...But Berkshire still doesn't want to pay a dividend anytime soon because Buffett and Munger believe they can invest the $38 billion cash on hand profitably.

Warren Buffett Net Worth | Celebrity Net Worth

Warren Buffett is the third richest man in the world with a net worth of $44.4 billion.

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