William Buffett Donation to Bill Gates' Foundation Means Millions for Abortion
Omaha, NE (LifeNews.com) -- Investment guru Warren Buffett says he will donate the bulk of his fortune to the pro-abortion foundation set up by Microsoft founder Bill Gates and his wife. That the world's second richest man would leave about 80 percent of his estate to the Gates' foundation is a huge concern for pro-life advocates because of the groups it supports. Ref. Sourcel
Wow, thats quite a chunk of change to donate to one cause. I find it odd that one man feels that strongly about abortion. I also don't find it a coincidence that he specified it and don't consider it a business venture. This is a strong statement about where he stands on abortion and he is backing it with 80% of his fortune. Thats a statement that won't be miscontrued and won't go unnoticed.
No, this is not a buisness venture, this is a cause for humanity and I, as always, support Warren Buffett.
"I could end the deficit in 5 minutes .. You just pass a law that says that anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election"
-- Warren Buffett
Billionaire investor Warren Buffett discloses he was diagnosed with stage 1 prostate cancer but says it is not life-threatening.
Scans reveal the cancer has not spread to other parts of his body, he says. He will undergo radiation treatment beginning in July that will limit his travel.
"I feel great -- as if I were in my normal excellent health -- and my energy level is 100%," he says in a written statement. Ref. CNN
Warren Buffett (Hover)
Warren Buffett: 'America Has Faced A Lot Tougher Problems Than This One':
"The United States is richer than it's ever been. We have $50,000 or so of GDP per person. But we've overpromised and we've also undertaxed to some extent, so we find ourselves with this great fiscal imbalance Ref. Source 3
Buffett's letter to shareholders laments underperformance of Berkshire Hathaway's book value vs. S&P 500 index performance and his own inability to land "A couple of elephants" in pursuit of major acquisitions. Interest was particularly high in this year's letter as shares of Buffett's conglomerate, Berkshire Hathaway, hit an all-time high Thursday as many of the company's bets made last year and prior are starting to pay off. The annual letter contains Buffett's thoughts on money, investment and life, ahead of the company's annual shareholders' meeting, this year scheduled for May 4. Ref. USAToday