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Breakingviews: Berkshire shareholders react to 'Buffett Rule'

Monday, May 07, 2012 - 02:03

Breakingviews columnist Agnes Crane discusses how Berkshire Hathaway shareholders expressed concern at the annual meeting over Warren Buffett's move into the political arena with the 'Buffett Rule'.

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A political squabbling -- what it is a love fest in Omaha Nebraska. Breaking news columnist Agnes -- was with me at the annual Berkshire Hathaway's meeting and their worst political overtones. As -- happened due earlier this action was a question about well. The warm up -- alive. Care and it is this whole idea that he's entered the political round -- tax. Obama's pick that up and run with it happens and it up. And I think it in the depending on -- looked threatening even more conservative. Republican more upset that the opposite. His name -- -- you know by extension. Berkshire -- but he likes to be seen as a populist. And I think an accident there's nothing wrong with actually advocating something like tax -- -- you know. Airplane attacks all these things I think what's happened is -- now -- top political and say being from home offbeat way outside Washington. When it's outside his and it's. He talks about the circle confidence when asked. This is well. Again I think there is some instant issue around consumption. That concerns. -- again I don't know how far you know how are facts that there's some good some will not -- -- that's. And it comes time that we did this questions from people believe that stock is up -- about so the idea of being there and I believe there was one comment -- that if you. Investing your stocks based on the managers. Political side to -- -- a quip about that yet. But it is interesting -- shareholders obviously feeling that's not to hire yet not indefinitely and that is that is considered high right here -- -- Politically you don't care more but it's political views the process at its essence yeah. Not similar conflict thanks so I just think. Again it's one of those issues and -- manager -- you have to consider what what -- -- went into him and that is -- war. Breaking news columnist Agnes crane that that is always. I'm Rhonda -- this is writers.

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Breakingviews: Berkshire shareholders react to 'Buffett Rule'

Monday, May 07, 2012 - 02:03