Great now let's go back to the reason the the railroads were built and the nation expanded, use the railroads for human transportation.
so where's the gamble? We will always tranfer food- no matter how things get -people will eat. And anyway with his money he can turn it
into a tourist attactions. Maybe like mystery trains. :) It's just a toy for him anyway.
I worked for Union Pacific Railroad for 7 years and saw how BNSF was always doing things better. I think BNSF will only get stronger and this was a smart buy. BNSF just does things differently, the only disadvantage they have is that they cannot grow as much as they would like, because UP is so established in many large cities and its cheaper for them to just pay UP to ship to cities that BNSF doesnt serve. UP is larger only because they've been around longer.
we need more Americans like him...this is a historic moment....America is defined by Baseball and the railroads.....
IT TAKES REAL "B***S TO BUY A 19TH CENTURY TECHNOLOGY
Or does it?
We must also remember that with this (ancient) technology comes also the right-of-ways and geography to actually transport stuff. I think he believes that "physical property" is at least as important as the old methods used to go back and forth on top of it. So, in a real sense, he is buying land that connects with other land.
Railroads have owned this property for centuries, so it is unlikely that there would be any legal challanged to developing it in the future. All those challenges have already been "worked through."
There might still be difficulties with environmental groups if he wants to put (say) super-trains on them. But at least ownership will not be an issue.
Now... can someone buy the US government and fire all those yahoos in Washington?
And, NICE JOB WARREN! (need to go buy me some BNSF stock)
Thank you to a REAL American!!! Not one of the PHONY "real" Americans, but the GENUINE ARTICLE! Wish we had a lot more.
some positive USA economy news, great! now if we can just get the GOP on board with the future...
I knew the Republican money grap that started last September was gonna be huge! Warren Buffett doesn't chance his money ever. Did it on our backs. Scum Bags
Wasn't he betting on China few months ago by investing a huge chunk in china's electric car company?
Isn't that just the smartest thing..something we did years earlier!! The railroad has always been, what I thought, the best way to deliver all kinds of things..people, animals,products..And I hope it gets back to that..that would make more jobs..and maybe help with the pollution too! You go Warren!! Now would you please help out the widows and widowers in this country..cause no one else does!! And I am one of those..Maybe I can get a job on the railroad!! Cause there sure ain't many for us older people!! LOL
We will see how smart he is. I envy his confidence, but question his sanity. I would like to see rail transportation come back, especially in areas as congested as the East Coast and the West Coast, and between points like Cincinnati and St. Louis. But he will have to make it pretty lucrative and NOT dependent on oil produced energy. Good luck!
Obumma doesn't like rich White Guy's. Unless of course you donate big time to his campaign which Mr Buffet did. So relax Warren, the Commie isn't coming for your money.
Warren's not so hot. He is simply looking for a tax shelter since the wealthy will ultimately have to help pay for health care in America for most of you. He no doubt ably will pull this money back out of investment whenever the Republicans regain The White House. I think it's all kind of hoggish of him. Mr. Buffett obviously don't believe in anybody can opposing him. Now you see if wasn't for the government regulating Old Warren would have us all eating out of his hands by now. King Warren of America, kind of has a ring to it.
He knows the Democrats are fixing the mess caused by the corrupt Conservatives.He made another smart investment.
" A White Sportcoat and a Pink Crustacean" was my favorite Buffett album. The guy came a long way, and made a lot of money, to be able to buy Burlington Northern. Hope he tours next summer, and keeps writing books. An investment book would be appropriate.
while the gentile masses are losing their jobs and homes billionaire jews like buffett continue to make ever more money..
I'm glad somebody else scooped it up before it became Burlington Northern Santa Fe .gov
Here is an extremely interesting article from Feb. 7, 2009.
It's kinda spooky because it lays out exactly what has already happened, and what is continuing to happen right now under our noses.
Yahoo won't let me put it up because it was already buzzed up 9 months ago......crystal ball or reality?
http://www.americanthinker.com/2009/02
/the
_clowardpiven_strategy_of_e.html
Here's the Baffooonnnn Scam.
Get all the money you can by scamming folks. Sound familiar??
Skim 20+% right off the top, don't forget the quarterly fees of 2% whether the investment goes UP or DOWN.
Get rich without taking any risk yourself.
Baffoonn hasn't had a winning trade since 1973-4. That's a fact!! Check it out.
Baffoonnn is just another Bernie Ripoff who hasn't been caught yet.
Do not invest with this guy!!!! Total SCAM!!!!
Is it really? I never heard of that. Are you looking for wealthy men? I know a hot and interesting place named Billionairepal.com where I have met my boyfriend. You may take a look.
He really wanted that Lionel train set for christmas when he was a young boy. Now he has a real train set for his second chidhood.
I would think a lot of wise old birds in the insurance industry would be "diversifying" right now. giggle.
If Buffett did we all should to. He didn't become a billionaire by luck, this story is free investment advise.
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