Saturday, December 08, 2012

NO WONDER WARREN BUFFETT IS SMILING



As they say "if you wonder why things happen it is always useful to ask who benefits?"
The Washington Post announced that it will be paying it's 2013 dividends early. Here is the money quote:
"WASHINGTON (AP) -- The Washington Post Co. will pay its 2013 dividends before the end of this year to try to spare investors from anticipated tax increases.
The media and education company said Friday that its dividend of $9.80 per share is payable Dec. 27 to shareholders of record as of Dec. 17. The payout is instead of regular quarterly dividends next year."- AP

Guess who is the biggest shareholder in the Washington Post?
"Warren Buffett's firm Berkshire Hathaway. Berkshire is its largest shareholder with an estimated 1.7 million shares, which means it could get a roughly $17 million dividend payment."

To all the liberals  and liberal media outlets who love Buffett's call for increased taxes on the richFile this under "Hello Suckers"

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