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"

Labor Day myth and the reality.

I am about to head off to work this Labor Day. I'm probably one of the few people working this day here in the U.S.. Even many of the illegal immigrants will be filling the parks enjoying the day off. I don't mind working but, paying taxes and subsidizing others and the businesses that hire illegals is another story altogether. The corrupt employers who hire the illegals keep crying about the "labor shortage" in this country as the reason why they hire illegal workers. But as this article in Business Process Management points out that they are ignoring the reality of the free market system. While at the same time ruining the country for their own greed. Here are some of the money quotes:

"But some economists and worker advocates argue the concept of a labor shortage is simply being used to keep wages down. "Employers are very quick to raise the specter of a labor shortage, but often it's another way of saying they can't find the workers they want at the price they're paying," says Jared Bernstein, senior economist for the Economic Policy Institute, a left-leaning think tank in Washington. "They are unwilling to meet the price signal the market is sending, so they seek help in the form of a spigot like immigration."

"Most Americans certainly aren't finding their incomes exploding. The wages of 80% of the U.S. workforce -- made up of nonsupervisory workers -- have been stagnating since the late-1990s boom ended. On Aug. 20, the government released data that showed the average household income increased 4.1% in 2005, to $55,238. But that's still below the average household income in 2000."
Well I guess it's time to go to work.

Corporate criminals and illegal immigrants

A Washington Post article by Krissah Williams reports that AIG the big insurance company apparently has no scruples when it comes to making a buck in the United States. Like that other corporate criminal Bank of America that looks the other way and offers bank accounts and other services to illegal immigrants in this country AIG seems to have no problem doing the same in issuing insurance policies to illegals. AIG too seems willing ask no questions when it comes to making a buck. Of course with it's pro illegal media bias the Washington Post does not mention illegals but, you can read between the lines pretty easily. Here are some of the money quotes:
"Foreign-born workers, many of whom do not have bank accounts, could become loyal customers if wooed by the financial services industry, said Len Battifarano, senior vice president of the international insurance division of American International Group, one of the world's largest insurance companies"

And how will AIG make sure that the policies they sell will not be given to people who are violating United States laws? Try not to laugh to hard when you read this quote:
"AIG and Microfinance International will sell their benefits package to local employers at $10 to $20 a month per worker. The companies hope to sign at least 25 to 30 employers this year and said they assume that the workers they enroll in the program will be legal U.S. residents who have been vetted by their employers."

I happen to have an AIG insurance policy on my car. I wonder if they will ever just "assume" that I have a $250,000 custom built sports car in my driveway. Now where is the number for that other insurance company? I think it's time to move my policy to another insurance company.

ILLEGALS R US

The corporate weasels at TOYS R US are despicable. They had a contest to give a $25,000 Savings Bond to the first baby born in the UNITED STATES after midnight on January 1, 2007.

"according to the official rules, the mother must be a legal U.S. resident."

Guess what?

"the prize instead was awarded to the runner-up - Jayden Swain, born 19 seconds after midnight at Northeast Georgia Medical Center in Gainesville, Ga. - after the contest administrator was told that Yuki's mother "was not a legal resident of the United States."

Here is the weaselly response from Toys R Us:

"We deeply regret that this sweepstakes became a point of controversy. As a result, we have decided to award all three babies in the grand prize pool a $25,000 savings bond."

Oh yeah the third baby in the running was born in Bay Shore, N.Y., to a couple from El Salvador.

Don't even ask about that that situation!