As in the past, richers are coming in and sweeping up assets and resources for pennies on the dollar -- while you wallow in shit, AmeriKa!!!!
"With markets in trouble, Buffett's on buying binge" by Bloomberg News | September 19, 2008
NEW YORK - Billionaire investor Warren Buffett's Berkshire Hathaway Inc., which yesterday agreed to buy Constellation Energy Group Inc., is increasing the pace of deals as debt markets freeze up and stocks fall.
"This is the kind of environment that opens up more opportunities for someone like Berkshire who does still have a lot of cash," said Gary Ransom, an analyst with Fox-Pitt Kelton Cochran Caronia Waller.
Buffett is making deals at a time when others can't.
"When there are market dislocations, we're always going to take advantage of them," Buffett said during the company's annual meeting in May. "Berkshire will make some extra money out of this."
Well, at least someone will be, huh, Americans?
How's that bowl of shit you snacking on there?
