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Published: Tue, 3 Nov 2009
Description: Eric breaks down the Oracle of Omaha's purchase of Burlington Northern.
Automatically Generated Transcript (may not be 100% accurate)
" There right two got -- let's get to the book did express pay 77%. What Burlington northern today. That was what he didn't already on that deal comes out that. 44 billion dollars and twenty billion dollars of new body warm put into the company causing an update or he's sort of fifty. Think people want stock split with the beach chairs and the B shares -- trading around 3300 dollars a share right now -- put out about 6566. Dollars a share. Became shares trade about. Thirty times that almost a 100000 dollars and he calls this did this at all in the -- I economic future of the US she's very very pro US he's putting his money where his mouth -- The next street here is the book Burlington northern. This is what Burlington northern did you guys are here in this narratives about 27%. On the day up. 21 dollars a share that it's a big. Candidate for people -- Britney and -- third screen gold this sequel called the sequel we get on here. For two years haven't -- gold's going higher today we made an all time high -- 1008. It hit the record high that's Troy ounces -- record. Yes it's the dollar but does it because of mine. Death is running around twelve trillion dollars and running deficit spending Washington a lot of money flocking to gold in hit by the Kuwait reported last night he bought. 200 metric tons of gold last month. That's now a whopping 193. Billion dollar profit in two weeks last great here's your stimulus breakdown so far here's -- we're spending stimulus in this beat. Which was spending it we spent 21% of it tax benefits allotted 288 billion dollars 62 billion Spencer Clarke contracts grants launched. 47 billion spent out of a possible to 75 that's only 17%. And entitlements. Entitlements 64 billion spent about. 44 when he got sent around a 22%. Spending rate last not least. Here's here's here's the video why did -- put her up here -- alcohol and wins New York 23 it will be solely because of her right there by the fact that he -- At the end of last Sunday instead take my votes and getting to the Democrat that just increased her political capital. I'm all for Palin 2012 you Rebecca."
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