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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: TideGlider who wrote (684401)	6/3/2005 8:43:48 AM
From: willcousa	Read Replies (2) \| Respond to of 769670

The lefties here are a disinformation machine, probably paid by the demohack party. This stuff began with the villification of Hoover and the deification of Roosevelt and it never stops. Lenin and Stalin and Goebbels had nothing on this group when it comes to distorting history.

To: TideGlider who wrote (684401)	6/3/2005 7:34:21 PM
From: sea_biscuit	Respond to of 769670

From Forbes: "Looking over the longer term, however (and Buffett himself points out he is a long-term investor), the dollar bet has been successful. He began buying foreign currencies in 2002--for the first time in his life, he said at the time--on a belief that the U.S. dollar was due for a fall. [...] Berkshire made $297 million in profits from its position in 2002, $825 million in 2003 and $1.84 billion last year." Berkshire lost $307 million in the latest quarter. So, overall, Buffett has made more than $2.3 billion shorting the dollar.

To: TideGlider who wrote (684401)	6/4/2005 3:05:18 AM
From: DuckTapeSunroof	Respond to of 769670

"...disbelieves Buffett's own comment of losing nearly a 1/3 billion on his dollar short." Quit lying Tide. Have you no shame? I NEVER said I 'disbelieved' any of the profit/loss reports filed by Buffett concerning his currency trading --- you are just making that crap up! What I said was that, in toto, he's up BIG since he started diversifying out of the dollar, and he IS. (It would be a federal felony for the public corporation Berkshire Hathaway to file false profit/loss reports.) As another poster here has told you: "He began buying foreign currencies in 2002, for the first time in his life, he said at the time, on a belief that the U.S. dollar was due for a fall. Berkshire made $297 million in profits from its position in 2002, $825 million in 2003 and $1.84 billion last year. Berkshire lost $307 million in the latest quarter. So, overall, Buffett has made more than $2.3 billion shorting the dollar."