Obama used Warren Buffett’s secretary as a “Prop” at his SOTU address about taxation in America. What Obama FAILED to mention is THIS.
Warren Buffett’s secretary pays so much in taxes, she can’t afford a third home.
By Jim Treacher
January 26, 2012
America has a brand-new sweetheart: Debra Bosanek, Warren Buffett’s
executive assistant secretary. She sat next to Michelle at the State of the Union address, so Barry could use her as a prop in his latest lecture on how your taxes aren’t high enough.
Then she went home. But which home?
The Smoking Gun reports:
Despite a heavy tax burden, Warren Buffett’s secretary last year was able to purchase a second home in Arizona, a residence complete with a swimming pool and a “professional PGA putting green,” according to real estate records.
Debra Bosanek, 55, and her husband Gerald bought the 2100-square-foot home in Surprise, a city outside Phoenix. The Bosaneks paid $144,000 for the four-bedroom, two-and-a-half bath property (the purchase was financed, in part, by a $115,200 mortgage).
The principal Bosanek residence is in Bellevue, Nebraska, several miles from Buffett’s corporate headquarters in Omaha. The couple’s 2568-square-foot home, built in 2000, also has four bedrooms and two-and-a-half baths. But the modest property, which Sarpy County assessors last year valued at $217,716, offers no outdoor amenities for swimmers or golfers.
Surprise! And you thought you had it bad? She! Is! The 99%! She! Is! The 99%! (Come on, chant.) She! Is! The 99%! (Why aren’t you chanting?) She! Is… oh, forget it.
WHAT OBAMA FAILED to MENTION in his SOTU Address………
Pssst……Hey Obama! WHY didn’t you bring up the fact Buffett stands to make even MORE $$$ if Buffett’s Bershire Hathaway gets a contract to use his railroad for hauling TransCanada oil instead of “Investing in the Middle Class of America building the Keystone Pipeline?
Buffett would profit from Keystone cancellation
By Dave Boyer
January 24, 2012
The Washington Times
Warren Buffett, whom President Obama likes to cite as a fair-minded billionaire while arguing for higher taxes on the wealthy, stands to benefit from the president’s decision to reject the Keystone XL oil pipeline permit.
Mr. Buffett’s Berkshire Hathaway Inc. ownsBurlington Northern Santa Fe LLC, which is among the railroads that would transport oil produced in western Canada if the pipeline isn’t built. [Emphasis added]
“Whatever people bring to us, we’re ready to haul,” Krista York-Wooley, a spokeswoman for Burlington Northern, a unit of Buffett’s Omaha, Neb.-based Berkshire Hathaway Inc.,told Bloomberg News. If Keystone XL “doesn’t happen, we’re here to haul,” she said.
The Obama Administration rejected TransCanada’s request for a permit on Jan. 18, saying there was not enough time to review the proposal by Feb. 21, the deadline imposed by congressional Republicans eager to see the pipeline built. The decision came from the State Department, although Mr. Obama said he agreed with it.
TransCanada said it plans to submit another proposal that would avoid an environmentally sensitive route through Nebraska. The State Department had been reviewing the pipeline project for three years when it rejected the permit.
If completed, the $7 billion Keystone XL would deliver 700,000 barrels a day of crude from oil sands in Canada to Texas refineries on the coast of the Gulf of Mexico. It would traverse about 1,600 miles.
The State Department’s review of the project said shipping oil via rail is more costly than delivering it to refineries by pipeline.
Republicans, labor unions and even some Democrats have criticized the administration’s rejection of the pipeline permit, saying it would create up to 20,000 jobs.