Read It Here First

http://www.futureofcapitalism.com/2010/01/read-it-here-first-32

Back on November 3, after Berkshire Hathaway's deal to acquire the Burlington Northern and Santa Fe Railroad was announced, FutureOfCapitalism.com wrote, "Compare Burlington Northern Santa Fe's route map with the map of proposed high speed rail projects competing for $8 billion in federal stimulus funding and you can get a sense of some of the opportunities for Berkshire Hathaway and Warren Buffett." President Obama, in his State of the Union address last night, said, "There's no reason Europe or China should have the fastest trains," and said he'd appear at a high-speed-rail related event in Tampa today. The White House is releasing the details now of the high-speed rail projects getting funding, and, sure enough, a lot of the big ones mesh pretty well with the BNSF route map.

by Editor  |  Jan 28, 2010 at 12:36 am Related Topics:  Reverse Robin-Hood, Stimulus, Warren Buffett receive the latest by email: subscribe to the free futureofcapitalism.com mailing list