Buffett's latest hypocrisy & Berkshire Hathaway Buys $3.45 Billion Stake In Exxon Mobil 8&14NOV13

I used to admire Warren Buffett because of his expressed views on taxing the rich more and the poor and working and middle classes less. That, and what I had read and heard about him seemed to make him out to be someone who understood the economic struggles of the 99% and who might have social justice tendencies. But this from SumOfUs shows how wrong I was about Buffett and what a hypocrite he really is. Here he has $3.45 billion to invest in exxon mobile but is threatening to fire hundreds of employees at the rail yard he controls in Chicago if they attempt to unionize because they can not live on their wage of $9.00 an hour! What, is he taking business management tips from mitt romney??? Please sign the petition demanding Warren Buffett honor his employees by respecting their rights to organize and to pay them a living wage. This from SumOfUs and HuffPost.....

"We don't need to have the extremes of inequality that we have. The people at the bottom end should be doing better.”
That was superstar investor Warren Buffett, and statements like that have made him a progressive icon. But Buffett doesn’t exactly walk the walk: he’s threatening to throw nearly 200 workers onto the street just for trying to lift themselves out of poverty.
Buffett, one of the world’s wealthiest people, owns a huge railroad company, but the workers in a major Chicago rail yard his company relies on are barely scraping by on $9 an hour. They’ve come together to form a union, Buffett’s company says that they’ll all lose their jobs if they try to fight for better pay.
Tell Warren Buffett to stop bullying rail yard workers. Practice what you preach and respect their right to organize.
The rail yard workers are organizing with Warehouse Workers for Justice, the same group that organized workers in Walmart’s warehouses outside Chicago. All these workers are part of the same fight -- warehouses and rail yards once provided good, middle class jobs, but in the era of Walmart, supply chain workers have poverty wages and next to know security while corporations enjoy outsized profits. Like workers in Walmart stores and warehouses, these workers know they’ll only share the wealth if they fight for it, and they’re ready to strike for living wages.
Legally speaking, workers can’t be fired for striking, but Buffett’s company is ready to skirt the law and fire their whole subcontracting firm if they stand up better pay.
We’re never going to get inequality under control if workers can’t organize to make big corporations share the wealth. We need to come together and expose his rank hypocrisy.
Sign our petition to Warren Buffett: respect rail yard workers’ rights
Thanks for all you do,
Rob, Kaytee, and the rest of us

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More information:
Buffet: Stop Bullying Drivers, Warehouse Workers for Justice
SumOfUs is a world-wide movement of people like you, working together to hold corporations accountable for their actions and forge a new, sustainable path for our global economy.

Berkshire Hathaway Buys $3.45 Billion Stake In Exxon Mobil

(Reuters) - Warren Buffett's Berkshire Hathaway Inc on Thursday disclosed a new $3.45 billion stake in Exxon Mobil Corp, after buying 40.1 million shares in the world's largest publicly traded oil company.
The purchase was disclosed in a U.S. Securities and Exchange Commission filing that detailed Berkshire equity investments, mostly listed on U.S. exchanges, as of September 30.
Berkshire also disclosed other changes to its holdings, including a reduced stake in another oil company, ConocoPhillips.
U.S. regulators require large investors to disclose their stock holdings every quarter, and the disclosures can offer a window into their strategies for buying and selling stocks.
(Reporting by Luciana Lopez and Jonathan Stempel in New York; Editing by Gary Hill)
http://www.huffingtonpost.com/2013/11/14/berkshire-hathaway-exxon-mobil_n_4277067.html