The Economic Civil War In America – Rich white guys face off

It turns out that it is rich white progressives verses rich white recessivesthat is politically rivening this country. This leaves all of us in the middle angry and confused. I disagree with Buffet on this one, but I see why he is fighting the fight.

https://www.afr.com/news/world/north-america/warren-buffett-and-casino-boss-sheldon-adelson-clash-in-nevada-over-electricity-20181030-h17bc5

Warren Buffett and casino boss Sheldon Adelson clash in Nevada over electricity

by Trevor Hunnicutt

New York | Casino magnate Sheldon Adelson and investor Warren Buffett are set for a desert showdown over electricity next week as the two billionaires’ interests collide on election ballots in Nevada.

At issue in the November 6 election is the cost and control of power from the neon lights shining on the Las Vegas Strip to the state’s gold mines.

A measure supported by Republican donor Adelson, who is also Las Vegas Sands Corp’s chairman, would force state legislators to break up control over much of the state’s electricity in effect held by a unit of Buffett’s Berkshire Hathaway, NV Energy. It would allow customers to choose their own power provider by 2023.

Buffett has supported liberal causes and backed Democratic presidential candidate Hillary Clinton in 2016.

Unlike previous western duels, both sides in Nevada are showing up with cash. The energy tussle is shaping up as one of the more costly of an election season in which Democrats are trying to wrest control of at least one chamber of US Congress from Republicans.

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Go there and decide for yourself. More next week.:

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