Congress approved infrastructure spending. So that may help X
5% in KMI and total of 8% in MLPs combined of my investments. Bought KMR @ 40 avg, so at current price I am even considering spinoff to KMI. Losing on 2 MLPs, another one just about even. What bothers me was they considered them only 0.8 Beta. Except in KMR I always took cash for distribution, I do that as a rule in all my holdings except Mutual funds.
I have developed mistrust for Mining, Oil & NG companies. They are way too aggressive, why was their BETA so low. Did they have to invest in barges also? No doubt RK is a very smart man, but borrowing excessively has surely mellowed them. Can you trust the Ratings companies? Not after they downgraded credit worthiness of USA, and gave AAA for sub-prime mortgages in the past decade.
Supporting the pipeline does not mean they are exempt from environmental impact fees, they will be required to prove or pay the cost of reducing the additional pollution.
Due you see conspiracy in every thing you do not agree with? Do you think Warren Buffett cares for few more dollars in his pocket? I support Keystone pipeline also, some how you see evil Democrats and Angel Republicans.
What's your point only Republicans can use TAX laws? The law applies equally to all, but I guess Right Wing does not believe in equality! How about Republicans that hold Berkshire stock?
Unlike most donors Warren Buffett has no need for special preference, I guess that's a concept hard to understand for those, who have become subservient to special interests.
Racism is wrong, but I hope every one accepts, the present generation has no obligation or responsibility for reparation or preference of any kind. Sins of past generations must now be preserved in history only. However, Alumni and Athletes receive consideration in admissions also, that practice should end. Who will tell the student who loses his / her earned admission to some one less deserving academically. Colleges and Universities are learning centers, keep them that way.
Is it beyond the abilities of Republicans to understand Democracy and Democrats? Democrats believe in equal Liberty for all.
Before I forget, Admissions based on ALUMNI connections are also wrong and should not be considered.
I believe admissions and job promotions should be on merit only. However, federal govt. must provide SAT classes for free at every school. Present day Students have nothing to do with the past discrimination, there are privileged and poor kids of all color, but we also have a responsibility that every student is offered the opportunity to be the best he/she can be, after school classes by good tutors must be provided at no charge. We should also audit corporations before awarding them Govt. contracts that their internal promotions are merit based. I know the later is difficult to achieve but nepotism is no different than admissions based on anything other than academics. Schools probably will not like it because that would impact their athletic program.
He was talking in the context of his life expectancy. Most of us will not see the worst effects of the global warming but future generations will. (That's if what you wrote about him is true)
How long do you suggest we wait before we jump off the tracks of a speeding train?
KMI & MLP have taught investors and management a bitter lesson, status quo of borrowing an distributing cash to share holders is a model for failure. Distribution must be from earnings only. At least 25% of construction costs (for committed capacity only) must be from earnings no more than 75% from borrowed money. 100% of uncommitted capacity should be from earnings only. Too rapid a growth is hubris, you never know what can happen.
Look where you W got us? No point debating an issue with some one who has been educated by FOX. Hillary Clinton will be our next President.
You are wrong there, Utilities are regulated, KMI is not. They do have a monopoly in areas they serve.