Buffett's hot on Buffalo, and happy to promote it on YouTube

[Omaha Steve]

http://www.omaha.com/article/20130519/MONEY/705199938/1707#buffett-s-hot-on-buffalo-and-happy-to-promote-it-on-youtube

By Steve Jordon World-Herald Staff Writer

Omaha isn't the only town Warren Buffett likes.

He makes a YouTube pitch for Empire State Development, the government agency that promotes economic growth in New York, specifically touting Buffalo, where Buffett has owned the Buffalo News since 1977.

In the promotional advertisement, former Buffalo Bills football star Jim Kelly says, “Welcome to the new Buffalo.”

Says Buffett, identified as a Buffalo Business Investor: “Where New York State is investing $1 billion to attract and grow business.”

FULL story at link.

[JDPriestly]

1. Buffalo is painfully cold, but got water.

LA has a wonderful climate, but no water.

Developers are still feasting on the demand for LA properties.

And I suspect that bankers are licking their chops at the thought of privatizing water and selling it, basic as it is to life itself, to us suckers who allow the developers to overbuild here.

You may freeze to death in Buffalo, but you won't die of thirst.