[Aaron Friedman, CC BY 2.0 , via Wikimedia Commons]

Warren Buffett Goes After Major Rival’s Failure

The greatest to ever live, Warren Buffett, rarely pulls punches. When he was asked about the recent train derailment in Ohio, he stuck to that policy, saying that his rival, Norfolk Southern, did a terrible job in the aftermath of the disaster. 

Billionaire investor Warren Buffett said Norfolk Southern

 botched the response to its East Palestine, Ohio, train derailment in February, an accident that spilled toxic chemicals into the environment, according to CNBC.

“I think they’ve handled it terribly,” the Berkshire Hathaway

 chairman and CEO said Wednesday in an interview with CNBC’s Becky Quick from Tokyo on “Squawk Box.”

Buffett, whose BNSF Railway competes with Norfolk Southern, said Norfolk was “tone deaf” for its handling of the Feb. 3 derailment in Ohio.

“I don’t think they’re necessarily bad people for sure, but their response should not have been the same way,” Buffett said. He noted that BNSF had a derailment in March that spilled diesel fuel on tribal land in Washington.

The derailment has been especially bad for Transportation Secretary Pete Buttigieg, along with the Biden administration as a whole, leading at least one senator to call for Mayor Pete’s job. 

New Conservative Post wrote, “Senator Marco said he’d had enough of Buttigieg destroying our transportation system, sending a letter to the president demanding the former South Bend mayor’s immediate resignation. 

In a letter to Mr. Biden, the Florida Republican wrote that Mr. Buttigieg has repeatedly demonstrated a “gross level of incompetence and apathy” that harms the “safety and prosperity” of the American people.

“’For two years, the transparency and accountability that you promised to obsessively uphold during your inauguration has been nowhere to be found. The incompetence and failure within your administration cannot continue to be ignored when Americans’ health and safety are at risk,” Mr. Rubio wrote. “I hope you will change course in order to uphold your so-far-unmet promise to the American people by requesting the immediate resignation of Secretary Buttigieg.’”

The Biden administration also received pushback after the president refused to visit the troubled town in Ohio, instead choosing to fly to Ukraine instead to announce that the United States would be paying for that country’s government pensions

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