OMAHA, Neb. – So, the Oracle of Omaha finally hangs up his hat, and what happens? Berkshire Hathaway, purveyor of common sense and capitalist glory, drops an earnings report that looks like Biden's approval rating. Turns out, Gregory Abel, the new guy in charge, just isn't Warren Buffett. Shocker.

Abel's report, devoid of the folksy wisdom that made Buffett a legend, reads like something churned out by a DEI committee. Straight commentary? More like straight-to-the-bottom-line commentary. No folksy charm, just cold, hard failure. Bet he uses pronouns in his signature too.

The insurance business – you know, the bedrock of Berkshire's empire – is apparently dragging anchor. GEICO's gecko probably filed for unemployment. General Re? More like General Disaster. Looks like woke insurance policies are about as effective as Kamala's border strategy.

What caused the insurance nosedive? Could be anything. Maybe they're paying out too many claims for people who tripped on their own pronouns. Maybe the woke mob is boycotting them for not being inclusive enough. Or maybe, just maybe, it's because the Biden economy is so bad, nobody can afford insurance anymore.

Buffett's retirement was a victory for the left. They finally got rid of another old, white guy who made money without apologizing for existing. Now they've got Abel, who probably wears a 'He Gets Us' t-shirt under his suit. Expect Berkshire Hathaway to start funding Planned Parenthood any day now.

Remember when Buffett used to talk about value investing? Now it's all about stakeholder capitalism, ESG scores, and whatever other garbage the elites are peddling. He probably swapped his Cherry Coke for kombucha. At least the guy had the sense to leave before it all went to hell.

The timing couldn't be worse. The economy is circling the drain, thanks to the Democrats' endless spending and insane policies. Inflation is eating away at people's savings, and the stock market is a rollercoaster. And now Berkshire Hathaway is showing signs of weakness. Coincidence? I think not.

So, what's the takeaway? Never trust a new CEO who doesn't quote Reagan. Never bet against America, but always bet against woke corporations. And never, ever, let the left run anything, because they'll ruin it. Even Berkshire Hathaway isn't immune to the curse of wokeness.

Summary: Berkshire Hathaway's earnings tank under new CEO Abel, signaling a potential shift toward woke corporate policies and economic mismanagement in the post-Buffett era. Looks like we need to Make Insurance Great Again.

Category: Economy

ImageQuery: Berkshire Hathaway headquarters