At least somebody benefited from Obama’s “no” on Keystone XL

posted at 7:47 pm on January 24, 2012 by Tina Korbe

Celebrity protesters and other critics objected to the underground Keystone XL oil pipeline because, they said, the pipeline posed environmental risks. Chief among those risks was the possibility that the pipeline could leak or spill, which could in turn threaten the water supply and the survival of — you guessed it! — endangered species.

For the leisure class, those concerns trumped the creation of thousands and thousands of jobs — and, for Obama, beholden to competing special interests, the support of that class ultimately trumped the support of blue-collar workers. He said “no” to the pipeline.

Now, belatedly, we all begin to remember that his “no” won’t stop the transportation of oil across the country anyway. Keystone XL was designed to transport oil from the Canadian tar sands to the Gulf of Mexico, but it would apparently also have enabled oil producers in the booming oil fields of North Dakota to ship their product to the GOM more cheaply, as well.

Without the pipeline, oil producers will rely on an older method to ship the crude — low-speed rail transportation. That’s right — I’m talking about good old-fashioned trains. Not only is it more expensive to ship crude by rail, but it’s also — get this — more dangerous. Here’s a confirming quote from a Sierra Club spokesperson, via John Hayward of Human Events:

“There is no question that [transporting] oil by rail or truck is much more dangerous than a pipeline.”

So, great: In the environmentalists’ quest to preserve the environment from Keystone XL, they’ve effectively ensured the environment will be exposed to the risks associated with transporting crude by rail. (They also effectively imposed higher shipping prices and, presumably, higher gas prices for us all, but we’re not supposed to talk about that.)

But that’s not all: Guess who owns the rail line that handles 75 percent of North Dakotan oil shipping? Ah, yes! The Oracle of Omaha! Warren Buffett himself!

Hayward summarizes perfectly:

For some reason, nobody from BNSF or Berkshire Hathaway would return the AP’s telephone calls, but oilman Harold Hamm told them he was sure this was just a wonderful “lucky break” for Barack Obama’s favorite billionaire, who is “certainly favored by this decision.”  I’ve heard Buffett’s famously overtaxed secretary will be a guest at the State of the Union address tonight.  Maybe someone could ask her about it.

The “tax me more” refrain from liberal billionaires is one of the oldest sucker games in the book.  For the well-connected, the money that can be made through government power – whether by influencing corrupt politicians, or merely predicting what they’re going to do – dwarfs whatever income they offer to cough up.

All of this confirms what we already knew about President Obama’s Keystone XL decision: It betrays the two devastating hallmarks of his energy policy, in general. Can you say “crony capitalism” and “unintended consequences”?


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how is this allowed?

sad sad sad…

Drunk Report on January 24, 2012 at 7:49 PM

Wonder if He will support the Pipeline being built for his Secretary’s sake?

they lie on January 24, 2012 at 7:49 PM

thanks Tina

The sad part is that I am not suprised.

CoffeeLover on January 24, 2012 at 7:51 PM

Clever kids don’t stop playing board games. The boards and the games just get bigger.

RBMN on January 24, 2012 at 7:52 PM

Crony Capitalism, but no one but we political junkies will take note. The rest of the country are busy with American Idol and the Kargashians.

carbon_footprint on January 24, 2012 at 7:52 PM

Can you say “crony capitalism” and “unintended consequences”?

And the only candidate who made this an issue is not in the race while the dwarves who dismissed her eagerly coopt her talking points.

promachus on January 24, 2012 at 7:53 PM

This thread is at least 3 days too late, but better now than never.

Also, Brazil turned down giving back Soros backed/Obama approved oil exploration cheap gasoline…instead selling it cheaply to…China.

Congratulations America.

Your rightie buffoons are just there, living the good life in Wash. D.C., paif for by you and your sweat.

Throw them all out.

Schadenfreude on January 24, 2012 at 7:53 PM

This is actually good news. Doncha know this will make a good ad. for Newt to use against Obama. Talk about dissing off the voters, when this is shown.

they lie on January 24, 2012 at 7:54 PM

What a lucky break…

d1carter on January 24, 2012 at 7:54 PM

Boehner will have a few Keystone supporters/workers sitting in during the BIG campaign speech, tonight.

How come no mention of this? How come no vote on Keystone, alone, to send over to Reid/Obama, with a huge threat and focus?

Fools on both sides, and they have the gall to go angainst the voters in the primaries. Pitchfork them.

Schadenfreude on January 24, 2012 at 7:56 PM

Ironically, just posted this on the ABC-Romney thread, but it’s more apropos here:

Crony capitalism at work, once again. No wonder Buffett’s in the tank for him. One smart guy, Buffett, and this was their strategic plan from the start re: transporting the Canada oil over their rail lines. Follow the money.

TXUS on January 24, 2012 at 7:56 PM

what a putz….

thedevilinside on January 24, 2012 at 7:56 PM

And did you also know that bcs the trains are rather limited, that grain producers will have even MORE trouble getting grains to the elevators to ship their products?
This bu!!$hit that the A$$hole in Chief has pulled will have far reaching consequences.
Our roads here in North Dakota are getting the living hell beat out of the bcs we are trucking so much oil by semi-truck bcs we don’t have enough pipeline.
Obama-you are an A$$!

Badger40 on January 24, 2012 at 7:57 PM

I would like to flush Obama down a pipeline.

hillsoftx on January 24, 2012 at 7:57 PM

O/T
====

KellyO tweeted:
******************

Early bird Members of Congress,both parties, already taking seats on aisle to greet Pres. Obama

9 mins ago from twitter.com/KellyO
http://www.breakingnews.com/

canopfor on January 24, 2012 at 7:58 PM

Al Gore said today that the Keystone decision was a great one.

Pitchfork him too…wait…it’d bee too ugly.

Schadenfreude on January 24, 2012 at 7:59 PM

This is just the tip of the iceberg. Buffet has his tentacles in a lot of businesses that can benefit from crony capitalism so keep your eyes open.

Wigglesworth on January 24, 2012 at 7:59 PM

canopfor on January 24, 2012 at 7:58 PM

May they give each other the cooties.

Schadenfreude on January 24, 2012 at 8:00 PM

Nice write-up.
Crony Corporatism on steroids.

CTSherman on January 24, 2012 at 8:03 PM

(crouching down) I LOVE the smell of Fascism in the morning!

8 weight on January 24, 2012 at 8:03 PM

Do you know how often a lot of independent grain elevators get the shaft from BNSF?
One example that happened over & over last spring & summer:
The grain elevators book their trains ahead of time so they have enough trains to haul the grain out that they are buying from the farmers.
McLaughlin elevator in McLaughlin SD book their trains just like normal.
BNSF was 2 WEEKS LATE with their promised booked trains.
And of course, McLaughlin elevator gets on compensation for this.
I have long suspected disgusting cronyism & corruption from BNSF.
This makes it look even more obvious.

Badger40 on January 24, 2012 at 8:04 PM

In the book, Throw Them All Out, there is a lot of info on Buffet regarding crony capitalism. Buffet has made a ton of money by knowing what the government is about to do.

He needs to have that ukelele shoved up his arse.

NoNails on January 24, 2012 at 8:04 PM

on=NO

:P

Badger40 on January 24, 2012 at 8:05 PM

They stopped caring how crony capitalism looks a long time ago it seems.

Very well…

CorporatePiggy on January 24, 2012 at 8:07 PM

In the book, Throw Them All Out, there is a lot of info on Buffet regarding crony capitalism. Buffet has made a ton of money by knowing what the government is about to do.

He needs to have that ukelele shoved up his arse.

NoNails on January 24, 2012 at 8:04 PM

Chapter Six is called Warren Buffett: Baptist and Bootlegger

NoNails on January 24, 2012 at 8:07 PM

I think Warren Buffett should blow out his flip flop and step on a pop top.

platypus on January 24, 2012 at 8:08 PM

Buffett will make far more than his secretary on this one.

Poor secretary!

jukin3 on January 24, 2012 at 8:08 PM

It’s blatant in your face crony capitalism!

tinkerthinker on January 24, 2012 at 8:12 PM

Keystone Oil Pipeline.

Largest Shovel Ready Project in America!!

canopfor on January 24, 2012 at 8:13 PM

Boehner will have a few Keystone supporters/workers sitting in during the BIG campaign speech, tonight.

How come no mention of this? How come no vote on Keystone, alone, to send over to Reid/Obama, with a huge threat and focus?

Fools on both sides, and they have the gall to go angainst the voters in the primaries. Pitchfork them. – Schadenfreude on January 24, 2012 at 7:56 PM

I just don’t think that I can stomach watching Obama this evening. Perhaps us folks in South Carolina should consider convening a convention to determine if we will leave the Union, again.

SC.Charlie on January 24, 2012 at 8:16 PM

Celebrity protesters and other critics objected to the underground Keystone XL oil pipeline because
=================================

Heres a great line,from CEO Jack Gerard,of American Petreleum Institute!

“This is a clear abdication of leadership on the part of the President.

How can you say that you are for jobs and reject the

Largest Shovel Ready Job in America.
*************************************

Mr. President, what are you thinking?

Via:

Obama Caves To Daryl Hannah
Jan 18 2012
************

http://nation.foxnews.com/president-obama/2012/01/18/obama-bows-sheiks-kills-american-jobs

canopfor on January 19, 2012 at 3:36 AM

canopfor on January 24, 2012 at 8:21 PM

Speaking of the environment, Newt’s good on it. And when I say good, I mean bad: http://www.newtexposed.com/

anotherJoe on January 24, 2012 at 8:21 PM

Can you say … “unintended consequences”?

Nothing unintended about it.

Syzygy on January 24, 2012 at 8:23 PM

canopfor on January 24, 2012 at 7:58 PM

May they give each other the cooties.

Schadenfreude on January 24, 2012 at 8:00 PM

Schadenfreude:Lol…..EEEEeeeeeeeWWWWWWWwwwwwww!:)

canopfor on January 24, 2012 at 8:24 PM

I’m gonna look around for a SOTU drinking game. This looks fun.

maineconservative on January 24, 2012 at 8:24 PM

I just don’t think that I can stomach watching Obama this evening. Perhaps us folks in South Carolina should consider convening a convention to determine if we will leave the Union, again.

SC.Charlie on January 24, 2012 at 8:16 PM

Hewitt just had John Podhoretz on and good old establishment John was asked by Hugh to explain SC primary.

His answer (roughly quoted) – they’re all mental cases.

Seriously, a major guy who needs audiences to justify his paycheck just urinated all over an entire state. It is not just the left that’s crazy stupid.

platypus on January 24, 2012 at 8:25 PM

Just to be fair here, I don’t think what the environmentalist were arguing against was train vs pipe, so I could see a scenario where they make this argument but fearing spillage in this particular area.

Can.I.be.in.the.middle on January 24, 2012 at 8:26 PM

In the book, Throw Them All Out, there is a lot of info on Buffet regarding crony capitalism. Buffet has made a ton of money by knowing what the government is about to do.

He needs to have that ukelele shoved up his arse.

NoNails on January 24, 2012 at 8:04 PM

While I’m certainly pissed at Buffett for supporting Obama, including his recent multi-million dollar fundraiser in NYC recently (coincidence perhaps), every major player worth his salt has no choice but to try to know what the government is going to do ahead of time, to get the government to do what you need them to do for your businesses, or in most cases at least protect yourself from what the government is about to do to you.

The problem is not the Buffetts of the world, but an overly powerful and intrusive government that can select, at will, winners and losers. If you own or control major businesses, you would be derelict in your fiduciary duty to your shareholders for failing to play that game.

Attacking the symptom, while satisfying to some extent, is not going to solve this real problem, an out of control government.

TXUS on January 24, 2012 at 8:26 PM

Here’s a confirming quote from a Sierra Club spokesperson, via John Hayward of Human Events:

“There is no question that [transporting] oil by rail or truck is much more dangerous than a pipeline.”

The environmentalists’ next trick will be to get Federal court injunctions preventing oil being transported across the Canada/U.S. border by train or truck. In the name of “preventing potential catastrophic ecological damage due to accident.”

Their goal is the removal of energy from our society. Period. Dot. Quebec Echo Foxtrot Delta. They will do whatever it takes to achieve this goal.

By “starving the Beast”, they seek to return us to Eden. Or at least a paleolithic feudal state, with themselves as the nobility and everyone else (who survives the collapse of Evil Western Civilization*) as the serfs.

*TM Sierra Club

Nothing else will satisfy them. And I suspect Comrade Buffett doesn’t even realize that they are already sharpening their knives for his scalp.

The President knows it. And it is totally in concert with his dreams of punishing America for all the Evil Nasty Rotten Things** the West has ever done to the enlightened, mystical rest of the world.

That’s why he’s smiling.

**TM The Self-Exalted One.

Keep this in mind when the lights start going out. And they will.

clear ether

eon

eon on January 24, 2012 at 8:27 PM

Buffet bought Burlington back in November 2009, long before Obama announced he was killing the Keystone Pipeline.

Someone with Buffet’s expertise in business doesn’t just wake up one day and think “I think I’ll go buy a gigantic Lionel train set.”

Somebody somewhere knew something. You can take that to the bank.

Horace on January 24, 2012 at 8:27 PM

Feh… chump change (I’ll wager Soros clearing more, somehow, on the sly) .

The ChiComs are the ones with the biggest smiles in the room.

A steady supply of decent oil from a politically stable country that doesn’t want to spread a viral cult, or can say ‘boo’ to them.

What’s not to love… and most of it could have been ours.

CPT. Charles on January 24, 2012 at 8:29 PM

It’s the pattern, stupid.

TN Mom on January 24, 2012 at 8:31 PM

Buffet bought Burlington back in November 2009, long before Obama announced he was killing the Keystone Pipeline.

Someone with Buffet’s expertise in business doesn’t just wake up one day and think “I think I’ll go buy a gigantic Lionel train set.”

Somebody somewhere knew something. You can take that to the bank.

Horace on January 24, 2012 at 8:27 PM

And, if you recall, he was universally criticized at the time for buying such an archaic business as a railroad. Even I wondered what the hell he was up to at the time. Now, as they say, we all know. Hats off to the Oracle, but what he’s doing supporting Obama for re-election, he has got to know how utterly horrible it will be for the nation. I guess he figures, at his age, it won’t matter.

TXUS on January 24, 2012 at 8:37 PM

It’s the pattern, stupid.

TN Mom on January 24, 2012 at 8:31 PM

I’ll try the other dimension.

Badger40 on January 24, 2012 at 8:37 PM

The MSM are starting to comb through all of Buffet’s business practises and connections, as if they were Romney’s tax returns…NOT! The three year investigation of the Soros business ties to the Obama administration will be presented…opps…never.

KOOLAID2 on January 24, 2012 at 8:39 PM

Can’t watch him anymore. Its like watching a con man con people…and you know its a con…can’t watch.

Mimzey on January 24, 2012 at 8:47 PM

Early bird Members of Congress,both parties, already taking seats on aisle to greet Pres. Obama

canopfor on January 24, 2012 at 7:58 PM

Note who the early bird anxious Republicans are and primary them out.

AZfederalist on January 24, 2012 at 8:53 PM

“unintended consequences”

My ass. We’re not really naive enough to think this wasn’t part of the plan, and part of Obama’s decision process on Keystone XL, are we?

Midas on January 24, 2012 at 9:02 PM

Hats off to the Oracle…

TXUS on January 24, 2012 at 8:37 PM

Again, ‘my ass’ – if you had that kind of money, you could make purchases with politicians in your pocket and make damn sure the government made decisions to steer copious amounts of taxpayer funds to you, too.

Midas on January 24, 2012 at 9:04 PM

Blocking the Keystone Pipeline made no sense from an economic or political standpoint for the country or Obama or the Dems.

Unintended, my a**. How much of Obama does Buffett own?

talkingpoints on January 24, 2012 at 9:07 PM

Parallel thinking.

talkingpoints on January 24, 2012 at 9:10 PM

Here’s an even deeper look from ZeroHedge

Brian Mallard on January 24, 2012 at 9:10 PM

So, is this where the Taggart Railroad shifts trains to another line so they can’t ship Ellis Wyatt’s oil out of Colorado?

(side note: In Rand’s novel, Wyatt’s big discovery of a new oil resource was produced from a shale. That didn’t actually happen until about 1998, 40 years after Atlas Shrugged was published. Prophetic?)

iurockhead on January 24, 2012 at 9:18 PM

For some reason, nobody from BNSF or Berkshire Hathaway would return the AP’s telephone calls, but oilman Harold Hamm told them he was sure this was just a wonderful “lucky break” for Barack Obama’s favorite billionaire, who is “certainly favored by this decision.”

What an idiotic storyline. Buffet owns so many businesses, across so many sectors of the economy, one or more of his corporations would have benefited regardless of the final decision made. For example, his major holdings in steel, metal, and construction could have locked in major contracts to build part of the pipeline.

Sheer partisan hackery.. pathetic to see so many readers jump on board without even thinking.

bayam on January 24, 2012 at 9:24 PM

Quack Buffett and his victim-Secretary should join in the whiny fun and release their tax returns.

America deserves to know!

Jaibones on January 24, 2012 at 9:43 PM

And he rubs it in with the video of his ukele singing about working on the railroad. The RNC had better use this clip in an ad.

AH_C on January 24, 2012 at 9:55 PM

iurockhead on January 24, 2012 at 9:18 PM

You are wrong. Oil shale was refined at Fruita, CO for DECADES before EPA shut it down. I tried to buy part of that old refinery.

Kermit on January 24, 2012 at 9:56 PM

Who cares? Buffett made a lot of money via investments. According to Romney supporters, that means that his free market credentials are beyond reproach. And, I guess, that he should be POTUS.

besser tot als rot on January 24, 2012 at 10:02 PM

Who cares? Buffett made a lot of money via investments. According to Romney supporters, that means that his free market credentials are beyond reproach. And, I guess, that he should be POTUS.

Actually Buffet has played the role of white night in many cases, preventing vulture investors from moving in to a buy company and ruin its balance sheet for short-term gain. If you really understood capitalism, you’d understand that difference.

Buffet’s construction and metals companies would have been positioned to win major contracts had the pipeline been approved. This story is based on the most hair brained argument imaginable.

bayam on January 24, 2012 at 10:08 PM

George Soros, a major stockholder in Brazil’s Petrobras, also benefits.

bw222 on January 24, 2012 at 10:08 PM

Unintended, my a**. How much of Obama does Buffett own?

talkingpoints on January 24, 2012 at 9:07 PM

The 50% George Soros doesn’t own.

bw222 on January 24, 2012 at 10:11 PM

talk about out of touch with the people…… its warren buffett, supposedly worried about his secretary!!!!! give her a raise you cheap old buffoooooooooon

murrayjones on January 24, 2012 at 10:19 PM

This whole storyline is a crock. Ain’t happening PERIOD. try and know something about types of crude, types of refineries and logistics involved before doing circle jerk reporting.

Kermit on January 24, 2012 at 10:20 PM

Stupid and corrupt — O’Bozo hits his two favorite targets again.

Jaibones on January 24, 2012 at 10:26 PM

Buffett will make far more than his secretary on this one.

jukin3 on January 24, 2012 at 8:08 PM

As my friend on FB noted, don’t worry. His secretary will be paying a bundle in taxes on this deal!

Jaibones on January 24, 2012 at 10:29 PM

Jay Gould Boofay will only “pay himself a dollar” so it’s not like the robber baron of Omaha is going to make anything on this …..

/s

viking01 on January 24, 2012 at 10:56 PM

bayam on January 24, 2012 at 10:08 PM

.
You do a lot of lecturing and a lot of name-calling but you never provide even one example or link to substantiate your opinions. That’s what assertions without facts are called – “opinions.”
.
Without doubt you have the most offensive attitude of any conservative I have ever read comments from. You have got to be so parochial and insular that you cannot see what Ø and the Democrats are doing to this country, if not from an attitude perspective then from a regulatory viewpoint.
.
I hope you are as big a disappointment to yourself one day as you are to me tonight. Complete jerk and “holier-than-thou” fool that you are.

ExpressoBold on January 24, 2012 at 11:29 PM

Actually Buffet has played the role of white night in many cases, preventing vulture investors from moving in to a buy company and ruin its balance sheet for short-term gain. If you really understood capitalism, you’d understand that difference.

Buffet’s construction and metals companies would have been positioned to win major contracts had the pipeline been approved. This story is based on the most hair brained argument imaginable.

I came buckets at Ogabe’s propaganda tonight.

bayam on January 24, 2012 at 10:08 PM

I can’t wait till we are persuaded, N. Korea style to weep on command at Obama’s deficiencies.

tom daschle concerned on January 24, 2012 at 11:58 PM

bayam on January 24, 2012 at 10:08 PM

.
You do a lot of lecturing and a lot of name-calling but you never provide even one example or link to substantiate your opinions. That’s what assertions without facts are called – “opinions.”
.

You can Google ‘Berkshire Hathaway’ and find a list of construction and metals companies owned by Buffet. It’s no secret that Buffet has long invested in this category.

It’s not an opinion.

bayam on January 25, 2012 at 12:04 AM

You can Google ‘Berkshire Hathaway’ and find a list of construction and metals companies owned by Buffet. It’s no secret that Buffet has long invested in this category.

It’s not an opinion.

bayam on January 25, 2012 at 12:04 AM

You can Google ‘Obama Fascist’ and find a list of companies that are now owned or intimidated into supporting Obama. It is no secret that Obama is a Fascist.

tom daschle concerned on January 25, 2012 at 12:13 AM

I felt sorry for Buffett’s secretary. Propped up like a James Brady/Gabby Giffords poster child for a rat cause.

borntoraisehogs on January 25, 2012 at 12:24 AM

It is no secret that Obama is a Fascist.

http://1.bp.blogspot.com/_dNDcHtiKdf4/SsKcTKmwkxI/AAAAAAAAFtQ/DeKACRZxnoU/s400/ObamaMussolini.jpg

borntoraisehogs on January 25, 2012 at 12:26 AM

I didn’t watch it. What’s the point? You know the bastich only lies when his lips are moving.

Wolfmoon on January 25, 2012 at 1:07 AM

At least somebody benefited from Obama’s “no” on Keystone XL

Kinda like Soros benefitting from his Brazil oil fields investment when the obamanation shut down the Gulf of Mexico…hmmmmmmmmmmmmmmm

Gohawgs on January 25, 2012 at 1:12 AM

Does anyone know if Buffett’s company has paid the $1Billion it owes to the IRS yet?…

Gohawgs on January 25, 2012 at 1:13 AM

Correction:

All of this confirms what we already knew about President Obama’s Keystone XL decision: It betrays the two devastating hallmarks of his energy policy, in general. Can you say “crony capitalism” and “unintended consequences”?

I despise pompous phonies like buffet, who demands everyone fall on the tax sword with him. Buffet buys and sells companies like poker chips.

Some people build companies because they are producers, not resellers. Buffet is the storekeeper skimming the cream off the top. living off the fat created by the cow who has to mate, give birth, and chew cud to produce the cream. the cow does not look at the cost of the cream the same as the Buffets who come in for the skimming

Buffet is the perfect Obama counterpart, bragging about his humility

entagor on January 25, 2012 at 2:20 AM

I was amazed at how many pipe lines already exist, the U.S. has pipeline out the wahzoo.

Cindy Munford on January 25, 2012 at 2:50 AM

how is this allowed?

Drunk Report on January 24, 2012 at 7:49 PM

Because we continue to allow it.

squint on January 25, 2012 at 4:17 AM

rot in hell judas.

I’m sure the first judas will save you a spot in the inner circle.

acyl72 on January 25, 2012 at 7:23 AM

Criminal Capital Cronyism and taking care of his big donors…Obama continues to demonstrate who HE believes should get a ‘fair’ shake in America while promoting Class Warfare.

easyt65 on January 25, 2012 at 7:53 AM

Tina:

I’m sure Warren Buffett will donate the proceeds to government.

How do you differentiate only the left half of the gubmint?

Sir Napsalot on January 25, 2012 at 8:19 AM

For a bunch of smart guys you folk are sure slow enough.

Between pushing Volt batteries, attack on the lightbulbs, freezing American oil production, castration of the military, and the overall destruction of American economy, when are you going to realize that Obama faithfully works for ChiCom employers who paid for his ’08 campaign?

Archivarix on January 25, 2012 at 8:32 AM

At least somebody benefited from Obama’s “no” on Keystone XL

Small world, aint it?
I’m sure it’s just a coinkydink. /sarc

And just how did Buffett amass much of his fortune? The “death tax” on family farms.

Buttressing Buffett: For 10 Years, the Liberal Media Championed Billionaire’s Tax Increase Agenda
By: Geoffrey Dickens
Tuesday, September 20, 2011

(snip)

http://www.mrc.org/biasalert/2011/20110920023758.aspx

What a disgusting “crony capitalist”.

~(Ä)~

Karl Magnus on January 25, 2012 at 8:55 AM

Do you think the GOP will pick up on this and hammer Obama with it?

Nah….wishful thinking.

timberline on January 25, 2012 at 12:41 PM

rot in hell judas.

I’m sure the first judas will save you a spot in the inner circle.

acyl72 on January 25, 2012 at 7:23 AM

Yeah, they’re keeping a seat warm for him. te he he

timberline on January 25, 2012 at 12:44 PM

No offense here, Tina, but where’s the evidence Buffett had anything to do with the decision? Where’s the evidence that Buffett has been lobbying against the pipeline?

Further, Buffett isn’t the only shareholder in Berkshire. This piling on is reminiscent of the way dems go about demonizing the opposition.

Buffett and Berkshire catch a lucky break. So what? This is beneath you, or should be.

Pablo Snooze on January 25, 2012 at 1:02 PM

As expected, Bayam refuses to back up a single assertion she makes.

Though it’s true that Buffett owns companies involved in materials and construction, there is no evidence any of them has anything to do with this type of project. The closest he appears to come is ISCAR metalworking, but they’re a tooling company that recently did a huge expansion to….you guessed it….China.

Further, even if a Buffett company did this kind of work, there is no evidence or guarantee they would have been chosen for either the work or materials. That decision would have been made in an open market situation, or as close as is allowed to exist by the govt.

Finally, the BNSF acquisition took place in Feb 2010, well into the planning for the pipeline, and the potential for govt interference was also well known at that time. So buying that particular railroad, which was already doing that type of business in the area, Buffett knew it would only get more business from Canada if he could pay obama to shut down the pipeline project.

The sad part is that none of this occurred to you before you opened your fat yap.

runawayyyy on January 25, 2012 at 5:10 PM

No offense here, Tina, but where’s the evidence Buffett had anything to do with the decision? Where’s the evidence that Buffett has been lobbying against the pipeline?

Further, Buffett isn’t the only shareholder in Berkshire. This piling on is reminiscent of the way dems go about demonizing the opposition.

Buffett and Berkshire catch a lucky break. So what? This is beneath you, or should be.

Pablo Snooze on January 25, 2012 at 1:02 PM

ONE GUY made the decision to kill this project. What “lobbying” is required beyond a phone call to the oval office, which we all know Buffett does regularly? You leftists are the biggest idiots on the planet.

runawayyyy on January 25, 2012 at 5:11 PM

And I’ll bet Buffet doesn’t pay any taxes on this extra income either – since his lawyers are still fighting the IRS over his last 10 years of unpaid taxes.

dentarthurdent on January 25, 2012 at 5:22 PM

Pablo Snooze on January 25, 2012 at 1:02 PM

And you don’t think someone who has gotten as rich as Buffet has on hedge funds and other investments knew exactly what the alternative would be if the pipeline was cancelled?
And you don’t think Obummer’s favorite billionaire, who has been talking to Obummer regularly the whole time he’s been in office would totally avoid any suggestion of which way to go on this?
Just like Pelosi and Reid I’m sure never made any suggestions for Obummer and Chu to give a huge loan to Pelosi’s brother-in-law for a “green energy” plant in Reid’s state.
And I’m sure NONE of the Obummer campaign donors who got multi-million $$ government loans for “green” corporate failures EVER used their connections to get those loans.
Naw, of course not, couldn’t happen…… /s

dentarthurdent on January 25, 2012 at 5:30 PM

Without the pipeline, oil producers will rely on an older method to ship the crude — low-speed rail transportation. That’s right — I’m talking about good old-fashioned trains. Not only is it more expensive to ship crude by rail, but it’s also — get this — more dangerous.

Ellis Wyatt would probably agree to some extent.

Egfrow on January 25, 2012 at 5:59 PM