Politics
Out of context: Reply #17292
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And to further elaborate on the Warren Buffet / Barry Obama connection.
http://www.bloomberg.com/news/20…Warren Buffett’s Burlington Northern Santa Fe LLC is among U.S. and Canadian railroads that stand to benefit from the Obama administration’s decision to reject TransCanada Corp. (TRP)’s Keystone XL oil pipeline permit.
With modest expansion, railroads can handle all new oil produced in western Canada through 2030, according to an analysis of the Keystone proposal by the U.S. State Department.
“Whatever people bring to us, we’re ready to haul,” Krista York-Wooley, a spokeswoman for Burlington Northern, a unit of Buffett’s Omaha, Nebraska-based Berkshire Hathaway Inc. (BRK/A), said in an interview. If Keystone XL “doesn’t happen, we’re here to haul.”
The State Department denied TransCanada a permit on Jan. 18, saying there was not enough time to study the proposal by Feb. 21, a deadline Congress imposed on President Barack Obama. Calgary-based TransCanada has said it intends to re-apply with a route that avoids an environmentally sensitive region of Nebraska, something the Obama administration encouraged.
- Okay. But, where you lose me is when you assert that policy decisions from the WH are geared toward making Warren Buffet happy.waterhouse
- Buffet happy.waterhouse
- I'm not saying that they're trying to make him happy per se, but I do think there is som dirty ass shit going down.********
- And at the expense of job creation. Pawning off the excuse as an "environmental" one. Appease the consituency********
- constituency********