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Fire Walk With Me

(38,893 posts)
38. Susan Rice Owns $300,000 in TransCanada Stock (Keystone XL Developer)
Tue Jun 25, 2013, 04:11 PM
Jun 2013

"Susan Rice, the candidate believed to be favored by President Obama to become the next Secretary of State, holds significant investments in more than a dozen Canadian oil companies and banks that would stand to benefit from expansion of the North American tar sands industry and construction of the proposed $7 billion Keystone XL pipeline. If confirmed by the Senate, one of Rice’s first duties likely would be consideration, and potentially approval, of the controversial mega-project.

Rice's financial holdings could raise questions about her status as a neutral decision maker. The current U.S. ambassador to the United Nations, Rice owns stock valued between $300,000 and $600,000 in TransCanada, the company seeking a federal permit to transport tar sands crude 1,700 miles to refineries on the Texas Gulf Coast, crossing fragile Midwest ecosystems and the largest freshwater aquifer in North America.

Beyond that, according to financial disclosure reports, about a third of Rice’s personal net worth is tied up in oil producers, pipeline operators, and related energy industries north of the 49th parallel -- including companies with poor environmental and safety records on both U.S. and Canadian soil. Rice and her husband own at least $1.25 million worth of stock in four of Canada’s eight leading oil producers, as ranked by Forbes magazine. That includes Enbridge, which spilled more than a million gallons of toxic bitumen into Michigan’s Kalamazoo River in 2010 -- the largest inland oil spill in U.S. history."

http://www.onearth.org/article/susan-rice-obama-secretary-state-tar-sands-finances

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I thought the same thing. Democracyinkind Jun 2013 #1
He gave the dogs a bone! Puzzledtraveller Jun 2013 #2
Here is one way it could reduce gasses: The Straight Story Jun 2013 #3
Let's assume that's the case. Would that be bad? Buzz Clik Jun 2013 #5
Yes and no The Straight Story Jun 2013 #12
"Because we know it would be a lie..." You'll have to forgive me, but I stopped there. n/t Buzz Clik Jun 2013 #14
That's fine, you don't have to believe it for it to be true (nt) The Straight Story Jun 2013 #15
True? You just made it up. It most certainly is NOT true. Buzz Clik Jun 2013 #16
of course he will. liberal_at_heart Jun 2013 #4
that's what I heard. cali Jun 2013 #6
Norman Goldman predicted that would happen a few days ago. nt rdharma Jun 2013 #7
THE Norman Goldman? Buzz Clik Jun 2013 #11
Yup! THE Norman Goldman.... Where justice is served. rdharma Jun 2013 #20
Sweet! Buzz Clik Jun 2013 #22
I hope he's wrong......... rdharma Jun 2013 #23
Has he weighed in on Zimmerman? Buzz Clik Jun 2013 #25
Yup! He's "weighed in"....... but no predictions on verdict. rdharma Jun 2013 #29
Agreed. Buzz Clik Jun 2013 #32
Ignore his words. Let's focus on other outcomes that might really, really piss us off. Buzz Clik Jun 2013 #8
right, because you can take his words and promises to the bank..on a parallel planet you can..nt xiamiam Jun 2013 #50
Meybe so, maybe not. In the meantime, let the White House know what YOU think! LongTomH Jun 2013 #9
The WH doesn't give the teeniest tiniest goddamn what we think about this. MotherPetrie Jun 2013 #26
Did he Mention fredamae Jun 2013 #10
Did you listen to his speech? Buzz Clik Jun 2013 #13
No---very little of it fredamae Jun 2013 #17
Okay. Then let me answer your question: Buzz Clik Jun 2013 #18
You're so helpful! Hydra Jun 2013 #33
I suppose there are those who come to DU to find people to watch tv for them. Buzz Clik Jun 2013 #42
You missed an opportunity Hydra Jun 2013 #43
I don't speak for the President, so I could not care less how I affected his image in your eyes. Buzz Clik Jun 2013 #47
Oh, that clears it up then Hydra Jun 2013 #52
So, instead of filling a person in on what was actually said, Jamastiene Jun 2013 #46
I responded to snark with snark. Buzz Clik Jun 2013 #48
"Shit happens." NealK Jun 2013 #51
I share these concerns. avaistheone1 Jun 2013 #24
Nope. And that's the tell... Junkdrawer Jun 2013 #55
Sometimes it's what they don't say... fredamae Jun 2013 #56
Exacerbate ... GeorgeGist Jun 2013 #19
The lesser of two evils. GeorgeGist Jun 2013 #21
There's never been any doubt. Obama will do industry's bidding on this. MotherPetrie Jun 2013 #27
All the while saying it's the Green thing to do... Junkdrawer Jun 2013 #28
Yes, he is good at pretense. MotherPetrie Jun 2013 #31
Yep, he never met a Corporation whose water he wouldn't carry. HooptieWagon Jun 2013 #30
More: ProSense Jun 2013 #34
But both sides of any argument are usually able to present "proof" to back up their gateley Jun 2013 #54
Obama had three paths he could choose after winning reelection. BlueStreak Jun 2013 #35
You disagree with everything you said. Everything. Zen Democrat Jun 2013 #36
Please be more specific. BlueStreak Jun 2013 #37
We knew what to expect of the others and that is what we got. This one just cannot be trusted. RILib Jun 2013 #44
Susan Rice Owns $300,000 in TransCanada Stock (Keystone XL Developer) Fire Walk With Me Jun 2013 #38
Sadly, it does sound like that G_j Jun 2013 #39
So do I. Perhaps if the pressure were increased instead of relieved by today's announcement... Junkdrawer Jun 2013 #40
Of course he's going to approve it. Marr Jun 2013 #41
Congratulations! Jamastiene Jun 2013 #45
Which will prevail, individual profit or popular concern with health and safety? 1-Old-Man Jun 2013 #49
According to Mike Papantonio this afternoon, he won't veto it if Cleita Jun 2013 #53
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