“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.”I had been trying to figure out why Obama nuked the pipeline proposed by Canada's TransCanada Corp that would have transported oil from oil sands in Canada to refineries in the Gulf of Mexico. The cover story was "environmental factors." Hmmm. I don't believe that I've ever in my life heard any politician or environmentalist anywhere give a rat's ass about the eco-system in Nebraska. It turns out that Warren Buffet's railroad will potentially get the business to haul that oil now.
But check this out: "Railroads too present environmental issues. Moving crude on trains produces more global warming gases than a pipeline, the State Department said." The real reason is because Buffet sleeps with Obama and the CEO of TransCanada does not. Here's the story LINK
Anyone besides me wondering why Obama has not taken on more of an activist role in going after the big banks who have been raking people over the coals with massive mortgage fraud and abuse/breach of foreclosure laws? It turns out that Obama's hand selected Attorney General, Eric Holder, and the head of the Justice Department's criminal division, Lanny Breuer, were partners at a big law that represented a "Who's Who" of the big banks like Wells Fargo, JP Morgan and Bank of America that are the main perpetrators of the massive mortgage fraud that has engulfed our country.
A lot of people don't even know who Eric Holder is. But he was an assistant AG in Clinton's Justice Dept and the guy who wrote the pardon letter for tax-evader Marc Rich and put in front of Clinton to sign as Clinton was walking out of the Oval Office for the final time. Eric Holder is about as corrupt and sleazy as they get. Here's the story from Reuters: LINK
Next time you read about wrist-slapping State settlements with mortgage banks, know that Obama and his Justice Department are behind this selling out of justice to the Too Big To Fail, Too Close To Obama To Prosecute big banks. Funny, because Warren Buffet is going to benefit from both the quoshing of the oil pipeline AND the failure of Eric Holder to do his job. Just curious, to everyone who voted for Obama and still support him: is this what you had in mind?
As you're watching Obama read his teleprompter tonight - delivering the words with Martin Luther King verve and vigor - also keep in mind that when he turns out the lights tonight he will be spooning with Warren Buffet and his Attorney General will be spooning with Jamie Dimon.