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How do Warren Buffett and Sen. Ben Nelson benefit from White House killing Keystone pipeline?
GlennBeck.com ^ | April 17, 2012 | Glennbeck.com

Posted on 04/18/2012 9:13:53 AM PDT by opentalk

Glenn spent a good portion of his show Tuesday night on GBTV to address Warren Buffett’s connections to TransCanada’s Keystone XL oil pipeline. Does the Oracle from Omaha have an interest in seeing the project killed? Glenn’s research team compiled quite a bit of evidence that could certainly lead one to reach that conclusion.

...the State Department advised the President to reject the proposal to extend the Keystone XL pipeline because it was not in the “national interest” of the country at this time. But why would Obama choose to not support this project when he has backed so many green energy projects, even ones that have failed like Solyndra.

... According to research done by GBTV and The Blaze, “Warren Buffett’s Burlington Northern Santa Fe LLC railroad — a unit of Buffett’s Omaha, Nebraska based Berkshire Hathaway — would be among those poised to reap sizable gains by the administration’s decision to reject TransCanada’s oil pipeline permit. Berkshire Hathaway purchased a 22% (or, $34 billion share) of the 32,000 mile line in 2009, shortly after Obama was elected.”

.. GBTV uncovered a startling connection between Berkshire Hathaway’s home-state and that state’s Senator Ben Nelson, who voted against the Keystone XL and lobbied that it be re-routed to avoid Nebraska. Ironically, the Senator’s attempts to thwart the pipeline were done while he himself maintained his state would heartily welcome the jobs created from the Keystone project. While Nelson’s position then seems counterintuitive, add to it the fact that he is heavily invested in Buffett’s Berkshire Hathaway.

GBTV revealed that from 2007 to 2012 Nelson contributed $27,000 to the company itself and according to a recent financial disclosure statement from 2008, he owned between $1.5 and $6 million of the company’s stock – his largest investment in any one company to date

(Excerpt) Read more at glennbeck.com ...


TOPICS: Business/Economy; Government; US: Nebraska
KEYWORDS: burlingtonnorthern; corruption; keystonepipeline; oil; senatornelson

1 posted on 04/18/2012 9:13:59 AM PDT by opentalk
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To: opentalk; BOBTHENAILER; SierraWasp; tubebender; Ernest_at_the_Beach; fish hawk

Corn is used to make mythanol.

Cheap and abundant oil can kill the pseudo demand for mythanol overnight.

The $inators/Congre$$its from the Corn belt are $crewing Americans by pushing Mythanol and killing the pipeline.


2 posted on 04/18/2012 9:21:23 AM PDT by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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To: opentalk

“Warren Buffett’s Burlington Northern Santa Fe LLC railroad — a unit of Buffett’s Omaha, Nebraska based Berkshire Hathaway — would be among those poised to reap sizable gains by the administration’s decision to reject TransCanada’s oil pipeline permit.

Obama trades off jobs for fund money?hell of a way to get votes. /s


3 posted on 04/18/2012 9:25:56 AM PDT by Vaduz
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To: Grampa Dave

” The $inators/Congre$$its from the Corn belt are $crewing Americans by pushing Mythanol and killing the pipeline.”

Yep!


4 posted on 04/18/2012 9:33:00 AM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: stephenjohnbanker

It is so simple and yet amazing how this $crewing of America/Americans is justified by so many including faux conservatives on this board because it is so “Green”!


5 posted on 04/18/2012 9:44:03 AM PDT by Grampa Dave (ILLEGAL IMMIGRATION IS DESTROYING AMERICA-LOOK AT WHAT IT DID TO THE WHITE HOUSE!)
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To: Grampa Dave

90% of anything relating to “green” is a scam.


6 posted on 04/18/2012 9:48:22 AM PDT by stephenjohnbanker (God, family, country, mom, apple pie, the girl next door and a Ford F250 to pull my boat.)
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To: Grampa Dave; BOBTHENAILER

That is absolutely the correct view of the shituation!!!


7 posted on 04/18/2012 9:57:43 AM PDT by SierraWasp (Negativity must die because it's self-fulfilling!!!)
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To: Vaduz
Obama trades off jobs for fund money?hell of a way to get votes. /s

When you can count on compliant MSM to cover for you, that's actually a pretty good bet. No sarc required.....

8 posted on 04/18/2012 10:20:27 AM PDT by Cyber Liberty (The only flaw is that America doesn't recognize Cyber's omniscience. -- sergeantdave)
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To: opentalk

Choo choooooo!!!!

Chooo choooooo!

Had me laughing yesterday, the buffett stuff didn’t, it pissed me off.


9 posted on 04/18/2012 10:31:07 AM PDT by GraceG
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To: Vaduz

Obama doesn’t see it as trading off jobs. Obama sees it as more rail related jobs as opposed to jobs building a new pipeline. New rail lines, or busier rail lines, require a lot of new rail, which is greatly subsidized with federal tax dollars.

Even the United Steelworkers union had a statement on their web site, supporting the Obama ban on Keystone. This is an election year and the unions are a top priority.

Obama’s goal is to drive the country into bankruptcy, not pull it out.


10 posted on 04/18/2012 10:38:18 AM PDT by Eva
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To: opentalk

HOORAY Glenn Beck! Glenn Beck is OUTSTANDING! Thanks to all of the individuals affiliated with Glenn Beck.


11 posted on 04/18/2012 1:01:38 PM PDT by PGalt
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To: opentalk
We've explored the BNSF connection here some time back, but the Ben Nelson deal is new to me. Looks like old Ben is angling for another "Cornhusker Kickback." What a guy.
12 posted on 04/18/2012 5:20:10 PM PDT by hinckley buzzard
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