Skip to comments.Liberals blast Susan Rice's 'outrageous' investments in Canadian pipeline firm
Posted on 11/30/2012 8:39:58 AM PST by Sub-Driver
Liberals blast Susan Rice's 'outrageous' investments in Canadian pipeline firm By Julian Pecquet - 11/30/12 10:48 AM ET
A liberal group launched an online petition Friday demanding that potential secretary of State nominee Susan Rice divest herself of every dollar of stock in the Canadian company seeking approval for the controversial Keystone XL oil pipeline to the Gulf Coast.
The U.S. ambassador to the United Nations owns between $300,000 and $600,000 in TransCanada Corp. stock, according to her financial disclosure forms. The pipeline needs approval from the State Department before it can go forward.
The revelation has opened Rice up to criticism from environmentalists at a time when several Senate Republicans have vowed to oppose her because of her early statements about the Sept. 11 attack on the U.S. Consulate in Benghazi.
Green groups are pressing the White House to require that any nominee for the position divest themselves of any stock in TransCanada or other oil sands companies.
It's indefensible that Rice has millions of dollars invested in oil companies and banks that will make huge profits if the State Department gives approval to the XL pipeline, reads the petition from RootsAction.org, which claims almost 200,000 members.
As a high-ranking administration official and a potential replacement for Hillary Clinton early next year to run the State Department Susan Rice shouldn't have any stake in corporations that are doing all they can to plunder tar sands in Canada and send carbon emissions soaring even faster.
Rice is still seen as the favorite to get the nomination because of her close ties to President Obama since serving as his senior foreign policy adviser during the 2008 campaign.
She failed to change the minds of her Republican opponents during a two-day visit to Capitol Hill this week, however, setting up a bitter confirmation fight if Obama nominates her to replace Hillary Clinton.
ROTFLOL! Is this writtten by John Semmons?
damned one percenters...they’re everywhere!
I wonder what it would have been brought up if the company made renewable energy parts
Being a shill for the Benghazi coverup - No Problem
Investing in a company involved in the Oil Industry - Burn her at the stake!
Divest herself? These idiots misplaced trust is boundless. She is already disqualified based on the deceit. Not to mention all her other problems.
Ahhhh, the worm is on the other foot now!...............
They must be racists.
I’ve become convinced that Susan Rice was never intended to be the nominee for Secretary of State. Instead, she was sent out to take the flak while the administration quietly prepares to submit someone who would be even worse for the country. John Kerry? Maybe, but right now I’d expect someone even worse.
Apparently Susan Rice is worth at least $33 million. I wonder where she got that kind of dough?
Her investments in firms that do business with Iran are more troubling.
BTW, she’s one of the wealthiest members of the administration.
“Plunder”? Quick, call Underdog!
Her family was well-off. Her father was a Cornell professor and one of the governors of the Federal Reserve Board and held a number of other important positions, and her mother was an upper-tier academic.
Of course, she’s parlayed this into greater wealth. Not that there’s anything wrong with that, but it’s clear that Obama doesn’t believe that’s okay for anybody else outside of his aparatchik circle.
Goobye little suzie goo-bye goo-bye
Goo-bye little suzie goo-bye goo-bye
I love the sight of liberals eating their own.