Skip to comments.Keystone blowback: TransCanada sues Obama for $15 billion
Posted on 07/01/2016 6:25:46 PM PDT by Sean_Anthony
Seven years of foot-dragging followed by a political denial cost the company a fortune.
The boss explained in detail back in November why Obamas refusal to permit the Keystone XL pipeline was a load of crap. Weve talked about it a lot here, and when we do, we usually focus on all the economic benefits to the United States that were lost because Obama chose to cater to his extreme leftist environmentalist base rather than govern like a serious person.
But we didnt focus quite as much on the blow this dealt to TransCanada, the company that proposed to build the pipeline and lost seven years with nothing to show for it when Obama foot-dragged its application as long as he could, only to finally reject it just because thats what his political agenda dictated he should do.
SUE BABY SUE!!! less money for the illegal immigrants, and the RADICAL ISLAMIC TERRORISTS!!!
“TransCanada is not suing in a U.S. court, but rather is bringing the matter to a panel empowered under the North American Free Trade Agreement to adjudicate such matters. Its impossible to see how the Obama Administration wins that case on the merits, but I suppose they could delay and appeal for years without ever paying a cent.”
This will be great fun to watch.
Too bad they cannot sue him personally.
Yep, and 0bama is indeed a 6' 1" tall load of crap.
The world needs more TransCanada.
NAFTA will bite Odumbo on the backside with this one. he will be unable to block it through legal challenges. This treaty has provisions that prevent the trade agreement. Odumbo believes because his political agenda is not in correlation with NAFTA, he can drag his feet. The problem is when he had Congress pass TPP, ne simply forgot that he gave board powers to other nations to utilize powers given in NAFTA to be utilized in TPP. Canada is one of those partners too. So in essence Odumbo gave powers to other trade partners of the Pacific Rim nations to sue in court fr breach of contracts when the one party performs needless delays that reflect careless neglectful hardship on free trade partners. Basically Keystone will win and the US will have to pay the 15 Billion. Duh Odumbo the wonder boy attorney whom probably was given his Harvard Law Degree based on his minority status - ignoramus with dark colored skin, former international student of Columbia University. Post graduate Education completely paid for by saudi Arabia. saudi Arabia in turn has donated a significant amount of cash to the Harvard University to use with International students from Muslim Countries, preferably Sunni countries
Well actually American taxpayers.
Bury him up to his head on a Hawaiian beach for a couple of years.
But Canada just chanted 4 more years when Obama was there speaking in their country.
Sounds fair to me. President Trump will push the project forward-minimum damage.
Boy, will there ever be forum shopping on this suit.
Motions will fly, but the real question will be, “Who appointed the judge?”
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