Keystone XL

General General Discussion
1

Oldie but a goodie. Who benefitted from the rejection? Omaos pal Buffett. I thought he was for the middle class?

http://www.bloomberg.com/news/2012-01-23/buffett-s-burlington-northern-among-winners-in-obama-rejection-of-pipeline.html

Back in the news.

http://www.bloomberg.com/news/2013-04-29/keystone-pipeline-support-enlists-oil-firms-to-u-s-jews-energy.html

http://abcnews.go.com/m/blogEntry?id=18633232&ref=http%3A%2F%2Fsearch.yahoo.com%2Fmobile%2Fs%3Frewrite%3D72%26.tsrc%3Dapple%26first%3D1%26p%3Dwarren%2Bbuffet%2Bstock%2Bxl%2Bpipeline%26pintl%3Den%26pcarrier%3DSprint%26pmcc%3D310%26pmnc%3D038

So we already get oil from Canada and transport it it via trains. And the environmentalists oppose it due to environmental impact? What about the impact from the train exhaust?

2

Buffet is a domestic enemy of the highest order.

He made is entire fortune off of capital gains, and doesn’t think you have the same right to do so.

3

Yup. Thats why he gets a 100k salary. All his money is made in investments which have a lower tax rate, and applies to everyone.