Thanks again Warren

[The Reaper]

Another interesting twist for Obo's decision to sideline the Keystone pipeline.  You all are aware of one of Obo's bestest buddies and class warriors in the whole wide world - Warren "show me the government" Buffett - who shills unrelentlessly for the adminstration and has benefitted from some sweetheart deals as a result such as the BoA stock deal recently.  Well, it seems that while our glorious leader is looking out for us and the environment by stonewalling the Keystone pipeline, there is another finger in the pie.  Oil from the North has been moving South thru the US - on trains.  Even if the pipeline was approved tomorrow, railroads would still be active in transporting oil in the interim so any delay in construction is a boon for the railroads - or - one particular railroad involved in the oil transporting: Burlington Northern Santa Fe Railway.  Oh, by the way, BNSF was bought in 2009 by Berkshire Hathaway.   Now where have we heard that name before..............oh yeah, that's the company owned by Warren Buffett!  So now it seems that any delay in approving the pipeline = more oil hauled by BNSF = more money for Warren.  Who says you can't get rich(er) off the government!   

http://www.investorvillage.com/smbd.asp?mb=4288&mn=82871&pt=msg&mid=11193398

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[LarryTheCableGuy]

   AND, Warren Buffett's secratary, Debbie Bosanek was among the "honored guests" at Obama's Class Wafare Rally.

 http://finance.yahoo.com/news/buffett-secretary-attend-state-union-151635485.html

   Now why (you ask) would Warren Buffett bend over for Barry, and say he should pay more taxes, and "I'm paying less taxes than my secretary"?

   Well, Reaper has given you the answer. Buffett stands to make millions from Obama's cancellation of the Keystone Pipeline! (sorry for the bold text, but some of you still can't get it about Obama).

   So, the Ultimate Hypocrite Obama is castigating the "ubers and filthys" in his class warfare speeches, while he is in bed with one of the uber-ist and filthy-ist on the planet?


 
"Now, make sure you say: "I don't pay enough taxes, OK"?       "Yes, My Master".

[tree68]

Normally I'd be saying "Go, Railroads!" but in this case I'll defer.

A fair number of railfans aren't all that happy that Buffett bought BNSF - looks like their concerns had some validity...

[Bondo]

Ayuh,....   Crony Capitalism at it's Finest....   

[dummer51]

Warren plays Kiki Farnum to Obama's Eric Tomazewski.   

How so many Americans fell for Barry's rhetoric, when he's so obviously out of touch with the reality of the everyday working folks, still confounds me. He talks the talk, but can't do the walk. And people still believe his BS. 

[JohnnieT]

So, when a billionaire aligned with a Democrat makes money that's a crooked deal. But when a billionaire aligned with Republicans makes a sweet deal that's good old American finance and business? 
And transporting a commodity via an established means, that could be improved and expanded with additional investment, is a bad thing? A means that can also transport other commodities as well. But starting an entirely new mode of transport, which can only transport 1 thing, is a great thing?

So, if this pipeline is not built it will ruin us? And the oil will go to the Chinese? Tell me, will they build a pipeline to China? Or transport it via some other established means?

I swear, sometimes I wonder what you folks are smoking.

[johnqpublic]

No, JohnnieT, they'll build a pipeline in Canada toward their own west coast, then ship it to China the old-fashioned way. America loses every which-way. I'm all for the railroad and expanding and making money, but Obama was big on "shovel ready jobs." The shovels are ready on Keystone but Obama's blocking them from digging, apparently in favor of the railroads and seemingly as political payback. There's plenty of oil in that pipeline -- of the unctuous kind.

[Felix]

Ayuh,....   Crony Capitalism at it's Finest....   

Ok, so please make up my mind.  Is Barack a Socialist Marxist America Hating Foreign Born Muslim Dictator that's out to destroy our country and way of life, or just a good old fashioned red blooded all american capitalist that manipulates the system to his personal benefit like all the other big money fat cats?

[duff]

Ayuh,....   Crony Capitalism at it's Finest....   

Ok, so please make up my mind.  Is Barack a Socialist Marxist America Hating Foreign Born Muslim Dictator that's out to destroy our country and way of life, or just a good old fashioned red blooded all american capitalist that manipulates the system to his personal benefit like all the other big money fat cats?

To paraphrase Evil "YEP"

[The Reaper]

So, when a billionaire aligned with a Democrat makes money that's a crooked deal. But when a billionaire aligned with Republicans makes a sweet deal that's good old American finance and business? 
And transporting a commodity via an established means, that could be improved and expanded with additional investment, is a bad thing? A means that can also transport other commodities as well. But starting an entirely new mode of transport, which can only transport 1 thing, is a great thing?

So, if this pipeline is not built it will ruin us? And the oil will go to the Chinese? Tell me, will they build a pipeline to China? Or transport it via some other established means?

I swear, sometimes I wonder what you folks are smoking.

I don't recall anyone saying this is a "crooked deal".   Let's look at the facts:

1.  In 2009 - Obo comes into office.
2.  In 2009 - Berkshire Hathaway purchases BNSF.
3.  In 2009 - the approval process for the Keystone Pipeline begins.
4.  In the interim, Buffett has had repeated contact with the White House and has stated support in multiple forums for various policies and opinions endorsed by said White House.   Just last year, Buffett was the recipient of what can only be termed as a "generous" stock option deal by Bank of America - a bank which was bailed out by the Obo and the government still holds BoA stock options I believe.  I don't doubt that BNSF was a good investment given the fact that the Canadian oil sands were going to be opened up and oil (hopefully) shipped South via a pipeline while trains haul it in the interim.  It just strikes some people funny that a billionaire on such good terms with the administration seems to picks such good deals - he made an estimated 600 million the first day of the BoA stock opening - and that our glorious leader's environmental policies seem to work in Buffett's favor.  Kinda like GE - supported Obo thru out the campaign and after - BEHOLD!!  "Green energy" handouts from the government appear as well as medical information technology investments and Imheld gets a job on the president's Jobs Council as he ships jobs to China.  It's just amazing how some things work out.   

[catnap]

Ayuh,....   Crony Capitalism at it's Finest....   

Ok, so please make up my mind.  Is Barack a Socialist Marxist America Hating Foreign Born Muslim Dictator that's out to destroy our country and way of life, or just a good old fashioned red blooded all american capitalist that manipulates the system to his personal benefit like all the other big money fat cats?
[/quote

I don't think he's a Communist but believe he's prefers socialism to capitalism.  He's just in over his head and lacks the very essential leadership ability needed as President.  He's good reading a prepared script from a teleprompter but beyond that there's not much there.  He  spends most of his time campaigning, something he apparently enjoys.  He doesn't know the art of building coalitions and certainly doesn't have much understanding of economics or governing in general.  I believe he is being played and manipulated by  Soros and the some union bosses.  It appears they are pulling the strings.

His biggest backers are the hedge fund heads.   Many of them have gotten rewarded handsomely in the past three years.   

Past Presidents for at least the past thirty years had far more experience and skilled when first entering office than this President.

[JohnnieT]

So, when a billionaire aligned with a Democrat makes money that's a crooked deal. But when a billionaire aligned with Republicans makes a sweet deal that's good old American finance and business? 
And transporting a commodity via an established means, that could be improved and expanded with additional investment, is a bad thing? A means that can also transport other commodities as well. But starting an entirely new mode of transport, which can only transport 1 thing, is a great thing?

So, if this pipeline is not built it will ruin us? And the oil will go to the Chinese? Tell me, will they build a pipeline to China? Or transport it via some other established means?

I swear, sometimes I wonder what you folks are smoking.

I don't recall anyone saying this is a "crooked deal".   Let's look at the facts:

1.  In 2009 - Obo comes into office.
2.  In 2009 - Berkshire Hathaway purchases BNSF.
3.  In 2009 - the approval process for the Keystone Pipeline begins.
4.  In the interim, Buffett has had repeated contact with the White House and has stated support in multiple forums for various policies and opinions endorsed by said White House.   Just last year, Buffett was the recipient of what can only be termed as a "generous" stock option deal by Bank of America - a bank which was bailed out by the Obo and the government still holds BoA stock options I believe.  I don't doubt that BNSF was a good investment given the fact that the Canadian oil sands were going to be opened up and oil (hopefully) shipped South via a pipeline while trains haul it in the interim.  It just strikes some people funny that a billionaire on such good terms with the administration seems to picks such good deals - he made an estimated 600 million the first day of the BoA stock opening - and that our glorious leader's environmental policies seem to work in Buffett's favor.  Kinda like GE - supported Obo thru out the campaign and after - BEHOLD!!  "Green energy" handouts from the government appear as well as medical information technology investments and Imheld gets a job on the president's Jobs Council as he ships jobs to China.  It's just amazing how some things work out.   

Reaper, you did not say crooked deal. That is my assumption when discussing politicians, on both sides of the spectrum. They are, to the last breath, self serving ego maniacs who care not a whit for us. Their only concern is their legacy, their profit, payback to those who put them there,and damn us to hell.
For the record. I would like us to have access to that oil. And that is even though I have no expectation that it will help the average American's wallet much at all. It will only serve to profit a very few.
JohnQ,  I'm not actually opposed to a pipeline. I just think that rail is a better approach to transport for this country. Highways are clogged beyond belief in and near any major metro area. (we have NO idea what traffic is up here) In order to alleviate this at all money has to be spent somewhere. I just think rail is smarter than highway, so this topic tied in a bit.

[catnap]

Let the marketplace decide what is the most cost-effective, efficient and safe way to ship product.  In the case of Canadian Oil it's via pipeline.  For other products and situations it may be via  and in other cases it may be via highway or some combination of the two.   I've seen trains carrying truck trailers.  In fact, it's very common.

When government steps in and starts selecting winners and losers either directly or through uneven taxation it distorts the marketplace, resulting in inefficient use of resources.  In the case of Keystone the pipeline is the winner on all three criteria: cost-effectiveness, efficiency and safety.

[The Reaper]

Reaper, you did not say crooked deal. That is my assumption when discussing politicians, on both sides of the spectrum. They are, to the last breath, self serving ego maniacs who care not a whit for us. Their only concern is their legacy, their profit, payback to those who put them there,and damn us to hell.

I make the distinction at businesses who may lobby a politician for pro-business things and then donate to that politicians campaign.  In Buffett's case, he is actively supporting Obo's campaign and bemoaning the "inequity" between rich and poor for all to hear while he is making a ton of money behind the scenes off of Obo.  That is hypocracy.   

[catnap]

Well, it looks as though Warren is right in his claim that he doesn't pay enough taxes.  Apparently he doesn't.

http://www.bloomberg.com/news/2012-03-09/buffett-s-netjets-is-countersued-by-u-s-over-unpaid-taxes.html

[The Reaper]

Warren will be gone soon anyways.  He's milked the government for plenty and will retire soon.   

[Bondo]

Well, it looks as though Warren is right in his claim that he doesn't pay enough taxes.  Apparently he doesn't.

http://www.bloomberg.com/news/2012-03-09/buffett-s-netjets-is-countersued-by-u-s-over-unpaid-taxes.html

Warren will be gone soon anyways.  He's milked the government for plenty and will retire soon.   

Ayuh,....   If the ole sayin', "Only the Good Die Young" were to be somewhat True,....

I have little to No respect for Warren....

I believe he's nothin' but another Wolf in sheep's clothing....

[LarryTheCableGuy]

  

Is Barack a Socialist Marxist America Hating Foreign Born Muslim Dictator that's out to destroy our country and way of life,

   All of that.
  

or just a good old fashioned red blooded all american capitalist that manipulates the system to his personal benefit like all the other big money fat cats?

  Agreed, if you delete: red blooded American capitalist.

   Obama is a member of the Supreme Soviet. He curses the bourgeois, and pretends to champion the proletariat. But behind closed doors, he fills his pockets, gets the best amenities that money can buy, and retreats to a Dacha on the Black Sea (numerous luxury vacations for himself and Marie Antionette).

   About the only thing lacking is Obama standing on the balcony at the annual May Day Parade in Washington.