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Forum Post: Warren Buffet to gain big on Obama's Keystone Pipeline Decision

Posted 10 years ago on Jan. 26, 2012, 12:11 a.m. EST by mediaauditr (-88)
This content is user submitted and not an official statement

Jan. 23 (Bloomberg) -- Warren Buffett's Burlington Northern Santa Fe LLC is among U.S. and Canadian railroads that stand to benefit from the Obama administration's decision to reject TransCanada Corp.'s Keystone XL oil pipeline permit.

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2012/01/25/bloomberg_articlesLY20WE6K50Z001-LYDM5.DTL#ixzz1kXQ3KPmn

Hmmm….not hard to connect the dots here.. A political favor by Obama to pay off Warren Buffet for playing along in a 6 month saga to demonize the rich. And Warren's secretary stood up in front of America last night, HA! What a joke. But the American people bought it hook line and sinker.

How about Warren's bailout of BofA 6 months ago? Obama's not in league with the rich huh? Zen Dog, where you at?

56 Comments

56 Comments


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[-] 3 points by Recycleman (102) 10 years ago

The pipeline is for the USA to export oil. The profits will go to the corporations and we will still pay $4 for gas. Don't be fooled into thinking that this is for the benefit of the 99%. they need us to pay $4 for gas. The taxes on gas are a % and increase as gas does.

The pipeline is too sell gas.

No DEM or REP is honest and it is about the money for the 1%

[-] 3 points by Puzzlin (2898) 10 years ago

Right on, this is the truth. The GOP just uses this whole issue as a political football. They bank on most folks not really understanding the issue.







"We’ll be fighting to prevent Keystone, but we’ll also be fighting to shut off the flow of handouts to the oil, gas, and coal industries, and to take away their right to use the atmosphere as an open sewer into which to dump their carbon for free. This industry, simply because it is rich, has been cosseted too long. Time to fight back."

[-] -3 points by lisaCobamarules (2) from New York, NY 10 years ago

yes yes! vote Obama in for next 4 years he is great chief commander! in only 3 years he has done great attack in Afghanistin and is now expericend for quick beatdown in Iran.

[-] 1 points by Odin (583) 10 years ago

The oil is 'imported' from the Alberta oil sands, and if and when the Keystone pipeline is completed, it will go to Texas where some of it may be exported, or shipped up and around to the East Coast. There is also the Colonial pipeline that runs from Texas to the east terminating at New York harbor, but has other branches that run to the southeast. Undoubtedly if the Keystone pipeline is finished, which I am sorry to say that I think it is inevitable, it will link up with the Colonial pipeline.

[-] 1 points by JoeTheFarmer (2654) 10 years ago

You should get your facts straight before posting.

Actually the pipeline is for the USA to import oil from Canada not to export it.

[-] 1 points by Recycleman (102) 10 years ago

Oh is that why is is going to the port. So we can pump oil to the port then refine it. Believe what you want butq this pipeline will be used to export Candida's and USAs oil.

[-] 1 points by JoeTheFarmer (2654) 10 years ago

It will import oil from Canada and deliver it to seven refineries in the US.

There it will be turned into gasoline, diesel and other petroleum products like plastics, lubricants, ink, floor wax.

The owners said if the US does not permit the pipe they will send the pipe west through British Columbia to the pacific and sell the oil to China, Korea, and Japan.

[-] 0 points by Dell (-168) 10 years ago

and how much are we paying now genius?

[-] 1 points by Recycleman (102) 10 years ago

Boy you sure added to the conversation. Hope that you feel better when the medication wears off.

[-] 1 points by JIFFYSQUID92 (-994) from Portland, OR 10 years ago

I hope so. And I hope he takes away any profits the Koch Bros might have snatched.

[-] 1 points by Odin (583) 10 years ago

Buffet's investments are wide and varied as most any multi-billionaire's portfolio would be. He is the only super-rich guy I know of though, that doesn't think it is right that the people in his office have to pay a higher tax rate than him. No matter what policies the government pursues, someone will benefit from them..and of course others will be hurt by them. The real issue here as most of us know is the dirty money that flows into political campaigns in the first place....which puts the people's interests secondary to corporate interest. I am not trying to get Buffet off the hook, but I am at a disadvantage because your link is not viewable.

The pipeline is really a secondary issue, as the real problem to me is the barrel and a half of contaminated by-product... leeching into the ground and water.... that is produced for every barrel of oil that is refined. This has caused a once pristine wilderness ...the size of England to be turned into a f...ing mess....causing many serious health problems to the native people that have lived there for thousands of years....and to who knows how many more people down-stream.

[-] 1 points by PretendHitGirI (13) 10 years ago

NO WAY!!! Somebody in DC making a decision that will vulgarly enrich an amazingly small percentage of the population?

They must be republicans!

[-] 1 points by jph (2652) 10 years ago

Actually the Canadians are just building a pipeline to the west coast to ship the dirty oil to the Asian markets. http://occupywallst.org/forum/warren-buffet-to-gain-big-on-obamas-keystone-pipel/

Stopping the pipeline was an end run around what should be that real issue, closing the tar sands extraction entirely.

[-] 1 points by factsrfun (8306) from Phoenix, AZ 10 years ago

It seems you guys are only against democrats making money, don’t forget everybody that drinks water in the Midwest made out too. Or has this got nothing to do with oil? Maybe these guys plan to truck in water, now that’s a money maker.

[-] 1 points by Mooks (1985) 10 years ago

Buffett did not bailout BofA. He just bought a lot of their stock last fall, like millions of others did because it was dirt cheap. It is up about 40% over the past 1 month or so.

[-] 0 points by mediaauditr (-88) 10 years ago

I replied to you above... .

[-] 0 points by turbocharger (1756) 7 years ago

Just like Buffet, Sanders claims people need $15 but only pays his $10.

The hypocrisy of these politicians is incredible.

http://theweek.com/speedreads/568208/bernie-sanders-wants-mandate-15-minimum-wage--but-only-pays-interns-12

[-] 0 points by bensdad (8977) 10 years ago

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[-] 0 points by bensdad (8977) 10 years ago

This benefits America

[-] 1 points by Recycleman (102) 10 years ago

America's 1%

[-] 1 points by bensdad (8977) 10 years ago

so running a pipeline that could destroy America's water is a good idea?
Ever heard of BP ?????????????

[-] 0 points by skylar (-441) 10 years ago

You are 100% correct.

[-] 0 points by mediaauditr (-88) 10 years ago

You don't remember the news story? Obama called Buffet at home on the phone to ask Buffet permission to say the "Buffet rule" for his tax reform idea during the 'debt crisis'. I guess you didn't follow that closely. A day or two after Obama made that call, Buffet gets the go ahead to 'invest' in BofA, with a guaranteed 6% return.

No other investors got a garanteed return. How come Buffet got one? Hmm... I wonder.

http://www.politico.com/politico44/2012/01/obama-calls-for-tax-reform-buffett-rule-112184.html

[-] 1 points by Mooks (1985) 10 years ago

It does not say anything in that article about a guaranteed return.

I think it makes a lot more sense that Buffett, who is one of the best investors of our time, recognized a great buying opportunity, as did millions of other investors. That stock was dirt cheap.

[-] -1 points by lisaCobamarules (2) from New York, NY 10 years ago

yes yes, good article please vote Obama to save America and keep good attack on Iran in place. Support your prez and let us all make America into big paradise of riches of oil.

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[-] -3 points by uncensored (104) 10 years ago

ZenDog is

• DONE!

[-] 6 points by Puzzlin (2898) 10 years ago

What? Where is Zen Dog???

We miss the Zen around here!

No wonder the trolls over-powered this site, we need to get in the saddle.

And, yes, it is time for the rich to pay. They never desired those tax cuts because they never created a damn job, rather they outsourced them!!!

The truth sometimes hurts especially for those who have this loud narrative playing in their head fueled by the likes of Rush Limpballs, Sean Handy, and Bill O'Lielly!!!

[-] 2 points by Reneye (118) 10 years ago

Hey "Puzzlin", you may be able to contact him on his poetry site.

http://zendogblog.net/videos.htm

[-] 2 points by Puzzlin (2898) 10 years ago

Reneye, you got it! That's exactly where he is. It is definitely is him and it is his site. Problem is I couldn't see how to post anything to him on his blog.

I found his tweeter address there but I don't have an account and I'm not up for creating one just yet. Anyway I bookmarked the site and when I do create an account I'll tweet tweet him.

This is a great find Reneye, great job, we have found him, even if it's just virtual at this point.

Here's his tweeter account in case anyone else here would like to converse with the great Zen Dog. Cooool

Tweet to@Zen_Dog_99

The Puzzler finally solves at least part of this puzzle.

Now if we only knew the rest of the story!

[-] 1 points by shoozTroll (17632) 10 years ago

Anybody got his Email?

I'll try and talk to him.

He did have a way with words...........:)

[-] 2 points by Reneye (118) 10 years ago

I found his site....there might be contact info there.

http://zendogblog.net/

http://zendogblog.net/videos.htm

[-] 1 points by Puzzlin (2898) 10 years ago

That would be monumentally great if we could get him back here.



[-] 1 points by shoozTroll (17632) 10 years ago

Yes it would, but it's not looking like it will happen.

I wish him well, in his every endeavor..........................:)

damn you trashy

[-] 4 points by Puzzlin (2898) 10 years ago

I think he may come back. He may just be taking a breather and had to get away from it for a spell. We R only human after all and swatting down the trolls can take a toll. I don't think it's all bad but we have to know our own balance. Many of us are very strong inside and many times it comes from how we preserve that strength. Most times, we have to decide when it's ripened time to fight and when it's just better to walk away. There's many ways we learn in this world, some of it comes from the positive and some from the negative. It's a balance, all negative is way too difficult, we need some positive, and certainly some more than others. As we grow older and wiser we can handle much more of it. The wisdom is realizing your balance.

"Life is like riding a bicycle. To keep your balance you must keep moving"

Albert Einstein



The Puzzler

[-] 0 points by Odin (583) 10 years ago

Gee..I hope you cyber people miss me a tenth as much as you do Zendog, if i decide to cut out.

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[-] 0 points by factsrfun (8306) from Phoenix, AZ 10 years ago

I sent him a message on twitter no response :(.

[-] 2 points by Puzzlin (2898) 10 years ago

Hmmm. That's discouraging. I hope he's alright. I really liked the Zen Dog. He was a big contributor here. I was imagining that somehow magically I would run into him when Washington DC gets shut down this Summer by the sheer numbers of people marching for OWS. It will such a blow to those who thought we somehow forgot about the principles we stand upon. We are well grounded and some just never can understand that. We know, and we are coming.

The Puzzler

[-] 0 points by factsrfun (8306) from Phoenix, AZ 10 years ago

I wasn't here when he was doing his work, but I came across some of his comments in a thread and tried to reach out, not sure what's up, I think his site looks updated though so I think he's OK.

[-] 1 points by Puzzlin (2898) 10 years ago

His site says the last update was Jan 31, 2012 which unfortunately was right about the time he stopped posting here. Also, another poster on this thread did tweet him with no response. So, it's just mystifying at this point. It's pretty much wide open what may have happened.

But it could be that he just burned out on this stuff and needed get away for a time. I understand that scenario because I get affected like that sometimes and when you get back in, it's all the way in again. It's hard to regulate. (Like video games etc..,) I enjoy doing this and get allot out of it but sometimes you need a change up.

Fortunately for me I've had much experience with these forums and know how it gets under your skin. And it does. But I've learned how to manage it better from the earlier days. Believe it or not, I've been in forums, enemy forums, where I get blasted as the troll. It's a different side but being on that side has it's perks. It's why I understand their mentality. But don't get my wrong here. I never blasted back when I got the label of troll (it was because I disagreed not because I spewed hate filled words all over). I had to bite my tongue frequently and never did I use insults, rants, or any of that. I stuck with the evident truth and nicely kept poking them in the eye with it. I gave them the evidence. They still hated it, but I avoided banning. Most other forums will cut your throat in a split second if return fire on them. For instance, they would outright call me an a$$hat but spelled correctly, and if I returned volley on that same level my neck got snapped. Eventually, when I had enough of their insulting, I did my suicide run, and sure enough "lickety split" the brick wall of banning. Trolls here not only have nine lives but rather hundreds. So now you know my story, I've been bullet proofed.

Anyway, this is most likely what happened since it is quite common. Also, and I said this many times here, many folks don't want or need it. So, these trolls do have an effect. It keeps some very respectful posters from ever sharing their ideas here because they don't mud fight. I don't either. I understand this troll mentality very well. They simply need to be called OUT. This is my tactic here. They slip the line and throw the label on them and never discuss anything with them except their trollish behavior.

I don't know what your sit is but maybe this helps you understand. I like you and so I shared this inside scoop with you. I like honesty and I demand respect. But yeah, you know, you've been around here for some time, it's dicey at times but we do have an impact even if it's just clarifying our own thoughts. The strangest part of it is if any of these trolls did this to any of us in person we would probably call the police or maybe worse. But most don't see that connection so they continue in the playground thinking it's harmless but I don't, it's not completely harmless. I believe some mud throwing can seep into physical reality as we sometimes witness. It just sometimes gears up the mind for the real fight in that outside world.

Ok, now I know I've rattling on while, it must be the Zen Dog spirit channel through to explain what or what not is happening. Mostly speculation. Maybe you'll find something good out of my honesty.

Thanks for all your posts. And don't give up this good fight. It is very worthy and your strength in continuing will make a difference. For me, my inspiration is fueled entirely by the evident truth and I know it has a power all it's own and I just allow it to amplify through me. That's it!

The Puzzler

[-] 0 points by factsrfun (8306) from Phoenix, AZ 10 years ago

From my twitter page:

“I have supported the 99% for 30 years. I worked at PVNGS along side the most intelligent/conservative people in the entire country, I know how to respond.”

I am completely new to forums, I have been on a few to get some info, but never had anything to share there and don’t really care for non rl contacts. As far as the heat goes. This is where I live. To best tell you what I mean, imagine for a minute that you are a real life Bond, esp. the pretty ladies part, and you look over someone’s shoulder and they’re in a chat room, for the ladies, and you look at what’s going on and think to yourself, it’s like knocking them down at the bar, but different.

Well I lived this in real time for about twenty years with the best around, a dozen at a time, this forum hasn’t even gotten to where it can go, I tear their hearts out and let’em watch them bleed, they would not addres me unless there were at least 3, I had a guy go after my 4 year old because he didn’t like my politics and couldn’t taut me into a fight. So this is like dating in a chat room if you get what I mean.

[-] 1 points by Puzzlin (2898) 10 years ago

That's interesting so you too had the experience being on the other side. It is an enlightening experience and also useful to completely exploring you own positions. What I learned by all that is the good ideas stick even in those environments. However you have to do it with finesse and caution. I've always termed as planting seeds. If the seed is firmly planted in the evident truth eventually it grow and bear fruit. Knowing psychology this tactic works beautifully. Generally the idea resurfaces from the opponent's mind much later but they then believe they just had this great revelation and it's their original thought. Beautiful the way that works.

Now the average troll misses this subtlety completely. Their way misguided to believe you can ram-rod these ideas down others throats against their will. What really happens then is the recipient remembers those ideas just like when you stick your hand into the fire. Don't want to do that twice. So in this dualistic way they really help us strengthen our position. Unintended consequences. Who wants to join the team that cursed you down and called you an idiot. Not me. And not many.

Good discussion. Thanks for that!!!

The Puzzler

[-] 0 points by JuanFenito (847) 10 years ago

Who wants to join the team that cursed you down and called you an idiot. Not me.

LOL!

[-] 1 points by Puzzlin (2898) 10 years ago

Juan, it's wild sometimes to realize that those attack us think they are scoring one for their side when in fact they just gave us the ball. Even stranger than that is their so filled with anger and vitriol that no matter what others may tell how counter-productive they won't be able to stop themselves. It's kind of like a person throwing a temper tantrum busting up all their precious stuff. Later they realize the mistake but humpty dumpty can't be put back together LOL.

Just wild and crazy!!!

Thanks Juan for your response! It's wonderful entertainment value for us all here. Like a box chocolates, never know what you'll find, and ain't it just a blast. We know we will get laughs but never know exactly how it will manifest. Which is why it's so funny. Keeps us coming back for more, and more, and more!!!

The Puzzler

[-] -1 points by JuanFenito (847) 10 years ago

Really? All I said was "lol". That amused you that much?

[-] 1 points by ComeTogetherNOW (650) 10 years ago

Ahhh, come on don't be shy. We enjoy your antics. Your entertainment value is immense. Don't hold back. Give us more!

Peace!

[-] 0 points by lisaCobamarules (2) from New York, NY 10 years ago

I am amused by Romeny kitting he has a chance. we all know Obama win 2012!

[-] 1 points by ComeTogetherNOW (650) 10 years ago

Mr, Etch-a-Sketch has not chance especially since the GOP has declared a War on Women's Rights. They have committed political suicide.

The GOP has become a party of lemmings, just hankering to run off that cliff. See Ya!

Peace!

[-] 1 points by ComeTogetherNOW (650) 10 years ago

LMAO

Juan your on roll. Keep going. This is funny stuff.

Peace!

[-] 0 points by JuanFenito (847) 10 years ago

Ha Ha! Thanks!

Compulsory unionism rules!

[-] -2 points by factsrfun (8306) from Phoenix, AZ 10 years ago

checking out "juan" to see if he belongs on "the list" in the mean time think about my other comment, good to bump into to someone that knows how to play, you should see me on a chess table

[-] -2 points by shadz66 (19985) 10 years ago

Ye know 'P' - I've been puzzlin' over the same question !

I've got my differences with that cat 'ZD' but we need his 'ire in the fire' round these parts, that's for sure.

Also re. FUX-SNEWz's 'anchors', that'll be Sean Insanity and Bill Oh-Really(I don't know Jack - But I'll Shout Anyway!!) - jeepers - in any other country, folk like these would be on heavy meds in a secure institution ...

in vino veritas (hic!) ...

[-] 3 points by Puzzlin (2898) 10 years ago

LoL, it is the puzzle isn't it. And, for some reason, I thrive on these mysteries. Which as you may guess, hence, my name. It's in my blood.

Bill Oh-Really, like that one, I'll have to use that somewhere when the time ripened. He's a piece of work that one, a real bully, which makes sense actually because his words don't hold weight so he just uses them to yell down his opponents so they don't get a chance to say what's true. He suppresses the truth by making his opponents look silly and not worth hearing out.

The Puzzler

[-] -2 points by shadz66 (19985) 10 years ago

'P' : It sure is http://www.youtube.com/watch?v=rkBWD8__8HU :-) As Is how 'Insanity & Oh-Really' ever made it past the screen tests !!!

caveat emptor ...

[-] 2 points by Reneye (118) 10 years ago

His twitter has stopped all activity on Feb.6th. as well. Can you specify what you mean by "DONE"?

[-] 1 points by nomdeguerre (1775) from Brooklyn, NY 10 years ago

DONE as in deceased? Or as in his task, his employment is done? The individual playing ZenDog has been retired/has retired? What?

[-] -3 points by PretendHitGirI (13) 10 years ago

Like many here, who address people on this forum in a manner they would NEVER dream of doing in person, ZD most likely let his keyboard mouth write a check his ass couldn't cash.

He had been told many times to cease with the hate spewing and disrespect by more than one person. I certainly do recall reading a day of reckoning promised him soon and I hope he got it.

NOBODY needed his vile hate spewing. It's quite possible to remain civil without personal attacks and hateful discourse, in fact, it's much more effective to remain civil on the higher ground.

I am also certain that several here would have long since gotten a reckoning if they made themselves known.

There are ways you just don't talk to strangers if you like to continue. Everyone should know that.

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