When the history books are finally written to cover our current administration, they will clearly label Obama as the poster child for Crony Capitalism. And we all know that Buffett doesn't play with mere millions... he's into billions of revenue from this cozy deal.
Buffett would profit from Keystone cancellation
Warren Buffett whom President
Obama likes to cite as a fair-minded billionaire while arguing for higher taxes on the wealthy, stands to benefit from the president’s decision to reject the Keystone XL oil pipeline permit.
Mr. Buffett’s
Berkshire Hathaway Inc. owns
Burlington Northern Santa Fe LLC, which is among the railroads that would transport oil produced in western
Canada if the pipeline isn’t built.
“Whatever people bring to us, we’re ready to haul,”
Krista York-Wooley, a spokeswoman for
Burlington Northern, a unit of
Buffett’s Omaha, Neb.-based
Berkshire Hathaway Inc., told
Bloomberg News. If Keystone XL “doesn’t happen, we’re here to haul,” she said.
Buffett would profit from Keystone cancellation - Washington Times
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