TRUTH BE TOLD

TRUTH BE TOLD
WORLD NEWS EVERY DAY

Friday, November 30, 2012

Benghazi Bimbo Susan Rice Has Ties To Iran

Benghazi Bimbo Susan Rice Has Ties To Iran

When Obama rails against the 99% with Warren Buffett at his side crying that the wealthy should “pay their fair share,” oddly the name Susan Rice doesn’t come up. It’s odd because Rice is the wealthiest staff member in the Executive Department, amassing in the neighborhood of forty million dollars.
Where do these millions of dollars pour in from?
You should take a look at her financial disclosure form. It’s like reading War and Peace. She has an endless number of investments in companies throughout the world. But one of her soft spots is companies that do investments with Iranian companies, especially those that buy Iran’s billions of barrels in crude oil.
So the next time Iranian president Mahmoud Ahmadinejad vows to annihilate Israel with a nuclear bomb, you can thank Susan Rice.

Rice Has Up to $600K Stake in Keystone Company

Approving pipeline could be one of new secretary of state's first duties
AP
AP
BY:

Potential secretary of state candidate Susan Rice owns up to $600,000 of stock in the Canadian company pushing to build the Keystone XL Pipeline, according to her financial disclosure reports.
OnEarth reports that Rice, Obama’s preferred candidate to succeed Hillary Clinton, owns millions of dollars of stock in oil companies, including TransCanada, the company behind the controversial Keystone XL oil pipeline.
TransCanada is currently awaiting approval from the State Department on whether it can build the pipeline, which would stretch from Canada to the Gulf of Mexico. The project is reviled by environmentalists and would likely be Rice’s first major decision as Secretary of State, should she be confirmed.
OnEarth reports:
The current U.S. ambassador to the United Nations, Rice owns stock valued between $300,000 and $600,000 in TransCanada, the company seeking a federal permit to transport tar sands crude 1,700 miles to refineries on the Texas Gulf Coast, crossing fragile Midwest ecosystems and the largest freshwater aquifer in North America.
Beyond that, according to financial disclosure reports, about a third of Rice’s personal net worth is tied up in oil producers, pipeline operators, and related energy industries north of the 49th parallel — including companies with poor environmental and safety records on both U.S. and Canadian soil. Rice and her husband own at least $1.25 million worth of stock in four of Canada’s eight leading oil producers, as ranked by Forbes magazine. That includes Enbridge, which spilled more than a million gallons of toxic bitumen into Michigan’s Kalamazoo River in 2010 – the largest inland oil spill in U.S. history.
Rice also has smaller stakes in several other big Canadian energy firms, as well as the country’s transportation companies and coal-fired utilities. Another 20 percent or so of her personal wealth is derived from investments in five Canadian banks. These are some of the institutions that provide loans and financial backing to TransCanada and its competitors for tar sands extraction and major infrastructure projects, such as Keystone XL and Enbridge’s proposed Northern Gateway pipeline, which would stretch 700 miles from Alberta to the Canadian coast.
In 2010, for instance, when Rice and her husband held at least $1.5 million in Royal Bank of Canada, the institution was labeled Canada’s most environmentally irresponsible company by the Rainforest Action Network for its support of tar sands development. Public pressure from environmentalists and Canada’s First Nations tribes convinced the bank to stop funding tar sands projects earlier this year.

No comments:

Post a Comment