Translate blog

Thursday, November 29, 2012

Lefties 'Discover' That Rice Has 'Conflict of Interest' Energy Investments

In what would appear to be a sure sign that the Obama administration's leftist allies, perhaps with the President's go-ahead, are preparing to throw current U.N. ambassador Susan Rice under the bus, Alex Guillen at the Politico reported at 6:14 p.m. on information that has from all appearances been public information for at least three months, but which the National Resources Defense Council's On Earth blog noted about an hour earlier.

Rice's offenses? She "holds significant investments in more than a dozen Canadian oil companies and banks that would stand to benefit from expansion of the North American tar sands industry and construction of the proposed $7 billion Keystone XL pipeline." That's indeed troubling, but it was just as troubling when leftists up to and including the editorialists at the Washington Post were accusing anyone objecting to Rice's potential nomination of being presumptively racist.

... According to her most recent personal finance report, covering 2011 and filed in May 2012, Rice and her husband own between $300,002 and $600,000 in TransCanada stock. Those holdings brought them as much as $20,000 in income in 2011. Federal officials are required to disclose the range of an investment rather than the exact amount. (Continues)

No comments: