}
The heart of the wise inclines to the right, but the heart of the fool to the left. -- Ecclesiastes 10:2 (NIV)

When the people fear their government, there is tyranny; when the government fears the people, there is liberty. Thomas Jefferson

Liberalism: Ideas so good, you have to be forced to accept them.

''ARE YOU AN AMERICAN --or a LIBERAL.''


Dance Along

Thursday, November 29, 2012

How Amazingly Convenient: Lefties 'Discover' That Susan Rice Has 'Conflict of Interest' Energy Investments


"Does this suprise anybody. The most corrupt Administration in US history". MC

First of all, how is someone like Susan Rice worth between $23.5 and $43.5 million? If the media did their jobs, maybe we’d know how a UN diplomat could amass so much wealth. Funny how leftists, who hate the rich never utter a word about Susan Rice’s net worth. Not only is Susan Rice worth so much money, but she has significant investments in over a dozen Canadian oil companies. Remember during the campaign how ‘bad’ it was to have investments out of the United States?

 ... 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.
Rice’s husband was born in Canada.
TransCanada isn’t the only Canadian energy company in Rice’s portfolio. She also has investments in pipeline firm Enbridge, utility TransAlta and oil and natural gas companies Encana, Suncor and Cenovus.
About a third of Rice’s personal wealth — an amount as high as $43.5 million — is invested in Canadian energy interests, according to On Earth.
Rice has other holdings in Chesapeake Energy, Royal Dutch Shell, Devon Energy, Iberdrola, ATP Oil & Gas Corp. and Rio Tinto Limited.
... According to the Office of Government Ethics, federal officials holding significant amounts of stock conflicting with their duties must sell the stock, recuse themselves from the decision or set up a qualified trust.

Well, if she sold the conflicting investments and threw her assets into a blind trust, that would solve the problem, right? Wrong -- or so claim the enviro-zealots:
“It’s really amazing that they’re considering someone for secretary of State who has millions invested in these companies,” Bill McKibben told On Earth.
“[Keystone XL] would be one of the first decisions she would make, and she’s not qualified to make an unbiased decision,” said Jane Kleeb, executive director of the anti-pipeline group Bold Nebraska.

As stated earlier, this is way too convenient. The information which forms the basis for the story is at least three months old; the personal financial disclosure form involved had its final sign-off on August 17. Rice's nomination has been a known Obama administration agenda item for almost three weeks. And now it "just so happens" that an enviro blog discovers this supposedly damning information right after four different Republican Senators, including flaming moderate Susan Collins of Maine, have expressed grave reservations after private discussions with her, and the Politico's Guillen is right there just an hour later. Can you say "coordinated attack"?

One more thing: As anyone who has followed sports would know, the surest sign that a coach or manager is in serious trouble is when the owner or general manager issues a "vote of confidence." Obama did that earlier this afternoon ("OBAMA CALLS EMBATTLED AMBASSADOR 'EXTRAORDINARY'").
A Rice withdrawal from consideration now based on the "new" information which is really old also has the added "benefit" of occurring without anyone being able to credit Republicans for having stopped her potential nomination.

Susan Rice's potential nomination to be Secretary of State would appear to be on life support at best.


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