A decent pipeline deal or another Trump pipe dream
Lots of oil, truly liquid
gold, I love it and it loves me
This super article from CBS – check out. It is long but a really great analysis:
First this short tweet from a New
Yorker writer:
"TransCanada -- as its name
indicates-- is a Canadian company, which is why the State Department was tasked
with reviewing the project to begin with. Company shares rose nearly 4 percent upon Mr. Trump’s
executive order."
"(Shares of
Dallas-based ETP rose a similar amount Tuesday). Trump announces a new
America First policy by awarding the first major U.S. infrastructure project
(Keystone XL) to a Canadian company."
Backgound: Until last year, Donald Trump
was an investor in Energy Transfer Partners (ETP), but he sold all of his stock holdings in
June, his transition team told reporters last month. His share in ETP was valued in May 2016 at between $15,001 and $50,000, down
from a value range of $500,000 to $1 million a year earlier. Mr. Trump is not
required to file another disclosure form until later this year. So far, he has not provided documentation
of the divestment.
Asked Tuesday to reassure the
American public there was no conflict of interest given the president’s former
business ties, White House Press Secretary Sean Spicer first seemed to suggest
that such a small investment was of no consequence for a man who is said to be
worth billions.
Based on the above, what is the, if any, benefit to
Mr. Trump himself was the question?
“Thousands of dollars for a guy who’s a
multi-billionaire, isn’t, I don’t think that’s at the top,” Spicer
said, before being interrupted. He then said: “By law, he can’t have conflicts.”
Spicer here in this short
clip: http://www.cbsnews.com/videos/reporter-questions-if-trump-to-benefit-from-keystone-dakota-pipelines
Wow, must be nice to be above the law, um? Whew boy…
here we go and only a few days in office.
This aspect of “The Art of
this Deal” needs to be investigated to see the private benefits of this deal to
the Trump family or those connected to Trump Inc. “empire” if at all. This is serious
stuff, folks and it needs serious answers. I hope some agency picks up on
this and drills deeper (no pun intended although apropos isn’t it) to get answers for the public — we do have a compelling right and need to know.
Stay tuned. Oh, yes, Mr. Trump has said: “We will
win bigly…” see here:
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