In continuance of their tired attacks on those evil Koch Brothers and in effort to slam the GOP, did those on the left forget to note that without the pipeline the oil is currently transported by rail and who is among those profiting from it?
That would be our favorite ukulele playing uncle, Democrat Warren E. Buffett of Omaha, a significant backer of Barack Obama. In 2010, Buffett sold stakes in other rails, inclusive of Union Pacific (UNP:NYSE) and Kansas City Southern (KSU:NYSE), to purchase Burlington Northern Santa Fe, which became a subsidiary of Berkshire Hathaway Inc.
Buffett friend Bill Gates has also taken large equity positions in railroads.
I do not have an issue either way where investors legally find return on investment, just pointing out what DemoNews.org failed to be transparent about.
With transparency in mind, full disclosure would note I am a native Nebraskan and have been a longtime shareholder of Berkshire Hathaway (BRK.B:NYSE). The train keeps a rolling! #GBR!
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| Warren Buffet with Nebraska Cheer at BRK Annual Meeting |
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