How do Warren Buffett and Sen. Ben Nelson benefit from the White House killing the Keystone pipeline?

April 17, 2012

Writer

Glenn spent a good portion of his show Tuesday night on GBTV to address Warren Buffett’s connections to TransCanada’s Keystone XL oil pipeline. Does the Oracle from Omaha have an interest in seeing the project killed? Glenn’s research team compiled quite a bit of evidence that could certainly lead one to reach that conclusion.

Back in January, the State Department advised the President to reject the proposal to extend the Keystone XL pipeline because it was not in the “national interest” of the country at this time. But why would Obama choose to not support this project when he has backed so many green energy projects, even ones that have failed like Solyndra?

According to Forbes, the pipeline would have been a huge job creator:

According to TransCanada, the company planning to build the pipeline, Keystone XL would alleviate transportation bottlenecks and improve capacity in a market where oil imports total 10 to 11 million daily barrels. The company claims it would put 13,000 people to work building the pipeline and 118,000 spin-off jobs “through increased business for local goods and service providers.”
Building the Keystone extension would provide additional transportation capacity at the crucially important city of Cushing, Oklahoma. The pricing point for NYMEX spot and future WTI contracts, which determine the price of crude oil, Cushing has faced severe bottlenecks as its capacity to transport crude oil to the refinery-rich Gulf Coast has been limited.

As Glenn pointed out, the oil that would have come in the pipeline would still be coming to the United States regardless, only now it would be through trains. And who owns the trains? Warren Buffett.

“The question is not about the environment or government studies,” Glenn said.

According to research done by GBTV and The Blaze, “Warren Buffett’s Burlington Northern Santa Fe LLC railroad — a unit of Buffett’s Omaha, Nebraska based Berkshire Hathaway — would be among those poised to reap sizable gains by the administration’s decision to reject TransCanada’s oil pipeline permit. Berkshire Hathaway purchased a 22% (or, $34 billion share) of the 32,000 mile line in 2009, shortly after Obama was elected.”

“Whatever people bring to us, we’re ready to haul,” said Burlington Northern spokesperson Krista York-Wooley.

Glenn said that Warren Buffet has vehemently denied ever speaking to The President about the Keystone Pipeline project despite the fact that he owned a company that would benefit from it’s cancellation.

“This pipeline should have passed. Because it’s safe, it’s a job creator, helps America get cheap oil and gets you lower gas prices,” Glenn said.

“He’s got to be the luckiest guy ever because he benefits from this.”

How did Buffett get so lucky? It had something to do with Nebraska Senator Ben Nelson.

WATCH Glenn explain below:

Buffett and Nelson go way back. In 2010 while the country was undergoing an overhaul of it’s financial regulations, Nelson worked hard to push legislation that would benefit Warren Buffett and Berkshire Hathaway. As of 2010, Nelson owned up to $6 million in stock in Berkshire Hathaway.

What are some of the other connections?

The Blaze and GBTV reported:

GBTV uncovered a startling connection between Berkshire Hathaway’s home-state and that state’s Senator Ben Nelson, who voted against the Keystone XL and lobbied that it be re-routed to avoid Nebraska. Ironically, the Senator’s attempts to thwart the pipeline were done while he himself maintained his state would heartily welcome the jobs created from the Keystone project. While Nelson’s position then seems counterintuitive, add to it the fact that he is heavily invested in Buffett’s Berkshire Hathaway.
GBTV revealed that from 2007 to 2012 Nelson contributed $27,000 to the company itself and according to a recent financial disclosure statement from 2008, he owned between $1.5 and $6 million of the company’s stock – his largest investment in any one company to date.
The pendulum seems to swing both ways, however. Buffett’s Burlington Northern Santa Fe PAC in turn contributed $5,000 to Senator Nelson’s Nebraska Leadership PAC and Berkshire Hathaway employees have reportedly long supported the senator, contributing at least $75,550 to the Nebraska Democrat over the course of his political career according to the Center for Responsive Politics.
Not coincidentally, Senator Nelson penned an op-ed column on March 5, 2012 entitled “Behind Those High Gas Prices.” As you can imagine, the senator was quick to tell Nebraskans that the spike “has nothing to do with the Keystone Pipeline” and also “isn’t a result of domestic oil production.”

Tying it all back to the Pipeline, Glenn concluded that it’s clear that both Nelson and Buffett have quite a bit to gain financially if Buffett’s trains were used to transport the oil instead of the pipeline.

“The political favors, the green house gas emissions, oil transported on choo-choo trains riding off into the smog-ridden sunset,” Glenn said.

And who loses? You.

“You’re not on the gravy train,” Glenn told the audience. “You’re in your car and most likely standing at the gas station pumping in gas that will be way more expensive.”

*Note - Warren Buffett announced he had non life threatening stage one prostate cancer after Glenn went on the air for this segment which is why the breaking news was not addressed during the show.

5 videos that reveal the WOKE GARBAGE being taught to our kids

School today is not like it used to be...

Glenn recently covered how our medical schools have been taken over by gender-affirming, anti-racist, woke garbage, and unfortunately, it doesn't stop there. Education at all levels has been compromised by progressive ideology. From high-level university academics to grade school, American children are constantly being bombarded by the latest backward propaganda from the left. Luckily, in the age of Zoom classes and smartphones, it's harder for teachers to get away their agenda in secret. Here are five videos that show just how corrupt schools really are:

Woke teacher vandalizes pro-life display

Professor Shellyne Rodriguez, an art professor at Hunter College in New York, was caught on camera having a violent argument with a group of pro-life students who were tabling on campus. Rodriguez was later fired from her position after threatening a reporter from the New York Post, who was looking into this incident, with a machete.

Woke professor argues with student after he called police heroes

An unnamed professor from Cypress College was captured having a heated discussion with a student over Zoom. The professor verbally attacked the student, who had given a presentation on "cancel culture" and his support of law enforcement. The university later confirmed that the professor was put on leave after the incident.

Professor goes on Anti-Trump rant

Professor Olga Perez Stable Cox was filmed by a student going on an anti-Trump rant during her human-sexuality class at Orange Coast College. This rant included Professor Cox describing Trump's election as "an act of terrorism”. The student who filmed this outburst was suspended for an entire semester along with several other punishments, including a three-page apology essay to Professor Cox explaining his actions. Orange Coast College continues to defend Professor Cox, citing the student code of conduct.

Unhinged teacher caught on video going on left-wing political rant

Lehi High School teacher Leah Kinyon was filmed amid a wild, left-wing rant during a chemistry class. Kinyon made several politically charged remarks, which included encouraging students to get vaccinated and calling President Trump a "literal moron." Despite her claims that the school admins "don't give a crap" about her delusional ramblings, a statement from Lehi High School reveals that she "is no longer an employee of Alpine School District."

Far-left Berkeley law professor melts down when a Senator asks her if men can get pregnant

During a Senate Judiciary Committee hearing, Berkeley Law Professor Khiara M. Bridges was asked by Missouri Senator Josh Hawley to clarify earlier statements involving "people with a capacity for pregnancy." The senator's line of questioning is met with a long-winded, frantic rant accusing the senator of being transphobic. When Sen. Hawley tries to clarify further, Professor Bridges makes the outrageous claim that such a line of questioning somehow leads to trans suicides.

Woke ideology trumps medicine in America's top 5 medical schools

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Progressive ideology has infected our most prestigious medical schools and is seeping into our medical system.

As Glenn covered in his latest TV special, "diversity, equity and inclusion" (DEI), and leftist rhetoric have overtaken science and medicine as the focus of medical schools across the nation. The next generation of doctors and nurses is being force-fed DEI and "anti-racist" nonsense at the expense of slipping standards. This has led to a decline in people's trust in the medical industry and for good reason. Woke ideology has already been the driving force behind at least one medical malpractice case, and more are undoubtedly on the way.

All of this is being spearheaded by universities, which have integrated DEI practices into the fabric of their programs. Our top medical schools now require students and staff to participate in mandatory DEI and "anti-racist" classes and training and are adjusting the standards to reflect this new shift in focus. Here are 5 statements from the top American medical schools that show that medicine is no longer their primary focus:

Harvard Medical School

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Taken from the Harvard University "Unconscious bias" resource page:

“As members of HMS, we each have a responsibility to create an inclusive community that values all individuals. Barriers to inclusion may include assumptions we make about others that guide our interactions. Recognizing our Unconscious Bias is a critical step in developing a culture of equity and inclusion within HMS and in our partnerships with other communities.”

The Johns Hopkins University School of Medicine

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Pulled from the JHM Office of Diversity, Inclusion and Health Equity blog:

“One-hour live, virtual unconscious bias training ... [w]ill be required at all Johns Hopkins Health System (JHHS) entities for managers and above; hospital nurse leaders; credentialed providers (such as physician assistants and nurse practitioners); and for school of medicine faculty and trainees (including residents, fellows, medical and graduate students, and research postdocs), as well as those at a manager level or above.”

Stanford University School of Medicine

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Found on the Stanford Medicine Commission on Justice and Equity page:

“The Commission on Justice and Equity—composed of external and internal leaders, experts, and advocates—represents an institution-wide, collaborative effort to dismantle systemic racism and discrimination within our own community and beyond.”

Perelman School of Medicine at the University of Pennsylvania

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Taken from the Penn Medicine Commitment to Inclusion, Equity, and Antiracism site:

“We openly acknowledge the role of structural forces of oppression as primary drivers of the disparate health outcomes. We believe that working to reverse the underrepresentation of historically excluded groups is critical in achieving equitable health outcomes. While this is an ongoing journey for our program, here are some of the tangible steps we have taken to achieve an inclusive culture”

Columbia University Vagelos College of Physicians and Surgeons

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Pulled from the Vagelos College of Physicians and Surgeons Diversity, Equity, Inclusivity, Justice, and Anti-Racism page:

"Courses are being revised to be more inclusive and informed by the key principle of race as a social construct and a social determinant of health. We are training faculty that Anti-Racism is not an add-on to a course. Anti-Racism is a pedagogy - a manner of teaching, designing courses, and measuring learning outcomes. We make sure that the classroom environment is inclusive by holding space for respectful conversation and ensuring that we address any “classroom ruptures”– a disorienting dilemma or situation when a bias or microaggression that may occur, providing real time opportunities for professional development, learning, and growth. Racist actions and remarks are never tolerated at Columbia University and will be dealt with following established protocols."

Critical theory destroys truth and justice

Editor's note: This article was originally published on TheBlaze.com.

Critical theory once stood out as the absurd progressive notion that it is. Now, its maxims are becoming an integral part of ordinary political discourse. The more you repeat a lie, the more you will believe it, and this is the very dangerous place in which we find ourselves today.

Take this critical theory maxim as an example: If we desire justice, we must sometimes champion what may appear superficially as injustice. It's a necessary evil, if you will, the necessity of “controlled injustice.”

By using truth through fabrication and controlled injustice for justice, we’ll save the republic. We’ll be acting in a noble way.

This definition of justice is defined by the “oppressed,” not the “oppressor.” It is the greatest happiness for the greatest number. To achieve this justice, however, we need to endorse acts on occasion that, while seemingly unjust, serve a higher purpose. It will ensure the stability and the unity of our republic, and this may manifest in ways that seem contradictory to our values. But these are the necessary shadows to cast light on “true justice.”

And isn’t that what we are all after, anyway?

Here’s another critical theory maxim: Sometimes we find the truth through fabrication. Our pursuit of truth sometimes requires a strategic use of falsehoods. The truth is a construct that has been shaped and tailored to promote the well-being of the collective.

We sometimes need to accept and propagate lies designed by "the system” — not the old system, but the system that we’re now using to replace the old to get more justice through injustice and more truth through fabrication.

We’re engaging in a higher form of honesty. When we fabricate, it’s for the right reason. We are reaching up to the heavens fighting for a higher sort of honesty. To fortify the truth, we occasionally must weave a tapestry of lies. Each thread, essential for the greater picture, will ultimately define our understanding and ensure our unity under this infallible wisdom.

The election is coming up. Does this maxim sound familiar? Many think it is imperative that we secure our republic through election control to maintain our republic. Sometimes, we might need to take actions that by traditional standards might be questionable.

The act of securing elections requires cheating. It's not mere deception. It is a noble act of safeguarding our way of life. We're on the verge of losing this democracy, and without deception, we will lose it.

To ensure it doesn't fall into the hands of those we know will destroy it, we may have to make a few fabrications. We're fabricating stories to be able to control or secure the republic through our elections. By using truth through fabrication and controlled injustice for justice, we'll save the republic. Therefore, we'll be acting in a noble way. Stealing an election from those who wish to harm our society is truly an act of valor and an essential measure to protect our values and ensure the continuation of our just society.

If we desire justice, we must sometimes champion what may appear superficially as injustice.

I know it's a paradox of honor through dishonor. But in this context, by embracing the dishonor, we achieve the highest form of honor, ensuring the stability and the continuation of our great republic.

Let this be heard, far and wide, as a great call to patriotic action. As we advance, let each of us, citizens of this great and honorable republic, consider these principles. Not as abstract or paradoxical but as practical guides to daily life. Embrace the necessity of controlled injustice, the utility of lies, the duty to secure our electoral process, and the honor and apparent dishonor. These are not merely strategies for survival. They are prerequisites for our prosperity.

We all have to remember that justice is what our leaders define, that truth is what our party tells us. Our republic stands strong on the values of injustice for justice, honor through dishonor, and the fabrication of truths. To deviate from this path is to jeopardize the very fabric of our society. Strength through unity; unity through strength.

We've heard this nonsense for so long. But now, this nonsense is becoming an instituted reality, and we are entering perilous times. Don't be fooled by the narratives you will hear during the march to November. Never let someone convince you that the ends justify the means, that a little bit of injustice is needed to achieve a broader, collective vision of justice, that truth sometimes requires fabricated lies and narratives. If we do, justice will cease to be justice, truth will cease to be truth, and our republic will be lost.

Top 5 MOST EVIL taxes the government extorts from you

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"In this world nothing is certain but death and taxes." -Ben Franklin

The injustice of taxation has been a core issue for Americans since the very beginning of our country, and it's a problem we have yet to resolve. This belief was recently reignited in many Americans earlier this month on tax day when the numbers were crunched and it was discovered that the government was somehow owed even more hard-earned money. As Glenn recently discussed on his show, it's getting to be impossible for most Americans to afford to live comfortably, inflation is rising, and our politicians keep getting richer.

The taxpayer's burden is heavier than ever.

The government is not above some real low blows either. While taxes are a necessary evil, some taxes stretch the definition of "necessary" and emphasize the "evil." Here are the top five most despicable taxes that are designed to line the IRS coffers at your expense:

Income Tax

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"It would be a hard government that should tax its people one-tenth part of their income." -Ben Franklin

On February 24th, 2024 we hit a very unfortunate milestone, the 101st anniversary of the 16th Amendment, which authorized federal income tax. Where does the government get the right to steal directly out of your paycheck?

Death Taxes

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"Now my advice for those who die, Declare the pennies on your eyes" -George Harrison

Not even in death can you escape the cold pursuit of the tax collector. It's not good enough that you have to pay taxes on everything you buy and every penny you make your entire life. Now the feds want a nice slice, based on the entire value of your estate, that can be as much as 40 percent. Then the state government gets to stick their slimy fingers all over whatever remains before your family is left with the crumbs. It's practically grave-robbery.

Payroll

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"The power to tax is the power to destroy." -John Marshall

What's that? The nice chunk of your paycheck the government nabs before you can even get it to the bank wasn't enough? What if the government taxed your employer just for paying you? In essence, you make less than what your agreed pay rate is and it costs your employer more! Absolutely abominable.

Social Security

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"We don't have a trillion-dollar debt because we haven't taxed enough; we have a trillion-dollar debt because we spend too much." -Ronald Reagan

Everyone knows the collapse of Social Security is imminent. It has limped along for years, only sustained by a torrent of tax dollars and the desperate actions of politicians. For decades, people have unwillingly forked over money into the system they will never see again.

FICA

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"What at first was plunder assumed the softer name of revenue." -Thomas Paine

FICA is the payroll equivalent of Social Security. Your employer has to match however much you pay. It means it costs your employer even more to pay you—again, you'll NEVER see that money. At this point, are you even working for yourself, or are you just here to generate money for the government to frivolously throw away?