Obama’s “Green Graft” buffet

Dear friend,

This Thanksgiving Barack Obama is serving up heaping helpings of taxpayer cash and political payoffs to his cronies, and now one of the Left’s biggest bankrollers is piling up his plate.

As you remember last week, I wrote to you telling you Barack Obama had just announced he was waiting until after the election to decide on whether to permit the Keystone XL jobs pipeline.

He thinks this backroom political deal will take political heat off him by handing a major victory to Gang Green groups.

But it turns out there may be more than a political payoff.

“Killing the Keystone XL pipeline may help one of the world’s richest men get richer. North Dakota’s booming oil fields will now grow more dependent on a railroad the president’s economic guru just bought,” Investor’s Business Daily write.

Interestingly, another billionaire, Obama economic inspiration Warren Buffett, stands to benefit from the Keystone XL pipeline delay,” writes IBD in its Nov. 16 editorial “Billionaire Buffett’s Bakken Boom.”

“As oil production ramps up in the Bakken fields of North Dakota, plans to use the pipeline to transport it have been dashed.  As a result, North Dakota’s booming oil producers will have to rely even more on the Burlington Northern Santa Fe (BNSF) railroad, which Buffett just bought, to ship it to refineries.

“Buffett’s Berkshire Hathaway has agreed to buy Burlington Northern Santa Fe in a deal valuing the railroad at $34 billion. Berkshire Hathaway already owns about 22% of Burlington Northern, and will pay $100 a share in cash and stock for the rest of the company,” IBD writes.

It’s Buffett’s largest-ever investment – so you know he’s pulling out all the stops to make money off it.

Now, I love profit.

But I’m a dedicated free marketer.

Using the power of the Oval Office to eliminate your campaign funders’ competition, knowing full well they’ll share the profits with your re-election campaign, that is crony capitalism.”

Or “Green Graft” to be exact.

And Obama is serving up a Thanksgiving buffet of it.

By moving to delay, and eventually kill, the pipeline Obama is forcing companies to move the oil on a railroad now owned by one of his campaign bankrollers.

IBD lays out the specifics.

“Rail shipments accounted for up to 65,000 of the nearly 343,000 barrels of oil produced daily in North Dakota in December. That percentage is likely to increase.  Many of the rail shipments from the Bakken fields are being handled by BNSF Railway Co., which has more than 1,000 miles of tracks in the region,” IBD writes.

I won’t stand for it.

And I won’t rest until the Keystone pipeline is approved, and built.

Ronald Reagan so respected the Oval Office he refused to take off his suit jacket.

But now Barack Obama is using it as a sump pump to funnel cash to his Gang Green campaign bankrollers.

We’ve just seen Obama ignore warnings and hand half a billion dollars to a doomed company owned by campaign bankroller George Kaiser, on the condition federal law be ignored and private backers like Kaiser, the SEIU and the California Democrat Party be repaid first.

IBD also points to more Obama policies that appear to be focused on pumping cash to his benefactors.

“About the time George Soros — Hungarian billionaire and key donor to leftist groups and the Democratic Party — invested heavily in the stock of the state-run Brazilian oil company Petrobras, President Obama was curbing U.S. offshore oil production and the U.S. Export-Import Bank announced a $2 billion loan to Petrobras to finance deep-water drilling off the pristine beaches of Sao Paulo and Rio de Janeiro,” IBD writes.

“As he was imposing curbs and moratoria on U.S. offshore drillers, President Obama wished the Brazilians well in the hope we would someday be Brazil’s best oil customer.”

But while Obama’s Gang Green policies are making his campaign bankrollers rich, the rest of us are suffering.

Within days of Obama’s Keystone announcement the price of oil shot up to $100 a barrel, putting upward pressure on the prices of gasoline and virtually every consumer good.

Now we’re getting reports the number of oil rigs in the U.S. is dropping, and economic experts are betting on further job and economic losses tied to Obama’s Keystone “delay.”

Gang Green, and Obama’s campaign account, gets fatter on this Thanksgiving feast of Green Graft.

We get the cold leftovers — pink slips and dwindling family budgets.

It’s time to take away Obama’s Green Graft serving fork.

That starts with forcing a hearing on the politics and finances behind Obama’s move to delay any decision on Keystone until after the election.

Who did he talk to?

Who profits?

“Sen. Bob Corker (R-Tenn.) is pressing Senate Foreign Relations Committee Chairman John Kerry (D-Mass.) to convene a hearing on the Obama administration’s decision to punt final action on the proposed Keystone XL oil sands pipeline until after the 2012 election,” The Hill reports Nov. 18.

“This decision is disturbing and appears to put election year politics ahead of economic growth and energy security,” Corker, a member of the committee, wrote to Kerry on Thursday. “With the unemployment rate at 9%, I have serious concerns about the impact this deferral may have on job creation.”

House hearings on Obama’s shady Solyndra backroom deal are already uncovering disturbing information.  Enough to possibly force the resignation of Energy Secretary Steve Chu.

Who knows what graft and wheeling-dealing a hearing on Obama’s Keystone deal will uncover?

Especially with Warren Buffett and multi-million dollar Gang Green groups pigging out at the White House.

But those hearings won’t happen unless we get one Democrat to vote with all Republicans, and that won’t happen without tremendous grassroots pressure on key senators.

I want to turn up the heat on folks like Pennsylvania’s Bob Casey, New Mexico’s Tom Udall and New Hampshire’s Jeanne Shaheen, among others.

Can you help me put together that campaign by going here and chipping in at least $10 or more?

We must also undertake our own efforts to secure documents, filing the needed lawsuits and document requests to uncover evidence hidden from House and Senate investigators.

That’s exactly how a private organization, much like ATP, blew the lid off Bill Clinton’s Chinese fundraising scandal, crippling the White House and leading the criminal conviction of key White House figures.

Can you please go here and chip in at least $10 or more to help me make that happen with Obama’s “Green Graft” scandals?

Between Solyndra, other “green” loans and now the information seeping out regarding his decision to cripple the Keystone pipeline, Obama is serving up a Thanksgiving-sized buffet “Green Graft” to his political cronies.

I can’t stop it unless I hear from you today.

Please go here and chip in at least $10 or more to help me hold Barack Obama accountable.


Donald Ferguson
Executive Director
American Tradition Partnership

P.S.  Last week I told you Obama hatched a deal with Gang Green to “delay” a decision on the Keystone pipeline until after the election, a move that eliminated 20,000 jobs and will cost the builder $1 million a day.  Obama is trying to choke the life out of the project.

But it turns out Obama is serving up a Thanksgiving buffet of Green Graft.  By choking off the pipeline oil will be forced onto the BNSF railroad, which Obama campaign bankroller Warren Buffett just bought in his largest-ever deal.

Along with Solyndra and the loans to Soros-connected Brazilian Petrobras, it’s the latest example of Obama’s “green” policies generating only green cash for his campaign funders.

It’s time to end Obama’s Green Graft feast.  Go here to chip in $10 or more to support ATP’s investigations of Obama’s green political payoff schemes.