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SHRED

(28,136 posts)
Sat Jan 28, 2012, 12:11 PM Jan 2012

Keystone XL and Boehner...both not good

The SEC Mulls An Investigation Calls Grow For John Boehner To Resign

It is an ethics violation for elected officials to use their political office to perform official acts on behalf of special interests, and particularly when special interests are campaign donors. There is also a serious problem when a sitting congressional representative performs official acts for personal financial profit by promoting a project the representative has a financial stake in. The problem becomes egregious when the elected official lies about a project to profit himself and campaign donors and our current Speaker of the House has taken those issues a step farther. On Thursday, the Securities and Exchange Commission (SEC) received a complaint from an environmental group with accusations that the proposed Keystone XL pipeline’s owners (TransCanada) are in violation of SEC Rule 10b(5) – Employment of Manipulative and Deceptive Practices to bolster stock prices.

~snip~

TransCanada, ...accurately provided Canadian regulators with realistic job numbers as well as the potential for environmental disaster which is, by the way, a near certainty according to TransCanada. Tar sands crude extraction is responsible for elevated cancer rates and involves razing ancient boreal forests, and there are 82% greater GHG emissions as compared to average crude refined in the United States. TransCanada also predicted that one of their existing pipelines would produce one spill every seven years, but it has produced 12 spills in less than one year. Even with one spill, over 1,000 rivers will be adversely impacted as well as the Ogallala Aquifer that supplies drinking water to 2 million Americans and is the primary source of groundwater for 20% of America’s agriculture production.

FULL ARTICLE HERE
http://www.politicususa.com/en/john-boehner-resign


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They both need to be resigned.
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Keystone XL and Boehner...both not good (Original Post) SHRED Jan 2012 OP
Well written and to the point. TY think Jan 2012 #1
excellent.. and blackmailing the Prez not ok. Voice for Peace Jan 2012 #2
so sad Voice for Peace Jan 2012 #3
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