General Discussion

riderinthestorm

(23,272 posts)

65. I don't presume to be an expert on Dr. Rice. I have no idea.

Wed Nov 28, 2012, 06:18 PM

Nov 2012

Honestly, I really simply answered your question but I don't personally have any strong feelings about her holdings.... yet.

Before I get jiggy on it, I'd like to suss out why she's got so much of her wealth tied up in these industries. It's a lot. Even if she isn't actively managing it general directives are typical (more green energy, health care research, sustainable agriculture and solar energy - less fossil fuels, and defense contractors for example).

I take it as a given that people in politics are wealthy. These are the folks who like to control the levers that make the global financial world spin (which is a close bedfellow with politics).

But blatant investments that are then directly tied to the power to make such enormous $$ seems like its crossing the ethical line imho.

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Report: SecState candidate Rice "Has a Major Financial Stake in Canadian Tar Sands" i.e. Keystone XL [View all] WilliamPitt Nov 2012 OP

How utterly depressing. Mika Nov 2012 #1

My thought, my dear Will, is this: CaliforniaPeggy Nov 2012 #2

Agreed...if true, it changes the context of her nomination. Magoo48 Nov 2012 #13

here here. very depressing but maybe they are doing us a backhanded favor roguevalley Nov 2012 #119

That would be a pretty big conflict of interest, then. TwilightGardener Nov 2012 #3

First of all, she is NOT a candidate for SOS. This is sh__t made up by the RW media hoping for kelliekat44 Nov 2012 #67

I like her. But I do believe she was under serious TwilightGardener Nov 2012 #73

She also supported Bush on Iraq and opposed ending that war. sabrina 1 Nov 2012 #104

She didn't oppose Obama's plan to shut Iraq down, though-- TwilightGardener Nov 2012 #108

If she is named and if she is confirmed, she COULD recluse herself on that decision I think karynnj Nov 2012 #110

Yes--she could leave it to the second in charge at the State Dept. TwilightGardener Nov 2012 #121

Doesn't thrill me, either. elleng Nov 2012 #4

Thought the same thing PennsylvaniaMatt Nov 2012 #33

Right, makes sense for public servants. elleng Nov 2012 #42

We did not approve of the excuse of a Romney blind trust, nor should we juajen Nov 2012 #75

Romney didn't have a blind trust CreekDog Nov 2012 #87

Actually, Romney DID claim he had a blind trust dixiegrrrrl Nov 2012 #107

right. he claimed to, but his "blind" trust was like his hand over his face promising not to look CreekDog Nov 2012 #112

Very illuminating. And not in a good way. forestpath Nov 2012 #5

She deserves all the hell they're giving her, then... even if it is a BS reason. nt Comrade_McKenzie Nov 2012 #6

Why doesn't she just sell the holdings...? nt Bigmack Nov 2012 #7

Ding,Ding,Ding,we have a winner! Wellstone ruled Nov 2012 #8

Yep, Council on Foreign Relations Dont call me Shirley Nov 2012 #23

I heard Petraus is looking for a new job. Fuddnik Nov 2012 #46

Does anyone really believe that this decision will actually be made by the SoS rather than Freddie Stubbs Nov 2012 #9

Does anyone believe it would actually matter who makes the decision when morningfog Nov 2012 #25

Hey!, stop with the reality check, OK? DollarBillHines Nov 2012 #50

I probably own stock in the company that own the Keystone Pipeline. But I oppose the bluestate10 Nov 2012 #10

I'm at the point where I'm starting to think DJ13 Nov 2012 #11

+1000 n/t handmade34 Nov 2012 #26

What you suggest is impossible unless those officials sell everything and put the money bluestate10 Nov 2012 #32

Bonds are fine DJ13 Nov 2012 #35

retirement models with scaled back defined benefits indicate a 6-9% return is needed CreekDog Nov 2012 #90

government pensions are only 1/3 of one's retirement CreekDog Nov 2012 #89

quite a scoop if true Enrique Nov 2012 #12

that's pretty damning, if true bigtree Nov 2012 #14

why dont her opponents criticize her for this reason instead of BS Benghazi? NightWatcher Nov 2012 #15

Because her opponents like this particular nugget about her... joeybee12 Nov 2012 #16

then why not support her and sit back and reap the stock benefits NightWatcher Nov 2012 #18

I bet they think Keystone will go through no matter what... joeybee12 Nov 2012 #20

that would conflict with their narrative about Obama Enrique Nov 2012 #19

Because they know that by performing their dog and pony show the Dems will rally around her blm Nov 2012 #39

Well, well, well.... woo me with science Nov 2012 #17

l know i have. it doesn't though. we don't matter after elections are over SammyWinstonJack Nov 2012 #30

Is she Condi's cousin. Thinking Chevron connection? Dont call me Shirley Nov 2012 #21

Because it's impossible to sell those investments jeff47 Nov 2012 #22

Is this true? kossp Nov 2012 #24

November 8, 2012: Zorra Nov 2012 #27

She is a rich woman who has stock in many foreign companies OKNancy Nov 2012 #28

Ummm ... 1StrongBlackMan Nov 2012 #29

Ummm waddirum Nov 2012 #118

Your are correct ... 1StrongBlackMan Nov 2012 #129

fuck!!! :-(((((((((((((((((((((((((((((((((((((((((( patrice Nov 2012 #31

This message was self-deleted by its author AnotherMcIntosh Nov 2012 #106

I reject that "Rice or Not-Rice" is the definition of a purist any more than a single card face-up patrice Nov 2012 #132

This message was self-deleted by its author AnotherMcIntosh Nov 2012 #135

BTW, I've actually put my face in the streets on the XL issue in a state run by the Koch bros, what patrice Nov 2012 #134

This message was self-deleted by its author AnotherMcIntosh Nov 2012 #136

Do you know everything about every issue? You assume XL is all there is to do & patrice Nov 2012 #137

what are hillary's stock holdings? what are john kerry's stock holdings? what are john boehner's spanone Nov 2012 #34

Hillary's and Kerry's holding have been known because they filed it as Senate disclosures karynnj Nov 2012 #114

Here we go frazzled Nov 2012 #36

Rice is not an investment manager, or professional investor. My guess is that with a net of bluestate10 Nov 2012 #55

"Trolling" WilliamPitt Nov 2012 #56

I agree re Hillary also. I don't like either of them, both supported Bush's illegal wars sabrina 1 Nov 2012 #120

Wouldn't any recommendations and/or decisions NashvilleLefty Nov 2012 #37

SOS has nothing to do with that, but it is a good diversion still_one Nov 2012 #40

Statement by the President on the Keystone XL Pipeline Enrique Nov 2012 #48

some pipelines are good central scrutinizer Nov 2012 #53

Wait though AldoLeopold Nov 2012 #115

OK, I stand corrected. NashvilleLefty Nov 2012 #117

No, it crosses an international border, so SoS approval is necessary. Fuddnik Nov 2012 #54

Post 48 quotes Obama saying the SOS did not support Lucinda Nov 2012 #61

Those of us in the Environmental Sciences have been asking that question AldoLeopold Nov 2012 #58

This is not what they are attacking her on however. In addition, she has not been even nominated still_one Nov 2012 #38

Her husband is from Canada Cicada Nov 2012 #41

Rice can recuse. Hillary Clinton did recuse the first time that issue came up. bluestate10 Nov 2012 #45

Her father was a Governor of the Federal Reserve FarCenter Nov 2012 #43

Her mother was a Vice President of the College Board, the notorious educational testing organization FarCenter Nov 2012 #47

That, too, should be known by more. AnotherMcIntosh Nov 2012 #109

Give me a break. $600,000-$7000,000 out of a net worth of $23-$45 million? bluestate10 Nov 2012 #44

That's just how much she has invested in TransCanada. A full third of her personal wealth is similar riderinthestorm Nov 2012 #49

Did her father, who was a finance man will her those holdings? bluestate10 Nov 2012 #57

I don't presume to be an expert on Dr. Rice. I have no idea. riderinthestorm Nov 2012 #65

"emotional reasons for not wanting to let those holdings go"? Yea, especially if they make money. AnotherMcIntosh Nov 2012 #111

Her husband is Canadian. frazzled Nov 2012 #72

Yah but she should have seen this as a potential roadblock AldoLeopold Nov 2012 #60

There seems to be John2 Nov 2012 #51

DO NOT WANT dbackjon Nov 2012 #52

yep - most politicians are in the 1%. This is what the 1% does/owns. Our system is the problem. NRaleighLiberal Nov 2012 #59

well, well, well, I didn't like Rice before, and now she goes directly to my shit list quinnox Nov 2012 #62

I don't believe the Secretary of State would have approval over a pipeline... Jeff In Milwaukee Nov 2012 #63

See post #48 WilliamPitt Nov 2012 #64

I'll be dipped... Jeff In Milwaukee Nov 2012 #66

aaahhhrrgg They_Live Nov 2012 #68

Let's get this straight SCVDem Nov 2012 #69

same bar for Mitt and Rice Enrique Nov 2012 #74

This is grandpamike1 Nov 2012 #70

President Obama: I am the Pipeline Decider bvar22 Nov 2012 #71

OMG OMG OMG OMG OMG Ineeda Nov 2012 #76

I suppose if she were up for Dept of Energy, or the Interior, I'd be more concerned... Cooley Hurd Nov 2012 #77

Statement by the President on Keystone XL Enrique Nov 2012 #80

Thanks for the info Cooley Hurd Nov 2012 #83

here Enrique Nov 2012 #85

Thanks Enrique! Cooley Hurd Nov 2012 #88

I don't know what she would do Enrique Nov 2012 #91

I have to agree... Cooley Hurd Nov 2012 #93

I have supported her, but in my opinion, this should JDPriestly Nov 2012 #78

This just confirms what I've believed all along........... jeggus Nov 2012 #79

there's nothing wrong with wringing our hands newspeak Nov 2012 #138

No way should she be considered now. Just let her leave plethoro Nov 2012 #81

RATS! Thanks, WRP. n/t Duval Nov 2012 #82

geesh!!!???? heaven05 Nov 2012 #84

Give it to my man, John Kerry. JanetLovesObama Nov 2012 #86

Kerry is my first choice democrattotheend Nov 2012 #116

Mass is politically twitchier than that AldoLeopold Nov 2012 #124

Goddammit. I hate it when this happens. lumberjack_jeff Nov 2012 #92

shit. robinlynne Nov 2012 #94

Not. Gud. n/t ProfessionalLeftist Nov 2012 #95

Between that and the auction of 20 mil. acres of Gulf oil drilling rights NickB79 Nov 2012 #96

Pile on time! Does anyone else have any negative Rice stories fried eggs Nov 2012 #97

sure quinnox Nov 2012 #98

Great! Let's keep the attacks going! Bipartisanship is fun! fried eggs Nov 2012 #99

well, personally I'm not a fan of war hawks and people with heavy investments in oil polluters quinnox Nov 2012 #100

What, are you one of those "purists"? AnotherMcIntosh Nov 2012 #113

So you think people shouldn't know these things? WilliamPitt Nov 2012 #103

Your devotion to small ball is duly noted, and commended hatrack Nov 2012 #128

US Embassy bombing in Kenya haunts Rice godai Nov 2012 #102

Pick someone else. jsr Nov 2012 #101

Wow. AnotherMcIntosh Nov 2012 #105

So, now THIS is a *real* reason to oppose her (potential) nomination for SOS? Proud Liberal Dem Nov 2012 #122

Because I like to think that we have more integrity than Republicans AldoLeopold Nov 2012 #125

So, Democrats can't own stock? Proud Liberal Dem Nov 2012 #127

I see your point AldoLeopold Nov 2012 #139

YO William a probloem with this story FogerRox Nov 2012 #123

What about Gary Locke as nominee instead? AldoLeopold Nov 2012 #126

if the republicans are against it --must we be for it????? dembotoz Nov 2012 #130

This message was self-deleted by its author AnotherMcIntosh Nov 2012 #133

What a great stock tip! Oilwellian Nov 2012 #131