The Koch Brothers seem to be the target of the day for the mainstream media (and Senator Harry Reid). They have been singled out as the poster child for big money flowing into politics. Opensecrets.org, a website that tracks political donations shows the Koch Brothers as number 59 on their list of biggest political donors? When was the last time number 59 got any kind of publicity?
The latest attack on the Koch Brothers is an article in the Washington Post which lists them as a major lease holder in Canadian Oil Sands. John Hinderaker at Power Line posted an article yesterday which shows that supposed fact to be a total lie.
The story at Power Line points out:
So the fundamental point of the Post story, which relied uncritically on a goofball far-left report, is dead wrong. Moreover, the Post story itself acknowledges that the tar sands encompass 35 million acres, so Koch’s 1.1 million comprise less than 3% of the total. The whole point of this exercise is to make the Keystone Pipeline all about Koch, and that premise is implausible from the start.
Somehow the story in the Washington Post neglects to mention who profits by the Keystone Pipeline NOT being built. On February 12, I posted that story (rightwinggranny.com).
As previously posted from another Power Line article:
If the Obama administration holds firm on blocking Keystone, the big loser will be TransCanada Corporation. But who will the big winners be? American railroads:
And of them, the biggest winner might just be the Burlington Northern Santa Fe, which is owned by Berkshire Hathaway, the conglomerate controlled by Obama supporter and Omaha billionaire Warren Buffett. In December, the CEO of BNSF, Matthew Rose, said that his railroad was shipping about 500,000 barrels of oil per day out of the Bakken Shale in North Dakota and that it was seeking a permit to send “crude by rail to the Pacific Northwest.” He also said the railroad expects to “eventually” be shipping 1 million barrels of oil per day.
The article at rightwinggranny.com also lists some other interests connected to legislators that will profit if the Keystone Pipeline is not built.
As usual, follow the money–even when the mainstream media totally misreports whose money is involved.
