Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: greatplains_guy who wrote (66058)	8/11/2013 9:28:47 PM
From: greatplains_guy	Respond to of 71588

More pipeline prattle: Obama’s empty insights By Tribune-Review Published: Thursday, August 1, 2013, 8:55 p.m. Updated: Friday, August 2, 2013 As if anyone needs more evidence of Barack Obama's resistance to the Keystone XL oil pipeline from Canada, the president serves up plenty in a recent New York Times interview. With regard to jobs and the economy, the president says there's “no evidence” that the pipeline from Alberta to the Gulf Coast would be a big jobs generator, The Times reports. Why, it might create only 2,000 jobs, he said — as if he can afford to turn up his nose at that number in an anemic economy. Au contraire, says TransCanada, the company behind the 1,600-mile pipeline. Just the pipeline's southern leg, which is nearly complete, has seen the creation of 4,000 jobs, The Washington Times reports. In total, TransCanada projects at least 13,000 jobs during the pipeline's construction phase. In a May letter to Congress, the AFL-CIO's Building and Construction Trades Department along with labor leaders estimated that the pipeline would create “tens of thousands of good-paying jobs.” Mr. Obama also said it's not clear whether Canada will do enough to address pollution concerns. Yet his own State Department, in a draft report released last March, said the pipeline would not significantly increase carbon emissions. Notes Rep. Lee Terry, R-Neb., “What more could (Obama) learn after over 15,500 pages of reviews?” Obama's position on the Keystone XL pipeline has been well documented. His latest pipeline prattle fuels far more skepticism than any credibility. triblive.com