Thursday, November 29, 2012

I have nothing against the rich, but our President does

Susan Rice, a leading candidate to replace Hillary Clinton as secretary of state, was worth an average $33.5 million in 2009. Hillary was worth about $31 million.  Rice’s portfolio would have sent Democrats into a media rage if she’d been a Bush appointee. I wonder how she got so rich? John Kerry who is next in line if Rice doesn’t make it is worth about $232 million.

“Some of the American and Canadian energy companies and banks that Rice holds stock in have had poor environmental track records as of late. As of 2009, Rice had between $50,000 and $100,000 in BP stock; the company was responsible for the largest marine oil spill in history in 2010 and recently was sanctioned by the EPA for its conduct. She also has as much as $1.5 million invested in Enbridge, which spilled more than a million gallons of crude oil into the Kalamazoo River in Michigan not long after the Gulf spill.

Rice has millions tied up in banks, including up to $6 million in TD Bank Financial, about $6.2 million in Royal Trust Corporation of Canada and up to $2 million in Royal Bank of Canada, which was named the nation's most environmentally irresponsible company. According to the Rainforest Action Network, Royal Bank of Canada is the top financier for companies drilling in tar sands, one of the dirtiest forms of oil, in Alberta, Canada, and has earned more than $80 million from those loans.”

http://www.opensecrets.org/news/2012/11/possible-secretary-of-state-candidate.html

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