open secrets

Mon, 2013-01-21 05:00Steve Horn
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They BuyPartisan: ExxonMobil Donates $260,000 to Obama Inauguration

President Barack Obama will be publicly sworn in today - on Martin Luther King Jr. Day - to serve his second term as the 44th President of the United States.

Today is also the three-year anniversary of Citizens United v. FEC, a U.S. Supreme Court ruling that - in a 5-4 decision - deemed that corporations are “people” under the law. Former U.S. Sen. Russ Feingold (D-WI) - who now runs Progressives United (a rhetorical spin-off of Citizens United) - said in Feb. 2012 that the decision “opened floodgates of corruption” in the U.S. political system. 

Unlike for his first Inauguration, Obama has chosen to allow unlimited corporate contributions to fill the fund-raising coffers of the entity legally known as the Presidential Inaugural Committee. Last time around the block, Obama refused corporate contributions for the Inauguration Ceremony as “a commitment to change business as usual in Washington.”

But not this time. With a fundraising goal of $50 million in its sights, the Obama Administration has “opened floodgates” itself for corporate influence-peddling at the 57th Inaugural Ceremony. 

A case in point: the Obama Administration's corporate backers for the Inaurguation have spent over $283 million on lobbying since 2009, the Center for Public Integrity explained in a recent report

Thu, 2012-05-03 12:46Steve Horn
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B.C. Protest This Saturday to Stop Warren Buffett's BNSF Coal Trains

Warren Buffett, the third wealthiest man on the planet (net worth: $44 billion), often referred to as the “Oracle of Omaha,” is the target of a May 5 action called for by Stop Coal B.C. Well, not Buffett directly, but a rail company he owns through his massive holding company, Berkshire Hathaway: Burlington Northern Santa Fe (BNSF) Railway.

BNSF Railway is the second largest freight rail company in the United States and the exclusive carrier of thermal coal from coal basins in the northwestern U.S. to docks in British Columbia, where the dirty coal is exported to the global market, primarily to Asia.

The action calls for activists to blockade BNSF's four coal-loaded freight trains from reaching their final destination for the day and in the process, risk arrest. It is part of 350.org's broader “Connect the Dots” event taking place on Saturday, with actions planned throughout the world.

The Stop Coal B.C. call to action reads,

Fri, 2012-02-03 13:00Steve Horn
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Warren Buffett Exposed: The Oracle of Omaha and the Tar Sands

Credit: Pete Souza, Office of the President

On January 23, Bloomberg News reported Warren Buffett's Burlington Northern Santa Fe Railway (BNSF), owned by his lucrative holding company Berkshire Hathaway, stands to benefit greatly from President Barack Obama’s recent cancellation of the Keystone XL pipeline

If built, TransCanada's Keystone XL (KXL) pipeline would carry tar sands crude, or bitumen (“dilbit”) from Alberta, B.C. down to Port Arthur, Texas, where it would be sold on the global export market

If not built, as revealed recently by DeSmogBlog, the grass is not necessarily greener on the other side, and could include increased levels of ecologically hazardous gas flaring in the Bakken Shale, or else many other pipeline routes moving the prized dilbit to crucial global markets.

Rail is among the most important infrastructure options for ensuring tar sands crude still moves to key global markets, and the industry is pursuing rail actively. But transporting tar sands crude via rail is in many ways a dirtier alternative to the KXL pipeline. “Railroads too present environmental issues. Moving crude on trains produces more global warming gases than a pipeline,” explained Bloomberg.

A key mover and shaker behind the push for more rail shipments is Warren Buffett, known by some as the “Oracle of Omaha” – of “Buffett Tax” fame – and the third richest man in the world, with a net worth of $39 billion. With or without Keystone XL, Warren Buffett stands to profit enormously from multiple aspects of the Alberta Tar Sands project. He also, importantly, maintains close ties with President Barack Obama.

Tue, 2010-08-31 10:01Kevin Grandia
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Clean energy drowned out in Washington by a Two Billion Dollar Juggernaut

Red State bloggers are all in a tizzy over an Open Secrets article showing that the American Wind Energy Association spent over $5 million last year on lobbying politicians in Washington, DC.

It’s about time we started seeing the clean energy sector make its voice heard on Capitol Hill and I hope we see more people pushing lawmakers to consider legislation that promotes the use of clean and unlimited sources of energy like the sun and the wind.

But the hair-pulling by Red State bloggers is more than a little ridiculous when you consider that the American Wind Energy Association’s $5 million lobby expenditure is equal to about 5 minutes of lobbying by the oil and gas lobby which spent a whopping $175 million in the same time period.

Looking over the last ten years, the numbers are even more startling.

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