When people asked the guy who Obama called a "financial advisor" during the campaign - and who is a Goldman Sachs stakeholder - Warren Buffet, why he went out and bought Burlington Northern, whose revenues were way down, he said it was because he always like railroad trains as a kid. How could we be not realize the the fix was already in for the insider's insider? Look who benefits from Obama's $8 billion rail grant:
"Freight railroads, which own much of the rail infrastructure outside the Northeast, would also play a key role in facilitating high-speed. The biggest freight lines include CSX Corp, Union Pacific Corp, Burlington Northern Santa Fe Corp, and Norfolk Southern Corp."
If that's not enough, who can forget this about that FOX News fighter and Obama defender, Jeffrey Immelt?
"Feb 6, 2009 ... President Barack Obama has named Jeffrey Immelt, CEO of NBC Universal parent GE, to his new economic advisory board."
It's not hard to guess who else benefits from Obama's $8 billion giveaway:
"Other companies that could factor in new U.S. rail investment include steelmakers and construction firms as well as locomotive manufacturer and equipment supplier GE Transportation, a unit of GENERAL ELECTRIC, CO"
This is a looting political crony system that just won't quit. More and more taxpayers' tithing money just keeps pouring in for "All the President's Men".