Comment: Buffet's railroad benefits from Obama's Keystone denial

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Buffet's railroad benefits from Obama's Keystone denial

The State Department denied TransCanada a permit on Jan. 18, saying there was not enough time to study the proposal by Feb. 21, a deadline Congress imposed on President Barack Obama.

“Whatever people bring to us, we’re ready to haul,” Krista York-Wooley, a spokeswoman for Burlington Northern, a unit of Buffett’s Omaha, Nebraska-based Berkshire Hathaway Inc. (BRK/A), said in an interview. If Keystone XL “doesn’t happen, we’re here to haul.”

http://www.bloomberg.com/news/2012-01-23/buffett-s-burlingto...

Having the government subsidize your business by suppressing competitors - doesn't get much more like James Taggart than that.