Why Obama May Be About to Give a Giant Handout Out to the Billionaire Koch Brothers

The Koch Brothers

The brothers control nearly 25% of the tar sands crude that is imported into the US and own mining companies, oil terminals, and refineries all along the Keystone XL route.

October 20, 2011

Here's a unique political strategy for you: in the lead up to a crucial election, as anti-corporate sentiment is sweeping the nation, consider giving a huge handout to a major corporation that happens to be your biggest political enemy and is already spending hundreds of millions to defeat you and your agenda.

If that seems too crazy to believe, welcome to the Obama 2012 campaign.

Right now, President Obama is faced with the most crucial environmental decisions he is going to face before the 2012 election: whether or not to approve the permit for the controversial Keystone XL pipeline, a 1,700 mile fuse to the largest carbon bomb on the continent, the Canadian tar sands.

The Keystone XL isn't just an XL environmental disaster -- the nation's top climate scientists say that fully exploiting the tar sands could mean "essentially game over" for the climate -- it also happens to be an XL sized handout to Big Oil and, you guessed it, the Brothers Koch. You want fries with that?  READ MORE