Donald Trump has close financial ties to Dakota Access pipeline company

[highplainsdem]

Source: Guardian

Donald Trump’s close financial ties to Energy Transfer Partners, operators of the controversial Dakota Access oil pipeline, have been laid bare, with the presidential candidate invested in the company and receiving more than $100,000 in campaign contributions from its chief executive.
Over 120 arrested at North Dakota pipeline protests, including journalists
Read more

Trump’s financial disclosure forms show the Republican nominee has between $500,000 and $1m invested in Energy Transfer Partners, with a further $500,000 to $1m holding in Phillips 66, which will have a 25% stake in the Dakota Access project once completed.

The financial relationship runs both ways. Kelcy Warren, chief executive of Energy Transfer Partners, has given $103,000 to elect Trump and handed over a further $66,800 to the Republican National Committee since the property developer secured the GOP’s presidential nomination.

On 29 June, Warren made $3,000 in donations to Trump’s presidential campaign. The limit for individual contributions to a candidate is $2,700 per election and it’s unclear whether Trump returned $300 to Warren. Trump’s campaign was contacted for comment.

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Read more: https://www.theguardian.com/us-news/2016/oct/26/donald-trump-dakota-access-pipeline-investment-energy-transfer-partners?CMP=edit_2221

[Mc Mike]

1. I just saw this. It figures.

Thanks for posting it.

[beachbum bob]

2. this relationship has no impact on trump supporters at all, perhaps some of the

fringe Stein supporters may get it through their heads that a vote for stein (or johnson) is a vote FOR trump

[Roland99]

3. The arrests and harassment of protesters is certainly a harbinger of life under a Trump presidency

[Buzz Clik]

4. I'll go out on a limb and say that this isn't a game changer.

The only people who view that pipeline as a real issue wouldn't vote for Trump under any circumstances.

[riversedge]

5. I think you are right. Sadly (barely on any news outlet radar)

[womanofthehills]

6. Trump is also invested in the Keystone Pipeline

and said if he's elected, on his first day of office he will let the Keystone Pipeline proceed.

[okaawhatever]

7. Excellent news. Let's encourage Trump to go into business with the pipeline and he'll have it

bankrupted in no time. Two birds, one stone. Heck, a lot of people don't understand the pipeline issue, but if we tell them it's a Trump owned business they'll show up to protest anyway.

Going into business with Trump is just about the kiss of death. In this case, he's only an investor. How can we push him to take a greater stake?