This Means Tammy’s a “No” on Rice, Right?
There’s good oppo, and then there’s good oppo which comes back to bite you in the ass politically.
We’re about to see the latter.
The Washington Free Beacon reports that likely Secretary of State Designate and current U.S Ambassador to the United Nations Susan Rice has substantial investments in companies that deal with Iran. As we well know from the just completed U.S. Senate race here in Wisconsin, our newest junior Senator has some (apparent) major league issues with those who have investments in companies that do business with Iran.
Rice has the highest net worth of executive branch members, with a fortune estimated between $24 to $44 million, according to the Center for Responsive Politics. A Free Beacon analysis of Rice’s portfolio shows thousands of dollars invested in at least three separate companies cited by lawmakers on Capitol Hill for doing business in Iran’s oil and gas sector.
The revelation of these investments could pose a problem for Rice if she is tapped by President Barack Obama to replace Clinton. Among the responsibilities of the next secretary of state will be a showdown with Iran over its nuclear enrichment program.
“That Susan Rice invested in companies doing business in Iran shows either the Obama administration’s lack of seriousness regarding Iran or Rice’s own immorality,” said Michael Rubin, a former Pentagon adviser on Iran and Iraq. “Either way, her actions undercut her ability to demand our allies unity on Iran.”
The companies in question appear to have conducted business with Tehran well after Western governments began to urge divestment from the rogue nation, which has continued to enrich uranium near levels needed to build a nuclear bomb.
Royal Dutch Shell currently owes Iran nearly $1 billion in back payments for crude oil that it purchased before Western economic sanctions crippled Tehran’s ability to process oil payments, Reuters reported.
For comparison, yes, Royal Dutch Shell was one of the seven firms the Tammy Baldwin campaign for Senate when apoplectic on against Tommy Thompson for holding. However, Tommy held on $17,000, which is anywhere from three to six times fewer than what Rice appears to be hold.
Hell, the entire former Thompson Iranian portfolio (just under $50,000) was less than Rice’s Royal Dutch Shell holdings alone.
So, of course comes the obvious question to Baldwin: IF Iranian investments were bad when Tommy did it, how is it different when the potential next Secretary of State is doing it? And if so, does that mean you will vote against her confirmation if the President nominates her?
I’m sure Dan Bice will jump right on that one…