Rick Perry's Iowa spokesman says the potential presidential candidate won't publicly advocate for the controversial Bakken oil pipeline project he has a personal stake in as newly appointed board member of Energy Transfer Partners. But Perry was on TVnews telling Iowans they “should support efforts to build the Bakken Pipeline” three days before his appointment to the board of the Fortune 500 oil company was made public.
Rekha Basu's excellent story Feb 11 for the Des Moines Register, “PAC money distorts politics, caucuses” sums up exactly why former Texas Governor Rick Perry's entanglement in a controversial, hot-potato Bakken oil pipeline fight in Iowa is such a big deal. Basu writes:
Prospective presidential candidate Perry gets a direct financial stake in a controversial oil-pipeline proposal. The Bakken pipeline, which would stretch through Iowa on its way from North Dakota to Illinois, is widely opposed by environmental and other groups. But by investing in Perry and his campaign, the company can bank on a friend in the White House to create a climate favorable for such projects. In 2012, the head of Energy Transfer Partners gave a quarter million dollars to a Super PAC for Perry. And now Perry has a seat on its board. A Perry spokesman says Perry won't be publicly promoting the pipeline, but he doesn't have to. His board presence is endorsement enough.
I hope most Americans also understand the absurdity of politicians using their office to return a debt to the deep pockets that helped get them elected.