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Events now on an epic house hearing on the Keystone Pipeline.
After democratic congressman Henry Waxman calls for the Coke Brothers to be subpoenaed.
These -- big Republican donors.
The California Democrat wants these investors to come in before congress -- answer questions about how they might profit from the pipeline.
Charles and David -- owners of Coke industries one of the largest privately held companies in the United States.
Asking Coke Brothers.
To appear because the Coen Brothers have nothing to do with this project final order mr.
chairman you've made a statement where you would -- recognized for the time.
You cut me out in the middle of the senate.
Now we're gonna recess this hearing for ten minutes and then we're gonna come back are you calling the Coke Brothers during the recess.
Let me tell you sense and he wanted to talk about that let's talk about -- may in some dollars.
That the Obama administration -- -- -- the -- -- To people like George Kaiser was after bundling and an order of the president of would you like for us and -- you like -- the subpoena him to -- you and erupting members and then you take a limited time for yourself.
I'm the chairman and I'm telling you -- -- right now we're gonna recess for ten minutes.
Joining me now Fox Business -- do -- who's the anchor of FBN's Barney and company.
-- that was represented -- Ed Whitfield who's a Republican at Kentucky he chairs the committee.
And I was not happy about this demand by Henry Waxman.
Waxes the same guy who wanted to pull the Bankston right -- After obamacare was implemented or did the president's health care law.
Planning and you explain -- they had to readjust their bottom lines and then he got also -- -- push back but doing that now why does he want the Coke Brothers to come to for congress call.
-- Waxman wants to see -- the pipeline by associating it with David and Charles co -- law.
Very wealthy and they support free market generally conservative causes congressman -- Waxman wants to establish a link.
Pipeline Coke Brothers.
That other -- he's Republicans are pushing for this not because it's in the American people's best interests but because they're trying to.
He's the Coke Brothers I think he's more specific than that comes from Waxman does not want the pipeline.
He's trying to smear it by saying these rich guys these -- -- that for it then link to it that for the pipeline must be -- he is factually wrong.
I've been in touch with the -- -- and a spokesman.
The Coke Brothers Coke industries that is second largest private company in America.
They have no financial stake in the pipeline they did not design it they have no role in its construction.
They would not put oil in it if it were -- they wouldn't bought oil from its if it will build they have taken no legislative position.
On the pipeline but they have a subsidiary that has asked for intervene Iraq that is in the conduct of the litigation going on -- yes and that's what comes from Waxman is seizing -- In fact he's misunderstanding.
Watson into -- -- nor is.
And into -- is simply a person -- group which wants more information about the project.
Although it into -- -- with the Canadian permitting authority is Shell Oil the Sierra Club.
Yeah -- to federation of labor there are dozens of these into -- -- who -- simply.
Asked for information about the permitting process for the pipeline.
That does not mean that the Coke industries and Coen Brothers have any financial stake in the pipeline or interest in getting it built.
Let's say that they that they do have some.
Financial interest in something so -- but does that -- so -- I mean how is that relevant to discussions there haven't.
That there is no relevance to look at it if they were in favorite what's wrong with -- Coke industries employs 50000 people Coke industries is in energy -- chemicals fertilize all kinds of those baseline products that's what they do -- 98 billion dollars a year why shouldn't they have a statement of what a bit for the pipeline.
Or against well and -- -- they don't and it came out earlier this week that Warren Buffett whose you know a big.
Fan of the president of vice Versa that he may have a stake in seeing the pipeline denied the request but is there anything without adding that this American business -- has a meaning they have a bad feeling about.
The pipeline -- -- another.
If US secretly supporting the project in which you have a financial interest and you would gain financially if that project -- completed.
I could see something wrong with that it.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- Swing at them.
The Coke Brothers all the bogey -- all of the left the -- -- actively support whit -- money free markets they support capitalism.
Congressman Waxman doesn't like that and he doesn't like the pipeline so if he can get a Coke Brothers involved bring them before congress have on the stand up and take the oath.
He thinks he can smear the pipeline and -- -- defeat it in fact there is no connection.
Between Coke industries the Coke Brothers and the pipeline here.
-- -- -- -- Is that not a legitimate -- bogey bogey.
That was wrong with that boogie -- there was no loss it.
It's which language you speak up not the queen's English that in my via banks go down -- -- -- it.
It's -- -- different.
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