As a rule, when Republicans claim to be environmentalists, it’s usually a good idea to check under the hood. But, Tom Kean Jr. has taken the bizarro world of “clear skies” up-is-down Bush environmentalism to a new level.
While Junior claims to oppose offshore oil drilling, and while Senator Menendez actually fights against offshore oil drilling, Junior has been investing(!) in the nation’s largest offshore oil drilling company.
According to the Democratic State Committee, along with as much as $800,000 in oil industry stocks, Tom Kean Jr. holds a personal investment between $50,000 and $100,000 in Transocean, Inc., a notorious proponent of oil exploration and drilling in ocean waters.
Congressman Pallone calls it as he sees it in a statement today:
“Tom Kean Jr wants the voters to think he is opposed to offshore drilling but he doesn’t put his money where his mouth is,” said Congressman Pallone. “He is literally invested in the fortunes of a company and an industry determined to put drilling rigs off the Jersey Shore. His investment gives the company additional resources to pursue their plans for drilling and the industry gives him a share of the profits.”
But wait – if Junior says he’s opposed to offshore drilling, shouldn’t we believe him, you ask? Ummm, no, says Pallone, delivering the prize line of the day:
“When Bob Menendez hears that companies want to drill in the Atlantic, he sees a threat to the Jersey Shore. When Tom Kean Jr. hears that companies want to drill in the Atlantic, he sees an investment opportunity.”