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Watch: Smoke Billows From Derailed Train On Fire In Illinois | NBC News



A Union Pacific train derailed causing a tank car to catch fire in Dupo, Ill. Multiple homes in the nearby area were evacuated and billowing smoke could be seen for miles.
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Watch: Smoke Billows From Derailed Train On Fire In Illinois | NBC News

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21 comments

  1. KC Jones was driving! Troubles ahead! Troubles behind

  2. TRUMP won in N.C. last night. TRUMP owns 2020!

  3. Nothing like a good firery train crash.

  4. It looks like less emissions than what diesel Volkswagens have caused. I think it's time we put that fire on trial. The company is perfectly innocent though * shifty eyes* .

  5. I watched and yes I did see smoke billowing from a derailed train on fire.

  6. Thanks For the Geiko commercial! You greedy dix!

  7. It happened because of global warming. Please just take my money Democrats.

  8. Boy!! They weren't kidding. I did watch smoke billowing from a derailed train on fire in Illinois.

  9. Goldman spent $4.6 million for the services of 49 lobbyists. Their ranks included some of the most well-connected figures in Washington, including Democrat Richard Gephardt, a former House majority leader, and Republican Trent Lott, a former Senate majority leader, who had stepped down from the Senate two years earlier.

    Despite all those lobbyists on the payroll, Goldman made its case primarily through proxies during the debate over financial reform. “The name Goldman Sachs was so radioactive it worked to their disadvantage to be tied to an issue,” said Marcus Stanley, then a staffer for Democratic Sen. Barbara Boxer and now policy director of Americans for Financial Reform. Instead, Goldman lobbied through industry groups.

    Goldman’s people likely knew that all of Wall Street’s lobbying might could not stop the passage of the sprawling 2010 legislative package dubbed the Dodd-Frank Wall Street Reform and Consumer Protection Act. Obama was putting his muscle behind reform — “We simply cannot accept a system in which hedge funds or private equity firms inside banks can place huge, risky bets that are subsidized by taxpayers,” he said in one speech — and the Democrats enjoyed majorities in both houses of Congress. “For Goldman Sachs, the battle was over the final language,” said Dennis Kelleher of Better Markets, a Washington, D.C., lobby group that pushes for tighter financial reforms. “That way they at least had a fighting chance in the next round, when everyone turned their attention to the regulators.”

    There was a lot for Goldman Sachs to dislike about Dodd-Frank. There were small annoyances, such as “say on pay,” which ordered companies to give shareholders input on executive compensation, a source of potential embarrassment to a company that gave out $73 million in compensation for a single year’s work — as Goldman paid Cohn in 2007. There were large annoyances, such as the requirement that financial institutions deemed too big to fail, like Goldman, create a wind-down plan in case of disaster. There were the measures that would interfere with Goldman’s core businesses, such as a provision instructing the Commodity Futures Trading Commission to regulate the trading of derivatives. And yet nothing mattered to Goldman quite like the Volcker Rule, which would protect banks’ solvency by limiting their freedom to make speculative trades with their own money. Unless Goldman could initiate what Stanley called the “complexity two-step” — win a carve-out so a new rule wouldn’t interfere with legitimate business and then use that carve-out to render a rule toothless — Volcker would slam the door shut on the entire direction in which Blankfein and Cohn had taken Goldman. Within a few months, Cohn himself was in Washington to meet with a governor of the Federal Reserve, one of the key agencies charged with implementing Volcker. The visitors log at the CFTC, the agency Dodd-Frank put in charge of derivatives reform, shows that Cohn traveled to D.C. to personally meet with CFTC staffers at least six times between 2010 and 2016. Cohn also came to the capital for meetings at the SEC, another agency responsible for the Volcker Rule. There, he met with SEC chair Mary Jo White and other commissioners. “I seem to be in Washington every week trying to explain to them the unintended consequences of overregulation,” Cohn said in a talk he gave to business students at Sacred Heart University in 2015.

  10. WAKE UP EVERYONE………. JESUS IS COMING BACK VERY VERY SOON 💯

  11. Climate Change at it's worst. Your worried about personal car emmision? Electric cars won't change this accident of co2 emmisions. This is the daily risk of so much crude oil on the rail system. You don't want pipelines either. Your suggestion is no solution to a popular problem.

  12. And the Trump government continues to lower safety measures and deregulate in the name of money

  13. So much black smoke hopefully everybody is okay

  14. Wooooooo action baby…never a full moment woooooo

  15. Well that's what happens when you layoff all them employee's. And close down shops. Hope the FRA hits them hard.

  16. Wow, I have never seen a train detail before.

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