According to the Wayne Madsen Report (WMR) sources within the U.S. Army Corps of Engineers and the Federal Emergency Management Agency (FEMA), the Pentagon and Interior and Energy Departments told the Obama Administration that the newly-discovered estimated 3-4 billion barrels of oil in the Gulf of Mexico would cover America’s oil needs for up to eight months if there was a military attack on Iran that resulted in the bottling up of the Strait of Hormuz to oil tanker traffic, resulting in a cut-off of oil to the United States from the Persian Gulf.
June 23rd, 2010 | Posted in Web-Only Content | Read More »
The President of the United States was up to his old tricks on Tuesday night when he addressed the nation with his plan to clean up the Gulf of Mexico and prevent future spills. These old tricks were the usual; read words off a teleprompter, avoid the central issues, misdirect the current crisis to achieve an ancillary agenda and claim total competency while blaming everybody else. There were some highly inaccurate statements in the President’s speech even by his standards, however the most glaring is the claim that the Federal government is taking all the steps they can to protect the coastline and the fragile Gulf region. This is simply not the case. The Federal Government has routinely refused viable methods (see previous post here) with the most egregious example being the refusal to waive the Merchant Marine Act of 1920 also known as the Jones Act. An Administration so fascinated by the power of executive fiat is stuggling to satisfy the Left with their lack of response and Executive dictation in regards to the Gulf spill.
June 17th, 2010 | Posted in Web-Only Content | Read More »
By: Timothy P. Carney
Examiner Columnist
June 9, 2010
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As BP’s Deepwater Horizon oil rig was sinking on April 22, Sen. John Kerry, D-Mass., was on the phone with allies in his push for climate legislation, telling them he would soon roll out the Senate climate bill with the support of the utility industry and three oil companies — including BP, according to the Washington Post.
Kerry never got to have his photo op with BP chief executive Tony Hayward and other regulation-friendly corporate chieftains. Within days, Republican co-sponsor Lindsey Graham, R-S.C., repudiated the bill following a spat about immigration, and Democrats went back to the drawing board.
June 15th, 2010 | Posted in Web-Only Content | Read More »
In a highly predictable move, President Obama has decided to use to the Gulf Oil spill to further his Holy War in the name of Mother Gaia by surprise, surprise, having all Americans pay taxes for carbon use.
“Mr. Obama does not plan to be specific about whether he wants legislation to put a price on carbon, a senior administration official said, as he called for in a speech earlier this month.”
This added to the expiration of the tax cuts in 2011 (which shifted the burden upward despite the rhetoric of “tax cuts for the wealthy”), capital gains tax increases and as many as 15 new taxes in the Obamacare, the President continues to stupefy voters with his constant campaigning with “no tax increases on anyone making under $250,000″ while doing just that. Mr. Obama and the Democrats of course claim that only BP will be paying for the cleanup of the Gulf. Euphemisms aside (since many new taxes are simply called “fees”), whether Mr. Obama plans to fine and tax BP directly for the spill does not matter since in the end consumers will pay with higher costs. This most certainly will be the case since Mr. Obama intends to punish the entire fossil fuel industry for the disaster on the Gulf.
June 15th, 2010 | Posted in Web-Only Content | Read More »
British families of 9/11 victims described Barack Obama as ‘cruel’ yesterday for comparing the terrorist outrage to the BP oil spill.
The U.S. president said there were ‘echoes’ between the Gulf of Mexico disaster and the Al Qaeda suicide attacks which killed 2,995 people, including 67 Britons.
He said that just as the events of September 11, 2001, had profoundly shaped ‘our view of our vulnerabilities and our foreign policy’, so the oil disaster would shape thinking on the environment and energy for years to come.
Those who lost loved ones when terrorists flew hijacked planes into the Twin Towers of New York’s World Trade Centre said Mr Obama’s remarks were yet another attempt to slur the UK.
June 14th, 2010 | Posted in Web-Only Content | Read More »
Many people argue that the Federal Government deserves no blame in the handling of the BP oil spill. The claim is that any comparisons to Katrina are apples to oranges since the Federal Government could have done something in the minutes after Katrina due to the advanced warning yet they chose not to act. The argument continues that with the Deep Horizon oil well explosion there were no advanced warnings and the government is limited in their options and expertise in how to handle such an event. Most of this argument has already been debunked because there were plenty of signs of regulatory creep in the MMS as well as a highly publicized NOAA oil spill contingency plan that was ignored until it was too late. This is not the end of the story. There is new evidence emerging about just how absent the Federal Government has been in their response to the oil catastrophe in the Gulf.
http://www.chron.com/disp/story.mpl/business/steffy/7043272.html
“Three days after the explosion of the Deepwater Horizon in the Gulf of Mexico, the Dutch government offered to help.
It was willing to provide ships outfitted with oil-skimming booms, and it proposed a plan for building sand barriers to protect sensitive marshlands.
June 11th, 2010 | Posted in Web-Only Content | Read More »
Not suprisingly there are some interesting connections between America’s favorite Whipping Boys Goldman Sachs and BP.
Peter Sutherland:
According to his September 2009 bio:
Peter Sutherland is chairman of BP plc (1997 – current). He is also chairman of Goldman Sachs International (1995 – current). He was appointed chairman of the London School of Economics in 2008…. Before these appointments, he was the founding director-general of the World Trade Organisation. He had previously served as director general of GATT since July 1993 [and was] chairman of the Board of Governors of the European Institute of Public Administration (Maastricht) 1991-1996.
Sutherland resigned as BP’s chairman in 2009, but apparently still serves in various key capacities.
June 10th, 2010 | Posted in Web-Only Content | Read More »
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