Tuesday, June 22, 2010

The BP Oil Disaster, Conflicts And Suspect Events

There are just too many suspect events, and conflicts of interest for the president to be credible anymore. Ron Emanuel’s comment, “never let a crisis go to waste”, has become an eerie mantra of seemingly self-fulfilling prophecy. First there was the banker bailout, the so-called $700 billion TARP (Troubled Asset Relief Program), which was presented to congress by Treasury Secretary Paulson as needed to stave off a collapse of the market and possible Marshall law, was instead handed over the Goldman Sachs to pay off Credit Default Swaps; a fact that Treasury Secretary Timothy Geithner refused to acknowledged when asked by congress.

Then there was the Health Care bill process, the back room deals Obama made with the Healthcare players (doctors, pharma, Insurance companies), the President seemed to playing against himself; the deals were made, the players were vilified, but there was no attempt by the players to defend themselves, and the final result was a mandate that everyone has to buy health insurance. However, the event that caused my gerrymander alarm to go off was Anthem Blue Cross in California. At the very time that the healthcare bill seemed dead and in the ground, Blue Cross decided to raise the premium of certain policies 40%. There were only three possibilities behind this decision. They either did not care, they were stupid, or they had a stake in the healthcare bill to succeed. The first two are unlikely and improbable (in that order) and the result was new life breathed into the bill and it passed.

Now we have the BP Oil Disaster. This time the trail to special interests and extremely suspect events is showing up all over the place.

Why did current CEO of BP Tony Hayward dump approximately one-third of his BP stocks before the oil crisis? Why did Goldman Sachs dump a hefty 44% of its BP stock prior to, particularly given that Peter Sutherland was formerly CEO of both BP and Goldman Sachs at the same time? What are the odds that former Vice-President Dick Cheney’s firm Halliburton would purchase a company which “focuses on oil spill prevention and blowout response,” just weeks before the so-called ‘biggest environmental crisis’ of all time would strike? Prisonplanet.com

In my blog White House Fraud Risks More Well Explosions, we learned that “Prior to issuing the moratorium, the White House consulted a panel of experts. According to the President, these experts agreed that a moratorium was a good idea, which outlined in his Oval Office speech. However, when the Wall Street Journal contacted some of these experts, it turns out that’s not what they said at all. The experts said they agreed a moratorium for new drilling permits was a good idea, not for current drilling. One of the experts said, “Because if anybody had [made that suggestion], we’d have said ‘that’s craziness.’” Why would it be craziness? The WSL continued, "A big reason why those experts would have balked is because they recognize that the moratorium is indeed a threat to safety… The ban requires oil companies to abandon uncompleted wells. The process of discontinuing a well, and then later re-entering it, introduces unnecessary risk. He notes BP was in the process of abandoning its well when the blowout happened."

What was not mentioned by Prison Planet is the part George Soros is playing in all this. For those that don’t know, George Soros is a billionare of unknown citizenship, who believes in socialism and world governance; not for the welfare of the collective, but so the economies of the world can be planned and manipulated much like fascism. George Soros is also a heavy contributor to the extreme left wing of the Democratic and controls steering committees that seem to be dictating the polices of the President. George Soros recently invested $900 million investment in Petrobras, Brazil’s state owned oil company. Immediately following Soros investment, President Obama guaranteed loans to Petrobras at the tune of $2 billion (actually $10 billion). To this day the President has refused to explain why US dollars have been promised to a profitable nationalized oil company supposedly to drill deep-water drills off the coast of Brazil. The result of the moratorium will open the door for Petrobras, to supply the oil that was previously supplied by US Gulf wells. It will also free up drilling platforms previously used by with US wells, to Petrobras and other oil companies that are already bidding for the platforms.

The result of all this is the President not wasting another crisis and using the disaster to push for his Cap and Trade legislation. Contrary to popular belief BP is heavily invested in so-called green technology and carbon credits; as is Goldman Sachs and George Soros. So the worse the oil disaster gets, the better for those invested in carbon credits. The end result of the president’s energy legislation is non-green energy will necessarily skyrocket to pay for green energy jobs. In Spain this resulted in 2 jobs lost for every green job gained. In the President's Oval Office Speech he explained this with,

"As we recover from this recession, the transition to clean energy has the potential to grow our economy and create millions of good, middle-class jobs – but only if we accelerate that transition. Only if we seize the moment. And only if we rally together and act as one nation – workers and entrepreneurs; scientists and citizens; the public and private sectors,” and “..what has defined us as a nation since our founding is our capacity to shape our destiny – our determination to fight for the America we want for our children. Even if we’re unsure exactly what that looks like. Even if we don’t yet know precisely how to get there. We know we’ll get there."

So there you go, “Never let a crisis go to waste”, “Under my plan of a cap and trade system, electricity rates would necessarily skyrocket," and “Even if we don’t yet know precisely how to get there. We know we’ll get there;” The department of energy has been around since Jimmy Carter's time, with the stated purpose of reducing America's reliance on oil and we still don’t have a green replacement for fossil fuels. The later statement by the President says he needs hundreds of billions of new taxes, so he can legislate innovation originating from some unknown direction before it bankrupts the country; someone needs to tell him that’s not how it works.

It is almost beyond reason that these crises were somehow not planned. The idea the back-story to the BP Oil Disaster is arbitrary is beyond belief. Recently a federal court blocked the Presidents oil drilling moratorium in the Gulf and The White House promised an immediate appeal. What the court looked at is long range effect of the moratorium. The same experts on the panel that said the moratorium was “craziness” also said, "It will not measurably reduce risk further and it will have a lasting impact on the nation's economy which may be greater than that of the oil spill." However U.S. District Judge Martin Feldman’s primary consideration was the historical safety of off shore oil drilling. Since Bill Clinton forced drilling into deep water 3600 wells have been drilled and this is the first major spill, including the 30,000 other wells in the gulf. "If some drilling equipment parts are flawed, is it rational to say all are?" he asked. "Are all airplanes a danger because one was? All oil tankers like Exxon Valdez? All trains? All mines? That sort of thinking seems heavy-handed, and rather overbearing." The judge brought up the point that there will still be oil tankers in the gulf and their safety history is much worse, to which the White House had no response.

The President appears to be establishing political power by manipulating crises. It is inexcusable that the White House has allowed the Army Corp of Engineers and Coast Guard to stop local attempts to protect the estuaries. Also, rather than investigate the money trail behind the BP oil disaster, the White House seeks to illegally enrich entities outside the United States, such as George Soros and Petrobras. This at the expense of US national security, as no country ever prospered by denying itself its natural resources. When the President decides to ignore the wants and needs of the American people, he is also ignoring Newtonian Physics; to every action there is always an equal and opposite reaction. Obama once said America, “clings to their guns and religion” when frustrated; the can only be considered a negative to someone who is blind to god, the Constitution and love of country.

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