Showing posts with label BP. Show all posts
Showing posts with label BP. Show all posts

Thursday, November 01, 2012

Obama moves quickly when an election is pending

but we all remember it took Barack Obama fourteen days to visit the gulf coast after the BP oil spill.

"On April 20, 2010 BP's Deepwater Horizon oil rig exploded in the Gulf of Mexico, killing 11 workers and commencing months of oil leaking unrestrained into the ocean. Efforts to manage the spill with controlled burning, dispersants and plugging the leak were unsuccessful until BP capped the well in mid-July, temporarily halting the flow of oil into the Gulf. The well was then successfully plugged and declared "effectively dead" on September 19." Source: http://www.huffingtonpost.com/2010/04/30/louisiana-oil-spill-2010_n_558287.html
* May 2, 2010 / U.S. pressures BP over oil spill as Obama visits Gulf: http://www.reuters.com/article/2010/05/02/us-usa-rig-leak-idUSN0121519420100502
* May 2, 2010 / Obama goes to La. to address oil spill: http://usatoday30.usatoday.com/news/nation/2010-05-02-obama-spill_N.htm
* Obama Administration Rejected Help with Oil Spill Cleanup: http://www.fortliberty.org/obama-administration-rejected-help-with-oil-spill-cleanup.html

Nanette White, FB page.

Friday, March 18, 2011

Radical Carol Browner Energy Czar--where did she go?

Yes, I know she's under the bus with Van Jones, but he got a really cool gig and gets to do a lot of speaking engagements--I think he's sort of a rock star of the left (and very good looking and a better speaker than Obama). Been there, done that, bought the t-shirt. Does she get a tour and a cushy job at a socialist think tank?

Radical Carol Browner created oil spill lies,False drilling memos « SHAWSBLOG

And now from the middle.

And now equal coverage from the left.

The most recent item I can find on Browner is that she was supposed to be the speaker at Berea College on March 3. The press release of Feb. 28 said she was [still] White House coordinator [czar] of energy and climate policy for the Obama administration, but in the description of her duties, only her past "accomplishments" were mentioned--Clinton, Albright, Gore and hiking in the Everglades as a child. It was a free event and she must have been one of the headliners when she got the gig. Next week the Berea College Country Dancers perform at 8 p.m. in Old Seabury Gym.

Thursday, August 05, 2010

BP's 20 billion--Obama was snookered by his inexperience?

This is flying around the internet in viral form, and I'm no expert on the figures, nor is the person who sent it. This piece is about BP's escrow account to compensate Gulf businesses. It's been posted, and reposted on various forums and blogs. So I googled to see where it might have originated, and found the earliest form (it gets revised as it moves along like most virals) by Dick Miller in the Savannah paper on July 1, 2010. I can't determine if it is his own work, although he has appeared in other op ed columns.
    BP dupes the president

    It seems a miracle that our beloved leader was able to convince BP to establish a $20 billion slush (oops, escrow) fund to compensate those hurt by the ongoing oil plume in the Gulf of Mexico. After all, he had no constitutional power to force them to do so; so had to resort to Chicago-style negotiating.

    But, let us take a closer look at the effect on BP's finances:

    1. BP will establish a $20 billion fund, but will pay only $7 billion into it during 2010.

    2. BP is a British corporation, but has a very large operating entity in the U.S.

    3. By generally accepted accounting principles, BP must book the entire $20 billion expense in the year accrued. Therefore, they will book a $20 billion expense in 2010, reducing their U.S. tax liability by $7 billion.

    4. Our dear leader also convinced this massive corporation to show their concern for the "small people" by withholding dividends to their shareholders for the last three quarters of 2010. This reduces their outward cash flow by about $7.5 billion, including approximately 40 percent of that amount to U.S. citizens. Assuming the Bush tax cuts will survive through 2010, the U.S. Treasury will lose another $450 million in taxes on that amount. We won't even discuss the effect on the U.S. economy.

    Let us review the results:

    BP Cash Flow:

    Escrow funding ($7 billion)

    Dividend saving $7.5 billion

    Tax savings $7 billion

    Net favorable cash flow :

    $7.5 billion

    US Treasury Tax Receipts:

    BP Corporate income tax ($7.5 billion)

    BP Shareholders ($0.45 billion)

    Net unfavorable tax receipts ($7.95 billion)

    I guess we really should expect this. After all, our dear leader is the most inexperienced man in any room he walks into.

    DICK MILLER

    Savannah

HT Murray

Update: According to the Washington Post, hardly a right wing spoof, the U.S. taxpayer may get hit even harder by the deal between Obama and BP (one of his biggest contributors going way back to his Senator years).

Saturday, July 24, 2010

Video on lack of leadership



The hasty firing of Shirley Sherrod shows the WH can move quickly when it wants to.

Wednesday, June 23, 2010

Obepa vs. Jindal and the people of the Gulf states

We have a White House out of control that ignores the Constitution--both the original one and the "living" one filled with modifications, case law and regulations. Therefore, Bobby Jindal and other Gulf state governors should just ignore the feds (EPA, HHS, DoE, MMS, Coast Guard, etc.) and do what they can to save their people and the economy. Obama is the one who put this oil spill in military terms, brought on by government regulations and sloppy oversite. It's on his watch, and it's his guys who approved BPs plans. Jindal's going to have to have the balls of a McCrystal, and go against Obama's plan to destroy us in this energy war also. What's the worst that could happen? Fines? That would have to be cheaper than closing down his economy for years as the oil industry moves to Brazil on our tax dollar. ObEPA and ObFEMA will be no help with payouts that will be years too late to save those businesses in the leisure, construction and fishery industries.

Wednesday, June 16, 2010

Day Fifty seven--Obama's been there since day one

It's day 57. "The Environmental Protection Agency (EPA), the Department of the Interior, the Department of Homeland Security, and the White House, as well as the Coast Guard, have been putting out confusing and contradictory statements since the disaster began." Morning Bell. This White House didn't create the 2010 mess, but our Federal government laid the ground work many years ago by pushing the drilling into unsafe, deep waters and into untested technology. This was not the first choice of the oil companies, nor the Gulf states. The government set a $75 million limit on liability years ago after the Exxon Alaska spill, so with that kind of permission, the drilling way off shore began. We could have had help immediately with the effects of the spill and saved thousands of livelihoods, but Obama wouldn't set aside the Jones Act because of union pressures. Now almost 3 months later at the urging of other governors of Gulf states, he's considering a waiver. Perhaps Obama is trying to beat his record of last summer where he dawdled and fumbled for 90 days over troop requests for Afghanistan? After all, didn't he call this a war? He can win this war to destroy more of the economy if he just drags it out long enough. If he can cause BP to go bankrupt, he can ruin many pension plans along with all the businesses along the coast.

Tuesday, June 08, 2010

Obama on BP: I want to know “whose ass to kick”

He might start with the federal agencies, and there's an alphabet soup bowl full of them. I'd start with MMS. Maybe there's been too much ass kissing, and Fox dissing in the White House. Obama's response to everything is always the wagging finger, the angry look, or flashing eyes. He's very unpresidential in that way. It doesn't build any confidence that he knows what he's doing. Call another commission. Threaten to fire someone whose business he doesn't own (yet). Whatever: this shows that big tenacled government doesn't respond well to really big problems. It's snarled in red tape and is preventing clean up and protection of the gulf states. If you've had a car wreck, maybe you need to get the injured to the hospital before you call the CEOs of the auto company to the White House for a tongue lashing. Today it's a mechanical/technology failure, but where will the leadership and coordinated response come from if it were a volcano, or an unidentified bacterial epidemic, or a nuclear plant failure, or collapse of the internet?

Hot Air » Obama on BP: I want to know “whose ass to kick”

Spill reveals Obama's lack of executive experience | Washington Examiner

In Gulf, It Was Unclear Who Was in Charge of Rig - NYTimes.com

Operational mistakes

Monday, May 31, 2010

Obama ‘Hasn’t Conveyed That He Really Cares’ About Oil Spill

And how many days without a press conference? That surprised me. The man is on TV constantly. And after all the press did for him he doesn't even take them to the dance.

"I look at it from the position of a journalist, and what I see is that, you know what, the messaging is just wrong. He's just not been fully engaged. He just hasn't conveyed that he really cares about this issue, and that he's not off to the side watching."

Breitbart.tv » NPR’s Williams: Obama ‘Hasn’t Conveyed That He Really Cares’ About Oil Spill

Thursday, May 27, 2010

Jindal has a plan; so does Obama

The difference in the two plans is the men's character, patriotism, and world view. Bobby Jindal is a state governor, a loyal American first,who knows he is supposed to protect the people who elected him. Barack Obama is the president of all of us who believes he is a "world citizen" first, and he gives the bird to the people on the left who elected him and his backsides to those who didn't.

Obama's plan is to dawdle, form commissions, and speechify until the gulf states are so damaged they'll have no choice but to take more handouts from the federal government. Hopefully, if his plan is successful, taxes on energy will soar, so that he'll then have even more reasons to point to "green" technology to pay off all his cronies.

Bobby Jindal for President, and the sooner the better.

Jefferson officials fully support Jindal's plan to build barrier islands against oil spill NOLA.com

Thursday, May 20, 2010

Deepwater Horizon record was exemplary--MMS

Out of 2,896 days of operation, Deep Water Horizon received 6 citations, and none of those were very serious according to Minerals Management Service (MMS). The Deepwater Horizon's record was so exemplary, according to MMS officials, that the rig was never on inspectors' informal "watch list" for problem rigs. But now there are charges and counter charges, and Associated Press who probably doesn't have anyone on staff who knows anything about these rigs, is asking a lot of questions and posing lots of possibilities. But whereever it goes, it always comes back to the responsibility of MMS and the Coast Guard, i.e., the federal government, and the fact that almost nothing was done by this administration for 9 days. The World Socialist Website see it all as BP and Transocean's fault, because how could it blame the Obama government when it doesn't believe there should even be a private oil industry? Unless it was the government of George W. Bush and a hurricane, and then the federal, not the state and local governments, are completely to blame. That too is the socialist way. . .

MMS declined to send a witness to the Senate Homeland Security and Governmental Affairs Committee’s hearing Monday on the federal response to the massive Gulf of Mexico oil spill, Committee Chairman Joe Lieberman (I-Conn.) said. I don't understand how the government can force automobile company CEOs and bank managers to show up to be grilled, and their own guys get to duck out!

Federal Inspections on Deepwater Horizon Not as Claimed - AOL News

On Oil, Mining and Banking Media Favor Regulation, Barely Notice Failures of Regulators | NewsBusters.org