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
Thursday, November 01, 2012
Obama moves quickly when an election is pending
Friday, March 18, 2011
Radical Carol Browner Energy Czar--where did she go?
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?
- 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
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
Wednesday, June 16, 2010
Day Fifty seven--Obama's been there since day one
Tuesday, June 08, 2010
Obama on BP: I want to know “whose ass to kick”
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
"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
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
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