Showing posts with label oil spill. Show all posts
Showing posts with label oil spill. Show all posts
Monday, June 28, 2010
Tuesday, June 1, 2010
Thursday, May 27, 2010
Saturday, May 22, 2010
Wednesday, May 19, 2010
Continuing Ogre-oid: Trans-Ocean to Hide Money
After the chief executive of Transocean Ltd., owner of the Deepwater Horizon rig, held a closed-door meeting with shareholders Friday, the company issued a terse statement after the Zurich stock market closed saying it would distribute some $1 billion in dividend to shareholders. News of the dividends, which amount to about $3.11 per share, came just days after company chief executive Steven Newman appeared before Congress to explain his company’s involvement in the massive Gulf of Mexico oil spill.When a company facing claims that exceed its assets makes distributions out to its shareholders, this may be attacked as a preference or a fraudulent conveyance under debtor-creditor law in many jurisdictions. But moving the money down the line to shareholders makes it much more unlikely that much of it will ever be recovered by the parties suffering from the leaks in the Gulf of Mexico—like fishermen, owners of coastal resorts, and the United States, which is now preparing to assume control of the efforts to stem the leak and launch a clean-up following the demonstrated inability of British Petroleum, Halliburton, and Transocean to do so. via
Friday, May 14, 2010
Ogre-oids, May 14, 2010
Here's a list of Ogre-oids for tonight's (2010, May 14) MoPod episode:
U.S. is alleged to have allowed off-shore drilling without federally required permits. These projects include the one that recently led to the massive explosion in the Gulf of Mexico, an on-going epic ecological and economic catastrophe. Failure to secure permits before drilling ignores an endangered species requirement and warnings from scientists about the effects a disaster like the one that has happened courtesy BP and Halliburton. Biologists claim they have been bullied by agency officials to change the findings of their internal studies designed to assess the impact of off-shore drilling on marine life and the environment.
Relatedly, the government deliberately has been underestimating the volume of the oil spill, according to scientists who have criticized BP for not using well-known scientific techniques that would yield a more precise figure.
The Pope criticizes abortion and gay marriage during his trip to Portugual: more archaic hypocriscy from a haven for pedophiles unparalleled since the closure of Michael Jackson's "Neverland."
Obama expands plans to "modernize" U.S. nuclear arsenal. A biased verb choice for a plan that is out-of-date in an international age where secret agents and special forces should be hunting down and killing terrorist leaders instead of clinging to Reagan-era weapons stockpiling and perpetuating the military-industrial complex that siphons tons of money to lucrative deals with arms makers and dealers. This country is backwards, and lives in the illusion that increased military spending somehow counterbalances America's chronic military incompetence.
Hawaii Governor Linda Lingle (R) signed into a law allowing state workers to ignore repeated requests for the countless people obsessed with President Obama's actual place of birth. After two years of attempting to accommodate requests and assuage skeptics, the barrage of hostile emails and requests continue from people who are determined to believe that Obama is not American, no matter how much documentation or verification to the contrary.
Arizona bigots follow up Aryan anti illegal immigrant legislation with a law that will cut funding by 10% for Tuscon school systems that continue ethnic studies programs that State Superintendent Tom Horne insists "divides kids by race." Gov. Jan Brewer's spokesman says schools should recognize people as individuals not members of racial groups. Doesn't sound consistent with the rationale behind Arizona's illegal immigration legislation. Besides being anti-educational and ideologically driven to promote the message that "this is America, the land of opportunity, and if you work hard enough you can achieve anything," this agenda aims at silencing any cultural perspective besides that of rich conservative Americans and ending a program that has helped increase college enrollment by Hispanics.
U.S. is alleged to have allowed off-shore drilling without federally required permits. These projects include the one that recently led to the massive explosion in the Gulf of Mexico, an on-going epic ecological and economic catastrophe. Failure to secure permits before drilling ignores an endangered species requirement and warnings from scientists about the effects a disaster like the one that has happened courtesy BP and Halliburton. Biologists claim they have been bullied by agency officials to change the findings of their internal studies designed to assess the impact of off-shore drilling on marine life and the environment.
Relatedly, the government deliberately has been underestimating the volume of the oil spill, according to scientists who have criticized BP for not using well-known scientific techniques that would yield a more precise figure.
The Pope criticizes abortion and gay marriage during his trip to Portugual: more archaic hypocriscy from a haven for pedophiles unparalleled since the closure of Michael Jackson's "Neverland."
Obama expands plans to "modernize" U.S. nuclear arsenal. A biased verb choice for a plan that is out-of-date in an international age where secret agents and special forces should be hunting down and killing terrorist leaders instead of clinging to Reagan-era weapons stockpiling and perpetuating the military-industrial complex that siphons tons of money to lucrative deals with arms makers and dealers. This country is backwards, and lives in the illusion that increased military spending somehow counterbalances America's chronic military incompetence.
Hawaii Governor Linda Lingle (R) signed into a law allowing state workers to ignore repeated requests for the countless people obsessed with President Obama's actual place of birth. After two years of attempting to accommodate requests and assuage skeptics, the barrage of hostile emails and requests continue from people who are determined to believe that Obama is not American, no matter how much documentation or verification to the contrary.
Arizona bigots follow up Aryan anti illegal immigrant legislation with a law that will cut funding by 10% for Tuscon school systems that continue ethnic studies programs that State Superintendent Tom Horne insists "divides kids by race." Gov. Jan Brewer's spokesman says schools should recognize people as individuals not members of racial groups. Doesn't sound consistent with the rationale behind Arizona's illegal immigration legislation. Besides being anti-educational and ideologically driven to promote the message that "this is America, the land of opportunity, and if you work hard enough you can achieve anything," this agenda aims at silencing any cultural perspective besides that of rich conservative Americans and ending a program that has helped increase college enrollment by Hispanics.
Thursday, May 6, 2010
Tuesday, May 4, 2010
Continuing Ogre-oid: Michael "Brownie" Brown
Ex-FEMA director Michael Brown today claimed that President Obama waited to respond to the oil spill in the Gulf of Mexico because he wanted an excuse to shut down offshore drilling.
more at TPM
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