-
Discuss politics - join our community by registering for free here! HOP - the political discussion forum
Oil Spill
- Thread starter Gipper
- Start date
Werbung:
pocketfullofshells
Well-Known Member
are you like, on crack or something? First
BP IS RESPONSIBLE...I don't know why thats so hard for you to grasp
2nd...How would they take over...a British Company? Invade the UK? I would like to see you post any real talk of this...I suspect you can't do that.
So typical of the Right wing Business can do no wrong, all government is evil...BP Drills for oil..Profits from Oil...Rig Blows up and BP LIes, and fails to fix issue as it had no plans to do it as they said they did....So its the government fault, and BP is a scapegoat.
Gipper
Well-Known Member
BP had an accident and is going to pay dearly, but the pols will likely demonize them to hide their own failures.
You no doubt think the US Government who has proven itself incompetent in numerous ways can fix all things. Crazy or what?
pocketfullofshells
Well-Known Member
I am just going to guess you can't read or something sine I pointed out many times the goverment can't fix this ...
Also they had a accident...due to cost cutting most likey...have lied daily about it....and are now talking about finding ways to no pay all the costs...leaving the tax payers with a nice bill....
But god help us if we are mad about being stuck with a bill and lied to...and cleaning up there mess so they can make profits and cut costs
That's about as likely to happen as what Scotsman just described. What will actually happen is a bunch of partisan finger pointing, followed by business as usual. Count on it. Next time, and there will be a next time, the whole process will repeat itself.
The Scotsman
Well-Known Member
The last time was with Piper Alpha where significant advances where made. The energy sector tends to be quite responsive to accident investigation just like the aerospace industry because it impacts on their cost base and profitability - it's called tombstone technology! You learn from you failures and invest in your risk analysis.
Ah yes....Piper Alpha that time when the American company Occidental Petroleum killed 167 men when it blew up following some rather dubious operating procedures. That prompted a real outcry in America as well didn't it............ yeah right........like f@@k it did.......
Gipper
Well-Known Member
Here it is from a left wing magazine Rolling Stone. It clearly shows big government fails every time its tried. Same old story.
But, this won't convince the useful liberal idiots who continue to believe in socialism and hate capitalism. Their likely response will be more government which will lead to more disasters, less freedom, and poverty for all but the lib elite.
But, this won't convince the useful liberal idiots who continue to believe in socialism and hate capitalism. Their likely response will be more government which will lead to more disasters, less freedom, and poverty for all but the lib elite.
pocketfullofshells
Well-Known Member
I like how threw all of this, the idea that Private company can F up and destroy whole sections of our Econ, and Environment...never ever reaches you
Gypsy
Member
- Joined
- Feb 10, 2010
- Messages
- 10
Hi, new member here! I have a question or two.
1. How can anyone compare Obama's response to a manmade disaster that is ruining our ecosystem to Bush's response to a natural disaster that left people on their roofs begging for help? When the spill happened, the Coast Guard was deployed immediately. When the levees broke CNN and Sean Penn made it to NO before FEMA. Even when FEMA did make it there, they didn't know that people were at the convention center. I knew. Anyone who watched TV knew. Anyone on the internet knew. Anyone with a newspaper knew. Why didn't our government?
2. Who is responsible for the clean up and damages to the economy? This is BP's baby. There were warnings. BP chose to continue on rather than risk losing a few millions. Eventually, karma trumps greed.
1. How can anyone compare Obama's response to a manmade disaster that is ruining our ecosystem to Bush's response to a natural disaster that left people on their roofs begging for help? When the spill happened, the Coast Guard was deployed immediately. When the levees broke CNN and Sean Penn made it to NO before FEMA. Even when FEMA did make it there, they didn't know that people were at the convention center. I knew. Anyone who watched TV knew. Anyone on the internet knew. Anyone with a newspaper knew. Why didn't our government?
2. Who is responsible for the clean up and damages to the economy? This is BP's baby. There were warnings. BP chose to continue on rather than risk losing a few millions. Eventually, karma trumps greed.
Nick_Lucas
New Member
- Joined
- Jun 12, 2010
- Messages
- 1
BP & Goldman Sachs: Conspiracy or Coincidence?
By: Nick Lucas
nicklucas01@yahoo.com
*Following this brief article you will find a list of references which back up my independent research/investigation. Please ask any and all questions for clarification. Please share this information with as many people as possible.
Many stories regarding BP’s Deepwater Horizon Oil Rig continue to appear alleging selling of stock prior to the sinking of the rig due to inside knowledge of the possibility of this catastrophic event. Along with these stories are also stories regarding BP and associates’ refusal to acknowledge warning signs prior to the oil rig disaster. The following are the facts and are undisputed. Conspiracy or coincidence; you decide.
On April 20, 2010 news of a fire on BP’s Deepwater Horizon Oil Rig in the Gulf of Mexico broke. Due to the fire and later sinking of the rig, BP has been trying to cap and capture the leaking oil from the sea floor for nearly two months. Prior to this event, Goldman Sachs owned 40% of BP’s stock; to be exact 6,025,387 shares. By close of the market on March 31, 2010 Goldman Sachs sold 4,680,822 shares of BP stock. On the 31st of March BP’s stock had an open price of $56.69 and a closing price of $57.07. Various web articles and blogs claim that Goldman Sachs made 250 million dollars by selling this stock three weeks prior to the sinking of the oil rig in the Gulf of Mexico. By multiplying the amount of stock sold and the average of the daily price this would be true. Selling the stock prior to the catastrophic accident leaves many wondering whether this was all by luck or if Goldman Sachs was in a position to know that it was a safe bet to sell the stock before the oil rig event occurred.
The first question to ask is if there are any ties between BP and Goldman Sachs beyond stock ownership. Peter Sutherland is the Advisory Director and Chairman and also the Managing Director of Goldman Sachs International. Mr. Sutherland is also the Non-Executive Director, Chairman of Chairmans Committee and Member of the Nomination Committee from 1995 to the Present date for BP plc. Peter Sutherland is also the Non Executive Chairman, Chairman of the Nomination Committee and Chairman of Chairmans Committee from 1995 to the present date for BP Solar International Inc. which is a subsidiary of BP plc. Furthermore, Peter Sutherland is the Non-Executive Director, Chairman of the Nominating Committee and Chairman of Chairmans Committee for BP Trinidad & Tobago LLC which is also a subsidiary of BP plc. The bottom line is that Peter Sutherland is a director for both BP and Goldman Sachs. This information is confirmed by the Bloomberg Business Directory. The only question now is if the connection between Goldman Sachs and BP is strong enough for inside information to flow.
According to several news sources such as the Borowitz Report, the United States Government found an email during their newly launched investigation into BP from Goldman Sachs employee Fabrice Tourre in which he bragged to a girlfriend that the firm was taking a “big short” position on the gulf. “One oil rig goes down and we're going to be rolling in dough," Mr. Tourre wrote in one email. "Suck it, fishies and birdies!” This email was sent prior to the oil rig incident at the time of the selling of the stock. The fact that the U.S Government is looking through Goldman Sachs computers and files while investigating BP would lead one to believe that the connection is strong enough between BP and Goldman Sachs for inside information to flow.
The second and possibly the most important question to ask is simply if BP knew that the Deepwater Horizon Oil Rig was in danger of catastrophe. This question is of such importance as the above would only stand if BP knew or had sufficient warning. Furthermore, if BP did have this knowledge they clearly intended to profit at the expense of the environment, human life, and the economy. Internal documents from BP, which Congress now has as they conduct their investigation, have shown that there were sufficient warnings as the Deepwater Horizon Oil Rig had serious problems. These problems included the well casing and the blowout preventer. The internal documents reveal that BP noted in March after encountering several problems on the Deepwater Horizon Oil Rig that they were struggling with a loss of “well control.” Furthermore, the internal documents illustrate that BP had concerns as far back as 11 months prior to March regarding the well casing and the blowout preventer. Although rig workers warned against continuing to drill and continuing to drill violated company policies, the rig continued to operate after gaining approval from BP colleagues.
President Obama has had harsh words as of late for BP. Many people have and continue to question the President’s response time and feel that the President has been emotionally removed from the crisis. Only after the President’s approval rating took a dive and outrage from the Gulf towards the President became so loud it was heard in Washington did the President begin visiting the Gulf on a regular basis and talking tough with regards to BP. The government has taken a look into computer systems at Goldman Sachs or else the email mentioned above would not have been found. Many wonder why the President’s initial reaction was so lack luster in nature. Could it be that BP and Goldman Sachs are connected so closely? On May 03, 2007 Barack Obama attended an event that was not on his public calendar and only surfaced because a news reporter, Brokaw, arranged to do an unannounced interview at the private Goldman Sachs dinner. Obama did not grant the approval or know of the interview rather Goldman Sachs granted Brokaw’s request. It would be against Federal Law for Goldman Sachs to have contributed to the Obama campaign. However, Goldman Sachs members contributed $739,521 making Goldman Sachs members the largest contributor to the Obama campaign. Today the Obama Administration is full of former Goldman Sachs employees such as Stephen Friedman, Chairman of Obama’s Foreign Intelligence Advisory Board. Mr. Friedman was a Goldman Sachs employee for many years in various positions and still serves on Goldman Sachs Board. Gary Gensler is the chairman of the U.S. Commodity Futures Trading Commission under President Barack Obama; Gary Gensler spent 18 years working for Goldman Sachs. There are many more individuals who are in the Obama administration who either worked directly for, do, or have strong connections with Goldman Sachs.
Above are the facts that certain officials are trying to keep quiet in effort to keep the masses under control. However, these are facts that are undisputed by even the highest levels of the United States Government and BP once specifically questioned. Is all of this a coincidence or is it a conspiracy that many are trying to cover up?
References:
BP Stock Ownership as of March 31 2010 – Goldman Sachs what they owned and what they sold.
http://moneycentral.msn.com/ownership?Holding=Institutional+Ownership&Symbol=BP
Bloomberg Peter D. Sutherland List of Positions
http://investing.businessweek.com/b...ckRock Credit Allocation Income Trust II, Inc.
Obama interviewed by Brokaw at private Goldman Sachs dinner
http://blogs.suntimes.com/sweet/2008/10/obama_interviewed_by_brokaw_at.html
Documents Show Early Worries About Safety of Rig
http://www.nytimes.com/2010/05/30/us/30rig.html?pagewanted=
Rig survivors: BP ordered shortcut on day of blast
http://www.cnn.com/2010/US/06/08/oil.rig.warning.signs/index.html
Why BP will be the next bailout
http://www.nypost.com/p/news/opinio...ll_be_the_next_bailout_hvrvH54dE8Luyjl9JJavOK
Goldman Sachs Reveals it Shorted Gulf of Mexico
http://www.huffingtonpost.com/andy-borowitz/goldman-sachs-reveals-it_b_558774.html
Sign in Recent Site Activity Terms Report Abuse Print page | Powered by Google Sites
By: Nick Lucas
nicklucas01@yahoo.com
*Following this brief article you will find a list of references which back up my independent research/investigation. Please ask any and all questions for clarification. Please share this information with as many people as possible.
Many stories regarding BP’s Deepwater Horizon Oil Rig continue to appear alleging selling of stock prior to the sinking of the rig due to inside knowledge of the possibility of this catastrophic event. Along with these stories are also stories regarding BP and associates’ refusal to acknowledge warning signs prior to the oil rig disaster. The following are the facts and are undisputed. Conspiracy or coincidence; you decide.
On April 20, 2010 news of a fire on BP’s Deepwater Horizon Oil Rig in the Gulf of Mexico broke. Due to the fire and later sinking of the rig, BP has been trying to cap and capture the leaking oil from the sea floor for nearly two months. Prior to this event, Goldman Sachs owned 40% of BP’s stock; to be exact 6,025,387 shares. By close of the market on March 31, 2010 Goldman Sachs sold 4,680,822 shares of BP stock. On the 31st of March BP’s stock had an open price of $56.69 and a closing price of $57.07. Various web articles and blogs claim that Goldman Sachs made 250 million dollars by selling this stock three weeks prior to the sinking of the oil rig in the Gulf of Mexico. By multiplying the amount of stock sold and the average of the daily price this would be true. Selling the stock prior to the catastrophic accident leaves many wondering whether this was all by luck or if Goldman Sachs was in a position to know that it was a safe bet to sell the stock before the oil rig event occurred.
The first question to ask is if there are any ties between BP and Goldman Sachs beyond stock ownership. Peter Sutherland is the Advisory Director and Chairman and also the Managing Director of Goldman Sachs International. Mr. Sutherland is also the Non-Executive Director, Chairman of Chairmans Committee and Member of the Nomination Committee from 1995 to the Present date for BP plc. Peter Sutherland is also the Non Executive Chairman, Chairman of the Nomination Committee and Chairman of Chairmans Committee from 1995 to the present date for BP Solar International Inc. which is a subsidiary of BP plc. Furthermore, Peter Sutherland is the Non-Executive Director, Chairman of the Nominating Committee and Chairman of Chairmans Committee for BP Trinidad & Tobago LLC which is also a subsidiary of BP plc. The bottom line is that Peter Sutherland is a director for both BP and Goldman Sachs. This information is confirmed by the Bloomberg Business Directory. The only question now is if the connection between Goldman Sachs and BP is strong enough for inside information to flow.
According to several news sources such as the Borowitz Report, the United States Government found an email during their newly launched investigation into BP from Goldman Sachs employee Fabrice Tourre in which he bragged to a girlfriend that the firm was taking a “big short” position on the gulf. “One oil rig goes down and we're going to be rolling in dough," Mr. Tourre wrote in one email. "Suck it, fishies and birdies!” This email was sent prior to the oil rig incident at the time of the selling of the stock. The fact that the U.S Government is looking through Goldman Sachs computers and files while investigating BP would lead one to believe that the connection is strong enough between BP and Goldman Sachs for inside information to flow.
The second and possibly the most important question to ask is simply if BP knew that the Deepwater Horizon Oil Rig was in danger of catastrophe. This question is of such importance as the above would only stand if BP knew or had sufficient warning. Furthermore, if BP did have this knowledge they clearly intended to profit at the expense of the environment, human life, and the economy. Internal documents from BP, which Congress now has as they conduct their investigation, have shown that there were sufficient warnings as the Deepwater Horizon Oil Rig had serious problems. These problems included the well casing and the blowout preventer. The internal documents reveal that BP noted in March after encountering several problems on the Deepwater Horizon Oil Rig that they were struggling with a loss of “well control.” Furthermore, the internal documents illustrate that BP had concerns as far back as 11 months prior to March regarding the well casing and the blowout preventer. Although rig workers warned against continuing to drill and continuing to drill violated company policies, the rig continued to operate after gaining approval from BP colleagues.
President Obama has had harsh words as of late for BP. Many people have and continue to question the President’s response time and feel that the President has been emotionally removed from the crisis. Only after the President’s approval rating took a dive and outrage from the Gulf towards the President became so loud it was heard in Washington did the President begin visiting the Gulf on a regular basis and talking tough with regards to BP. The government has taken a look into computer systems at Goldman Sachs or else the email mentioned above would not have been found. Many wonder why the President’s initial reaction was so lack luster in nature. Could it be that BP and Goldman Sachs are connected so closely? On May 03, 2007 Barack Obama attended an event that was not on his public calendar and only surfaced because a news reporter, Brokaw, arranged to do an unannounced interview at the private Goldman Sachs dinner. Obama did not grant the approval or know of the interview rather Goldman Sachs granted Brokaw’s request. It would be against Federal Law for Goldman Sachs to have contributed to the Obama campaign. However, Goldman Sachs members contributed $739,521 making Goldman Sachs members the largest contributor to the Obama campaign. Today the Obama Administration is full of former Goldman Sachs employees such as Stephen Friedman, Chairman of Obama’s Foreign Intelligence Advisory Board. Mr. Friedman was a Goldman Sachs employee for many years in various positions and still serves on Goldman Sachs Board. Gary Gensler is the chairman of the U.S. Commodity Futures Trading Commission under President Barack Obama; Gary Gensler spent 18 years working for Goldman Sachs. There are many more individuals who are in the Obama administration who either worked directly for, do, or have strong connections with Goldman Sachs.
Above are the facts that certain officials are trying to keep quiet in effort to keep the masses under control. However, these are facts that are undisputed by even the highest levels of the United States Government and BP once specifically questioned. Is all of this a coincidence or is it a conspiracy that many are trying to cover up?
References:
BP Stock Ownership as of March 31 2010 – Goldman Sachs what they owned and what they sold.
http://moneycentral.msn.com/ownership?Holding=Institutional+Ownership&Symbol=BP
Bloomberg Peter D. Sutherland List of Positions
http://investing.businessweek.com/b...ckRock Credit Allocation Income Trust II, Inc.
Obama interviewed by Brokaw at private Goldman Sachs dinner
http://blogs.suntimes.com/sweet/2008/10/obama_interviewed_by_brokaw_at.html
Documents Show Early Worries About Safety of Rig
http://www.nytimes.com/2010/05/30/us/30rig.html?pagewanted=
Rig survivors: BP ordered shortcut on day of blast
http://www.cnn.com/2010/US/06/08/oil.rig.warning.signs/index.html
Why BP will be the next bailout
http://www.nypost.com/p/news/opinio...ll_be_the_next_bailout_hvrvH54dE8Luyjl9JJavOK
Goldman Sachs Reveals it Shorted Gulf of Mexico
http://www.huffingtonpost.com/andy-borowitz/goldman-sachs-reveals-it_b_558774.html
Sign in Recent Site Activity Terms Report Abuse Print page | Powered by Google Sites
pocketfullofshells
Well-Known Member
laymen
Active Member
Just a thought: Perhaps BP is reluctant to fully divulge cutting edge technology while under the microscopic eye of an administration unwilling to keep in confidence certain information which could be advantageous to its competitors.
laymen
Active Member
The openness and transparency with which this administration has sooo dutifully functioned up to this point, may have BP pressing some political will of their own to wards an administration who aggressively denounced the previous administration for invoking executive privileges in discussions on energy policies.
laymen
Active Member
The presidency holds a mighty pen and an even sharper sword, but be careful, for the sword can cut both ways ...and the pen....it can leek in your pocket.
Werbung:
Pandora
Well-Known Member
I like that saying!
Similar threads
