Archive for the 'Elite' Category
Detonating Nuclear Bomb at BP Oil Spill Site… Might Produce a Bad Result
May 31st, 2010See: Obama Sends Bomb, Mars Experts to Fix BP Oil Spill: U.S. Energy Secretary Steven Chu signaled his lack of confidence in the industry experts trying to control BP Plc’s leaking oil well by hand-picking a team of scientists with reputations for creative problem solving. Dispatched to Houston by President Barack Obama to deal with […]
How to Get a Written Apology from the U.S. Government for Being Mistakenly Added to the Terrorist No Fly List
May 31st, 2010Via: ABC News: The United States has issued a written apology to a jet-setting billionaire businessman with close ties to former President Bill Clinton whose name was added to the no-fly list in the wake of the attempted Christmas day bombing of an American passenger plane.
BP Collects Billions in U.S. Government Contracts
May 31st, 2010Via: Muckety: Daniel Gross of Slate poses the question: How do we punish BP? The options he suggests – boycotting BP products, charging for the cleanup, even nationalizing the company – are less than satisfying. Here’s another possibility: How about barring BP from the federal trough? According to USASpending.gov, BP has received more than $9 […]
Afghans Believe U.S. is Funding Taliban
May 29th, 2010NATO Forces Supplied Food, Water and Arms to Taliban Forces in Southern Afghanistan By some miracle, the article doesn’t mention opium. Via: Guardian: It’s near-impossible to find anyone in Afghanistan who doesn’t believe the US are funding the Taliban: and it’s the highly educated Afghan professionals, those employed by ISAF, USAID, international media organisations – […]
Goldman Trying To Get SEC Charge Knocked Down To “Material Omission” Instead Of Fraud
May 28th, 2010Funny how that Blankfein banner keeps coming in handy. Ok, maybe it’s not funny. Via: Business Insider: Goldman’s trying to settle with the SEC on a lesser charge than fraud, say John Gapper and Francesco Guerrera of the FT. The firm is also seeking to pay hundreds of millions of dollars in fines and damages […]
Canada Will Spend $885 Million on Security for G-8 and G-20 Summits
May 28th, 2010Via: AP: Canada’s Conservative government says the nearly $1 billion it plans to spend on security at the G-8 and G-20 summits next month is worth it. Canada has budgeted up to $930 Canadian (US$885 million) for the summits. By comparison, the stated amount spent by Pittsburgh on security for last September’s G-20 summit was […]
Transocean Will Make $270 Million from Insurance Payout on Destroyed Oil Rig
May 26th, 2010The rig that blew up was over-insured by $270 million. Fascinating coincidence! Hmm. Did BP hold dead peasant insurance on the rig workers who died? Via: Politico: Eighteen Democratic senators have asked the Justice Department to investigate the operator of the Deepwater Horizon offshore drilling rig after the company announced it would dole out $1 […]
Civil Fine in Gulf Spill Could be $4,300 a Barrel
May 26th, 2010In other news: Obama Biggest Recipient of BP Campaign Cash. Via: Reuters: Just how many barrels of oil are gushing into the Gulf of Mexico from the Deepwater Horizon spill is a billion dollar question with implications that go beyond the environment. It could also help determine how much BP (BP.L) and others end up […]
The Net Worth of the U.S. Presidents: Washington to Obama
May 26th, 2010Via: The Atlantic: Having examined the finances of all 43 presidents (yes, 43; remember, Cleveland was president twice), we calculated the net worth figures for each in 2010 dollars. Because a number of presidents, particularly in the early 19th Century, made and lost huge fortunes in a matter of a few years, the number for […]
IG Report: Methamphetamine Use by Interior Department Staff
May 25th, 2010Via: AP: Staff members at an agency that oversees offshore drilling accepted tickets to sports events, lunches and other gifts from oil and gas companies and used government computers to view pornography, according to an Interior Department report alleging a culture of cronyism between regulators and the industry. In at least one case, an inspector […]
