So while the Chicago and DC mob were raking in $$$$$$$,
the government played "mickey the dunce".
1) Pres_ _ent Obama and Rahm and the DNC gets $$$$$ from BP ............. check
"Obama biggest recipient of BP cash
.. more than $3.5 million…with the largest chunk of their money going to Obama"
"British Petroleum (BP) pumped $71,000 into Barack Obama's 2008 presidential campaign"
"White House chief tied to BP adviser"
"Top PR firm for BP tied to White House Chief of Staff Rahm Emanuel"
FACTOID:
Oil dispersant manufacturer NALCO is associated with Exelon
which was Rahm Emanuel's first big deal on Wall Street,
and with ComEd -for which Axelrod did the PR which Bill Ayers' father was CEO.
ComED & Exelon are connected to NALCO through UChicago Argonne and Fermilab.
UCHICAGO ARGONNE, LLC--Stimulus Contract: $163,724,912.00 DOE May 22, 2009
Million gallons of dispersant have been deployed containing PCB
Agencies to Study Dispersant Use and Ecosystem Impacts of Dispersed Oil in the Gulf of Mexico"
2) The secret reasons for the $$$$$ to Obama ............. check
BP oil leak: Fallen Deepwater Horizon was tapping second largest oil deposit in the world"
3) Pres_ _ent Obama exempts BP from normal requirements ......... check
U.S. exempted BP's Gulf of Mexico drilling from environmental impact study (Obama let it happen)"
Gulf oil spill: BP has a long record of legal, ethical violations "
Federal Regulator Repeatedly Failed to Inspect Deepwater Horizon "
"U.S. exempted BP's Gulf of Mexico drilling from environmental impact study"
"Obama admin exempted BP's Gulf drilling from environmental impact study "
"Obama sheltered BP's Deepwater Horizon rig from regulatory requirement"
"Red Flags Were Ignored Aboard Doomed Rig "
"US allowed drilling 'without required permits"
"U.S. Said to Allow Drilling Without Needed Permits"
4) Pres_ _ent Obama, the DNC and BP conspire to create
a dangerous, negligent environment before, during, and after the event ......... check
Rig Survivors: BP Ordered Shortcut On Day Of Blast"
BP's new plan risks worsening oil spill"
Internal Documents Show Early Worries About Safety of Rig"
BP reports warning signs before gulf oil rig explosion"
"Heated Argument on Rig Hours Before Blast ( Deepwater Horizon oil spill )"
"Workers on doomed BP oil rig: Corners were cut to save money"
"BP Used Riskier Method to Seal Oil Well Before Blast"
"U.S. oil drilling regulator ignored experts' red flags on environmental risks"
5) Pres_ _ent Obama, BP, and the DNC begin the obstruction ......... check
"Coast Guard Logs Show Administration Knew Extent of Oil Spill within 24 Hours"
"There Was 'Nobody in Charge' (Deepwater Horizon Explosion and Fire)"
Limited Media Access to Oil Spill"
"McCarthy: Obama hasn't returned call of lawmaker representing district of rig!! "
"Obama sat on sand berm request 2 weeks, still no reply"
"Frustration over sand barriers boils in Louisiana as federal government offers few answers"
6) Pres_ _ent Obama, BP and the DNC begin the coverup ......... check
"BP well may be spewing 100,000 barrels a day"
BP's Photo Blockade of the Gulf Oil Spill"
BP buses in 400 for photo op with Obama
"BP shipped in workers for president's visit"
"Lab Chosen To Test Oil Spill Water & Animal Samples Has Ties To BP"
President Delays Oil Spill Recovery Efforts For San Francisco Fundraiser With Getty Oil Heirs"
7) The REAL DEAL: Pres_ _ent Obama displays utter incompetance (again) ......... check
MILES OF OIL CONTAINMENT BOOM in Warehouse- Just Sitting- Waiting For BP or US to Collect (Video!)"
"Louisianans take oil cleanup in own hands as frustration mounts."
"The President couldn't determine if MMS head Elizabeth Birnbaum was fired or she resigned."
"President Obama Returns to LA to Assess the Oil Crisis"
8) The REAL DEAL: Pres_ _ent Obama destroys America (again) ......... check
"Analysis: Could U.S. Lose 200 Rigs by the End of Summer? "
Thanks — bookmarked.
In 1995, both houses of Congress passed and President Bill Clinton signed the Deep Water Royalty Relief Act (S.395), which granted a royalty "holiday" to oil and gas companies drilling in government-owned deep waters in the Gulf of Mexico for leases sold between 1996 and 2000.
Gulf of Mexico Energy Security Act of 2006 (S. 3711/H.R. 6111)
In 2006, Congress passed and the President signed the Gulf of Mexico Energy Security Act. Sen. Mary Landrieu (D-La.) and Senate Energy Committee Chairman Pete Domenici (R-N.M.), coauthored the plan to open 8.3 million acres in the Gulf of Mexico and share 37.5 percent of the new royalty revenues, dedicated to coastal protection, with Louisiana, Texas, Mississippi and Alabama. An additional 12.5 percent will be dedicated to the state side of the Land and Conservation Fund, which funds the acquisition of parks and green spaces across the country.[8] An industry-led coalition called the Consumer Alliance for Energy Security applauded passage of the bill and claimed that they “played a prominent role” in winning its passage.
Allegations of fraudulent underpayment of royalties by oil and gas companies
POGO [government respecting unionization should be neutral] and whistleblowers file suit against oil companies in mid-nineties During the mid-nineties, whistleblowers and the Project on Government Oversight (POGO), a government watchdog group, filed suit against sixteen oil companies for failing to pay their required royalties. POGO’s suit was filed under the False Claims Act (FCA), which provides citizens the power to sue on behalf of the federal government for fraud.
In 1998 and 1999, the Interior Department's Minerals Management Service (MMS) under President Clinton issued over 1,000 leases to oil and gas companies which omitted the clause forcing companies to pay royalties if oil prices rose above $34 a barrel and natural gas rose above $4 per thousand cubic feet.[46] The New York Times exposed the problem in a February 14, 2006 article.[47] The Bush administration learned of the mistake, but initially opted not to address it. Interior Secretary Norton stated, “These are binding contracts that the government signed with companies...I don’t think we can change them just because we don’t like them.”[48][49][50]
Royalty-in-Kind (instead of cash payment fill federal reserves) program expands under Bush
Under the Bush administration, the Minerals Management Service (MMS) dramatically expanded its program to take oil and gas royalties-in-kind (RIK), meaning the industry gives the government a portion of the oil and gas it takes from federal lands rather than paying royalties in cash. Much of the oil taken under this program has been used to fill the federal government’s Strategic Petroleum Reserve. A series of pilot programs in the 1990’s were the precursor to this expansion. These pilot programs almost consistently lost money for the government
Bush administration relaxed royalty requirements
In 2004, after oil and gas prices had risen substantially over the previous several years, Interior Secretary Gale Norton offered royalty incentives to shallow-water producers
110th Congress After Democrats took control of Congress following the 2006 congressional elections, the House passed the CLEAN Energy Act of 2007, 264-163.
Ben Lieberman of the Heritage Foundation argued: "Tax hikes on domestic energy also undercut the energy security rationale for the bill. He also described how a requirement to switch over to "politically correct alternative energy sources" would become a burden, as these sources require federal funding to be competitive. He wrote, "Of course, the only reason why a federally mandated Renewable Portfolio Standard is needed in the first place is that that these alternatives are far too expensive to compete otherwise. In effect, Washington is forcing costlier energy options on the public."
All comes down to Money & Government Imposed Restrictions..Tax Them Til They Have To Fail or "Never waste a 'good' crisis"