Sunday, June 13, 2010

Bay of Rigs Scandal Leaking: Dispersants are Where the Money Is

Bay of Rigs didn't begin leaking at the time of the oil spill. It goes all the way back to releasing the Lockerbie terrorist who was said to be dying. Could the oil perpetually abiding in our beautiful Gulf of Mexico be lingering because dispersants are where the money is, even though they seem not to be working? Wait till you hear who owns the company making the chemicals being dumped into our waters.

Oil in Plaquemines, LA Marshlands

Here's the story on a fast  track. Pan Am 103 exploded over Lockerbie Scotland on December 21, 1988. Everyone aboard died - all 270, 180 Americans. Libyan Abdelbaset Ali Mohmed al-Megrahi was convicted of planting the bomb and sentenced to life in prison.

BP and its employees donate $77,051.00 to the Obama campaign, and a couple of million to Democrats.

The bomber spent about 20 years of a life sentence in a Scottish prison.  After a controversial terminal prostate cancer diagnosis, he was sent back to Libya. Physicians said he had only three months to live.

That was August 20th 2009. He's still alive today. Many rumors about the real story, including the part the U.S. played.

August 15, 2009:
The release of the Lockerbie bomber from prison would liberate Britain’s largest industrial company from a string of problems hampering its $900 million (£546 million) Libyan gas projects, industry sources claimed last night.
BP, the oil giant, signed a deal with Libya in 2007 to explore for gas in the west of the country and offshore. But since then it has faced a string of bureaucratic obstacles, including delays securing official permits and approvals to import equipment through Libyan customs, the sources said.
Obama didn't make much noise about Scotland releasing the bomber. He asked Libya not to have a big celebration on camera. They did it anyway.

September 2009:
The State Department notified lawmakers earlier this month of its intent to disburse $2.5 million in economic aid to Libya, including $400,000 for Qaddafi’s foundations. Of the $400,000  half will go to a foundation run by the leader’s son, Saif, and the other half to one run by his daughter, Aisha.
Republicans shut-down the $2.5 million Obama-Hillary Libyan scam.

In September 2009 the economic crisis still rages, "while government deficits are artificially showing quarterly GDP growth or stability after the free fall in Q1 of 2009, consumer spending is contracting due to massive unemployment and stagnation or reduction in real wages." The economic crisis still rages. And Hillary and Obama want to give Libya millions.

March 2010: BP CEO Tony Hayward sold 223,288 shares of his BP stock - approximately one-third of his holding. That timely sale saved him about $619,000 when BP stock plunged after the spill. Lucky guy. Reportedly he paid off the mortgage on his "mansion."

Fast forward to the BP Gulf oil spill, April 2010.

The Post and Mail Rig-Gate - Bay of Rigs - Industry giants own the dispersants, including Al Gore, George Soros, Goldman Sachs and Warren Buffet - and is connected to the University of Chicago:
The real money is in the use of dispersements. There is a company called purchased NALCO
NALCO is based in Chicago with subsidiaries in Brazil, Russia, India, China and Indonesia.
NALCO is associated with the University of Chicago Argonne program. The Obamas both worked for the University of Chicago.  UChicago Argonne received $164,000,000 in stimulus funds this past year and just added two new executives to its roster: one from NALCO, the other from the Department of Education.
If you dig a little deeper you will find NALCO is also associated with Warren Buffett, Maurice Strong, Al Gore, Soros, Appollo, Blackstone, Goldman Sachs, Hathaway Berkshire.
Warren Buffet/Hathaway Berkshire increased their holding in NALCO just last November. (Timing is everything). The dispersant chemical is known as Corexit. What it does is hold the oil below the water's surface. It is supposed to break up the spill into smaller pools. 
It is toxic and banned in Europe. NALCO says they are using older and newer versions of Corexit in the Gulf. (Why would you need a newer version, if the old one was fine?)
There are big money and even bigger players in this scam. While they are letting the oil blow wide open into the Gulf, the stakes and profit rise. 
The dolphins, whales, manatees, sea turtles and fish suffocate and die. The coastal regions, salt marshes, tourist attractions and the shore front properties are being destroyed, possibly permanently. The air quality is diminished. The Gulf of Mexico fishing industry is decimated.
The stock of Corexit 9500 took an 18 percent jump after its use became public. Rodney F. Chase, former Deputy Group Chief Executive of BP is on the NALCO board of directors.

The moratorium on drilling was put in place. Our deep water rigs will move out of the Gulf. We can't stop it. We might not have the rigs back for years according to Obama's own panel of experts, who recommended we do not stop drilling.

Earlier this month, PowerLine talked about Obama's visit to Grand Isle, Louisiana:

The AP story...includes this vignette:
On Obama's trip to the Grand Isle on the Louisiana coast, his motorcade passed a building adorned with his portrait reminiscent of posters of him during his presidential campaign. Instead of "hope" or "change," the words "what now?" were on his forehead.
...the AP didn't mention the Jindal for President sign 
This administration makes Watergate look like your kids birthday party. Follow the money to Obama's Bay of Rigs. (Sojourner, a reader at Maggie's Notebook left a tip in comments about this story - as I've said before, I love my readers.) Check out this blog talking about the fines BP will be hit with through the Clean Water Act, and why dispersants have been so handy for them. If the oil is "dispersed" it can't be counted.

Photo credit Ted Jackson/The Times-Picayune

Related and Background:

Did BP Secure Abdelbaset Ali Mohamed al-Megrahi Release: States Investigate Lockerbie Bomber

Saif al-Islam is Muammar Ghaddaffis Son Megrahi Lockerbie Bomber Release Deal?

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