Thursday, June 24, 2010

you can't spell "Big Oil" without "B.O."

update & bump: the crude thickens...
what’s not receiving a lot of focus is Obama’s own economic interests in preventing Gulf drilling... Obama’s wealth is largely held in two Vanguard funds. Vanguard was among the companies that dumped BP stock shortly before the disaster. It now turns out that BP informed the office of mineral managment that there were problems with the well back in mid-February. That led to the sacking of Birnbaum, no doubt, though Pelosi tried... to blame it on burrowed-in Bush holdovers. Apart from the timing of the stock dumping, and the revelation that the feds had indeed been informed earlier on of potential problems, there’s the issue of Soros’ timely investment in Petrobras, backed up by US billions. Many of us found it scandalous that Obama was opposed to US offshore drilling before the disaster, but ready to invest in offshore drilling for Brazil, which... has the greatest biodiversity on the planet.
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Chicago corruption reaches across the Atlantic...
Obama is the top recipient of BP (British Petroleum) PAC and individual money over the past 20 years.

U.S. exempted BP's Gulf of Mexico drilling from environmental impact study.
...and into the Gulf of Mexico...

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