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View Diary: Gulf Recovery: BP Worker Exposes Truth of Working Oil Spill Cleanup (83 comments)

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  •  The dispersants likely helped oil move through (14+ / 0-)

    sand and dirt into the water table under the beach.  As globs, they would be more visible and more likely to be strained out, right?  But it does seem probable.  In any case, it's hard to say which form of poison would be preferable.

    Don't believe everything you think.

    by geomoo on Wed Aug 11, 2010 at 06:57:46 PM PDT

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    •  One could imagine that BP (7+ / 0-)

      scientists might have known the dispersant would help 'bury' the oil.

      Those darn hermit crabs exposed the reality.

      And many gave their lives to do so.

      Thank you, hermit crabs.  I imagined that they knew, when they dug into the oil, that they were sacrificing their lives to let us know "here's all that oil".

      Did you know that Goldman Sachs owns the company that makes the Corexit?


      USFilter and Ondeo Nalco enter into a strategic partnership providing equipment, chemicals and service to industrial customers.

      The Blackstone Group, Apollo Management L. P. and Goldman Sachs Capital Partners buy Ondeo Nalco.

      So, what do Henry Kissinger, Tim Geithner, and Peter G Peterson (the billionaire hell bent on ending Social Security and social services) have in common:

      It's almost as obtuse as a rubics cube?

      According to Henry Kissinger, Geithner was hired to help research a book.

      During the 1980s, the Kissinger Associates was an extremely small firm with only 25 employees, including Geithner and Henry Kissinger’s bodyguards.

      AIG’s relationship with the Kissinger Associates dates back to the time period when Geithner was an employee.

      In 1987, AIG appointed Henry Kissinger Chairman of their International Advisory Board. In 2000, AIG and Kissinger Associates launched a joint venture to provide financial advisory services to corporations.

      The third partner in the venture was the Blackstone Group, which has grown into one of the largest alternative asset management firms in the world.

      Pete Peterson, the co-founder of the Blackstone Group, was responsible for recruiting Geithner for the position of President of the New York Federal Reserve, which he filled from 2003 until his appointment as Treasury Secretary.

      An offshoot of the Blackstone Group, BlackRock Inc., received numerous no-bid contracts from the New York Federal Reserve in the buy-out of Bear Stearns, and the bailout of AIG devised by Geithner.

      In 1988, Laurence Fink launched BlackRock Inc. as a money management division of Blackstone.

      In 1993, BlackRock Inc. separated from the Blackstone Group to operate as an autonomous firm, and currently manages $1.28 trillion in assets.

      In April 2008, BlackRock Inc. received a no-bid contract worth $71.3 million from Geithner to manage the $30 billion in assets the New York Federal Reserve acquired from Bear Stearns to facilitate its buy-out by JP Morgan Chase.

      The deal came under fire from the Senate Banking Committee, and Geithner explained that the no-bid contract was a result of the frantic conditions under which the buy-out was negotiated.

      However, in October 2008, BlackRock received two no-bid contracts of an undisclosed amount to manage the assets the New York Federal Reserve acquired as part of its $123.8 billion bailout of AIG.

      BlackRock Inc. has applied to the Treasury Department to become the main manager of the Public-Private Investment Program created by Geithner.

      Crazy world.  

      In the diary I wrote today, which includes the history of Offshore drilling, I state that the USA has a proven history of its ability for very long-range planning.

      It's just odd how all the same people keep showing up in controversial areas.  Well, I think so anyway.

      •  The Federal Reserve is the very model (3+ / 0-)
        Recommended by:
        geomoo, War on Error, renzo capetti

        of public/private partnership.  The Congress, which is charged with supervision of the purse, has handed the management of what's in the purse to a private corporation whose only accountability is via the designation and consent to the appointment of the Chair.
        The explanation for this hands-off relationship is that the management of the people's money should not be political -- i.e. subject to popular review via elections.

        The reality is that the management of the people's money has been reserved to the Federal Reserve Bank.  That's what's been reserved -- the power to control our currency.  It's our money, backed up by the "good faith and credit" of the American people, but our representatives have handed its management over to a bunch of unelected power-brokers.  Why?  Because being "responsible" is not much fun when the people who hire you can actually check what you've done -- especially if, as a consequence of the universal franchise, all kinds of nobodies are sticking their nose into the doings of public officials.  Better to just hand as much of Congressional responsibility off to the private sector (where it can be dealt with in secret) or the Executive, whose ability to keep secrets is still somewhat intact.

        Before there was a do-nothing Bush/Cheney administration, there was a do-nothing Congress.  The only good thing about it is the the habit of doing nothing has left it with an inability to do anything.
        On the other hand, the only good thing about the Federal Reserve is that it's a private corporation with a federal charter.  If Congress wanted, it could serve as a model for Congress requiring a federal charter of any private corporation which engages in interstate or international commerce.  Given that Congress has been hell-bent on shedding responsibility as quickly as it can, it's unlikely that it will take on the task of chartering private corporations any time soon, but that's the only way to effectively control their operations -- to dissolve them if they don't satisfy the conditions of their charters.

        The Constitution is not a menu for an exclusive diner.

        by hannah on Thu Aug 12, 2010 at 02:35:38 AM PDT

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    •  oh hell. If it's in the water table under the bea (5+ / 0-)

      ches it'll be in the groundwater before you know it.

      If it gets in the groundwater it'll be in the drinking supply. Not just the human drinking supply, either.

      LBJ & Lady Bird, Sully Sullenberger, Molly Ivins, Barbara Jordan, Ann Richards, Drew Brees: Texas is No Bush League! -7.50,-5.59

      by BlackSheep1 on Wed Aug 11, 2010 at 11:34:20 PM PDT

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