Wednesday, June 30, 2010
Tuesday, June 29, 2010
Friday, June 18, 2010
Sunday, June 13, 2010
"Bigness and power, the compensatory defenses against deep-seated feelings of human irrelevance that are troubling technologists, are the real reason for building such monsters... The World Trade Center, despite all the pronouncements of progress is really little more than a grand-scale metal manifestation of an entire society's neurotic defense"
Lastly, Lindsay Williams, a former Alaskan pipeline chaplain with high-level oil industry connections, has suggested that BP, in conjunction with the federal government, might try to cap the well by using a nuclear explosion – the environmental consequences of which are currently unknown."
"According to Kutcherov, a leading specialist in the theory of abiogenic deep origin of petroleum, 'What BP drilled into was what we call a ‘migration channel,’ a deep fault on which hydrocarbons generated in the depth of our planet migrate to the crust and are accumulated in rocks, something like Ghawar in Saudi Arabia.' Ghawar, the world’s most prolific oilfield has been producing millions of barrels daily for almost 70 years with no end in sight. According to the abiotic science, Ghawar like all elephant and giant oil and gas deposits all over the world, is located on a migration channel similar to that in the oil-rich Gulf of Mexico.As I wrote at the time of the January 2010 Haiti earthquake disaster, Haiti had been identified as having potentially huge hydrocasrbon reserves, as has neighboring Cuba. Kutcherov estimates that the entire Gulf of Mexico is one of the planet’s most abundant accessible locations to extract oil and gas, at least before the Deepwater Horizon event this April.What the enormity of the oil spill does is to also further discredit clearly the oil companies’ myth of “peak oil” which claims that the world is at or near the “peak” of economical oil extraction. That myth, which has been propagated in recent years by circles close to former oilman and Bush Vice President, Dick Cheney, has been effectively used by the giant oil majors to justify far higher oil prices than would be politically possible otherwise, by claiming a non-existent petroleum scarcity crisis." F.W. Engdahl
And just for good measure,we have the following from the sagacious and inestimable Bob Chapman:
Wait until the public finds out the oil fiasco was a false flag operation to pass Cap & trade and carbon taxes among other things. BP is junk and everyone knows it in spite of the attempted payoffs to Fitch. It won’t be long before the rating is junk and institutions are forced to sell the bonds for virtually nothing. It is even money BP will bite the dust. The bad news on the oil blowout gets worse every day as Obama tries to hide what is really going on so they can get carbon taxes. The Illuminists blew it. They didn’t know they were drilling into an oil volcano. There will be no way to plug the hole. The deluge will flow for years.
Thursday, June 10, 2010
On top of the environmental catastrophe currently unfolding in the Gulf of Mexico the situation may about to get even worse as new reports from the US are confirming the grim predictions of Russian scientists regarding the oil dispersement poisons being used by BP which are being swept up into the clouds and falling as toxic rain destroying every living plant it touches.
Alex Thomas & Shepard Ambellas
British Petroleum has openly admitted that they have used at least 1,021,000 gallons of dispersant in the Gulf of Mexico. The same chemicals that have been banned in the UK for over ten years! The active ingredient in this is a known neurotoxin that is acutely toxic to both human and aquatic life, causes cancer, causes damage to internal organs such as the liver and kidneys simply by absorbing it through the skin and may even cause reproductive . (source)
This is absolutely ridiculous. BP is openly committing a chemical attack against the United States! These chemicals alone have the very real possibility of causing a massive evacuations and the EPA KNOWS that these chemicals are highly toxic. The Obama administration, the EPA, and British Petroleum are knowingly causing this oil spill to be one hundred times worse and are participating it what can only be described as a chemical attack on the Gulf region.
“Corexit has also earned the highest EPA warning label for toxicity which means the effects of the toxic chemicals to the eye are corrosive resulting in irreversible destruction of ocular tissue and other tissue with corneal involvement along with an burning that can persist for more than 21 days and effects to human skin are corrosive resulting in tissue destruction into the dermis and/or scarring.”(Source)
The main ingredient of Corexit is 2-Butoxyethanol, which is known to cause problems that can affect everything from the liver, the central nervous system, and the kidneys. It is also known to be toxic to the blood!
At one time, massive evacuations seemed far fetched but at this point it seems almost locked in stone. The people in the Gulf will not be able to continue living an area where deadly chemicals are being dispersed. British Petrolum, which has known ties to groups such as the Bilderbergs, and the Trilateral Commission seems to be intent on not only destroying the gulf but potentially harming millions of American citizens. On top of that, there is no possibility that BP could be doing this without the consent of the federal government.
Unreleased EPA report detailing presence of volatile organic compounds in the Gulf of Mexico after the Deepwater Horizon blow out:
Hydrogen Sulfide- allowable levels=5/10 parts per billion * recorded levels=1200 parts per billion
Benzene-allowable levels=0/4 parts per billion * recorded levels=3000 parts per billion
Methylene Chloride-allowable levels=61 parts per billion * recorded levels= 3000-3400 parts per billion
Wednesday, June 9, 2010
Here's the article link courtesy of a commentor: ABK = R.I.P. The collateral effect of this situation could be quite staggering - the financial equivalent of the BP oil catastrophe - as this will potentially trigger $100's of billions in related credit default swaps and other toxic derivative transactions. Muni paper, the largest beneficiary of ABK credit protection, could face staggering losses.
Ambac was one of the major beneficiaries from the $800 billion TARP and $1.25 trillion in toxic bond purchases by the Fed, as that monetization prevented the triggering of ABK's absurdly large portfolio of credit default swaps related to the Company's horrific investment decisions over the past 10 years. I guess Banana Ben is too busy working out the details of his next helicopter drop to be bothered with specific details about why he looked like an utter idiot in front of the public today. Got gold?"
Tuesday, June 1, 2010
scenario 2: US Orders Blackout Over North Korean Torpedoing Of Gulf Of Mexico Oil Rig
By: Sorcha Faal, and as reported to her Western Subscribers A grim report circulating in the Kremlin today written by Russia’s Northern Fleet is reporting that the United States has ordered a complete media blackout over North Korea’s torpedoing of the giant Deepwater Horizon oil platform owned by the World’s largest offshore drilling contractor Transocean that was built and financed by South Korea’s Hyundai Heavy Industries Co. Ltd., that has caused great loss of life, untold billions in economic damage to the South Korean economy, and an environmental catastrophe to the United States.
Most important to understand about this latest attack by North Korea against its South Korean enemy is that under the existing “laws of war” it was a permissible action as they remain in a state of war against each other due to South Korea’s refusal to sign the 1953 Armistice ending the Korean War.
To the attack itself, these reports continue, the North Korean “cargo vessel” Dai Hong Dan believed to be staffed by 17th Sniper Corps “suicide” troops left Cuba’s Empresa Terminales Mambisas de La Habana (Port of Havana) on April 18th whereupon it “severely deviated” from its intended course for Venezuela’s Puerto Cabello bringing it to within 209 kilometers (130 miles) of the Deepwater Horizon oil platform which was located 80 kilometers (50 miles) off the coast of the US State of Louisiana where it launched an SSC Sang-o Class Mini Submarine (Yugo class) estimated to have an operational range of 321 kilometers (200 miles).
On the night of April 20th the North Korean Mini Submarine manned by these “suicidal” 17th Sniper Corps soldiers attacked the Deepwater Horizon with what are believed to be 2 incendiary torpedoes causing a massive explosion and resulting in 11 workers on this giant oil rig being killed outright. Barely 48 hours later, on April 22nd , this North Korean Mini Submarine committed its final atrocity by exploding itself directly beneath the Deepwater Horizon causing this $1 Billion oil rig to sink beneath the seas and marking 2010’s celebration of Earth Day.
the following from Zerohedge goes into greater detail delineating the curious and fortuitous dumping of of Goldman's BP stock holdings in the run up to the oil rig blowout: