Is there anyone in the USA that actually knows what to do with the USA war machine? It would seem not. It is against the Geneva Convetions to kill civilians. I want hearings.In this Sunday, May 16, 2010 photo, Mushtaq Wahab walks through the Shiite cemetery in Najaf, 100 miles (160 kilometers) south of Baghdad, Iraq. The cemetery is a kind of map to Iraq's history, at least that of its majority Shiites. The country's natural disasters, wars and tragedies are etched across the tomb stones that fill every square foot of its dusty, sun-blasted expanse. (AP Photo/ Alaa al-Marjani)
BP's CEO visited the beach in the USA and he didn't brign the family or his bathing suit. From the picture he didn't even know from which direction the oil was coming from. He might be able to find the oil rupture if he opened eyes and looked at OUR reality. BP needs to remove itself from the circumstances and admit this is the second time they have been involved in destroying the biotic content in the USA while wiping out fisheries and destroying lives. The Valdez is the first. We don't need any Bush 'experts' to continue this charade either. Transocean is seeking to drain its treasury in order to move to bankruptcy, rename the company and continue it's environmentally unsound practices.
I have a better idea. Transocean can stop their PR campaign with it's stockholders and simply remove itself from the international market place. I am confident their employees will find work elsewhere. Making them perform to a standard that actually meets regulations to prevent tragedy in citizen's lives might be a real eyeopener for them.
By Tiernan Ray
Shares of Transocean (RIG), the owner of the Deepwater Horizon drilling rig that exploded in the Gulf of Mexico April 20, continue their downward slope today after Senator Ron Wyden (Dem., Oregon) this afternoon sent a letter to Attorney General Eric Holder requesting that he investigate Transocean’s planned special cash dividend.
Wyden, joined by 17 democratic colleagues, including Pat Leahy of Vermont, and Blanche Lincoln of Arkansas, notes the company’s intent to make a special cash distribution of $1 billion in four quarterly installments, announced a little over a week ago.“We are concerned,” the letter reads, “that such action to quickly move money out of corporate coffers to individual investors may make it more difficult to pursue liability claims against the company. Families of those who died in the disaster, the fishing industry that has been devastated by the oil spill and the governments that have worked full-time to clean up this spill deserve better.”
The letter also notes that Transocean “expects to make a $270 million profit on its insurance policy for the Deepwater Horizon, since the rig was insured for more than it was worth.”
http://blogs.barrons.com/stockstowatchtoday/2010/05/24/transocean-wyden-senators-attack-1b-dividend/
