Wednesday, June 23, 2010

Gulf Oil Spill: Judge Martin Feldman Queers The Deal

Oh, and it was all going so well for Barack Obama and company - blow up the Deepwater Horizon rig (with BP's help), walk back previous comments about possibly expanding future offshore drilling, shut down all current offshore drilling, impose a cap and trade regime upon all Americans, and just watch the money roll in - enough money to fund the administration's current call to Socialism and line everyone's pockets in the process.

Gee, it almost sounds like blowing up the BP rig was an Obama-contrived conspiracy....

But all it took was one unbought judge to throw a wrench into the works, and to throw some light on what is actually going on here:

A federal judge struck down the Obama administration's six-month ban on deepwater oil drilling in the Gulf of Mexico as rash and heavy-handed Tuesday, saying the government simply assumed that because one rig exploded, the others pose an imminent danger, too.

U.S. District Judge Martin Feldman, who was appointed by President Ronald Reagan ....sided with the plaintiffs.

"If some drilling equipment parts are flawed, is it rational to say all are?" he asked. "Are all airplanes a danger because one was? All oil tankers like Exxon Valdez? All trains? All mines? That sort of thinking seems heavy-handed, and rather overbearing."

He also warned that the shutdown would have an "immeasurable effect" on the industry, the local economy and the U.S. energy supply.

Would Obama ground all airline flights for six months after one jetliner crashed? Well, actually, bad example - maybe he would. I like the part about the administration's thinking being "heavy handed, and rather overbearing" - it pretty much sits as a great description of everything the Democrats has proposed/imposed since taking complete power.

But see that "..." in the quote from the AP article above? Let's fill in that blank:

U.S. District Judge Martin Feldman, who was appointed by President Ronald Reagan and has owned stock in a number of petroleum-related companies, sided with the plaintiffs.

A-ha! And the media, ever complicit with the Obama administration, goes on the attack:

Feldman's financial disclosure report for 2008, the most recent available, shows holdings in at least eight petroleum companies or funds that invest in them, including Transocean Ltd., which owned the Deepwater Horizon drilling rig that blew up. The report shows that most of his holdings were valued at less than $15,000; it did not provide specific amounts.

It was not clear whether Feldman still has any of the energy industry stocks. Recent court filings indicate he may no longer have Transocean stock. The 2008 report showed that he did not own any individual shares in big companies such as BP, which leased the rig that exploded, or ExxonMobil.

So we don't know if Feldman currently owns stock, even the AP admits only that he has owned it in the past (which, by media standards, is apparently enough to define a conservative-appointed judge as "compromised"). And one could hardly imagine that the good jurist would sacrifice his reputation, and a judgeship held for over a quarter-century, for a holding valued at less than $15K (only a Democrat, seeing pure evil in all who do not agree with their views, could stretch their imagination that far). And I would be curious to know in what form these holdings are as well -in a pension plan or 401(k), perhaps? Shoot, I would bet 99% of all Americans invested in mutual funds do not know every single holding that constitutes their portfolio.

But with the audacious cutoff of domestic energy supplies exposed as a ruse, the media and the Democratic party are clutching at whatever straws they can find in order to keep this crisis afloat until the end-game of this audacious conspiracy are realized. Interior Secretary/Lying Sc*mbag Ken Salazar goes back to work this morning to create a new drilling moratorium that he hopes will pass some kind of legal muster, while the federal government once again forces the state of Louisiana to stop building sand berms, under the guise of safety and further environmental concerns (and where have we heard that before?).

The hysteria can't be allowed to fizzle before the aims of the conspirators come to fruition. So expect more illegal shutdowns, work slowdowns, and cries of woe is us, at least until cap and trade is passed. Because to "spill" all this political capital, and not even gain any ideological markers for it, would be the ultimate waste of a crisis....

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