Judge blocks Gulf offshore drilling moratorium

[Gerry]

It is clear that some people are so miserable about their life and the life's of others.

It is so clear that there is no hope for some of you now nor in the near future.

Your lives are so miserable, Obama is destroying anything and everything left that is sacred, and many of you just can't take another six and a half years of this.

Frankly, I don't think these people should even try to deal with reality anymore.

It's just not working for them.

All that is left to do in put a gun to your head, pull the trigger, and splatter your brains all over the monitor - or cover the monitor up.

That is the only decision some of you will have to make for the rest of your life; leave the monitor uncovered or put some type of cover on it.

[Gerry]

As I mentioned in Post #3, this is going to be quite the scandal...especially now its hitting the main media outlets.

Judge in drilling ban case invested in BP, oil stocks

Seriously, you have to watch this clip.

And, check this out...he sold stock in Exxon Mobile (who runs a few of the platforms idled by the moratorium) - This judge sold his EXXON stock June 22, 2010 - THE DAY OF THE RULING!

This judge was so heavily invested in TransOcean, BP, Exxon, and on and on and on.

Every day the moratorium was in effect, Judge Feldman was losing money.

[Raider]

Another smear campaign by the far left and the Obama Administration.......

The Judge is even receiving DEATH threats by the far left, mostly from hardcore environmentalist's.. I don't think anyone is surprised really, this is how these people are, Radical and Violent with a complete disregard for the Law.

Anyway, This is what Judge Feldman said in response to the allegations; (unlike Doc, I always like to hear BOTH sides of the story, NOT just one.)


Feldman said in a statement elaborating on the disclosure that he was unaware of his holdings in Exxon Mobil and a smaller oil company until 9:45 p.m. Monday, the day before he issued his ruling.

"Because he remembered that Exxon, who was not a party litigant in the moratorium case, nevertheless had one of the 33 rigs in the Gulf, the judge instructed his broker to sell Exxon and XTO [Energy Inc.] as soon as the market opened the next morning," according to a statement released by his chambers and reported by Bloomberg News.

http://www.washingtonpost.com/wp-dyn...062504155.html


Leave to Doc to reference the most BIASED and SLANTED source on Cable News, Rachel Maddow, former host of LIBERAL Radio AIR AMERICA.

The same Air America that went BANKRUPT because American listeners saw right through their BullSh*t reporting.

Your sources of information have long been a JOKE here Doc.... Let's see, you used MediaMatters, The Huffington Post, Rolling Stone, The New York Times, Moveon.org and now MSLSD,

It's no wonder your so Pro-Obama and Anti-Bush...

The far Left Media has successfully BRAINWASHED you.

[500,000]

...

[Gerry]

Oh, I see.

Even if it is true, its a smear campaign.

And because it comes from Racheal Maddow, well...we all know everything we need to know about her.

Of course, I am part of the liberal media and smear campaign since I mentioned it and referenced it on June 22, the day of the ruling.

Sorry, bltch...you lost again.

It's all a matter of public records.

---------- Post added at 11:24 AM ---------- Previous post was at 10:54 AM ----------



by LARRY MARGASAK
updated 6/25/2010 10:04:48 PM ET


WASHINGTON — The Louisiana federal judge who struck down a six-month ban on deepwater oil drilling has sold many of his energy investments, a financial disclosure report released Friday reveals.

U.S. District Judge Martin Feldman's disclosure report, which covers investments for 2009, shows he owned eight energy-related investments including stock in Exxon Mobil Corp.

[Donald Aquilano]

So if a judge invests in oil stocks than he shouldn't be allowed to rule on a case involving one? Most Americans own shares of oil companies through stocks or mutual funds so bringing up that this particular judge owns stocks in some doesn't bother me since he is following the law. Just because some of you support the drilling ban doesn't mean that its legal under US law.

[Gerry]

In practice, most judges would recuse ("excuse") themselves from getting involved due to conflict of interest.

I own stocks in mutual funds that include oil, gas, natural gas.

But he specifically owned stock in Exxon Mobile, TransOcean and others...and he knew he owned these stocks.

Yeah, we can always claim the "Oops, I forgot." factor but that still does not make it true.

Plus, its no big secret in the corporate world - if you want a ruling in your favor, you do some background research on potential districts and judges to see who is likely to favor your side. And for those that do not believe this is the case, then they are just fooling yourselves. This is how the corporate world works.

Check this out...

Transocean, doomed rig's owner, seeks to limit its liability

TransOcean is invoking an 1851 law limiting their liability.

Where are they filing this motion? In oil rich Houston Texas, a state unaffected by the spill and a state rich in oil history and revenue.

Do you think for a moment that TransOcean would file this motion in New Orleans? Not a chance. Not in a state drastically affected by the spill and the deaths of 11 workers.


Transocean, Ltd., the Switzerland-based offshore contractor that owned the Deepwater Horizon floating drilling rig, has asked a federal court in Houston to limit its liability from the oil spill to less than $27 million.

Invoking a little-known maritime law passed in 1851, the company said it should not have to pay any more than the salvage value of the charred oil rig and its freight, all of which sank in 5,000 feet of water after the April 20 explosion that killed 11 workers. Before the accident, the Deepwater Horizon was valued at more than $500 million.

In a statement, Transocean said the court petition was filed at the request of its insurance companies, and the petition will allow the company to consolidate all outstanding lawsuits before a single federal judge in Houston. The company said it now faces more than 100 lawsuits over the spill in several states.

Lawyers for those injured in the blast said the petition could also prevent any claims filed more than six months after the accident.