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Judge who overruled the President's oil drilling moratorium is invested in oil

 
planetbarb
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User ID: 917296
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06/28/2010 12:21 PM
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Judge who overruled the President's oil drilling moratorium is invested in oil
New disclosure for judge who overruled drilling moratorium shows extensive oil-stock holdings
[link to news.yahoo.com]

Fri Jun 25, 7:24 pm ET
Martin Feldman, the U.S. District Court judge who issued an injunction against enforcement of Barack Obama's proposed deep-water drilling moratorium this week, was heavily invested in the oil and gas industry last year, according to his 2009 financial disclosure.

Feldman's 2008 disclosure showed investments in Transocean — the contract drilling firm that owned the Deepwater Horizon rig that triggered the spill — and a variety of other companies in the oil and gas business. His 2009 disclosure, which was released today for the first time, shows that he had sold off the Transocean investment but continues to own stock in a variety of companies that might have been directly or indirectly affected by the ban. The updated disclosure form constitutes the most recent publicly available record of his finances.

Last Edited by Account Deleted by User on 10/09/2011 02:31 PM
Nikki_LaVey

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06/28/2010 12:24 PM
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Re: Judge who overruled the President's oil drilling moratorium is invested in oil
A lot of judges down here are heavily invested in oil.
How Can You Be Two Places At Once When You're Not Anywhere at all
Anonymous Coward
User ID: 940676
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06/28/2010 12:25 PM
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Re: Judge who overruled the President's oil drilling moratorium is invested in oil
They're all corrupt. If they're at the top of the corp, legal, economic or political food chain then they are working on behalf of their corporate interests, not ours. Sometimes they have little "spats" amongst themselves to make it look as though there is really more than one side to an issue at the upper levels and that's untrue. It's just a circus for the masses, that's all.

Go ahead and make a list of every higher up involved in this fiasco and a little digging will show where their loyalties lie. Not with us, that's for sure.
It's hot here

User ID: 774404
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06/28/2010 12:27 PM
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Re: Judge who overruled the President's oil drilling moratorium is invested in oil
New disclosure for judge who overruled drilling moratorium shows extensive oil-stock holdings
[link to news.yahoo.com]

Fri Jun 25, 7:24 pm ET
Martin Feldman, the U.S. District Court judge who issued an injunction against enforcement of Barack Obama's proposed deep-water drilling moratorium this week, was heavily invested in the oil and gas industry last year, according to his 2009 financial disclosure.

Feldman's 2008 disclosure showed investments in Transocean — the contract drilling firm that owned the Deepwater Horizon rig that triggered the spill — and a variety of other companies in the oil and gas business. His 2009 disclosure, which was released today for the first time, shows that he had sold off the Transocean investment but continues to own stock in a variety of companies that might have been directly or indirectly affected by the ban. The updated disclosure form constitutes the most recent publicly available record of his finances.

Feldman owned between $1,000 and $15,000 in EV Energy Partners, an oil and gas exploration firm; Enterprise Products Partners, which builds onshore and offshore oil and gas pipelines; Energy Transfer, which builds pipelines as well; Basic Energy Services; Provident Energy; Petrohawk Energy; Valero Energy, an oil refiner; Crosstex Energy, a natural-gas provider; and Exxon.

He also owned between $2,000 and $30,000 worth of equity in Boardwalk Pipeline Partners, which owns two pipeline firms that deliver natural gas from the Gulf of Mexico; and between $15,000 and $50,000 worth of Ocean Energy, which designs drilling rigs. All of these investments were current as of 2009, and Feldman disclosed in a case last May that he still owned Ocean Energy shares.

— John Cook is a senior national reporter/blogger for Yahoo! News.
 Quoting: planetbarb

Wow, between $1000 and $15,000. Sorry but that's hardly heavily invested.

The 25Bil barry gave to Petrobas, (George Soros), that's a heavy investment.
It really is!

I never drink water, fish fuck in it.
W.C. Fields

Ignorance and obscurantism have never produced anything other than flocks of slaves for tyranny...
Emiliano Zapata
Anonymous Coward
User ID: 952041
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06/28/2010 12:41 PM
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Re: Judge who overruled the President's oil drilling moratorium is invested in oil
Wow, between $1000 and $15,000. Sorry but that's hardly heavily invested.

The 25Bil barry gave to Petrobas, (George Soros), that's a heavy investment.
 Quoting: It's hot here

My thoughts, exactly ...
planetbarb (OP)

User ID: 917296
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06/29/2010 09:05 AM
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Re: Judge who overruled the President's oil drilling moratorium is invested in oil
Wow, between $1000 and $15,000. Sorry but that's hardly heavily invested.

The 25Bil barry gave to Petrobas, (George Soros), that's a heavy investment.

My thoughts, exactly ...
 Quoting: Anonymous Coward 952041


I hope someone bothers to read this. I cannot copy it from the site so I have to enter it by hand but it is word for word on the results of the investigation. I cannot copy the whole Glenn Beck thing but the page shows what Beck said and the Executive Order he is referring to.
GLENN BECK'S CLAIM: [President Obama loaned 2 billion of our taxpayer money to a Brazilian oil exploration company.]

Snopes.com investigated and says every susbstantial claim made in that article is FALSE. [link to www.snopes.com]
Quote:

Snopes: This statement is FALSE.
"President Obama signed no such Executive Order. On 13 April 2009 the Export- Import Bank of theUnited Stares (Ex-Iman agency whose mission is to "to assist in financing the export of US goods and services to international markets, issued a preliminary approval for a $2 Billion loan to Brazil's national oil company, Petroleo Brasileiro S.A.
(Petrobas) to help fund offshore exploration and development.
The approval of the loan was an action undertaken not by officials who had been appointed by the Obama Administration but by his predecessEr President G.W. Bush, as stated by Ex-Im itself:

The Bank's Bipartisan Board unanimously approved the preliminary committee to Petrobas, before any Obama appointees joined the Bank. In fact, at the time the Bank's Board consisted of three Republicans and two Democrats, all of whom were appointed by G.W. Bush.

Despite the claim that the money committed to Petrobas is 'taxpayer dollars,' 'the vast majority of our financing consists of guarantees of loans made by commercial lenders,' and 'that the bank is self-sustaining and does not receive any appropriated funds from Congress' and that
'the Bank's activities do not cost the American tazpayers a dime.'

end of this part of Snopes quote.

Also Glenn Beck made a statement
" We have absolutely no gain from this transaction whatsoever." This was proven by Snopes to be false ALSO.
Snopes quote:
This statement is also false, one predicated on the mistaken assumption that the only tangible benefit of lending money was to guarantee a supply of oil to the United States. The Ex-Im mission statement
[link to www.exim.gov] declares:

The Export - Import Bank of the United States (Ex-Im) is the official credit agency of the United States. Ex-Im's Mission is to assist in financing the export of U.S. goods to international markets.
Ex-Im Bank helps enable U.S. companies, large and small, to turn export opportunities into real sales that help to create and maintain U.S. jobs and contribute to a stronger national economy.

as set forth in an Ex-Im 29 July 2009 Press release,
[link to www.exim.gov]
Ex-Im’s chairman and president Fred P. Hochberg declared that the Bank approved the $2 billion dollar preliminary commitment not as a down payment to ensure future oil purchases from Brazil, but ‘to encourage purchases of goods and services by Petrobas.’

There is more on the page. I cannot hand copy any more right now. Read it.
Surely this is enough to make a person not automatically believe people like Glenn Beck.

There is more on snopes about how President Obama did not
appoint Hochberg until after after the Board approved the loan to Petrobas.
planetbarb (OP)

User ID: 917296
United States
06/29/2010 09:11 AM
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Re: Judge who overruled the President's oil drilling moratorium is invested in oil
New disclosure for judge who overruled drilling moratorium shows extensive oil-stock holdings
[link to news.yahoo.com]

Fri Jun 25, 7:24 pm ET
Martin Feldman, the U.S. District Court judge who issued an injunction against enforcement of Barack Obama's proposed deep-water drilling moratorium this week, was heavily invested in the oil and gas industry last year, according to his 2009 financial disclosure.

Feldman's 2008 disclosure showed investments in Transocean — the contract drilling firm that owned the Deepwater Horizon rig that triggered the spill — and a variety of other companies in the oil and gas business. His 2009 disclosure, which was released today for the first time, shows that he had sold off the Transocean investment but continues to own stock in a variety of companies that might have been directly or indirectly affected by the ban. The updated disclosure form constitutes the most recent publicly available record of his finances.

Feldman owned between $1,000 and $15,000 in EV Energy Partners, an oil and gas exploration firm; Enterprise Products Partners, which builds onshore and offshore oil and gas pipelines; Energy Transfer, which builds pipelines as well; Basic Energy Services; Provident Energy; Petrohawk Energy; Valero Energy, an oil refiner; Crosstex Energy, a natural-gas provider; and Exxon.

He also owned between $2,000 and $30,000 worth of equity in Boardwalk Pipeline Partners, which owns two pipeline firms that deliver natural gas from the Gulf of Mexico; and between $15,000 and $50,000 worth of Ocean Energy, which designs drilling rigs. All of these investments were current as of 2009, and Feldman disclosed in a case last May that he still owned Ocean Energy shares.

— John Cook is a senior national reporter/blogger for Yahoo! News.

Wow, between $1000 and $15,000. Sorry but that's hardly heavily invested.

The 25Bil barry gave to Petrobas, (George Soros), that's a heavy investment.
 Quoting: It's hot here


Hello, It's hot Here:

I hope someone bothers to read this. I cannot copy it from the site so I have to enter it by hand but it is word for word on the results of the investigation. I cannot copy the whole Glenn Beck thing but the page shows what Beck said and the Executive Order he is referring to.
GLENN BECK'S CLAIM: [President Obama loaned 2 billion of our taxpayer money to a Brazilian oil exploration company.]

Snopes.com investigated and says every susbstantial claim made in that article is FALSE. [link to www.snopes.com]
Quote:

Snopes: This statement is FALSE.
"President Obama signed no such Executive Order. On 13 April 2009 the Export- Import Bank of theUnited Stares (Ex-Iman agency whose mission is to "to assist in financing the export of US goods and services to international markets, issued a preliminary approval for a $2 Billion loan to Brazil's national oil company, Petroleo Brasileiro S.A.
(Petrobas) to help fund offshore exploration and development.
The approval of the loan was an action undertaken not by officials who had been appointed by the Obama Administration but by his predecessEr President G.W. Bush, as stated by Ex-Im itself:

The Bank's Bipartisan Board unanimously approved the preliminary committee to Petrobas, before any Obama appointees joined the Bank. In fact, at the time the Bank's Board consisted of three Republicans and two Democrats, all of whom were appointed by G.W. Bush.

Despite the claim that the money committed to Petrobas is 'taxpayer dollars,' 'the vast majority of our financing consists of guarantees of loans made by commercial lenders,' and 'that the bank is self-sustaining and does not receive any appropriated funds from Congress' and that
'the Bank's activities do not cost the American tazpayers a dime.'

end of this part of Snopes quote.

Also Glenn Beck made a statement
" We have absolutely no gain from this transaction whatsoever." This was proven by Snopes to be false ALSO.
Snopes quote:
This statement is also false, one predicated on the mistaken assumption that the only tangible benefit of lending money was to guarantee a supply of oil to the United States. The Ex-Im mission statement
[link to www.exim.gov] declares:

The Export - Import Bank of the United States (Ex-Im) is the official credit agency of the United States. Ex-Im's Mission is to assist in financing the export of U.S. goods to international markets.
Ex-Im Bank helps enable U.S. companies, large and small, to turn export opportunities into real sales that help to create and maintain U.S. jobs and contribute to a stronger national economy.

as set forth in an Ex-Im 29 July 2009 Press release,
[link to www.exim.gov]
Ex-Im’s chairman and president Fred P. Hochberg declared that the Bank approved the $2 billion dollar preliminary commitment not as a down payment to ensure future oil purchases from Brazil, but ‘to encourage purchases of goods and services by Petrobas.’

There is more on the page. I cannot hand copy any more right now. (I hope people will read it. There is more to the job of being the leader of the free world than knee jerk people like Beck can possibly imagine. He simplifies and twists the truth to the point of criminality.)

Surely this is enough to make a person not automatically believe people like Glenn Beck.

There is more on snopes about how President Obama did not
appoint Hochberg until after after the Board approved the loan to Petrobas. The main point is he is out there doing his job and trying to create more jobs and a stronger economy...
Peace Out
planetbarb (OP)

User ID: 917296
United States
06/29/2010 09:13 AM
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Re: Judge who overruled the President's oil drilling moratorium is invested in oil
A lot of judges down here are heavily invested in oil.
 Quoting: Nikki_LaVey

Maybe they should switch to tar and feathers, eh?
Anonymous Coward
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06/29/2010 09:17 AM
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Re: Judge who overruled the President's oil drilling moratorium is invested in oil
Barry Soetoro took big bribes from BP.

Obama biggest recipient of BP cash
[link to www.politico.com]
planetbarb (OP)

User ID: 1019814
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06/29/2010 01:27 PM
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Re: Judge who overruled the President's oil drilling moratorium is invested in oil
Barry Soetoro took big bribes from BP.

Obama biggest recipient of BP cash
[link to www.politico.com]
 Quoting: Anonymous Coward 1019577

You make it sound like he personally received money from BP. Not true.
Probably every Republican or Democratic candidate receives some campaign donations somewhere along the line from big industries such as these.


“President Obama didn’t accept a dime from corporate PACs or federal lobbyists during his presidential campaign,” spokesman Ben LaBolt said. “He raised $750 million from nearly four million Americans. And since he became president, he rolled back tax breaks and giveaways for the oil and gas industry, spearheaded a G20 agreement to phase out fossil fuel subsidies, and made the largest investment in American history in clean energy incentives.”

Read more: [link to www.politico.com]

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