This administration is a nightmare.
Obama’s decision to impose a six-month moratorium on deepwater oil drilling in the gulf penalizes companies with better safety records than BP’s and will result in many drilling rigs being sent to offshore oil fields in Brazil or Africa, perhaps never to come back.
Drilling suspension will result in a loss of thousands of Louisiana jobs in the first two to three weeks and possibly over 10,000 in a few months.
Michael Barone called it, “ineffective thuggery”:
The justification offered was an Interior Department report supposedly “peer reviewed” by “experts identified by the National Academy of Engineering.” But it turned out the drafts the experts saw didn’t include any recommendation for a moratorium. Eight of the cited experts have said they oppose the moratorium as more economically devastating than the oil spill and “counterproductive” to safety.
This was blatant dishonesty by the administration, on an Orwellian scale. In defense of a policy that has all the earmarks of mindless panic, that penalizes firms and individuals guilty of no wrongdoing and that will worsen rather than improve our energy situation. Ineffective thuggery.
Now, via FrontPageMagazine, we’re beginning to see the reason for the ineffective thuggery. As always with this administration – there’s a method to its madness:
Within 48 hours after President Obama issued the six-month moratorium on deep-water drilling, the George Soros-backed Brazilian oil company, Petrobras, contacted a large New Orleans company, Laborde Marine, which services the deep-water drilling market. The company was seeking to lease all its vessels. “If the moratorium on deep-water drilling is not lifted, 33 semi-submersible rigs and/or drill ships affected will simply go to other countries where they will be well received, such as Brazil,” Cliffe F. Laborde and J. Peter Laborde, Jr. wrote in a June 4 letter to their Louisiana Senators.
Could this be merely a happy coincidence for George Soros, the major financial backer of Obama’s presidential campaign who also has $811 million invested in the Brazilian oil company, Petrobras? Wasn’t it enough of a payback to Soros when the Obama Administration loaned up to $10 billion to Petrobras? Soros, with his far left-wing organization, MoveOn, is called the Godfather of world socialism. But most relevant currently is that he has been an enthusiastic proponent of global warming and environmental liberalism. He has urged adoption of a global carbon tax. Could it be more than coincidence that his position is strikingly similar to what Obama called for in his June 14 Oval Office speech on the Gulf oil spill and future energy actions?
Read the full report.
Glenn Beck covered the story on his show, Tuesday:
Given the extremely negative effect this drilling ban will have, is it any wonder that the people of Louisiana are upset with the way this president has handled the crisis? Polls show they believe Bush would handle this better, and only 32 percent think Obama’s doing a good job.
That’s partly because they want the drilling to continue by a narrow 77 percent to 12 percent margin. Even 60 percent of Louisiana Obama supporters want the drilling to continue, and the facts back up the sentiment.
There have been over 50,000 wells drilled in the Gulf of Mexico, over 4,000 of them deepwater wells and 700 ultra-deepwater wells; all this with no major incidents until now. That is a 99.998 percent success ratio. But they are going to punish Louisiana anyway. They have invested over $150 million for its fleet of vessels that are now being shut down for six months. When in the history of the country has an entire industry been shut down for six months? Why do it now? It doesn’t make any sense. But this isn’t the first time the administration has defied logic and public will.
Over 60 percent opposed health care; 63 percent support the Arizona immigration law that the president is about to sue the state over. And now this. Why?
That brings me to corruption. With 33 rigs about to be put out of commission, one company that contracts their oil rig vessels (Laborde Marine) received a call. And it didn’t take long till the call came in; only 48 hours after Obama issued the drilling moratorium. One guess who that call came from: Petrobras. Yes, that’s right, the George Soros heavily-backed Brazilian state run oil company Petrobras wants to lease the unused rigs.
GOVERNOR BOBBY JINDAL, R-LA.: This isn’t about the multinational companies. They’re going to pick up and they’re going to move those rigs. They’re going to move those rigs to Brazil. They’ll move those rigs to Africa. They’ll move those rigs to other countries and they won’t come back for years. Once they’re gone, once they’re contracted somewhere else, they’re not coming back.
It costs at least $10 million to move the rigs, so it’s unlikely they’d find their way back if they are leased. The jobs won’t ever come back. How about that. The same company that the administration was willing to loan $2 billion dollars to, a company with vast resources, $15 billion in profits a year at least, will make off with our rigs. They are planning to invest 95 percent of $224 billion they plan to spend on exploration back into Brazil. So what’s in it for us? Nothing!
But there’s something in it for the players in Crime Inc. George Soros had at one time $900 million invested in Petrobras. And before you dismiss the connection, look at how much influence Soros’ Center for American Progress (CAP) has on this administration.
Soros wants wind and solar: Obama uses CAP to spin against damaging facts.
Soros wants a smart grid: Obama (through GE) wants it too, and California passed a bill that requires the Public Utilities Commission to develop a plan for Smart Grid use
Soros has suggested the president should have nationalized the banks. In the House bill, “Regulators would have the power to stop banks on a case-by-case basis from risky activities.”
Forget God, it’s in George we trust. He’s gonna get his. This isn’t about saving the planet. They tell us global warming is a moral issue; well how can he justify drilling in Brazil? The same people who claim to be the earth’s saviors are raping the earth, so please, spare me the lecture on my SUV and filling up the air in my tires. I’m sick of the Al Gore’s of the world telling me to drive a crappy ‘Smart’ car (doesn’t look all that smart, or safe, to drive one). And I’m sick of them telling me to inflate my tires before every time I drive, when they have multiple mansions and fleets of SUVs. Stop telling me what to do and who to be like.
They want to ban corporate influence on campaign commercials? What about the influence one guy is having through Media Matters (smear campaigns), CAP (public policy), Tides (indoctrination).