Sunday, May 23, 2010

Sarah Palin on Barack Obama's BP Cash Pipeline: Deep Water Horizon Gulf Spill Cover-Up?

Via Memeorandum, Elizabeth Williamson and Victoria McGrane write:

Since 1990, oil and gas companies have donated $238.7 million to candidates and parties, with 75% of the money going to Republicans.

White House press secretary Robert Gibbs, in an appearance on CBS’s “Face the Nation,” couldn’t resist weighing in. “Well, Sarah Palin was involved in that election, but I don’t think apparently was paying a whole lot of attention,” Gibbs said. “I’m almost sure that the oil companies don’t consider the Obama administration a huge ally. We proposed a windfall profits tax when they jacked their oil prices up to charge more for gasoline.

“My suggestion to Sarah Palin would be to get slightly more informed as to what’s going on in and around oil drilling in this country.”

Yeah. Right.

WSJ is looking at industry totals overall, while the key issue is British Petroleum's inside graft with this administration:
Now, if this was President Bush or if this were a Republican in office who hadn't received as much support even as President Obama has from B.P. and other oil companies, you know the mainstream media would be all over his case in terms of asking questions why the administration didn't get in there, didn't get in there and make sure that the regulatory agencies were doing what they were doing with the oversight to make sure that things like this don't happen.
And as it turns out, Palin's obviously been doing her homework. See Politico, "Obama biggest recipient of BP cash":
While the BP oil geyser pumps millions of gallons of petroleum into the Gulf of Mexico, President Barack Obama and members of Congress may have to answer for the millions in campaign contributions they’ve taken from the oil and gas giant over the years.

BP and its employees have given more than $3.5 million to federal candidates over the past 20 years, with the largest chunk of their money going to Obama, according to the Center for Responsive Politics. Donations come from a mix of employees and the company’s political action committees — $2.89 million flowed to campaigns from BP-related PACs and about $638,000 came from individuals.

On top of that, the oil giant has spent millions each year on lobbying — including $15.9 million last year alone — as it has tried to influence energy policy.

During his time in the Senate and while running for president, Obama received a total of $77,051 from the oil giant and is the top recipient of BP PAC and individual money over the past 20 years, according to financial disclosure records.
And this is the quote everyone's citing, from CRP:
During the 2008 election cycle, individuals and political action committees associated with BP — a Center for Responsive Politics’ “heavy hitter” — contributed half a million dollars to federal candidates. About 40 percent of these donations went to Democrats. The top recipient of BP-related donations during the 2008 cycle was President Barack Obama himself, who collected $71,000.
But Oil Price Weekly Intelligence Report, a petroleum industry newsletter, indicates a broader influence-peddling conspiracy, "The Cover-up: BP's Crude Politics and the Looming Environmental Mega-Disaster":


WMR has been informed by sources in the US Army Corps of Engineers, Federal Emergency Management Agency (FEMA), and Florida Department of Environmental Protection that the Obama White House and British Petroleum (BP), which pumped $71,000 into Barack Obama's 2008 presidential campaign -- more than John McCain or Hillary Clinton, are covering up the magnitude of the volcanic-level oil disaster in the Gulf of Mexico and working together to limit BP's liability for damage caused by what can be called a "mega-disaster."

Obama and his senior White House staff, as well as Interior Secretary Ken Salazar, are working with BP's chief executive officer Tony Hayward on legislation that would raise the cap on liability for damage claims from those affected by the oil disaster from $75 million to $10 billion. However, WMR's federal and Gulf state sources are reporting the disaster has the real potential cost of at least $1 trillion. Critics of the deal being worked out between Obama and Hayward point out that $10 billion is a mere drop in the bucket for a trillion dollar disaster but also note that BP, if its assets were nationalized, could fetch almost a trillion dollars for compensation purposes. There is talk in some government circles, including FEMA, of the need to nationalize BP in order to compensate those who will ultimately be affected by the worst oil disaster in the history of the world ....

The Obama administration also conspired with BP to fudge the extent of the oil leak, according to our federal and state sources. After the oil rig exploded and sank, the government stated that 42,000 gallons per day was gushing from the seabed chasm. Five days later, the federal government upped the leakage to 210,000 gallons a day.

However, WMR has been informed that submersibles that are monitoring the escaping oil from the Gulf seabed are viewing television pictures of what is a "volcanic-like" eruption of oil. Moreover, when the Army Corps of Engineers first attempted to obtain NASA imagery of the Gulf oil slick -- which is larger than that being reported by the media -- it was turned down. However, National Geographic managed to obtain the satellite imagery shots of the extent of the disaster and posted them on their web site.

There is other satellite imagery being withheld by the Obama administration that shows what lies under the gaping chasm spewing oil at an ever-alarming rate is a cavern estimated to be around the size of Mount Everest. This information has been given an almost national security-level classification to keep it from the public, according to our sources.