BP's Alaska Oilfield Plagued By Major Safety Issues

http://www.truth-out.org/documents-employees-reveal-bps-alaska-oilfield-plagued-by-major-safety-issues60470



Cultural Extinction

Jordan Flaherty, Truthout: "As BP's deepwater well continues to discharge oil into the Gulf, the economic and public health effects are already being felt across coastal communities. But it's likely this is only the beginning. From the bayous of southern Louisiana to the city of New Orleans, many fear this disaster represents not only environmental devastation, but also cultural extinction for peoples who have made their lives here for generations."

http://www.truth-out.org/cultural-extinction60450



BP Is a Corporate Criminal

Jim Hightower, Truthout: "Gosh, how quickly things turn. One day, you're a strutting peacock - the next day, you're just another gasping, oil-covered bird. In early April, BP was strutting about in full corporate splendor, showing off the $9 billion in profits that it had soaked up in just the first three months of this year."

http://www.truth-out.org/jim-hightower-bp-is-a-corporate-criminal60476



This Modern World

Award-winning political cartoonist Tom Tomorrow features the character "Invisible-Hand-of-the-Free-Market-Man," who explains to taxpayers why they are going to be taking care of BP's mess.

http://www.truth-out.org/files/images/Tom%20Tomorrow%206-16.png



Investigation Shows BP Cut Costs Before Blowout

Mike Ludwig, Truthout: "House Democrats are asking BP Chief Executive Officer Tony Hayward about risky cost-cutting and time-saving measures identified by a Congressional investigation that appear to have increased the risk of a blowout on the Deepwater Horizon oil rig in the Gulf of Mexico."

http://www.truth-out.org/bp-blame60485

--------

No we can't -- chaotic failure of efforts to protect Gulf coast
http://www.ufppc.org/us-a-world-news-mainmenu-35/9735/

--------

Documents reveal BP's missteps before blowout

BP made a series of money-saving shortcuts and blunders that dramatically increased the danger of a destructive oil spill in a well that an engineer ominously described as a "nightmare" just six days before the blowout, according to documents released Monday that provide new insight into the causes of the disaster.

http://www.msnbc.msn.com/id/37695879/ns/disaster_in_the_gulf



BP Lines Up War Chest

Sky News has exclusively learnt that BP is lining up a £5bn war chest from banks to help meet the costs of the oil spill.

http://tinyurl.com/28juxcd


From Information Clearing House

--------

On the History of BP/British Petroleum and Its Role in the 1953 Iran Coup
http://www.commondreams.org/video/2010/06/15-0

Closing BP's Escape Routes
http://www.commondreams.org/view/2010/06/15-7

Center for Biological Diversity: Legal Petition Filed to Reform Policy That Allows Oil Drilling to Evade Environmental Review

http://www.commondreams.org/newswire/2010/06/15-14

Rainforest Action Network: Oil Lobbyists and Lawyers Crowd out Public in Today’s Oil Hearing

http://www.commondreams.org/newswire/2010/06/15-6

--------

The Gulf spill, the financial crisis and government failure

Cato Institute
by Gerald P. O'Driscoll, Jr.

06/12/10

The Gulf oil spill and the global financial crisis both demonstrate the failings of big government. Partisan politics obscures the linkage, with the consequence that each political party repeats the mistakes of the other as its turn to govern arrives...

http://www.cato.org/pub_display.php?pub_id=11892



Who’s liable for the Gulf oil spill? You are

Reason
by Ronald Bailey

06/15/10

BP has repeatedly promised to pay all ‘legitimate claims’ for loss and damage as a result of the Gulf oil spill, now vying for the title fourth biggest oil spill in history at 2.3 million barrels of crude over the past two months. And that’s exactly as it should be. But how can the company pay off all the claims it faces?

http://reason.com/archives/2010/06/15/whos-liable-for-the-gulf-oil-s


Informant: Thomas L. Knapp

--------

Gulf of Mexico Deja Vu
http://www.brasschecktv.com/page/867.html



http://freepage.twoday.net/search?q=financial+crisis
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