Slog
News & ArtsTuesday, January 3, 2012
Money When Sharks Attack Sharks
Posted by Charles Mudede on Tue, Jan 3, 2012 at 8:57 AM
BP Plc seeks to have Halliburton Co., its cement contractor for the Macondo well project whose blowout set off the 2010 Gulf of Mexico oil spill, pay all of the oil company’s related costs and damages...Sharp teeth meets sharp teeth, insatiable hunger meets insatiable hunger, void meets void.BP and Halliburton accuse each other’s employees of making critical mistakes that caused the blowout of the London-based oil company’s well off the Louisiana coast in 2010.
2
The fallacy of assumptions,
"When Sharks Attack Sharks" ---- which suggests there may exist a difference in the majority ownership of both corporations ---- wanna bet?????
Who owns the majority of BP? Who is the majority owner of Halliburton????
What is the single most difficult thing to ascertain today in America? Who the acgtual majority owner is (some talking twat will also proclaim: "the shareholds" -- this "foundation" or that "foundation," ad infinitum).
sgt_doom's history lesson for unforunates who walk into airplane propellers:
Back in 1907, there came into being the first securitization in America: a mortgage bond with a senior tranche, created by Samuel W. Straus in NYC.
Next came 1913, when their tools were passed into law:
(1) Federal Reserve System, establishing the credit and money-creation monopoly;
(2) the Federal Income Tax (16th Amendment), then going directly to the Federal Reserve Bank as it was created to pay them the interest on that money created and loaned to the government;
(3) the oil depletion allowance, further giveaway by subsidizing the bank/oil cartel (basically merged or were always one); and,
(4) legislation restructuring foundations, awarding them tax exemptions, so the plutocrats could shelter (hide) their wealth untaxed, and use it as a cutout to hider ownership of other corporations and financial entities.
Fait accompli!
"When Sharks Attack Sharks" ---- which suggests there may exist a difference in the majority ownership of both corporations ---- wanna bet?????
Who owns the majority of BP? Who is the majority owner of Halliburton????
What is the single most difficult thing to ascertain today in America? Who the acgtual majority owner is (some talking twat will also proclaim: "the shareholds" -- this "foundation" or that "foundation," ad infinitum).
sgt_doom's history lesson for unforunates who walk into airplane propellers:
Back in 1907, there came into being the first securitization in America: a mortgage bond with a senior tranche, created by Samuel W. Straus in NYC.
Next came 1913, when their tools were passed into law:
(1) Federal Reserve System, establishing the credit and money-creation monopoly;
(2) the Federal Income Tax (16th Amendment), then going directly to the Federal Reserve Bank as it was created to pay them the interest on that money created and loaned to the government;
(3) the oil depletion allowance, further giveaway by subsidizing the bank/oil cartel (basically merged or were always one); and,
(4) legislation restructuring foundations, awarding them tax exemptions, so the plutocrats could shelter (hide) their wealth untaxed, and use it as a cutout to hider ownership of other corporations and financial entities.
Fait accompli!
3
Macondo. One Hundred Years of Solitude would have been be my 10,000th guess for BP's favorite book.
Advertisement
Most Commented on Slog
-
Hating People Doesn't Make Them Thinner by Jen Graves
-
Los Angeles Gay Bar Bans Bachelorette Parties Until Marriage Equality Is Attained by David Schmader
-
Fill in the Blank by Grant Brissey
-
This Reminds Me of the Great Calculator Scare of the Late '70s/Early '80s by David Schmader
-
Idiot Tries to Defend Bigoted Anti-Gay-Marriage Preacher on Anderson Cooper by Paul Constant
-
Six Moms with Too Much Time on Their Hands and a Shitty Website Decide to Fight Gay Superheroes by Paul Constant
-
What the Hell Is Wrong With Seattle's Pride Parade? by Dominic Holden
-
The Saturday Morning News by Unpaid Intern
-
Why Mayor McGinn's Wife Canceled Her Family's Seattle Times Subscription by Eli Sanders
-
The Sunday Morning News by Unpaid Intern
RSS
Facebook
Twitter
Comments (4) RSS