Wednesday, June 16, 2010

June 16 2010 Travus T. Hipp Morning News & Commentary: The Nationalization Of US Oil Production?

"All The News You Never Knew You Needed To Know ...Until Now."

Cabale News ServiceJune 16 2010 Travus T. Hipp Morning News & Commentary: The Nationalization Of US Oil Production? President Obama Has Been 'Getting His Ducks In Order Before He "Shoots"' BP's CEO In Conference Today

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In The News:
Last night president Obama delivered a sitrep regarding the BP oil spill in the Gulf of Mexico and it wasn't inspirational as much as it was informational. This morning BP's Chairman Of the Board will meet with Obama who will attempt to give him his 'marching orders' including $20-40 billion in an escrowed trust fund for the payment of claims of livelihood loss, property destruction, and health damage due to toxins. Meanwhile BP has gotten the OK to burn the spilled oil at the site. Don't worry, you won't see a thing... even as the burn make the air for miles around toxic to all life.

Oil Burnoff

More? See: Why the U.S. Still Can't Get BP to Do What's Necessary

Israel is indicating it plans to ease the blockade of Gaza as the Iranian ported Gaza relief ships close in on their territorial waters.

The US has recognized the Shinnecock Native Americans on Southern Long Island New York paving(sic) the way for the tribe to build a casino. More on New York's tribal groups here

Proposition 8 is in a California US District court for the final arguments today. There are 25 specific questions the judge wants both sides to have answered. This case will undoubtedly end up in the 9th Circuit Court, and probably go on to the US Supreme Court.


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