Red Lines and Rockets: Reframing the War on Gaza
4 hours ago
"All The News You Never Knew You Needed To Know ...Until Now." July 12 2010 Travus T. Hipp Morning News & Commentary: Why I'm Not 'Stimulated' - Those 'Shovel Ready Jobs' Didn't Have Any 'Shovels' And The State/Local Governments Are Responsible [Pop Out Player? Click Here] Prefer An MP3 Playlist? It's Here: [192kbps CBR 9:54 Minutes] Other Audio Formats Available [ Here ] Twitter This Commentary |
[NYT] With pockets as deep as BP’s — its assets are worth more than $260 billion — the possibility that it might be forced to seek bankruptcy protection because of the Gulf of Mexico oil spill is considered remote by many industry experts.
But what if the company’s plan to contain the spill in the next several days does not work, and other efforts to stop the gushing oil also fail?
If that were to occur, the worst-case projections of some experts, if they came to pass, would strain the ability of any company to pay, said Robin K. Craig, associate dean for environmental programs at the Florida State University College of Law.
Professor Craig said that if the oil hit the Gulf Stream and was carried by currents to East Coast states, Cuba and other Caribbean nations, and possibly even Britain, lawsuits could quickly mount to levels even BP could not handle.
“My bet is that BP will finally go bankrupt from the tort liability and the environmental liability,” she said. “Hypothetically, a bluefin tuna farmer in the Mediterranean could end up with a claim against BP.” [In Full]
"The Wall" (or some reasons why Americans can't seem to change their political system)
The election of Barack Obama in 2008 seemed to many of us to herald a new era. But it has only served as proof of something many of us have written about for years: our political practices — the absolutely corrupting influence of money, the dependency upon an out-of-touch political elite, barriers to voting and political participation — are structurally biased against progressive achievement. More @ Firedoglake
Syncrude Guilty in Duck Deaths
25 June 2010
Syncrude was convicted today of provincial and federal charges for the deaths of 1,600 ducks that got sucked into the slime in the company's tar sands tailing pond in April 2008.
The company is now liable to fines of up to $800,000 and company officers face jail time, but a date for sentencing has yet to be set and no one believes that either level of government will throw the book at Canadian oil executives.
Syncrude had argued that it was operating its toxic waste dump with provincial and federal permits and that any conviction would render a continuation of the tar sands industry impossible. The judge wasn't buying. He noted that Syncrude has crews dedicated to deterring birds from landing in its oily sludge, but observed that the crews only work Monday to Thursday.
Apparently, the judge took as unreasonable Syncrude's apparent optimism that migratory birds would take the weekend off. [In Full]
Back in the summer of 1962, the U.S. blew up a hydrogen bomb in outer space, some 250 miles above the Pacific Ocean. It was a weapons test, but one that created a man-made light show that has never been equaled — and hopefully never will. Here it is... [In Full]
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