The oil spill was arm-twisting blackmail coercion to pass financial regulation.

Vatic Note: Well this is probably one of the better explanations for what BP did. I dreamed up a few myself but actually this one makes perfect sense and the timing was exactly as Dick says it was. So I am going with this one. If they don't like it they can sell their press to someone who will give us the truth and then they don't have to worry about speculation anymore.  I would have added the word "BOGUS" financial regulation.  THEY AREN'T DONE WITH US YET.... BUT WE AREN'T DONE WITH THEM EITHER.  We have only just begun to fight.   What is it the Japanese said in World War II???  "I am afraid we have awoken a sleeping tiger".  Indeed.  

Well capped/oil stopped within 2 hours after passage of financial reform power giveaway!!
legislation turning over all financial regulation to the Federal Reserve
Commentary by Dick Eastman, Yakima, Wa., USA
June 16, 2010

The oil spill was arm-twisting blackmail coercion to pass financial regulation. As soon as they got what they wanted the well was shut off at the cap, just like they always could have done if and when they wanted to.

Well leak simply shut off at the cap within two hours of passage of legislation relinquishing all government right to supervision of the financial sector, which is now in the exclusive hands of the private Rothschild/Rockfeller owned Federal Reserve Bank.



The legislation also allows the government to act as contract hit-man for any bank which the Federal Reserve deems -- by its own criteria -- to deserve shutting down. The United States government has cuts its own arms off and popped its own eyeballs with respect to financial crime. The blackmailing mass-murdering masters of the earth are now unconstrained as they are free to use their economic and financial controls to diminish us to nothing and step on us at will.

And the Gulf is still dead.

Answer me this: Who represented you and me on this deal? Was it Ron Paul? Where was he? Was in Glenn Beck? Where was he? Was it Celente or Alex Jones?  We still face famine in the spring and now endless debt slavery and total economic regulation of our lives by people who consider us less-than useless vermine.  We just were not intelligent and motivated enough to form organized resistance. We all let each other down.

Oil and Finance

November 11, 2009 — Goldman Sachs (GS), Morgan Stanley (MS), BP (BP), Total (TOT), Shell (RDS.A), Deutsche Bank (DB) and Societe Generale (SCGLY.PK) founded the Intercontinental Exchange (ICE) in 2000. ICE is an online commodities and futures marketplace. It is outside the US and operates free from the constraints of US laws. The exchange was set up to facilitate "dark pool" trading in the commodities markets. Billions of dollars are being placed on oil futures contracts at the ICE and the beauty of this scam is that they NEVER take delivery, per se. They just ratchet up the price with leveraged speculation using your TARP money. This year alone they ratcheted up the global cost of oil from $40 to $80 per barrel.

A Congressional investigation into energy trading in 2003 discovered that ICE was being used to facilitate "round-trip" trades. "Round-trip" trades occur when one firm sells energy to another and then the second firm simultaneously sells the same amount of energy back to the first company at exactly the same price. No commodity ever changes hands. But when done on an exchange, these transactions send a price signal to the market and they artificially boost revenue for the company. This is nothing more than a massive fraud, pure and simple.

This is how the geniuses on Wall Street earn their big bonuses—they steal it. . . "It appears clear that BP and Goldman Sachs have been working collaboratively—at least at a strategic level—for maybe 15 years now. Their trading strategy has evolved over time as the global market has . . . become ever more financialised. . ."
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Goldman bets on starvation

July 2, 2010 — By now, you probably think your opinion of Goldman Sachs and its swarm of Wall Street allies has rock-bottomed at raw loathing. You're wrong. There's more. It turns out that the most destructive of all their recent acts has barely been discussed at all. Here's the rest. This is the story of how some of the richest people in the world—Goldman, Deutsche Bank, the traders at Merrill Lynch, and more—have caused the starvation of some of the poorest people in the world.

It starts with an apparent mystery. At the end of 2006, food prices across the world started to rise, suddenly and stratospherically. Within a year, the price of wheat had shot up by 80 per cent, maize by 90 per cent, rice by 320 per cent. In a global jolt of hunger, 200 million people—mostly children—couldn't afford to get food any more, and sank into malnutrition or starvation. There were riots in more than 30 countries, and at least one government was violently overthrown. Then, in spring 2008, prices just as mysteriously fell back to their previous level. Jean Ziegler, the UN Special Rapporteur on the Right to Food, calls it "a silent mass murder", entirely due to "man-made actions". . .

Full story: independent.co.uk

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