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Judge Who Nixed Drilling Ban Had Oil Investments

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posted on Jun, 23 2010 @ 08:56 AM

The Louisiana judge who struck down the Obama administration's six-month ban on deepwater oil drilling in the Gulf of Mexico has reported extensive investments in the oil and gas industry, according to financial disclosure reports. He's also a new member of a secret national security court.

U.S. District Judge Martin Feldman, a 1983 appointee of President Ronald Reagan, reported owning less than $15,000 in stock in 2008 in Transocean Ltd., the company that owned the sunken Deepwater Horizon drilling rig.

Feldman overturned the ban Tuesday, saying the government simply assumed that because one rig exploded, the others pose an imminent danger, too.

I agree with the offshore drilling moratorium, but I also understand the people who oppose it because drilling is their careers, but that is not why this guy stopped the moratorium it is because he is corrupt. But does this really surprise anyone? I mean really, like none of us expected this?

It's kind of funny that the government will protect their people until they piss them off then they expose them for what they really are. I wish the White House would piss itself off, maybe they would then let us know how corrupt they are.

posted on Jun, 23 2010 @ 08:58 AM
Sorry OP, this is a red herring.

"...the New Orleans judge who overturned Obama's impromptu decision to bar deepwater drilling held energy stocks as recently as 2008. As this was two years ago and took place in the gulf region, this seems like an earnest effort to create page views out of loud headlines, and nothing else..."

and then:

" 'Some environmental groups are already releasing statements noting what appears to be a conflict of interest on the part of Judge Feldman.... However, a lawyer with non-profit public interest law firm Earthjustice told the Chronicle..that the organization did not ask for a recusal, nor did the issue ever come up,'

So, in layman's term --NO, there's no evidence that Feldman still had those said stocks at the end of 2008, nor that he still holds them during the period of the moratorium hearing. And...YES, the environmental groups would love nothing more than to see Feldman recused on conflict, but were unable to raise it as a cause."

The media want oh so very desperately to be the point-men on the offshore drilling ban and are quite exercised at the thought of an independent judiciary.

If I need to explain why an offshore drilling ban is a bad thing, well then...

posted on Jun, 23 2010 @ 09:21 AM

Originally posted by tetrahedron

If I need to explain why an offshore drilling ban is a bad thing, well then...

I think you do, because 90% of American's are sports watching, Cheeto eating, lazy, dumb, slovenly, idiots that have been brainwashed into worshiping everything government tells them, thanks to the public education system and mainstream television.

Most people think we put fairy dust in our cars and the lights come on in our homes because hamsters run on little wheels.

posted on Jun, 23 2010 @ 09:24 AM
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