Morally Bankrupt........And Brought

What is wrong with this country ?
A federal judge in New Orleans on Tuesday sided with the oil industry, striking down the temporary moratorium on new offshore exploration and deepwater drilling the Obama administration imposed last month. That judge, it turns out, has in recent years had interests in Transocean—the world's largest offshore drilling company and the owner of the Deepwater Horizon rig—as well as other energy companies engaged in offshore oil extraction.

According to the most recently available financial disclosure form for US District Court Judge Martin Feldman, he had holdings of up to $15,000 in Transocean in 2008. He has also recently owned stock in offshore drilling or oilfield service providers Halliburton, Prospect Energy, Hercules Offshore, Parker Drilling Co., and ATP Oil & Gas. Feldman was appointed by President Ronald Reagan in 1983.
So this Reagan appointee with ties (at least old ties, at the very least) to the oil industry, rules in favor for the oil industry.

What is wrong with this country still?

Comments

Popular posts from this blog

The Cinema For 8/20/10: Only The Nanny Serves The Good Stuff This Week

Andrew Jones' Media Portfolio