UncategorizedAugust 4, 2008 3:33 pm

Watch archetype video:

WASHINGTON

With $4 gas having massively shifted public persuasion in favor of domestic production, she wants to fortify her Democratic members from having to cast every anti-drilling election-year vote. Moreover, given the public mood, she might even lose. This cannot be permitted. Why? Because as she explained to Politico: “I’m trying to save the planet; I’m trying to economize the planet.”

A lovely sentiment. But has Pelosi actually thought through the moratorium’s actual effects on the planet?

Consider: 25 years agone, approximately 60 percent of U.S. barbadoes tar was produced domestically. Today it’s 25 percent. From its peak in 1970, U.S. prolongation has declined a staggering 47 percent. The nature consumes 86 million barrels a sunlight; the United States, roughly 20 million. We distress the medicine to trip our cars and planes and economy. Where does it come from?

Places like Nigeria, where chronic corruption, environmental neglect and resulting unrest and instability leadership to pipeline explosions, oil spills and unlawful siphoning by the poverty-stricken peopling

Compare the Niger Delta to the Gulf of Mexico, where deep-sea U.S. oil rigs withstood Hurricanes Katrina and Rita without a single undersea correctly suffering a significant shed.

The United States has the highest technology to ensure the safest drilling. Today, directional drilling

Does Pelosi apprehend that through so much of America declared off-limits, the planet is less injured while drilling shifts to Kazakhstan and Venezuela and Equatorial Guinea? That Russia bequeath subsist more environmentally conscientious than we in drilling in Arctic?

The net environmental effect of Pelosi’s no-drilling willfulness is . Outsourcing U.S. oil production does nothing to lessen worldwide environmental despoliation. It simply exports it to more corrupt, less efficient, more unstable endowments of the world

Democrats want no oil from the American OCS or ANWR. But of course they finish want more oil. From OPEC. From where Americans don’t vote. From places Democratic legislators can’t see.

On May 13, Sen. Chuck Schumer

The other panacea, yesterday’s rage, is biofuels: We can’t drill our way out of the crisis, it seems, but we can greenly grow our way out. By now, however, it is blindingly obvious on a level to Democrats that biofuels are a devastating force for environmental decadence. It has led to the rape of “lungs of the world” rainforests in Indonesia and Brazil as very large tracts have been destroyed to esteem room for palm oil and sugar plantations.

Here in the U.S., one out of every three ears of make tipsy is stuffed into a gas tank (by manner of ethanol), causing not just food shortages abroad and high prices at home, but intensive increases in farming with the whole of of the attendant environmental problems (foulness erosion, insecticide pollution, water consumption, etc.).

This to prevent drilling without interruption an area in the Arctic one-sixth the size of Dulles Airport that leaves untouched a refuge one-third the size of Britain.

There are a dizzying number of economic and national-security arguments for drilling at home: a $700 billion oil balance-of-payment deficit, a gas tax (equivalent) levied on the paychecks of American workers and poured into the treasuries of enemy and terror-supporting regimes, growing dependence on unstable states of the Persian Gulf and Caspian basin. Pelosi and the Democrats stand athwart shouting: We don’t care. We approach to save the planet!

They seem blissfully unaware that the argument for their drill-there-not-here policy collapses on its have a title to environmental terms.

letters@charleskrauthammer.com


Original text: http://seattletimes.nwsource.com/html/editorialsopinion/2008088702_krauthammer03.html?syndication=rss

Uncategorized 3:33 pm

Watch protoplast video:

“What is it about George W. Bush that makes you want to serve him?”

I have gone prompt and back for a during the time that a little while ago trying to figure exhausted where today’s rant should begin, but I find that I cannot possess past that disquisition. It was posed by Monica Goodling, an aide to then Attorney General Alberto Gonzales, to job seekers at the Department of Justice.

“What is it about George W. Bush that makes you want to serve him?”

Is it me, or doesn’t she sound less like a job interviewer than like an etc. girl splayed out on her receptacle, giggling with her girlfriend about some hottie actor they the two venerate? I mean, what, exactly, was an applicant expected to say?

“I adore his strong chin?”

“That crinkly smile really turns me upon?”

“I can’t impugn the manly twinkle in his eyes when he mispronounces ‘nuclear?’ “

Presumably, Goodling is somewhere doodling the president’s name and hers inside Valentine hearts space of time she awaits her fate. You see, she faces feasible professional sanctions against violations of both civil-service law and the DOJ’s own policy. As detailed last week in a Justice Department report, she and other aides systematically schemed to fill nonpolitical positions with Bush loyalists.

It wasn’t candid that she asked a point that would have been more at domicile on the cover of Tiger Beat. It was that she passed over a respected prosecutor with almost 20 years of actual trial for an serious counterterrorism work at jobs since his partner was unremitting in Democratic politics, hiring instead a Republican by three years’ experience. And that she denied one applicant on the suspicion

It goes upon. And on. Goodling’s priority was not experience, talent or competence. Rather, she was looking for, as she put it in a note, applicants who were suitably conservative on “god, guns + gays.”

Yes, every president is entitled to stock political positions with loyalists. But these were “not,” I repeat, political positions. Rather they were, or were supposed to be delivered of been, career, nonpartisan jobs: immigration judges, assistant U.S. attorneys, trial attorneys.

The moot point is, in this administration, there’s no such thing as a nonpartisan job. For them, the campaign not at any time ends.

Just hold out month, another report set up applicants for DOJ internships and honors programs reality turned away for political reasons. Then there’s Rajiv Chandrasekaran’s book, “Imperial Life in the Emerald City,” which recounts how people interviewing to work in the Green Zone in Iraq were asked their opinion of Roe v. Wade, among other conservative litmus tests.

What does abortion political science have to do with turning on the electricity in Baghdad? Hey, you got me.

This administration prizes ideological purity above ability. As a result, it has driven the presidency off a cliff, the country following close behind. These are not people who came to government to govern. No, these are true believers who came to state to institutionalize true belief, to make it persistent as a imperfection.

There is something Stepford, something robotic and chilling, in the glassy-eyed, ends-justifies-the-means faith of these youthful Bush aides in their own righteousness. Forget credibility. Forget competence. Just give us your answer, please: “What is it in all parts of George W. Bush that makes you failure to serve him?”

It is a telling question. Apparently, these people have forgotten or never even knew: It wasn’t George W. Bush they were supposed to serve.

lpitts@miamiherald.com


Original text: http://seattletimes.nwsource.com/html/editorialsopinion/2008088700_pitts03.html?syndication=rss

Uncategorized 3:32 pm

BP’s profitable juncture venture, TNK-BP is crumbling over a wrangle by its Russian partners about reinvesting dividends

By Stanley Reed in London and Miriam Elder in Moscow

Watch original video:

In the fall of 2003, BP’s (BP) then-chief executive officer, John Browne, flew to Moscow to kick off a groundbreaking Russian cut up venture called TNK-BP. Browne was thrilled through the deal, which gave the British oil giant a position in a key country, but he was well conscious of the risks. Russia, Browne said aboard BP’s wood-paneled Gulfstream 5, is sure to be a big player in energy. “The question is whether you own being possible to work there,” he said.

Five years later, Browne’s successor, Tony Hayward, is discovering that the answer ability just be no. Hayward is locked in a contest with BP’s Russian billionaire partners, a group called Alfa, Access/Renova, or AAR. The fight has driven TNK-BP’s CEO, Robert Dudley, wanting of the country and has cast doubt over BP’s once-golden future in Russia. “We’re committed to finding a solution that’s acceptable to all parties,” Hayward says. “Whether that’s practicable,” he adds, “we’ll see.”

Knowing the difficulties of Russia—and the bare-knuckled operators he picked as partners—Browne crafted a bestow he hoped would stand the test of age. He struck a 50-50 joint venture agreement with the Russians, who had bought oil fields during the freewheeling privatizations of the 1990s. Both sides gained equivalent; of the same extent representation onward TNK-BP’s board. The Russians got to nominate the chairman, and chose MikhailFridman, AAR’s leader. BP nominated Dudley, an American and a longtime protege of Browne, to be CEO. The company was incorporated in the British Virgin Islands, and disputes were to be settled by intercession in Stockholm—something the pair sides are now considering.

VICTIMS OF SUCCESS

The traffic was inked in June 2003, in a gala ceremony at 10 Downing St. in London, with Russian President Vladimir Putin and British Prime Minister Tony Blair looking on. Marrying BP’s know-how to Russian resources has been a big prosperity. TNK-BP’s produce has grown faster than any other Russian player’s, and its 1.6 million-barrel diurnal output makes it the country’s third-largest oil gathering. On July 29, BP reported that its share of TNK-BP’s net income toward the first half of 2008 was $2.1 billion, almost triple what it was for the same period in 2007. Over the years, BP and AAR have each gotten dividends totaling $10.2 billion from the venture.

Those fat payouts haven’t kept the relationship from going rancid. At a board meeting in November, the two sides found themselves far apart on the dividends. Dudley argued that with lengthening flattening and profits flagging because of steep Russian taxes, it made more sense to crack dividends and plow earnings into new fields and equipment, time the Russians wanted to keep the cash flowing. “Any CEO who comes to the food with a plan allied that should immediately submit his resignation,” says Stan Polovets, CEO of AAR. Eventually, the two sides agreed to go ahead with a capital expenditure of $4.4 billion for 2008 and to pay out $1.2 billion in dividends to each group in the first quarter, a TNK-BP spokesperson says.

But this hop, the bicker got nasty. AAR called for Dudley’s dismissal and demanded changes in governance, including an independent CEO. On July 15, Polovets wrote to Dudley saying AAR at once opposes capital spending of in greater numbers than $3.5 billion this year and menace to hold the CEO personally responsible for anything the company spent over that amount. For his part, BP headmost Hayward says the Russian shareholders want “to tear up the agreement that they willingly signed.”

For the past few months, BP has been slapped surrounding by means of various state agencies. In March, Russia’s secret service, the FSB, swooped in on a Moscow cafe and arrested a Russian-American working for TNK-BP, charging him with industrial espionage. In April, Tetlis, a body founded by former employees of Fridman’s Alfa Bank, filed a suit in law in the Siberian incorporated town of Tyumen off TNK-BP, alleging it had improperly hired technical experts from BP. Tetlis won the first round, on the other hand BP plans to appeal.


Original text: http://rss.businessweek.com/~r/bw_rss/europeindex/~3/351891925/b4095050383376.htm

Uncategorized 3:32 pm

NEW DELHI —

Watch primitive video:

(AP) - Police say 68 people killed in house of god stampede in northern India.


Original text: http://seattletimes.nwsource.com/html/nationworld/2008080996_apapnewsalert.html?syndication=rss