President Trump aims to roll back the Obama administration’s attempts to ban oil drilling off the southeastern Atlantic and Alaskan coasts. ...more
First printed in TruthDig as Death Came by Water First, Then Oil
It was Good Friday, 50 years ago on March 27, 1964, that according to seismologists, the snow peaks of Prince William Sound jumped 33 feet into the air and fell back down. Emergency warnings about an earthquake-spurred tsunami went out to towns from Valdez, Alaska, to Malibu, Calif., but no one thought to send a message to the Chugach Natives in Chenega, Alaska.
Chenega chief Nikolas Kompkoff watched the mountains leap and the waters around his island disappear over the horizon.
Knowing the water would return with a vengeance, he ran his four daughters up a hill toward high ground. But the nine-story-tall tsunami was moving too fast for their little legs. Kompkoff made a decision: He grabbed the two girls closest to him, tucked them under his arms and ran up the slope, leaving the other two to be seized by the wave.
Days later, a postal pilot on his weekly mail drop could not find Chenega because every single house – and a third of the residents – had been washed out to sea.
When he circled back to the site he saw the village’s church on the hill with …more
Nowhere are the ill-gotten gains of the 1% more grossly apparent than in the activities of ‘debt vulture’ hedge funds
As published by The Guardian America
This article is the subject of a legal complaint from Peter Grossman.
This past Sunday, a deputation from Occupy Wall Street crossed the bridge from Manhattan and brought its protest to the Brooklyn residence of one of New York’s “vultures” This type of vulture doesn’t roost in a tree, but in a swish brownstone.
A “vulture” is a financial speculator who, as we recently reported, gets his hands on debts owed by desperately poor nations. The Brooklyn “vulture” targeted by OWS and Friends of the Congo is Peter Grossman. Two weeks ago, the Guardian exposed him as a financier who is demanding the Democratic Republic of the Congo, the world’s poorest nation, pay $100m to the hedge fund he manages, FG Hemisphere.
Grossman, tipped off about the demonstration, …more
For Air America Radio’s Ring of Fire
There’s an easy way to find oil. Go to some remote and gorgeous natural sanctuary, say Alaska or the Amazon, find some Indians, then drill down under them.
If the indigenous folk complain, well, just shoo-them away. Shoo-ing methods include: bulldozers, bullets, crooked politicians and fake land sales.
But be aware. Lately the Natives are shoo-ing back. Last week, indigenous Peruvians seized an oil pumping station, grabbed the nine policemen guarding it and, say reports, executed them. This followed the government’s murder of more than a dozen rainforest residents who had protested the seizure of their property for oil drilling.
Again and again I see it in my line of work of investigating fraud. Here are a few pit-stops on the oily trail of tears:
In the 1980s, Charles Koch was found to have pilfered about $3 worth of crude from Stanlee Ann Mattingly’s oil tank in Oklahoma. …more