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Barack Obama: Liar, Warlord and Corporate Shill

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Barack Obama: Liar, Warlord, and Corporate Shill - by Stephen Lendman

It shouldn't surprise because no one gets the top job or any government position of power unless they're safe. Yet, naively, most people thought Obama was different. Many still do.

As a candidate, he promised change, a new course, sweeping government reforms, addressing people needs, and "ensur(ing) that the hopes and concerns of average Americans speak louder in Washington than the hallway whispers of high-priced lobbyists" - the same ones who bought and now own him.

He promised peace and delivered war; real health and financial reform, not same old, same old; help for millions losing jobs, homes, hope and futures, not handouts to Wall Street and other industry favorites; regulatory oversight, not the usual incestuous government-industry ties, making disasters like in the Gulf possible, and when they happen conspiring with offenders in coverup, distortion, lies, and a total disregard for the environment, wildlife, and way of life for thousands - let alone permanent damage to a vital ecosystem.

At the same time, Big Oil gets billions in subsidies, special tax breaks and other financial benefits, besides operating in a regulatory-free environment.

The 1995 Outer Continental Shelf Deep Water Royalty Relief Act (DWRRA - courtesy of Bill Clinton) exempted royalties on defined amounts of deep water production. After its 2000 expiration, the law was redefined and extended to promote further deep water drilling.

The Minerals Management Service (MMS) defines it as having a water depth of 200 meters (656 feet). To be eligible, leases must be in the Gulf of Mexico, west of 87 degrees and 30 minutes west longitude (the Florida-Alabama boundary), and MMS must determine that the site isn't economically viable without relief.

Given longstanding MMS-industry coziness, it's practically rubber-stamp. DWRRA also reduced royalties on pre-November 28, 1995 leases, decided by the Interior Department Secretary on a case-by-case basis - again, practically assured by officials with close industry ties.

The 2005 Energy Policy Act was one of the friendliest ever with over $10 billion in handouts. It lets oil giants pay federal royalties in barrels of oil and grants exemptions on some wells, subsidizes a new R & D program for ultra deep water drilling and unconventional oil and gas development, creates hundreds of millions of dollars in new tax breaks, increases what oil and gas companies can deduct on pipeline expenses, provides more liability protection besides the $75 million cap (established by the 1990 Oil Pollution Act after the 1989 Exxon Valdez disaster, an amount too small to matter).

As an Illinois senator, six months into his term, Obama supported it, an early clue to where he stood, and how he hoped to gain - the usual "you scratch my back, I'll scratch yours" payoff.

It worked hugely with BP, the Center for Responsive Politics (CRP) reporting that its employees and political action committees gave more to him than to any other federal candidate in the past 20 years.

During his 2008 campaign, CRP reported that the oil and gas industry overall gave him $884,000, more than any to other lawmaker except John McCain, and no wonder. His Senate voting record showed what they bought:

-- the right of mining companies to strip mine everywhere, including on government lands;

-- vast new powers and handouts to the nuclear industry;

-- harmful biofuels production;

-- lax regulation; and

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I was born in 1934, am a retired, progressive small businessman concerned about all the major national and world issues, committed to speak out and write about them.

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President Obama's politically-fatal error of judge... by Aurora on Sunday, May 30, 2010 at 1:58:57 PM
I really think you need to be arrested and not hea... by Dakotahgeo on Sunday, May 30, 2010 at 4:15:52 PM
Always a Pleasure!... by iamjmb on Sunday, May 30, 2010 at 5:12:17 PM
On one hand I agree with this. After all, Obama's ... by Samson on Monday, May 31, 2010 at 2:08:40 AM
An analogy of our situation:We're inside the cockp... by Perry Logan on Monday, May 31, 2010 at 5:54:41 AM
STEPHEN, YOU WHO.S BEHIND BP, ROYAL DUTCH SHELL, A... by MARGARET BASET on Monday, May 31, 2010 at 6:29:58 AM
Yes, I too was caught up in 'Change". But with ret... by Buck Jackson on Monday, May 31, 2010 at 1:46:07 PM
Next time, please learn to pick up on it before th... by Samson on Wednesday, Jun 2, 2010 at 12:50:36 AM