Does This Make Sense?

March 31, 2010 the New York Times reports: "The Obama administration is proposing to open vast expanses of water along the Atlantic coastline, the eastern Gulf of Mexico and the north coast of Alaska to oil and natural gas drilling, much of it for the first time...The proposal is to be announced by President Obama and Interior Secretary Ken Salazar at Andrews Air Force Base in Maryland..."

April 20, 2010: "A methane bubble comes up from the well and explodes, killing 11 and injuring 17. The subsequent fire will burn for two days and ultimately sink the platform. The blow-out preventer, a device on the ocean floor engineered to stop the flow of oil in case of emergency, fails to engage, and crude oil gushes from the wellhead some 5,000 feet below the water’s surface." [SOURCE] Resulting in the infamous BP oil spill we've heard about over the last five months.

April 30, 2010: "Ten days after the initial explosion, the Obama administration issues a moratorium on deepwater drilling. The decision sparks controversy in Gulf communities dependent on oil drilling jobs. The 5th U.S. Circuit Court of Appeals will effectively overturn the ban on July 9." [SOURCE]

July 14, 2010: "Despite two federal court rejections of a drilling moratorium in the Gulf of Mexico, President Obama has ordered a second round of deepwater suspensions while federal investigators examine the BP catastrophe. 'A pause on deepwater drilling," said Interior Secretary Ken Salazar in an official announcement, "is essential and appropriate to protect communities, coasts, and wildlife from the risks that deepwater drilling currently pose.'" [SOURCE]

August 21, 2010: "Federal documents show the Interior Department estimated its six-month ban on deepwater oil-and-gas drilling would temporarily cost about 23,000 jobs..." [SOURCE]

September 12, 2010: "Despite President Obama’s moratorium on U.S. deepwater drilling in the Gulf of Mexico, the U.S. Export-Import Bank, with govt approval, intends to guarantee $1 billion in loans to PEMEX, the Mexican state oil company, to bolster the company’s oil drilling in the region... the Obama administration is happy to give a foreign country money to do what it prohibits by law its own country to do." [SOURCE]

So I ask you again, does this make sense? Obama bans oil drilling in the gulf and any future drilling, which has cost tens of thousands of jobs during a recession! The economic impact alone in the gulf region is getting worse because of it, not better. Now with government approval loans Mexico a billion dollars to exploratory drilling in the same area that' Obama banned! It doesn't make sense...unless you understand Obama and possible motives and plans of the Progressive agenda to redistribute the wealth from the rich to the poor...not just on a national level, but a global level.

More to come on this post...about global distribution of wealth. Actually, Glenn Beck explains it the best...please follow the link below and spend the 20 minutes watching the clip.


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