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AP / Paul Sakuma

Invasion of the Robot Home Snatchers

How do you foreclose on a home when you can’t figure out who owns it because the original mortgage is part of a derivatives package that has been sliced and diced so many ways that its legal ownership is often unrecognizable?

Posted on Oct 12, 2010 READ MORE



Flickr / dsearis

Again With the Offshore Drilling

After clamping down and imposing a ban on offshore drilling in the wake of last spring’s disastrous oil spill in the Gulf of Mexico, Interior Secretary Ken Salazar announced Tuesday that the moratorium is over and, as he put it, “We are open for business.”

Posted on Oct 12, 2010 READ MORE



AP / Sebastian Scheiner

Netanyahu Urges Settler Restraint

With a 10-month moratorium on settlement construction in the West Bank about to expire, Israeli Prime Minister Benjamin Netanyahu is urging Israeli settlers to show restraint. President Barack Obama has prodded Israel to extend the moratorium, and Palestinian leader Mahmoud Abbas says Israel must choose between peace and the continuation of Jewish settlements.

Posted on Sep 26, 2010 READ MORE



Wikimedia Commons

The Cost of Not Drilling

Previously undisclosed documents have measured the economic impact of the U.S. federal moratorium on deep-water oil drilling at 23,000 jobs lost and billions of dollars in frozen investment. Federal officials went ahead with the ban, now tied up in court, because they distrusted industry safety equipment and standards.

Posted on Aug 22, 2010 READ MORE


BP protest
AP / Gregory Bull

U.S. Gov’t Tries Again in Bid for Offshore Drilling Ban

After an earlier attempt at enforcing a moratorium on offshore oil drilling was struck down, the federal government released a revised version Monday. Given, you know, the whole Gulf of Mexico object lesson, finding a way to push this one through might be useful.

Posted on Jul 12, 2010 READ MORE


Arbitrary and Capricious, Indeed

If you’re worried about judicial activism, take a look at the Ronald Reagan-appointed federal judge in New Orleans who just lifted the Obama administration’s moratorium on deep-water drilling.

Posted on Jun 24, 2010 READ MORE



house.gov

Federal Judge Blocks Drilling Moratorium

You’d think that it might be a no-brainer to take the Obama administration’s suggestion that perhaps, just maybe, deep-water drilling projects ought to be put on hold in light of the Gulf of Mexico mega-disaster and all.  (continued)

Posted on Jun 22, 2010 READ MORE



Wikimedia Commons

Deep-Water Drilling Ban Idles Workers

The Obama administration’s moratorium on deep-water drilling is affecting not only the oil companies but also the tens of thousands of workers who depend on the rigs for their livelihood and are now being laid off. To make matters worse, some of the rig owners are exploring moving their operations to other countries.

Posted on Jun 18, 2010 READ MORE


Casey
U.S. Army / D. Myles Cullen

Army Chief Voices ‘Serious Concerns’ About ‘Don’t Ask, Don’t Tell’ Change

Although other military leaders have expressed their support for a moratorium on the infamous “don’t ask, don’t tell” policy regarding American gay and lesbian troops, Gen. George W. Casey Jr., the U.S. Army chief of staff, expressed reservations to senators on Tuesday about changing the law in wartime.

Posted on Feb 23, 2010 READ MORE


McCain
AP photo / Gary Kazanjian

McCain’s $300M Sweepstakes

John McCain is showing his commitment to lessening America’s dependence on foreign oil by offering a $300 million prize to anyone who can conjure up a superior automobile battery, energy-wise, than the current standard. But at the same time, he’s supporting Bush’s push to lift the ban on drilling in U.S. coastal waters.

Posted on Jun 23, 2008 READ MORE


Bush
bbc.co.uk

Bush: Lift the Ban on Offshore Drilling

President Bush called for a speedy end to the ban on offshore oil drilling in American coastal waters Wednesday, chiding his congressional challengers by declaring that there’s “no excuse for delay” in lifting the “outdated and counterproductive” restrictions. However, some of his political opponents on this issue, like California Gov. Arnold Schwarzenegger, are giving him heat from his own side of the political aisle.

Posted on Jun 18, 2008 READ MORE


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