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BP begins to bled capital…..Investors grow cautious…….

This piece from Washington Post points to loss of investor confidence…and the myriad of legal challenges faced by the company…..

Federal environmental fines,  A Federal Criminal investigation, OSHA Investigation,  State Investigations, Civil Suits, and investors worried about all of this have joined to drive the company’s stock down……

I’m sure the company has plenty of money….

You know they have other wells all over the planet pumping along…..

But the cuts of  million can put a company out of business…..

And most of the employee’s working for BP in the Gulf live in the Gulf states …..and pay taxes…just like BP does……..

And it’s gonna take a while to get this job done…..

BP, the world’s fourth-largest company before the April 20 blowout on the Deepwater Horizon drilling rig, has lost a staggering $74.4 billion, or 40 percent, of its market value in six weeks.

Although investment analysts say the company has pockets deep enough to pay for mounting claims and cleanup costs, the political outcry for making BP pay has added to the uncertainty surrounding its future, especially while oil is still leaking into the Gulf of Mexico.

President Obama vowed a “full and vigorous accounting” of the causes of the oil spill disaster in the gulf, telling the leaders of a new commission that they should pursue the trail of blame without limits.

Calls for punishing BP intensified. Sierra Club Executive Director Michael Brune said: “BP should pay. Not just for the cleanup, but for the lives lost and the natural treasures destroyed.” And on the Web site Talking Points Memo, former labor secretary Robert Reich urged Obama to put BP’s American operations into temporary receivership.

Meanwhile, BP had begun yet another effort to deal with the spill, using a giant lobster-claw-like slicer to cut off the old damaged pipe that has been twisted on the seafloor. A saw then worked on the remaining section of the blowout preventer to make it easier to get a tight fit later this week if BP can successfully lower a new apparatus on top to funnel oil and gas to the surface.

But the national incident commander, Coast Guard Adm. Thad Allen, did little to raise hopes of a quick end to the crisis, saying “We’ve got to keep our heads in the game; we’ve got to keep our shoulders to the wheel.”

More……..

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June 1, 2010 Posted by | Blogs, Breaking News, Counterpoints, Crime, Government, Law, Media, Men, PoliticalDog Calls, Politics, Updates, Weather | | Leave a comment

Scott Brown……The Conservatives are already Crying……

I’m going to say…..

I TOLD YOU SO!

After Scott Brown won I let my buddy Daniel know that I didn’t think his election was a incumbant thing….

I thought it was Coakley mess-up thing…

I aslo told anyone that would listen that Scott Brown was a lone Republican (He isn’t lone anymore…his replacement is a Republican also ) in Massetuseetts…

And he’s in Teddy Kennedy’s seat no less……

As such…..I reasoned ….. he would have no choice but to be a practicing moderate Republican…..

I was right…..

In recent days he has voted with the democrats on several issues to the consternastion of the Conservatives in the GOP….

Thus joining the Senator Snowe and Collins club……..

He, he, he…….Me and the Democrats couldn’t be happier…..

Four months after being elected to fill the seat of the liberal lionEdward M. Kennedy and becoming a national hero to conservative Americans, Mr. Brown still has an air of celebrity about him. But a pinup boy for the Tea Party he is not.

In his first vote after taking office, Mr. Brown joined with Democrats, and their majority leader, Harry Reid of Nevada, in support of a $15 billion jobs bill. He was the first of just five Republicans to break with the party’s leadership on that bill.

And though he kept his campaign promise to oppose the big health care legislation, and has voted with the Republican leadership in the overwhelming majority of cases, he has also sided with Democrats on some important issues. Most notably, he voted in favor of the financial regulatory bill even though the Senate Republican leader, Mitch McConnell of Kentucky, and the rest of the conference leadership, voted no and denounced the measure as overly expanding the government.

“Listen, I have always said I don’t work for Mitch McConnell and I don’t work for Harry Reid, I work for the people of Massachusetts,” Mr. Brown said in an interview. “I am not quite sure what all the surprise is, and people wondering kind of like, ‘wow, he’s independent.’ I have always been this way. I am going to look at each and every bill and look at the merits of it.”

But his willingness to team up with Democrats is already raising eyebrows and ire among some voters in Massachusetts who backed his candidacy. They say he is betraying some of the conservative ideals that he espoused during the campaign — especially in his vote on the financial regulation bill.

“People are disappointed in this vote, because we see it as contrary to limited government and supporting free markets,” said Christen Varley, the leader of the Greater Boston Tea Party. “I think people are realizing that in some situations Senator Brown will be an ally and in some he will not. Some people are angry. Some people are disappointed but willing to wait and see what happens with the next votes.”

Ms. Varley said she was urging Tea Party members to contact the senator’s office and express their disappointment but also counseling them to develop a healthy sense of pragmatism, especially in a state as traditionally liberal as Massachusetts.

In the pattern of his votes, it is already clear that Mr. Brown has joined the small club of centrist Northeast Republicans that by the start of this year had shrunk to just two members: SenatorsOlympia J. Snowe and Susan Collins of Maine.

And while incumbents in traditionally Republican states in the South and the West are facing serious pressure from the right, Mr. Brown could soon be joined in the Senate by like-minded Republicans from other regions, including Representative Michael N. Castle, who is running for Senate in Delaware, and Representative Mark S. Kirk, who is running in Illinois.

“I tease my colleagues from the South, that it is the Northeastern Republicans that are the resurgence of the Republican Party and leading our party back out of the wilderness,” Ms. Collins said in an interview. “And because they are more centrist,” she added, “they have an excellent chance of prevailing.”

Already, Mr. Brown is discovering that working across both sides of the aisle can be perilous or, as Ms. Collins put it, “an uncomfortable role.”

More……..

June 1, 2010 Posted by | Blogs, Breaking News, Counterpoints, Government, Media, Men, PoliticalDog Calls, Politics, Updates | , | 8 Comments

Open Thread for June 2nd …….

The June 1st Primary is gone……

Some real surprises for the masses……

Some not…..

Artur Davis lost…He never really had a chance running to right …in the South…As a black Democrat….

Parker Griffith lost also……

He never really survived the switch in parties…..

The remarkable thing is that a lot of races simply didn’t come out the way the polls said they would….

He, he, he,,,,,Like I said several times ….The Nate Silver post was right….He said that Southern Primary polls tend to be off as much as 9% points….

The Israeli’s and the Turks have problems….

The Biggest Gun sometimes doesn’t work against non-violence…

Obama gets stuck here…

The BP saga isn’t gonna get better by criminalizing an accident WHILE you’re trying to solve the problem….

Harry Reid is starting to look good……

And the V-22 is good aircraft …..that has a bad…bad…rep……

And SE gets the PRIZE for his help here on the June 1st Special Primary Coverage!

Daniel is also given props for setting the coverage up and starting it off

Yoeman’s Job!

I know no one is gonna think so…..

But my Salt post is one of the most important ones I have done since I started this site…….

Happy Birthday to my Mom!

Keep it up People!

Subscribe……Subscribe…….Subscribe!

Comments……Comments…….Comments!

June 1, 2010 Posted by | Blogs, Media, Open thread, Other Things, PoliticalDog Calls, Politics, Updates | | 122 Comments

Tonight's Primary Race Special……..June 1st, 2010……Alabama, Mississippi and New Mexico…..

Welcome to Our June 1st Special Primary Coverage……..

Here are the Races we will watch  tonight…..

1. Alabama (Yellowhammer State, Heart of the Dixie) All Polls close at 8pm ET:

Alabama Governor (Open Seat, Republican Governor Bob Riley is term-limited)

Republican Primary

A very competitive Primary indeed. The two Frontrunners Bradley Byrne & Roy Moore were within 5 Points during the Primary Campaign. A Research 2000 / KOS Survey released on Monday had Byrne leading Moore 29-23.

The Candidates are:

Former State Senator Bradley Byrne

Former Alabama Supreme Court Judge Roy Moore

State Representative Robert J. Bentley

Former Birmingham City Councilman Bill Johnson

Tim James

James Potts

Charles Taylor

Democratic Primary

This Primary is also very competitive pitting U. S. Rep. Arthur Davis against Alabama Agriculture Commissioner Ron Sparks.

The R2000 / KOS Survey released this past Monday gave Davis a 8-Point lead (41-33)

The Candidates are:

U. S. Rep. Arthur Davis

Alabama Agriculture Commissioner Ron Sparks

Alabama 2nd Congressional District

Republican Primary

Who will face Democrat Bobby Bright (D-AL 2) in November?

The Candidates are:

Montgomery Councilor Martha Roby

John McKinney

Stephanie Wolf Bell

Rick Joe Barber

Alabama 5th Congressional District

Republican Primary

Will Party Switcher Incumbent U. S. Rep. Parker Griffith (R-AL 5) survive the Primary?

The Candidates are:

Incumbent U. S. Rep. Parker Griffith

Madison County Commissioner Morris J. “Mo” Brooks

Lester S. “Less” Phillip

Democratic Primary

The Candidates are:

Tazewell Shepard

Stephen Walker Raby

David Joel Maker

Mitchell John Howie

Alabama 7th Congressional District

Democratic Primary

Who will replace Arthur Davis in Congress?

The Candidates are:

Terrycina Andrea Sewell

Sheila Smoot

Earl Frederick Hilliard Jr.

Martha Renee Bozeman

2. Mississippi (The Magnolia State) All Polls close at 8pm ET:

Only one competitive Race here.

Mississippi 1st Congressional District

Republican Primary

Who will face Incumbent U. S. Rep. Travis Childers (D-MS 1) in November?

The Candidates are:

Angela McGlowan

State Senator Patrick Alan Nunnelee

Herman Henry Ross

Of Course there are Primaries in the other 3 District but they won’t be competitive.

3. New Mexico (Land of Entchantment) All Polls close at 9pm ET:

New Mexico Governor

Republican Primary

So far based on the latest Polls it looks like a Race between Dona Ana District Attorney Susana Martinez and Businessman Allan Weh.

The Candidates are:

Dona Ana District Attorney Susana Martinez

Businessman Allan Weh

Attorney Pete Domenici Jr.

Public Relations Firm Owner Doug Turner

State Representative Janice Arnold-Jones

The 3 New Mexico Congressional District don’t have competitive Primaries.

Daniel G.


June 1, 2010 Posted by | Blogs, Breaking News, Daniel G @ PolitcalDog, Media, Politics, Projections, Updates | , | 79 Comments

Tonight’s Primary Race Special……..June 1st, 2010……Alabama, Mississippi and New Mexico…..

Welcome to Our June 1st Special Primary Coverage……..

Here are the Races we will watch  tonight…..

1. Alabama (Yellowhammer State, Heart of the Dixie) All Polls close at 8pm ET:

Alabama Governor (Open Seat, Republican Governor Bob Riley is term-limited)

Republican Primary

A very competitive Primary indeed. The two Frontrunners Bradley Byrne & Roy Moore were within 5 Points during the Primary Campaign. A Research 2000 / KOS Survey released on Monday had Byrne leading Moore 29-23.

The Candidates are:

Former State Senator Bradley Byrne

Former Alabama Supreme Court Judge Roy Moore

State Representative Robert J. Bentley

Former Birmingham City Councilman Bill Johnson

Tim James

James Potts

Charles Taylor

Democratic Primary

This Primary is also very competitive pitting U. S. Rep. Arthur Davis against Alabama Agriculture Commissioner Ron Sparks.

The R2000 / KOS Survey released this past Monday gave Davis a 8-Point lead (41-33)

The Candidates are:

U. S. Rep. Arthur Davis

Alabama Agriculture Commissioner Ron Sparks

Alabama 2nd Congressional District

Republican Primary

Who will face Democrat Bobby Bright (D-AL 2) in November?

The Candidates are:

Montgomery Councilor Martha Roby

John McKinney

Stephanie Wolf Bell

Rick Joe Barber

Alabama 5th Congressional District

Republican Primary

Will Party Switcher Incumbent U. S. Rep. Parker Griffith (R-AL 5) survive the Primary?

The Candidates are:

Incumbent U. S. Rep. Parker Griffith

Madison County Commissioner Morris J. “Mo” Brooks

Lester S. “Less” Phillip

Democratic Primary

The Candidates are:

Tazewell Shepard

Stephen Walker Raby

David Joel Maker

Mitchell John Howie

Alabama 7th Congressional District

Democratic Primary

Who will replace Arthur Davis in Congress?

The Candidates are:

Terrycina Andrea Sewell

Sheila Smoot

Earl Frederick Hilliard Jr.

Martha Renee Bozeman

2. Mississippi (The Magnolia State) All Polls close at 8pm ET:

Only one competitive Race here.

Mississippi 1st Congressional District

Republican Primary

Who will face Incumbent U. S. Rep. Travis Childers (D-MS 1) in November?

The Candidates are:

Angela McGlowan

State Senator Patrick Alan Nunnelee

Herman Henry Ross

Of Course there are Primaries in the other 3 District but they won’t be competitive.

3. New Mexico (Land of Entchantment) All Polls close at 9pm ET:

New Mexico Governor

Republican Primary

So far based on the latest Polls it looks like a Race between Dona Ana District Attorney Susana Martinez and Businessman Allan Weh.

The Candidates are:

Dona Ana District Attorney Susana Martinez

Businessman Allan Weh

Attorney Pete Domenici Jr.

Public Relations Firm Owner Doug Turner

State Representative Janice Arnold-Jones

The 3 New Mexico Congressional District don’t have competitive Primaries.

Daniel G.


June 1, 2010 Posted by | Blogs, Breaking News, Daniel G @ PolitcalDog, Media, Politics, Projections, Updates | , | 79 Comments

SE Predictions…..For June 1st Primaries…..

June 1 Primary Predictions

Here are my predictions for today’s Primaries:

AL-GOV GOP Primary:

Byrne 34%
Moore 31%
James 26%
Bentley 5%
Johnson 3%
Potts 1%
Taylor 1%

AL-GOV GOP Runoff:

Byrne 54%
Moore 46%

AL-GOV DEM Primary:

Davis 55%
Sparks 45%

I see Byrne beating Davis 53-47.

AL-LT GOV GOP Primary:

Ivey 65%
Erwin 28%
Ponder 7%

I see Incumbent Democrat Jim Folsom Jr. beating Ivey 54-46.

AL-AG GOP Primary:

King 64%
Strange 36%

AL-AG DEM Primary:

Perkins 55%
Anderson 36%
Nicrosi 9%

I see this race as a TOSSUP.

AL-State Treasurer GOP Primary:

Wallace Jr. 68%
Boozer 32%

AL-State Treasurer DEM Primary:

Grimsley 73%
Sherer 27%

I see Wallace Jr. beating Grimsley 57-43.

AL-Agriculture Commissioner GOP Primary:

McMillan 58%
Grace 35%
Peterson 8%

I see Democratic challenger Glen Zorn beating McMillan 56-44.

AL-SEN GOP Primary:

Shelby 87%
Moser 13%

AL-SEN DEM Primary:

Barnes 79%
De Moore 21%

I see Shelby beating Barnes 74-26.

AL-02 GOP Primary:

Barber 45%
Roby 38%
Bell 13%
McKinney III 4%

AL-02 GOP Runoff:

Barer 53%
Roby 47%

I see Barber beating Incumbent Democrat Bobby Bright 52-48.

AL-05 GOP Primary:

Brooks 51%
Griffith 42%
Phillip 7%

AL-05 DEM Primary:

Shepard 47%
Raby 44%
Howie 8%
Maker 1%

AL-05 DEM Runoff:

Shepard 51%
Raby 49%

I see Brooks beating Shepard 55-45.

AL-06 GOP Primary:

Bachus 81%
Cooke 19%

AL-07 GOP Primary:

Waller 50%
Salter 41%
Hendrickson 6%
Chamberlain 3%

AL-07 DEM Primary:

Hilliard Jr. 49%
Smoot 40%
Sewell 10%
Bozeman 1%

AL-07 DEM Runoff:

Hilliard Jr. 57%
Smoot 43%

I see Hilliard Jr. defeating Waller 69-31.

MS-01 GOP Primary:

Nunnelee 48%
Ross 39%
McGlowan 13%

MS-01 GOP Runoff:

Nunnelee 58%
Ross 42%

I see Nunnelee beating Incumbent Democrat Travis Childers 50-47.

MS-02 GOP Primary:

Cook 60%
Marcy 31%
Bailey 9%

I see Incumbent Democrat Bennie Thompson beating Cook 66-33.

MS-03 DEM Primary:

Gill 63%
O’Hara 29%
Jackson 8%

I see Incumbent Republican Gregg Harper beating Gill 71-27.

MS-04 GOP Primary:

Palazzo 62%
Tegerdine 38%

I see Palazzo beating Incumbent Democrat Gene Taylor 49-48.

NM-GOV DEM Primary:

Denish 98%
Driggs 2%

NM-GOV GOP Primary:

Martinez 53%
Weh 39%
Domeneci Jr. 7%
Turner 1%

NM-LT GOV DEM Primary:

Campos 41%
Colon 37%
Rael 12%
Pino 7%
Lopez 3%

NM-LT GOV GOP Primary:

Cravens 50%
Sanchez 36%
Moore 11%
Damron 3%

I see Martinez/Cravens beating Denish/Campos 51-49.

NM-State Land Commissioner:

Cornelius 52%
Vassilopoulos 37%
Jackson 7%
Rush 4%

NM-02 GOP Primary:

Pearce 85%
Pirtle 15%

I see Pearce beating Incumbent Democrat Harry Teague 55-45.

NM-03 GOP Primary:

Mullins 59%
Kokesh 41%

I see Incumbent Democrat Ben Ray Lujan beating Mullins 63-37.

Your thoughts.

Posted by SE-779

June 1, 2010 Posted by | Blogs, Breaking News, PoliticalDogs SE posts, Politics, Projections, Updates | , , | 2 Comments

Daniel…….Polling Summary for Tuesday, June 1st, 2010

Hello Folks!

Here is my Polling Summary for today:

New Hampshire Governor:

Lynch (D)  47 %  ,  Stephen (R)  35 %  (Rasmussen Reports Survey)
Lynch (D)  50 %  ,  Kimball (R)  31 %  (Rasmussen Reports Survey)
Lynch (D)  51 %  ,  Testerman (R)  32 %  (Rasmussen Reports Survey)

South Dakota House At-Large:

Herseth-Sandlin (D)  47 %  ,  Nelson (R)  43 %  (Rasmussen Reports Survey)
Herseth-Sandlin (D)  46 %  ,  Noem (R)  43 %  (Rasmussen Reports Survey)
Herseth-Sandlin (D)  48 %  ,  Curd (R)  41 %  (Rasmussen Reports Survey)

Rhode Island Governor:

Chaffee (I)  37 %  ,  Robitaille (R)  29 %  ,  P. Lynch (D)  19 %  (Rasmussen Reports Survey)
Chaffee (I)  35 %  ,  Moffitt (R)  28 %  ,  P. Lynch (D)  24 %  (Rasmussen Reports Survey)
Chaffee (I)  35 %  ,  Caprio (D)  32 %  ,  Robitaille (R)  25 %  (Rasmussen Reports Survey)
Caprio (D)  35 %  ,  Chaffee (I)  33 %  ,  Moffitt (R)  22 %  (Rasmussen Reports Survey)

IA-GOV GOP Primary:

Branstad  46 %  ,  Vander Plaats  31 %  ,  Roberts  13 %  (Public Policy Polling Survey)

IA-SEN DEM Primary:

Conlin  48 %  ,  Krause  13 %  ,  Fiegen  8 %  (Public Policy Polling Survey)

MI-GOV GOP Primary:

Snyder  20 %  ,  Hoekstra  19 %  ,  Cox  17 %  ,  Bouchard  15 %  ,  George 8 %  (Public Policy Polling Survey)

MI-GOV DEM Primary:

Bernero  26 %  ,  Dillon  23 %  (Public Policy Polling Survey)

Interesting: All the GOP Congress Members who tried to run for Governor were defeated and folks like Hoekstra, Deal or Gresham Barrett might join Kay Bailey Hutchison in losing their respective Primary.

Daniel G.

June 1, 2010 Posted by | Breaking News, Daniel G @ PolitcalDog, Government, Politics, Polls, Projections, Updates, Women | , , | 13 Comments

From SE…..Former North Dakota Governor Arthur A. Link Dies at 96……

From The Grand Forks Hearld:

Arthur Link, a former North Dakota governor, congressman and longtime state legislator known for environmental stewardship and staying true to his rural roots, died today surrounded by family, a family spokesman said. He was 96.

Link wasn’t feeling well after dinner Saturday and was taken to St. Alexius Medical Center in Bismarck, where he developed and was being treated for pneumonia, said Bob Valeu, a family spokesman.

“His five sons, along with his wife, Grace, and grandchildren were with him over the weekend,” Valeu said. Funeral arrangements were pending.

Link was born in Alexander in 1914, the son of homesteaders from Czechoslovakia and Germany, and was raised on the family farm. Friends said he never forgot his upbringing during his four-decade political career, which included only two lost races.

The Democrat advocated for allowing oil-producing counties to keep some tax revenues for road repairs and pushed for strong regulations for reclaiming land mined for coal.

Gov. John Hoeven said Link’s environmental stewardship while governor left a lasting legacy on the landscape of North Dakota’s reclaimed lands, and his “deep faith and principled decision-making throughout his long life” earned him widespread respect and affection.

“He was a remarkable man, a courageous leader and a dear friend,” U.S. Sen. Kent Conrad said in a statement. “He knew what he believed, he knew what he stood for, he knew the values that he had been raised with.”

U.S. Rep. Earl Pomeroy added: “He approached issues with a strong conscience and the kind of common sense that you get growing up on the prairie. He was interested in results, not the limelight.”

RIP.

SE-779…..

June 1, 2010 Posted by | Blogs, Breaking News, Media, Men, PoliticalDogs SE posts, Politics, Updates | , , | 5 Comments

Editorial……The Government Should NOT take over BP…….

Those of you here know where I come from….

Yet this BP Gulf Oil Spill has got me a little annoyed….

First I see people on here saying President Obama is responsible for the Spill???

WTF did he do?

He doesn’t drill for oil…..He’s a politician….

Now I hear some real idiots crying for the US Government to ‘Take Over BP and the Oil Pipe leak action’…..

It goes from the sublime to the ridicules!

Would you let a cop operate on your mother is she started bleeding and couldn’t stop?

Of course not!

Listen people…..I got news for ya….

As I said from the jump…..

People are going to have to wait on this….

I know that doesn’t sound reasonable to the people in those Gulf States…But that about what is going to happen…..

Let me review something I have pointed out ….

The UNITED STATES GOVERNMNET doesn’t drill for Oil…

Certainly not in  5,000 feet  of water…..

Another point…..

The oil spill…even at its worst represents less than 1% of the oil below water in the Gulf of Mexico….

Something else to think about…..I know it sounds assine..but that well is a really good one……That BP will eventually cap and DRAW MORE OIL FROM…..

The oil that they draw from the leaking well will probably cover any and all fines that the government will end up collecting from BP….

I Save the best for last…

The fact is…… this country consumes oil and gas at HUGE levels…

There is no way the President of the United States is going to keep……OIL companies from continuing to drill for oil..

It is in this countries National interest to keep pumping oil out of the earth…..

While the people on the Gulf coast are screwed today….Those state’s  economic life depends a large part on …..

YES…..

Oil……..

Is BP gonna get a big bill……Yes…

Will they probably have to change their name again…..Yes

No matter home many rules, regs or policies does SHIT HAPPEN?……Yes

As someone pointed out at this site….

All those states have Republican’s in charge…..

You know……. The Same people who complain about Washington…..

Isn’t it ironic that these same people are complaining that Washington isn’t doing ENOUGH?

June 1, 2010 Posted by | Blogs, Counterpoints, Ecology, Editorial, Government, Law, Media, Other Things, PoliticalDog Calls, Politics, Updates, Weather | , , | 10 Comments

Al and Tipper Gore call it quits……..

Al and Tipper gore speak to the press.

Al and Tipper Gore, whose playful romance enlivened Washington and the campaign trail for a quarter century, have decided to separate after 40 years of marriage, the couple told friends Tuesday.

In an “Email from Al and Tipper Gore,” the couple said: “We are announcing today that after a great deal of thought and discussion, we have decided to separate.

“This is very much a mutual and mutually supportive decision that we have made together following a process of long and careful consideration. We ask for respect for our privacy and that of our family, and we do not intend to comment further.”

The e-mail was obtained by POLITICO and confirmed by Kalee Kreider of the office of Al and Tipper Gore. Kreider said there would be no further comment.

Read more: http://www.politico.com/news/stories/0610/38001.html#ixzz0pcj1F3N5

June 1, 2010 Posted by | Blogs, Breaking News, Family, Media, Men, Politics, Updates, Women | | 4 Comments