Judge Martin Leach-Cross Feldman, justice for buck$.

BusinessLegal

  • Author Phillip Vales
  • Published September 25, 2010
  • Word count 497

Recently the Obama administration began a half-year moratorium on ventures aimed at

drilling new oil wells at extreme depths. However, a judge with a spider web of personal

financial ties to the industry has recently reversed this executive decision.

Judge Feldman’s myopia stems perhaps from being personally invested in Transocean

Limited, a company that owned the rig responsible for the oil volcano that has poisoned

millions of square miles of open ocean in the Gulf of Mexico. Despite the twenty-four

hour-a-day coverage of the ongoing disaster and cleanup, the destruction of livelihoods in

the fishing industry amongst many others, Judge Feldman ruled that deep drilling should

continue.

His financial report shows that he owned shares not only in Transocean but in at least a

quintet of other companies directly or indirectly involved in the oil industry. It is likely

these interests that greased the tip of his illustrious judicial pen. Amongst other interests

he is also connected to Ocean Energy, a company involved in engineering design of

underwater rigs. All of this might come as a shock to most readers, but it should not

surprise those who know how business in America really function and in particular how

the OilBoy network works.

Defenders of the judge might reply that he had no financial connection to the parties that

brought the suit contesting the Obama administration’s order. Of course his ruling

permitting the continuation of deep water drilling would directly benefit his financial

bottom line by helping companies in his portfolio; thus, his decision creates at least an

appearance of conflict of interest. Moreover, his blatant disregard for the public’s

interest over special interests makes his motivation highly suspect.

One does not have to like Mr. Obama to know that this action by Judge Feldman has the

foul odor of lucre for benefits. How do they say it in latin? Quid pro quo? A favor for a

favor. Well no favors have been done to the many industries recently affected by the oil

explosion in the gulf. It should be noted that at this writing the BP spill appears to be

temporarily capped. It is hoped by all parties that such is the case. In watching the

ongoing disaster one thing is very clear. Nothing is what it appears to be nor does our

media completely inform the public.

You have to dig around and review the raw footage of early reports to even begin to get a

clear picture of what is going on down there. The original broadcasts of the BP spill

indicated at least three major leaks in the seafloor. Now that one of the leaks is allegedly

covered, there has been some talk about the other major leak some few miles away. How

did that happen? Why was the media not talking about that other leak earlier? Is the oil /

gas reservoir so extensive that a blowout in one area created leaks of petroleum products

miles away? What’s going on?

Phillip Vales is an engineer and patent agent. To contact the author visit: patent attorney or patent

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