[jeffkrol]

After the disaster "falling out of our wonderful social conscious for a while.

Time to watch the gauge.. needs to be 4000+ psi.. or it shows the well is damaged and not stoppable w/ the "new improved capitalistic cap".sorry small jab.
IF not it shows the well itself is damaged and .. well.. we'll just see what the and is.

The tests involve slowly shutting three giant valves on the cap, an 18-foot-high, 150,000-pound stack of metal pipes and valves lowered into place Monday. No pressure test results were in yet, but readings of 8,000 to 9,000 pounds per square inch would indicate that the cap is able to close off the gushing well, National Incident Commander Thad Allen told reporters today. Readings of 4,000 to 6,000 psi would be a sign that oil was leaking elsewhere.

BP Tests Spill Cap, Obama Administration Issues New Drilling Ban
Europe contemplated moratorium.............
A Deepwater Drilling Freeze for Europe? - Green Blog - NYTimes.com

“Given the current circumstances, any responsible government would at present practically freeze new permits for drilling with extreme parameters and conditions,” Gunther Oettinger, the European Union’s commissioner for energy, said last week in a speech at the European Parliament. “This can mean de facto a moratorium on new drills until the causes of the accident are known and corrective measures are taken for such frontier operations as the ones carried out by the Deepwater Horizon.”

and funny:

1970's Board Game by BP Featured Oil Spill Threat | WRBL

The obscure board game would've been left to gather dust if it wasn't for the company that endorsed it and had its logo included on the cover: British Petroleum.

Yes, that BP, which has been dealing with an all too real environmental crisis since the Deepwater Horizon rig exploded on April 20, killing 11 workers and causing millions of gallons of sludge a day to gush into the Gulf of Mexico.

Now, collectors and museum curators are scrambling to get a copy of the rare game.

"It's a bizarre coincidence," Nicolas Ricketts, the curator of board games at the Strong National Museum of Play in Rochester, N.Y., said about how the Gulf spill has brought "Offshore Oil Strike" back in demand.

"What a strange twist."

Gotta love the "biz"................

Meanwhile, the regulatory battle over the well continues, as the U.S. Department of the Interior issued a new offshore drilling moratorium.

Analysts at Houston-based research firm Tudor Pickering Holt said Tuesday that the new offshore ban appears to be laying the groundwork for "onerous" rules governing blowout preventers, which are large devices placed on top of oil and gas wells to prevent oil spills in the event of an accident.

The government said blowout preventers on at least one of two relief wells being drilled by BP to help kill the leaking Macondo well initially failed government tests, causing at least one delay in the effort.

Anyone feel sorry for the onerous rules?
http://www.marketwatch.com/story/bp-bolts-down-containment-cap-as-hopes-rise...dist=afterbell

---

Last edited by jeffkrol; 07-13-2010 at 02:25 PM.

[Ratmagiclady]

After the disaster "falling out of our wonderful social conscious for a while.

Time to watch the gauge.. needs to be 4000+ psi.. or it shows the well is damaged and not stoppable w/ the "new improved capitalistic cap".sorry small jab.
IF not it shows the well itself is damaged and .. well.. we'll just see what the and is.

If only they were so willing to account for uncertainty when they drilled the things, lobbied against the European-standard safeties, and used procedures that had already blown up wells elsewhere.

But to be fair: even if they can't take the pressure doesn't mean they can't suck.

[shooz]

Plus a million a year till death.
And conservatives pick on union retirement packages.
Must be nice not to be one of the small people.

[Ratmagiclady]

Well. Business as usual, just a bigger mess, eh?

Be thankful, there's jobs cleaning up the remains of your livelihood! Just don't wear masks, that'd look bad..

[gokenin]

Plus a million a year till death.
And conservatives pick on union retirement packages.
Must be nice not to be one of the small people.

seeing as how BP is a British company you should correctly attack the Tories since they dont use the conservative label over there. Back to the union retirements look at Bell California and tell me that union retirements are above critizism. I know is a slight overkill to use them to represent all unions but it represents the union culture however.

[jeffkrol]

seeing as how BP is a British company you should correctly attack the Tories since they dont use the conservative label over there. Back to the union retirements look at Bell California and tell me that union retirements are above critizism. I know is a slight overkill to use them to represent all unions but it represents the union culture however.

If you get "union culture" out of the Bell fiasco is beyond me.... You obviously have no clue as to what unions "should" do...
Maybe you should read this carefully.............it is not ancient history and there are current parrallels.......

Between the years of 1897 and 1903, approximately half of America's families did not own property. And by 1900, 18 million of the 29 million made an annual wage of around $500, which was below the cost of living for a industrialized family of four, while Andrew Carnegie earned $23 million himself.

Life expectancy for whites was 48 years and nonwhites was only 34. The work force included 1.75 million children under 15 and more than five million women, who sometimes worked for as low as 10 cents for a 10-hour day. Those conditions, the dehumanization of the American laborer in large, and impersonal factories, led to numrous revolts and uprisings

http://www.u-s-history.com/pages/h1678.html

[gokenin]

If you get "union culture" out of the Bell fiasco is beyond me.... You obviously have no clue as to what unions "should" do...
Maybe you should read this carefully.............it is not ancient history and there are current parrallels.......


American Labor

How do I get the current union culture of it you ask well lets just look at the police chief there who is making 457,000 a year is by union contract given a $411,000 a year pension for the rest of his life. Lets ignore the fact that his pension is roughly 3.5 times the pay of the current chief of New York City. Lets look at the Boston fire Dept who are getting a retroactive 14% pay increase because of union arbitration ( caused by the way because the union refused to give into random drug testing after two firefighters died one had cocaine in his system while one duty when he died and the other had high blood alcohol at his time of death) this just one year before the contract ends by the way and it all starts over again. Lets not forget that the Autoworkers union last year refused to grant concessions that would reguire them to pay towards their health insurance ( something that most people do by the way).

Lets look at the highest paid pensions in my state and lets see if we can find a common demoninator shall we ?
monthly/ yearly pay are the break down on the money columns by the way
Arthur Pappas Md M 1999-06-30 $19,363.20 $232,358.41 Univ. Of Mass Medical School
William Bulger 2003-09-02 $16,487.16 $197,845.92 Umass President's Office
William Hogan T 2006-07-07 $16,287.35 $195,448.20 University Of Lowell
.Gerald Steinberg, M.D. 2002-05-30 $15,775.71 $189,308.52 Univ. Of Mass Medical School
Richard Farris J 2002-10-19 $14,772.46 $177,269.52 University Of Mass/Amherst
Nancy Harrington D 2007-07-31 $13,474.96 $161,699.52 President Salem State College
Frank Karasz E 2004-05-31 $13,168.27 $158,019.23 University Of Mass/Amherst
David Bartley M 2004-01-01 $12,723.81 $152,685.72 President Holyoke Community College
Andrew Scibelli M 2004-06-30 $12,636.84 $151,642.08 President Springfield Tech.Comm.College
David Driscoll P 2007-08-31 $12,246.05 $146,952.59 Commissioner Of Education Dpt Elementary & Secondary Ed.
Arthur Melia 2004-07-01 $12,231.00 $146,772.00 Randolph Public Schools
Lee Edwards R 2006-08-31 $12,123.56 $145,482.72 University Of Mass/Amherst
Brenda Finn 2008-09-01 $12,058.76 $144,705.12 Concord Public Schools
Helen Heineman 2006-01-31 $11,973.41 $143,680.92 President Framingham State College
Karen Sarkisian H 2008-10-03 $11,879.44 $142,553.28 Whittier Voc. School Dist.
Linda Slakey L 2006-08-31 $11,868.94 $142,427.28 University Of Mass/Amherst
Frederick Byron, Jr. W 2003-06-30 $11,834.39 $142,012.69 University Of Mass/Amherst
Matthew King J 2007-07-01 $11,668.17 $140,018.05 Wellesley Public Schools
H Wheeler Md B 1998-10-05 $11,633.40 $139,600.80 Univ. Of Mass Medical School
James Caradonio A 2008-09-13 $11,402.09 $136,825.08 Worcester Public Schools


The winner is Education that means what ? These are all because of Union contracts

I do not deny that unions have a place and that they serve a purpose but you have to admit that unions today have become something that are well beyond what they were originally envisioned to be.

Life expectancy for whites was 48 years and nonwhites was only 34. The work force included 1.75 million children under 15 and more than five million women, who sometimes worked for as low as 10 cents for a 10-hour day. Those conditions, the dehumanization of the American laborer in large, and impersonal factories, led to numrous revolts and uprisings.

Nice use of out of date material by the way there you know that Child Labor laws that unions helped bring about by the way no longer allow childern under 15 to work. Women no longer get 10 cents an hour either so there is some arguement that they may not get the same pay as men again something that unions brought about. So yes unions have in the past served a valuable role in people lives but you also have to admit that unions today are inflexible when it comes to making consessions to pension plans health insurance plans and many other things that make unions look bad to many people these days.

[jeffkrol]

Pension plans are funded by salary contributions and investments..... they are not a very good instrument to prove union abuse. Actually they are a good economic stimulus and a shining example of capitalism.
http://www.mass.gov/mtrs/7pubs/77pdfs/AdvisorRetireeSpring2010.pdf

am pleased to report the
Massachusetts Teachers' Retirement
System’s pension investments have
improved after experiencing the worst
investment performance in our history.
The assets of the Pension Reserves
Investment Trust (PRIT) Fund increased
by 17.69% in 2009 and ended the year
with over $42.6 billion. The positive
return is in marked contrast to the
historic loss incurred in calendar year
2008 when PRIT assets decreased from
$53 billion to $37 billion for an
annualized loss of 29.44%. The longterm
performance of the PRIT Fund
continues to be strong, averaging 9.66%
since inception (January 1, 1985) and
exceeding the system’s actuarial
investment rate of return of 8.25%.

Pension Reform Phase 2:
What’s being discussed now
In October 2009, the Special Commission
to study Massachusetts public retirement
systems submitted its proposals to the
Governor and Legislature. In January
2010, the Governor filed a pension
reform bill (H4440) that included provisions
to change the benefit calculation
formula, members’ contribution rates
and plan funding schedules; some
would apply to current members, others,
just new members. The first public hearing
on this bill was held on March 15.
As with all legislation, this bill—and any
other pension reform measures—must
go through the legislative process before
any changes are implemented.

[JACOBY]

Most union jobs are overpiad and under worked. Thats just my thought don't want to hurt anybodys feelings

[gokenin]

Most union jobs are overpiad and under worked. Thats just my thought don't want to hurt anybodys feelings

now why would you think that you would hurt anyones feelings? we are a hardy bunch here for the most part.

[jeffkrol]

Hey George, are your union press operators under worked???
Need your input here. I won't ask if their overpaid because most "bosses" would prefer minimum wage.......... anything over that is overpaid.
Union wage premium is a "substantial" 10-20% higher then non-union workers historically, and dropping fast...
http://www.cepr.net/documents/publications/quantile_2008_05.pdf
.10-.20/ hr more for every dollar.......... talk about breaking the bank eh.