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Frack Glop

(127 posts)
Fri Feb 10, 2012, 10:15 AM Feb 2012

Energy-in-Depth (EID): The “GAS”roots

Connecting the Dots: The Marcellus Natural Gas Play Players – Part 3
By Dory Hippauf
Energy-in-Depth (EID): The “GAS”roots
http://commonsense2.com/2012/02/naturalgasdrilling/connecting-the-dots-the-marcellus-natural-gas-play-players-part-3/


Previous articles in series
Connecting the Dots: The Marcellus Natural Gas Play Players – Part 1
By Dory Hippauf
You Can’t Tell the Players Without a Scorecard!
http://commonsense2.com/2011/12/naturalgasdrilling/connecting-the-dots-the-marcellus-natural-gas-play-players-part-1/

Connecting the Dots: The Marcellus Natural Gas Play Players – Part 2
By Dory Hippauf
Chesapeake Energy – Peeking Behind the Curtain
http://commonsense2.com/2012/01/national-politics/connecting-the-dots-the-marcellus-natural-gas-play-players-part-2/

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Energy-in-Depth (EID): The “GAS”roots (Original Post) Frack Glop Feb 2012 OP
It is not a life. It is not a being. It can’t go to jail Frack Glop Feb 2012 #1

Frack Glop

(127 posts)
1. It is not a life. It is not a being. It can’t go to jail
Fri Feb 10, 2012, 04:18 PM
Feb 2012

All corporations in any sector "talk" to each other, and it's not about how their golf game is going. they talk business, coordinate PR, discuss issues/problems which effect the industry as a whole.

With any issue, it's just as important to know the "WHO" as well as the "HOW". Corporations exist for two purposes:

■To protect the directors and management from personal exposure to liability
■Most importantly - to make money

Just like the Watergate scandal - you have to FOLLOW The MONEY and CONNECT THE DOTS.

If you were to try and "map" out the "dots" it would look like many skeins of yarn, all tied together, and tangled by a herd of cats on speed.

Basic Components are:

Individuals (Management/Board of Directors)CorporationsFront Groups, AstroTurf GroupsMarketing (includes ads, universities, researchers)Financial/investment interestsPolitical arena, including politicians, lobbyists, organizations which actually WRITE legislation

All of these are coordinated to control the message, manipulate the markets, and pocket politicians to create the most "corporate friendly" environment to produce the most money.

Corporations have been depicted as "raping", lacking in morals or ethics. Corporations are pieces of paper, it has no "human" characteristics, it do not rape, it has no conscience to direct concepts of right and wrong. It exists to make money period.

Goodwin said there are limited ways to punish a corporation. “It is not a life. It is not a being. It can’t go to jail,” he said. “The only thing that it can do is help make sure something like this doesn’t happen again.” – U.S. Attorney Booth Goodwin speaking about West Virginia Mine Settlement, December 6, 2011 http://www.npr.org/2011/12/06/143224368/federal-officials-issue-report-on-massey-explosion

In Senate and House hearings, following the market crash of 2008, CEO's, one after another, stated "gee we didn't know". How many were arrested? ZERO. Instead, these corporations were rewarded with billions of dollars. Today, the corporations are working even harder to further deregulate and gut any oversight and standards of accountability.


Example:

When a "Professor" or "Scientist" writes a research paper, you need to know who funded it, what are the conditions of the report (i.e. are there restrictions or limitations or edits done on behalf of the funding source), does the "professor" have any personal investment?

Take for instance, Terry Engelder, a Professor at Penn State. We know Penn State receives "gasser" funding, we know Shalenet through the Pennsylvania School of Technology. Did you also know Engelder and Gary Lash own a fracking consulting firm?

Engelder has an ownership stake in Appalachian Fracture Systems Inc., a consulting firm that has done work on Marcellus Shale. He said he earned $40,000 from it in 2009. Read more: http://www.post-gazette.com/pg/11079/1133325-503.stm#ixzz1j8rxT1uL

How much did he earn from it in 2010? 2011? He further states he lives on his Penn State salary. So what? He's still receiving income from his consulting work, he knows how much he's making, he knows it will be available to him whenever he needs it.

He's also on the Marcellus Shale Advisory Commission as a Committee Member

http://www.prnewswire.com/news-releases/governor-corbett-announces-formation-of-marcellus-shale-advisory-commission-117593393.html

Now ask how objective is his research, how honest and complete are his presentations?



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