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Corporatism and Fascism


Corporatism and Fascism

Dr. Kelly 'Couldn't Have Slit His Wrist As He Was Too Weak'

Dr Kelly 'couldn't have slit his wrist as he was too weak'
By Miles Goslett | Daily Mail

Dramatic new testimony has heaped pressure on ministers to reopen the investigation into the death of Dr David Kelly.

A female colleague claims that the UN weapons inspector could not have committed suicide as claimed, as he was too weak to cut his own wrist.

Mai Pedersen, a U.S. Air Force officer who served with Dr Kelly's inspection team in Iraq, said a hand and arm injury meant that the 59-year-old even 'had difficulty cutting his own steak'.

Dr Kelly was found dead in woods near his home in 2003 after the Government exposed him as the source of a BBC report questioning Tony Blair's government's case for war in Iraq. Read more.

Declare Your Independence! Americans Need Independent Media, Independent Movements and Independent Electoral Politics

If I had to pick one word for Americans who want real change, it would be independence.

Not only because the United States was founded on the idea of independence but because those of us who work to try and change the country for the better and have studied American history have learned this has always been the critical ingredient for real change.

First, we need independent media. Web based outlets like this one are a critical ingredient to the success of advocacy efforts. Like so many businesses in the United States, the media is controlled by concentrated group of corporations. A handful of companies own all the hundreds of television stations on your cable TV. The same is true of radio stations. More and more newspapers are part of syndicates. These conglomerates has resulted in homogenized that only reports a concentrated corporate perspective.

The Karaoke Played On

By Missy Comley Beattie

My mother has an opera-quality voice. No training. Two of my siblings can sing. I can’t. At all.

I positioned the karaoke machine near the television set and plugged the auxiliary cables into the back of the TV for a wider word screen. I rarely watch television, except when “researching” the inadequacies of “mainstream” mediocrity for an article. Every now and then, when I read something important on the Internet, I turn on the tube to see if anyone is addressing the issue. Usually, the answer is either an “Update” sentence beneath the blathering blahblah blahers or a no.

So, largely, the TV monitor will be an accessory for the karaoke machine that is my scream therapy. “Sing, sing a song. Sing out loud. Sing out strong.”

NY Times Reporter Confirms Obama Made Deal to Kill Public Option

NY Times Reporter Confirms Obama Made Deal to Kill Public Option
By Miles Mogelescu | Huffington Post

For months I've been reporting in The Huffington Post that President Obama made a backroom deal last summer with the for-profit hospital lobby that he would make sure there would be no national public option in the final health reform legislation. (See here, here and here). I've been increasingly frustrated that except for an initial story last August in the New York Times, no major media outlet has picked up this important story and investigated further.

Hopefully, that's changing. On Monday, Ed Shultz interviewed New York Times Washington reporter David Kirkpatrick on his MSNBC TV show, and Kirkpatrick confirmed the existence of the deal. Shultz quoted Chip Kahn, chief lobbyist for the for-profit hospital industry on Kahn's confidence that the White House would honor the no public option deal, and Kirkpatrick responded:

"That's a lobbyist for the hospital industry and he's talking about the hospital industry's specific deal with the White House and the Senate Finance Committee and, yeah, I think the hospital industry's got a deal here. There really were only two deals, meaning quid pro quo handshake deals on both sides, one with the hospitals and the other with the drug industry. And I think what you're interested in is that in the background of these deals was the presumption, shared on behalf of the lobbyists on the one side and the White House on the other, that the public option was not going to be in the final product."

Kirkpatrick also reported in his original New York Times article that White House was standing behind the deal with the for-profit hospitals: "Not to worry, Jim Messina, the deputy White House chief of staff, told the hospital lobbyists, according to White House officials and lobbyists briefed on the call. The White House was standing behind the deal".

This should be big news. Even while President Obama was saying that he thought a public option was a good idea and encouraging supporters to believe his healthcare plan would include one, he had promised for-profit hospital lobbyists that there would be no public option in the final bill. Read more.

The Mythology Surrounding Petraeus' Surge in Iraq Will Keep Us Trapped in Afghanistan


The Mythology Surrounding Petraeus' Surge in Iraq Will Keep Us Trapped in Afghanistan
The real story of Petraeus' job in Iraq is that he failed to accomplish one of the most crucial tasks of the occupation.
By Joshua Holland | Alternet

The United States is stalled in a hopeless conflict in Afghanistan in large part because its foreign policy establishment, aided by an often-vacuous media, has come to believe its own spin about General David Petraeus’ "success" turning around the occupation in Iraq. The fact that Iraq remains a shattered country with an active insurgency seven years after the United States invaded -- and that any improvement in security was due to developments on the ground that were unique to the country -- hasn’t shaken their faith.

That the Iraq surge was a success is almost a universally held belief, despite ample evidence to the contrary. That belief lends unearned weight to Petraeus’ counter-insurgency doctrine, known as COIN. The idea is not only to kill as many of the enemy as possible, but to create a functional, legitimate state that can police its own territory and win over the hearts and minds of the population. The efficacy of COIN has become an article of faith across the ideological spectrum, a belief held tightly by neocons and liberal interventionists alike. But it has no track record of success whatsoever, either in Iraq or elsewhere in the world. At best, it remains an unproven theory of warfare.

David Petraeus, President Obama’s new commander in Afghanistan, is COIN’s most vocal champion. Widely seen as a golden-boy genius, Petraeus is the personification of America’s über-professional post-Vietnam military -- a military that supposedly embraces a more holistic view of modern warfare than its kill-'em-all predecessor.

In 2007, when American opinion of the Iraq conflict was at an all-time low, George W. Bush named Petraeus the commander of Iraqi forces. Earlier that year, the late congressman John Murtha, D-Pennsylvania, accused the administration of calling Petraeus back to Washington on the eve of a major vote pertaining to the Iraq project to serve as a “prop.” “I’m saying he came back here at the White House’s request to purely make political statements,” Murtha said while dismissing Petraeus’ claims about the course of conflict as “absolutely untrue.” At the time, the Washington Post reported that “the Petraeus card is about the only one left to play for a White House confronting low poll numbers, an unpopular war and an opposition Congress.” Read more.

TomDispatch Presents Ann Jones, Counterinsurgency Down for the Count in Afghanistan..., But the War Machine Grinds On and On and On


From TomDispatch this morning: an expert on Afghanistan, just embedded with the U.S. Army near the Pakistani border, offers a devastating account of just why the American war strategy is failing: Ann Jones, "Counterinsurgency Down for the Count in Afghanistan..., But the War Machine Grinds On and On and On."

Ann Jones, who worked with Afghan women for years and wrote the moving, prescient book Kabul in Winter, was just embedded with a U.S. Army unit at a forward operating base near the Pakistani border. She saw in person there and elsewhere how the American counterinsurgency strategy is flailing amid even larger policy failures. In her latest TomDispatch post, she puts together a devastating portrait of Afghanistan today, based on four questions: Why isn't the American war strategy working? (Dead civilians, broken promises, angry Afghans, and upset American soldiers.) If it's not, why does the president stick with it anyway? (False hopes of misapplied "lessons" from Iraq.) How, by comparison, is the enemy's strategy doing? (Just fine -- they've launched a "surge" of their own -- while a "creeping Talibanization" of the country is underway.) And if everything's going so badly, why can't it be stopped?

Jones answers that last question in her conclusion to this remarkable overview of Afghanistan today as a planetary disaster area and looting zone: "And so it goes round and round, this ill-oiled war machine, generating ever more incentives for almost everyone involved -- except ordinary Afghans, of course -- to keep on keeping on. There’s a little something for quite a few: government officials in the U.S., Afghanistan, and Pakistan, for-profit contractors, defense intellectuals, generals, spies, soldiers behind the lines, international aid workers and their Afghan employees, diplomats, members of the Afghan National Army, and the police, and the Taliban, and their various pals, and the whole array of camp followers that service warfare everywhere.

"It goes round and round, this inexorable machine, this elaborate construction of corporate capitalism at war, generating immense sums of money for relatively small numbers of people, immense debt for our nation, immense sacrifice from our combat soldiers, and for ordinary Afghans and those who have befriended them or been befriended by them, moments of promise and hope, moments of clarity and rage, and moments of dark laughter that sometimes cannot forestall the onset of despair." Jones has written a piece for our moment, a must-read!

In Iraq, Little To Show

In Iraq, Little To Show For Lost Lives, Billions Spent

 

 

July 1, 2010 Wednesday marked the one-year anniversary of the withdrawal of U.S. troops from Iraq's cities. Amid the continuing drawdown, only 50,000 U.S. troops will be left in Iraq by the end of the summer.

The country is at a crossroads. While violence is down from the levels of 2006 and 2007, many Iraqis say the country the U.S. is slowly leaving behind is hardly a success story.

Every day, massive convoys roll out of Iraq carrying the machinery of war. This is one of the largest and most complicated drawdowns in U.S. history — as well as one of the speediest.

Oil Spill Media Access: Reporters Still Given The Runaround Even As Public Health Concerns Mount

Oil Spill Media Access: Reporters Still Given The Runaround Even As Public Health Concerns Mount
By Jason Linkins | Huffington Post

The latest chapter in the media's ongoing struggle to cover the Gulf Oil Spill comes courtesy of PBS Newshour's Bridget Desimone, who has been working with her colleague, Betty Ann Bowser, in "reporting the health impact of the oil spill in Plaquemines Parish." Desimone reports that on the ground, officials are generally doing a better job answering inquiries and granting access to the clean-up efforts.

But Desimone and Bowser have encountered one "roadblock" that they've struggled to overcome: access to a "federal mobile medical unit" in Venice, Louisiana: "The glorified double-wide trailer sits on a spit of newly graveled land known to some as the "BP compound." Ringed with barbed wire-topped chain link fencing, it's tightly restricted by police and private security guards."

The U.S. Department of Health and Human Services set up the facility on May 31. According to a press release, the medical unit is staffed by "a medical team from the HHS National Disaster Medical System -- a doctor, two nurses, two emergency medical technician paramedics (EMT-P) and a pharmacist."

For over two weeks, my NewsHour colleagues and I reached out to media contacts at HHS, the U.S. Coast Guard and everyone listed as a possible media contact for BP, in an attempt to visit the unit and get a general sense of how many people were being treated there , who they were and what illnesses they had. We got nowhere. It was either "access denied," or no response at all. It was something that none of us had ever encountered while covering a disaster. We're usually at some point provided access to the health services being offered by the federal government. Read more.

Terrorism: Why They Want to Kill Us

Terrorism: Why They Want to Kill Us
By Doug Bandow | Cato Institute

The horrid attacks of 9/11 led to the cry: Why do they hate us? Most Americans seemed to believe that it was because we are such nice people. But the Times Square bomber reminds us that terrorism is mostly a response to U.S. government policies.

After 9/11 President George W. Bush reassured Americans: we were attacked because we are beautiful people, spreading freedom around the world. But often the actions of our government are seen by others as less than beautiful. To seek an explanation for terrorism is not to excuse monstrous attacks on civilians. But understanding what motivates people to kill could help reduce terrorism in the future.

Terrorism is not new. It was used against Russian Tsars, the Austro-Hungarian monarchy, and British colonial officials. Algerians employed terrorism against the French and later Algerian governments. Basque and Irish separatists freely relied on terrorism. Until Iraq, the most promiscuous suicide bombers were Tamils in Sri Lanka. In none of these cases did the killing occur in response to freedom, whether in America or elsewhere.

Robert Pape of the University of Chicago studied the most recent cases: "The central fact is that overwhelmingly suicide-terrorist attacks are not driven by religion as much as they are by a clear strategic objective: to compel modern democracies to withdraw military forces from the territory that the terrorists view as their homeland. From Lebanon to Sri Lanka to Chechnya to Kashmir to the West Bank, every major suicide-terrorist campaign--over 95 percent of all the incidents--has had as its central objective to compel a democratic state to withdraw." Read more.

""America Speaks to BP"" This Afternoon

Live streaming Q&A this afternoon

July 1, 2010

Ask BP Exec Bob Dudley Your Questions for a Live Interview Thursday

 

On July 1 at 3:30 p.m. ET, senior correspondent Ray Suarez will moderate a live Q&A session between BP's Bob Dudley, the executive now in charge of the company's oil leak response, and you.

 

Whistle Blower To Testify On Oil Spill Worst Fear: BP Deliberately Sinks Oil With Corexit As Cover Up


Whistle blower to testify on oil spill worst fear: BP deliberately sinks oil with Corexit as cover up
By Maryann Tobin | Examiner

Testimony before a Senate investigative panel this week is expected to reveal what many have suspected about BP all along; they don’t care about the environment, the animals that are dying, and the lives that are being destroyed by the Deepwater Horizon oil spill.

In a shocking interview with CNN’s Anderson Cooper on June 29th, Allegiance Capitol Corporation V.P. Fred McCallister said that BP is deliberately sinking oil with the toxic chemical disbursant Corexit, to hide the size of the oil spill. By sinking the oil before it can be collected, BP won’t have to pay fines on it.

McCallister said, “Everybody in Europe, where the standard practice is to raise the oil and collect it, is scratching their heads, and quite honestly laughing at what’s happening in the Gulf.” He added, “Everyone is looking at us and wondering why we’re allowing this to happen.” Read more.

Brit Iraq War Inquiry: Blairs handling of bush??????

Bwwaaaahahahahahaha..................what a subject title, the poodle handling the bush ;c} {that famous brit dry humor}

Diplomat questions Blair's handling of Bush in runup to Iraq war

30 June 2010 Lord Jay tells Chilcot inquiry Tony Blair gave commitments to US president about British involvement

Tony Blair gave certain commitments to George Bush in the runup to the 2003 Iraq war, according to Britain's senior diplomat at the time. Photograph: Jim Young/Reuters

Britain's senior diplomat at the time of the Iraq war has questioned how Tony Blair conducted his dealings with the then US president, George W Bush, in the runup to the conflict, during this morning's session at the Chilcot inquiry in central London.

Not Just the GOBP but........

Homeless Veterans and those with Children as well!

 

Murray's office sent out this statement:

 

G20 Coverage: Shape of Things to Come? Plus Black Block Provocateurs, Police Assault on Media, and Deaf Man Detained for Not Obeying Verbal Command

More videos of the G20 "black block" provocateurs, police detaining a deaf man for not obeying their command, and assault on clearly identified media videographer "below the fold." Click "Read more" below right.

Facebook Has Deleted Boycott BP, Leaving Almost 800,000 Fans Hanging

Facebook Has Deleted Boycott BP, Leaving Almost 800,000 Fans Hanging | CNN I-report

As recently as 30 minutes ago, Facebook has removed the main "Boycott BP" from it's page. With it, it leave almost 800,000 fans hanging.

This group was created with the intent of sending a clear and strong message to BP and to Washington that what has happened in the Gulf has to stop everywhere.

People from all over the world shared video clips, pictures, and frustration over what has been seen incredibly slow process to an ever growing economic and environmental disaster.

Boycott BP and it's creator, Lee Perkins, have been focused in several interviews recently, one of which was done with Diane Sawyer. To say he has made a large impact in a short amount of time is an understatement.

The question is: Why did Facebook suddenly take down the site? Read more.

Do Spending Cuts Cost Lives?

ScienceDaily (June 28, 2010) — Radical cuts to social welfare spending to reduce budget deficits could cause not just economic pain but cost lives, warn experts in a study published online in the British Medical Journal.

While there is a major debate under way about the potential economic impacts of radical budget cuts in Europe, David Stuckler from the University of Oxford and his colleagues dissect the effect of public spending on people's health.

Their analysis shows that levels of social spending in Europe are "strongly associated" with risks of death, especially from diseases relating to social circumstances, such as heart attacks and alcohol-induced illness.

As such, they argue that, although governments may feel they are protecting health by safeguarding healthcare budgets, social welfare spending is as important, if not moreso, for population health.

Engineering’s Shame

A telling sign of the now 'Higher Education' Industry Mills cranking out those pieces of papers saying intelligence with bodies attached, many of those bodies shouldn't be and give those who actually sought the same professional name recognition as they deserved that and much more and not just they but us!

The Gulf Oil-Spill Disaster Is Engineering’s Shame

 

Competing Ideologies: G20 v US Social Forum


Competing Ideologies: G20 v US Social Forum
By Stephen Lendman

Established in 1999, G20 finance ministers, central bank governors, and, at times, heads of state meet semi-annually to "discuss key issues in the global economy," the initial 1999 meeting in Berlin, hosted by German and Canadian finance ministers.

G20.org calls its itself "the premier forum for our international economic development that promotes open and constructive discussion between industrial and emerging-market countries on key issues related to global economic stability," saying it "support(s) growth and development across the globe," or does it?

The reality suggests otherwise about a political power elite gathering to review past achievements, challenges, and prospects for greater exploitation of world markets, resources, and people everywhere. In other words, to support power and privilege over beneficial social change, a consideration not addressed, discussed, or thought about, except with regard to instituting policies leading to the disintegration and elimination of social democracies, replacing them with the worst elements of developing world harshness, tolerating no opposition.

What economist Michael Hudson suggested in his recent article titled, "Europe's Fiscal Dystopia: The 'New Austerity' Road to Financial Serfdom," saying:

Afghan Corruption Inquiries?

The Afghanistan they gave the people of as well as the rest of the World but especially Us, the US under the previous administration!!

Afghan elite derailing corruption inquiries

 

June 29, 2010 Top officials in the Afghan government have repeatedly derailed corruption investigations into politically connected people, say US officials who have provided Afghan authorities with wiretapping technology and other assistance in efforts to crack down on endemic graft.

In recent months, Afghan prosecutors and investigators have been ordered to remove names from case files, prevent senior officials from being arrested, and disregard evidence against executives of a big financial firm suspected of helping the nation's elite move millions of dollars overseas, the US officials said.

Alaska and BP { i.e. Oil Corps}

BP helped state investigate itself

BLOWOUT PREVENTERS: Rig workers had reported cheating.

Never Learning The Lessons

Even though the Alaskan spill was from an Exxon Ship since that, and many other spills, the now huge oil companies have not invested in technology and crews to take care of any possible accidents nor in the needed cleanup technology for devastating accidents. If we in the construction industry cut common sense corners in building anything, especially as lessons came from past engineering mistakes or just better understanding, there'd be buildings and more collapsing all over the place or when mother nature or mother earth hits with force more deaths! Alaska's present, after 1989 Exxon Valdez oil spill, might be Gulf Coast's future

Walking in Granny D's Footsteps: Introducing Laird & Robin Monahan


Walking in Granny D's Footsteps: Introducing Laird & Robin Monahan
By David Keeler

Two brothers from Minnesota, Laird and Robin Monahan, share an abiding interest in our nation's heritage, especially Constitutional rights. Laird had spent much time, writing legislators, signing petitions, advocating for the society he and his brother had served, when called upon, those many years before in their youth. Yet, for all his time and actions, it seemed to have no effect.

Rights of the People -- the responsibilities of government granted by the People and other freedoms expressed in our founding documents -- continued to be eroded by self-interested politicians. They saw a politically serving judiciary and corporate money buying legislator loyalty to corporations rather than the people to whom they are supposed to represent. With financial resources far beyond that of the People, this lobbying transformed our society and government from serving people to serving business.

The January Supreme Court ruling in Citizens United v FEC, which established the right of corporations to spend unlimited amounts of money on campaign advertising, further enraged Laird. It was the last straw -- corporations are not people. With added zeal and much "dinner table grumbling," he continued with his letter writing and petition signing, as he grappled with the question of what could be done to save our democracy.

After the death of Granny D Laird hit upon an idea. He would combine his political activism with his passion for hiking, and follow the example of Granny D, who hiked cross-across country to advocate for campaign finance reform (directly challenging corporate influence) in 1999-2000, with his own hike to advocate for abolishing corporate 'personhood' with a Constitutional amendment. His wife Nina, who had been expecting perhaps a little more yard work, from her retired husband, was surprised. Still she grew as excited as Laird, with his new 'project' and assisted in the planning.

Hiking cross-country appeared to be a daunting task, yet the example of Granny D who began her trek at the age of 88 continued to inspire Laird. Robin, a fellow veteran and his slightly younger brother, recognized Laird's determination and the magnitude of a solo trek. Robin decided to join Laird in this effort to raise awareness and Abolish Corporate Personhood.

We Need A Change Of Policy, Not A Change Of Generals

We Need A Change Of Policy, Not A Change Of Generals
An Ordinary, non-Expert Grandmother's Take on the War in Afghanistan
By Joan Wile

I have no expertise about politics, military matters, diplomacy, and all the other things that go into making informed decisions about war and peace. But, it really doesn't take a nuclear physicist to see that we are committing a huge blunder by continuing to fight in Afghanistan.

I am quite disappointed in President Obama -- I was a very enthusiastic supporter of his campaign for the Presidency and continued to believe in him for a long time after he took office. It was a struggle, let me tell you, because he kept making decisions that I thought were not good ones. But, still I clung to my faith in him.

Support The Troops???

Looks good on those fast disappeared magnetic ribbons and satisfies the false meme's of the huge majority that refuse to serve, but Why do the Veterans of have to continually seek Private Donations and Funding for the Obvious! Why? because the Nation Won't Fund the Results of War as they have ne problem funding the ever increasing Defense Budgets no questions asked!!

New center brings much-needed care to vets

 

June 24, 2010 Getting the right care for America's wounded warriors - that's the goal of the newest addition to the National Naval Medical Center in Bethesda.

The National Intrepid Center of Excellence was conceived and built to address what is often called the 'signature injuries' of current conflicts: traumatic brain injury and post-traumatic stress.

Saddams back!

Maybe we can get one of those many look-a-likes, we've never found, who will rise out of the ashes for us to once again throw our full support to, we liked the first one so, for years, even helped him into power!

Iraq reverting to its former freedom-less ways

 

More on the {Veterans?} Political Slush Fund

U.S. Navy Veterans Association is a sham

 

June 24, 2010 Attorney General Richard Cordray wants emergency court orders to prevent Ohioans' contributions from being collected by a Florida-based "veterans" charity being investigated by several states.

He adds that the man who appears to have orchestrated this sham charity made hundreds of thousands of dollars in political contributions to candidates throughout the United States and in Ohio.

Applications for a temporary restraining order against the U.S. Navy Veterans Association and its officers were filed this week in Hamilton and Fairfield counties. They target UPS mail drops rented by the U. S. Navy Veterans Association (USNVA) in those counties. The Attorney General wants permission to hold contributions that arrive while the investigation continues.

Lejeune Marine or Family Member, 1950's to .........

This has been another, drag it out for as long as one can so the Country doesn't pony up or even admit their culpability, ongoing and information now growing, long term Military and Veteran's of issues that finally is seeing the light of day, Way to Late for Many who've already passed on, soldiers and their family members!

Documents: Tanks leaked fuel near Camp Lejeune well

 

June 24, 2010 Federal scientists studying the history of water contamination at Camp Lejeune, N.C., have learned of another source of leaking fuel — this one less than a football field away from a drinking well that once served thousands of Marines and their families.

The well was closed in December 1984 after benzene was found in the water.

Stanley Sporkin: BP's Ombudsman Fixer


Stanley Sporkin: BP's Ombudsman Fixer
By Stephen Lendman

Some call him Stanley the Fixer, Catherine Austin Fitts for one, a former high level government and Wall Street insider, now editor of Solari.com and running Solari, Inc., an ethical online investment firm specializing in preserving family wealth. Besides on her own firm and a wealth of information on important topics, her site provides extensive coverage of Sporkin, including unanswered questions about him.

On September 5, 2006, the Wall Street Journal reported that BP hired him as ombudsman "to hear worker complaints from Alaska and elsewhere in the US," a move to quiet criticism about company operations, given its history of safety and environmental violations, and long record as a serial scofflaw, making daily headlines for the past two months and sure for much longer, keeping Sporkin hyperactive on the job.

"I'll report them as I see them," he said when appointed. "My mandate is to do whatever is necessary to ascertain the facts about and identify solutions for problems that exist today as well as those likely to become issues in the future."

According to Kim Eisler in his Washingtonian.com July 16, 2007 article headlined, "Stanley Sporkin Does Things His Way:"

Sporkin "landed a very big client, BP America, and has been seen around town with (its then) president Bob Malone in tow....attempting to guide (him) through a maze of Capital Hill hearings and state inquests (concerning investigation(s about the company) over everything from Alaska pipeline failures to refinery fires and lost....worldwide CEO in a scandal."

Sporkin calls his job troubleshooting, "leading a team of investigators through the charges and countercharges," using his longtime fixer influence. While his compensation isn't known, "it's said to be substantial - more than (he) ever made during his years as a judge or at the CIA and SEC."

Who then is Sporkin, and what about his dark side? More on the latter below.

Uh Huh - So It IS A Liability-Limiting Thing

Uh Huh - So It IS A Liability-Limiting Thing
Posted by Karl Denninger | Market-Ticker

If you're wondering why BP "agreed" to the $20 billion escrow fund, wonder no more....

In the end, one aim of the fund—and a prime reason BP agreed to it—will be to minimize lawsuits against the company. To do that, Mr. Feinberg will offer big lump-sum payments to workers and businesses as an enticement to stay out of court.

"At some point, I will have to make an offer—'You take this amount in full satisfaction of your claim, but only if you waive your right to future litigation,'" Mr. Feinberg said. "And if I package it right, people will see that it makes no sense to fight it out in court."

Ding ding ding ding.

Now there's the reason for it folks.

There was never a reason for BP to agree to this fund unless they got something in return. Now we know what it was - a means to cap off liability claims against the company, which could otherwise bankrupt them.

If you remember, on the 15th BP's head said he had "no intention" of establishing an escrow account - under oath in Congressional testimony.

So what "changed his mind?" Read more.

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