Truth Frequency Radio


Nov 03, 2012

By Shepard Ambellas
theintelhub.com
November 2, 2012

GULF OF MEXICO — The United States Department of Homeland Security (DHS) is lowering the nation’s shields in the Gulf of Mexico, as foreign vessels will now be allowed to enter as Janet Napolitano has announced the 1920 Jones Act will be wavered at this time.

This announcement was spawned in wake of recent fuel and supply shortages along the East coast.

Wikipedia describes the Jones Act as;

The Merchant Marine Act of 1920 (P.L. 66-261) is a United States federal statute that regulates maritime commerce in U.S. waters and between U.S. ports. Section 27, better known as the Jones Act, deals with cabotage (i.e., coastal shipping) and requires that all goods transported by water between U.S. ports be carried in U.S.-flag ships, constructed in the United States, owned by U.S. citizens, and crewed by U.S. citizens and U.S. permanent residents. As global trade increased and the ability to finance overseas corporations correspondingly increased, there appeared loopholes in US Law by which large shipping and maritime companies could circumvent US Labor and Trade laws and regulations by using cheap labor, impressed labor, and even indentured labor from poor undeveloped countries as well as build ships using similar labor, thereby lowering costs whilst capturing the profit differential at the expense of US shipbuilders and sailors. Consequently, the purpose of the law is to support the U.S. maritime industry.[1]

Coincidentally a Rothschild advised company backing another is pushing to get in the gulf. Business Week reported, “The American Maritime Partnership, which includes labor unions and companies such as American Petroleum Tankers LLC, owned by funds managed by the Blackstone Group LP (BX), said it isn’t aware of instances where U.S. ships aren’t available to deliver needed supplies to communities trying to recover after Sandy, the largest Atlantic storm in history.”

The Blackstone Group, in which Lord Jacob Rothschild is on the Advisory Board is a subsidiary of Nalco Holding Company, the makers of the highly toxic COREXIT 9500A that was dispersed throughout the Gulf region after the BP oil spill effectively damaging and killing plant, animal, and human life throughout the region in what could be considered a major depopulation event as alluded to by Jessie Ventura and others.

On June 10th of 2010 Avalon writing for theintelhub.com reported;

A shocking discovery reveals that the dispersant COREXIT is a product of Nalco Holding Company which in turn is owned by The Blackstone Group, who has as a member of its International Advisory Board, Lord Jacob Rothschild – so much for conspiracy theories. An excerpt from The Blackstone Group site:

Lord Jacob Rothschild is a Member of the International Advisory Board.

“Lord Rothschild is Chairman of RIT Capital Partners, an investment trust company listed on the London Stock Exchange. He has been a founding partner and investor in a number of financial service companies including Global Asset Management, a money manager, and St James’s Place Capital, a unit linked life assurance company.”

A brief history of The Blackstone Group from Wikipedia,

Since 2008:

“Since the closure of the credit markets in 2007 and 2008, Blackstone has managed only to close a small number of sizeable transactions. In January 2008, Blackstone co-invested alongside TPG Capital and Apollo Management in their buyout of Harrah’s Entertainment, although that transaction had been announced during the buyout boom period. Other notable investments that Blackstone completed in 2008 and 2009 included AlliedBarton, Performance Food Group[77][78], Apria Healthcare and CMS Computers.

Among the firm’s two largest investments since the buyout boom have been The Weather Channel and the announced acquisition of Busch Entertainment. In July 2008, Blackstone, together with NBC Universal and Bain Capital agreed to purchaseThe Weather Channel from Landmark Communications.[79][80] In October 2009,Anheuser-Busch InBev announced the sale of its Busch Entertainment Corporationtheme parks division to Blackstone for $2.7 billion.[81][82]

The Financial Times has reported that Merlin Entertainments owned by Blackstone Group will file an IPO[83] in the 2nd quarter of 2010. Merlin will be listed on theLondon Stock Exchange. If true this would be the second of 8 reported IPOs Blackstone Plans[84], the first being Team Health Holdings, Inc.[85]. Blackstone reported at the end of 2009 revenues of $1.8bln, compared to -$349mln revenues in 2008[86].”

Further, on The Blackstone Group’s website is a detailed bio of the CEOStephen A. Schwarzman;

Stephen A. Schwarzman
Chairman, CEO & Co-Founder
Executive Offices
New York

Stephen A. Schwarzman is Chairman, CEO and Co-Founder of Blackstone and the Chairman of the board of directors of its general partner, Blackstone Group Management L.L.C. He has been involved in all phases of the firm’s development since its founding in 1985.

Mr. Schwarzman began his career at Lehman Brothers, where he was elected Managing Director in 1978 at the age of 31. He was engaged principally in the firm’s mergers and acquisitions business from 1977 to 1984, and served as Chairman of the firm’s Mergers & Acquisitions Committee in 1983 and 1984.

Mr. Schwarzman is a member of The Council on Foreign Relations and The Business Council. He is on the board of The New York Public Library, and The Asia Society. He serves on The JP Morgan Chase National Advisory Board, The New York City Partnership Board of Directors and The Advisory Board of the School of Economics and Management, Tsinghua University, Beijing. Mr. Schwarzman is a Trustee of The Frick Collection in New York City and Chairman Emeritus of the Board of The John F. Kennedy Center for the Performing Arts. He also was awarded the Légion d’honneur by President Jacques Chirac.

Mr. Schwarzman holds a BA from Yale University and an MBA from Harvard Business School. He has served as an adjunct professor at the Yale School of Management and on the Harvard Business School Board of Dean’s Advisors.

Monitoring of the Deepwater Horizon Oil Spill and the Deepwater Horizon Response site provide much material for further research.

One fact of significant importance is that, according to the Wikipedia COREXIT page;

One variant was used in the 1989 Exxon Valdez disaster in Alaska. In 2010, Corexit EC9500A and Corexit EC9527A[2] were used in unprecedentedly large quantities in the Deepwater Horizon oil spill.[3] On May 19, 2010 the Environmental Protection Agency gave BP 24 hours to choose less toxic alternatives to Corexit, selected from the list of EPA-approved dispersants on the National Contingency Plan Product Schedule[4], and begin applying them within 72 hours of EPA approval of their choices but BP refused since they are co-producing Corexit with Nalco – the official maker of Corexit.[5] BP has used Corexit 9500A and Corexit 9527A thus far, applying 800,000 US gallons (3,000,000 l) total[6], but more accurate estimates run as high as 1,000,000 US gallons (3,800,000 l) underwater.[7]

More detailed information on the Toxicity of COREXIT from Wikipedia explains how;

The safety data sheet states “The potential human hazard is: High.”

Additionally, “According to the Alaska Community Action on Toxics, the use of Corexit during the Exxon Valdez oil spill caused “respiratory, nervous system, liver, kidney and blood disorders” in people.[9] According to the EPA, Corexit is more toxic than dispersants made by several competitors and less effective in handling southern Louisiana crude.[14] However, the oil from Deepwater Horizon is not believed to be typical Louisiana crude.
Reportedly Corexit is toxic to marine life and helps keep spilled oil submerged. The quantities used in the Gulf will create ‘unprecedented underwater damage to organisms.’[15] 9527A is also hazardous for humans: ‘May cause injury to red blood cells (hemolysis), kidney or the liver’.[16]
Alternative dispersants which are approved by the EPA are listed on the National Contingency Plan Product Schedule[4] and rated for their toxicity and effectiveness.[17]

Who will profiteer from this crisis?

MORE NEWS BY NEWS >>