Did BP, Halliburton and Transocean Ltd conspire to let the Deepwater Horizon oil rig explode? Sound preposterous? You may not think so after watching ex-Governor Jesse Ventura interview a bevy of individuals, including investigative journalists Sherri Kane and Len Horowitz (their radio program website: The Insight Hour) in his latest episode, Season 2, No. 7 of Conspiracy Theory with Jesse Ventura.

Sherri and Len, whose articles that I have read, I must point out, are highly ideologically conspiratorial and rhetorical, bluntly claim that the Gulf Oil Disaster was planned, and that much of the proof lies in buys, sells and puts on Wall Street. Why, for example, did then BP CEO Tony Hayward sell 1/3 of his stocks in his own company on March 17 (collaboration), just a little over a month before the Deepwater Horizon blew on April 20, 2010. Hayward purportedly made millions on the sell-off, while other BP stockholders lost heavily when stocks plummeted after the oil rig explosion. Was this mere coincidence, and Tony merely wanted to raise money to pay off a big mortgage? Maybe, but BP had already had a great deal of difficulty with exploratory drilling in the Macondo Prospect, so certainly the board of directors must have at least speculated that there was potential for disaster. Did they decide that such a negative event had another kind of potential, profit potential? Perhaps they even thought a disaster was inevitable, so why not take advantage of this, good old disaster capitalism at work.

And why did Transocean Ltd, the owner of the Deepwater Horizon, on the very morning, Horowitz states, of the blow-out and explosion which would occur later that night (9:45 pm CDT) open up a special “Put-Option” in the European stock exchanges on their stocks, available to inside players, an equity maneuver that had actually been put into motion on April 14th. A “Put”, to paraphrase Ventura, is like buying insurance on your stock price in case it plummets. When this plummet DID occur after the disaster, Len Horowitz claims that Transocean made “billions”.

Here is what Kane and Horowitz wrote in an article entitled “30 Facts Evidencing that The Gulf Oil Crisis Was Planned”, which conflicts somewhat with the account he gave to Ventura, so he would have to explain his discrepancies, but nonetheless, the timing of all this occurring just before the disaster is amazingly coincidental, and you know what detectives say, that in the world of investigation, there are no coincidences!

The Management Boards of the Eurex Stock Exchanges and the Executive Board of Germany’s Eurex Clearing AG decided, on April 14, 2010, to introduce an equity option on shares of Transocean Ltd, effective on the day of the explosion, April 20, 2010. This gave inside traders a full day to dump their “uninsured” stock in Transocean at the highest price possible (before the rest of Wall Street responded to the explosion). Then the crisis capitalists were able to reinvest their funds securing the higher price value.

These officials published zero reason for Transocean’s new equity option program that encouraged banking criminals to use “protective puts” to make millions.

In other words, by paying a relatively small premium (compared to the soon-to-be plunging market value of Transocean stock), the Rothschild Leaguers knew no matter how far the stock dropped, it could be sold at the original “strike price” (also called the “put option”) anytime before April 20, 2012. (source)

Then there is Halliburton’s highly coincidental purchase of Boots and Coots/IWC, one of the prime oil disaster intervention companies in the world, for 240 million dollars on April 9, 2010, a purchase suspicious enough to warrant an investigation, to quote from Wikipedia:

On April 9, 2010, it was announced that Halliburton would acquire Boots and Coots for $3 per share, valuing the deal at approximately $240 million. On April 12, Robbins Umeda LLC reported it has launched an investigation into “possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Boots & Coots, Inc.” [ 5 ] with regard to the deal. (source)

Boots and Coots, of course, has been heavily employed in the entire Gulf oil disaster control and cleanup efforts, raking in how much profit I am not sure, but rest assured that it is plentiful.

It is not merely conspiracy theorists who smell a rat in the timing of this purchase. This further “coincidence” has been raising questions in the mainstream media and beyond, as noted by a Raw Story article on June 18, 2010:

Does a company that both builds oil rigs and cleans up oil spills have any motivation to prevent oil rig disasters?

That’s the question some people in business and politics are asking themselves after Halliburton’s purchase of an oil clean-up company 10 days before the Deepwater Horizon explosion that killed 11 workers and launched the worst oil spill in US history.

Some observers see a conspiracy in the actions of the company once headed by Dick Cheney. Halliburton, which built the cement casing for the Deepwater Horizon’s drill, announced its purchase of Houston-based oilfield services company Boots and Coots for $240 million on April 9, just 11 days before the Deepwater Horizon explosion.

American Conspiracies:... Jesse Ventura, Dick Ru... Best Price: $1.39 Buy New $3.45 (as of 08:50 UTC - Details)

According to a report at the Christian Science Monitor Friday, Boots and Coots is now under contract with BP to help with the oil spill. The company “focuses on oil spill prevention and blowout response,” CSM reports. Halliburton’s purchase is not yet a done deal – it’s still awaiting regulatory approval, though few observers think the purchase won’t pass muster.

“[Mergers and acquisitions] in the industrial and oil services sectors is totally normal,” writes David Anderson at The Inspired Economist, “but the timing in this case, is not. Boots & Coots sure seems like the perfect company to own if it would soon become necessary to get more involved with some oil disaster. (source)

This triumvirate of possibly “preemptive financial strikes” may indeed be coincidence at best or, more darkly, even a disaster capitalist premonition of impending doom at the Macondo Prospect oil rig, brightened by the predatory instinct to capitalize on it. The blackest explanation, however, is that the blowout of the well head was intentional, part of a wider, Big Money/Government Elitist criminal conspiracy to depopulate parts of the Gulf Coast and turn them into a giant industrial field.

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December 13, 2010

The Best of Mac McKinney

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