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Senior NOAA Scientist Admits He Lied That Gulf Spill Oil Is Gone, Puts Administration's Spill-Disclosure "Credibility" In Question

Tyler Durden's picture




 

The fears of all those who had long believed that the administration, either in collboration with BP or otherwise, had been flagrantly lying about the true situation in the GOM, have been confirmed by The Guardian (via BNO). "A senior U.S. government scientist on Thursday admitted that
three-quarters of the oil that was released into the Gulf of Mexico
after BP’s Deepwater Horizon spill was still there, contradicting his
earlier claim that the worst of the spill had passed, the Guardian
reported.
Bill Lehr, senior scientist at the National Oceanographic and
Atmospheric Administration (NOAA), presented a radically different
picture than the one the White House had presented to the public earlier
this month. He contradicted his own reports from two weeks ago that
suggested that the majority of the oil had been captured or broken down.
“I would say most of that is still in the environment,” Lehr told the
House energy and commerce committee.
" So just how many other thing are the President and his crony corrupt "scientist experts" lying about?

More from BNO:

His statement seems to all but confirm suspicions within the scientific community that the White House was trying to spin and hide scientific data regarding the damage of the oil spill. The only member of Congress who turned up at the hearing was Ed Markey, the committee chair. Lehr did, however, revise the amount of oil that spilled into the gulf, saying that only 4.1 million barrels were spilled versus the previous estimate of 4.9, noting that 800,000 barrels were siphoned directly from the well.

A number of estimates that aren’t coming from the White House suggest that as much as 90 percent of the oil is unaccounted for. Lehr himself said that only 6 percent was burned and the other 4 percent was skimmed, but he wasn’t confident on the amount collected from beaches.

Not surprisingly, the administatrion once again found a way to blame someone else for its ongoing horrendous mismanagement of everything from the economy, to internal politics, to foreign relations, and even to natural disasters.

Markey was visible upset and critical of Lehr, saying that the released report by NOAA gave the public a false sense of confidence. “You shouldn’t have released it until you knew it was right,” he said.

“People want to believe that everything is OK and I think this report and the way it is being discussed is giving many people a false sense of confidence regarding the state of the Gulf.”

The Obama administration’s credibility took a dive after Ian MacDonald, ocean scientist at Florida State University and has studied the Gulf of Mexico for 30 years, said that the White House made “sweeping and largely unsupported” claims by saying that three-quarters of the oil was gone. “I believe this report is misleading,” he said. “The imprint will be there in the Gulf of Mexico for the rest of my life. It is not gone and it will not go away quickly.” He further went on to note the tipping point from which the ecosystem in the Gulf wouldn’t recover.

Today’s testimony and further evidence that continues to crop up within the scientific community put the White House in an uneasy situation as the November elections aren’t far off.

Is it too late to ask an independent third party body to finally evaluate the integrity of the seabed around the first oil spill and confirm (or deny) the late Matt Simmons' conjecture, which with each passing day seems to become more and more credible, as those who have the most to lose from the truth are caught lying ceaselessly. And yet those who will be hurt the most continue to pretend that all is well, and eagerly eat up all the lies offered them by their superiors. Perhaps, at the end of the day, everyone in this fiasco deserves what they get?

 

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Thu, 08/19/2010 - 17:45 | 531481 spekulatn
spekulatn's picture

Bush's fault, bitchez.

Thu, 08/19/2010 - 17:54 | 531499 bob_dabolina
bob_dabolina's picture

The first Bush bitchez

Thu, 08/19/2010 - 17:59 | 531513 Ragnarok
Ragnarok's picture

Personally I blame mother nature for being so selfish as not to provide ample supply of whales for oil harvesting and making their oil burn dirty.

Thu, 08/19/2010 - 21:23 | 531857 Mad Max
Mad Max's picture

Nuke the whales!

Fri, 08/20/2010 - 02:30 | 532232 Fish Gone Bad
Fish Gone Bad's picture

Nuclear whales would provide almost endless energy.

Fri, 08/20/2010 - 10:28 | 532741 Mad Max
Mad Max's picture

What if we send the whales through an intrinsic field subtractor?

Fri, 08/20/2010 - 09:18 | 532510 Kobe Beef
Kobe Beef's picture

insert maniacal laughter here

Thu, 08/19/2010 - 23:02 | 532046 hangemhigh
hangemhigh's picture

" Personally I blame mother nature for being so selfish as not to provide ample supply of whales for oil harvesting and making their oil burn dirty."

CWOB.....clean whale oil bitches!!!!!

Thu, 08/19/2010 - 18:45 | 531610 VegasBD
VegasBD's picture

Prescott Bush's fault bitchez

Thu, 08/19/2010 - 19:09 | 531656 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Railroads, bitchez!

Thu, 08/19/2010 - 20:18 | 531747 kathy.chamberli...
kathy.chamberlin@gmail.com's picture
Senior NOAA Scientist Admits He Lied

pulled a pinocchio†

The name Pinocchio is a Tuscan word meaning "pine nut"

i can loving be called, your little pine nut.

Thu, 08/19/2010 - 21:56 | 531917 New_Meat
New_Meat's picture

they're kinda' small, n'est ce pas?

Thu, 08/19/2010 - 22:12 | 531970 kathy.chamberli...
kathy.chamberlin@gmail.com's picture

my small nips!

Thu, 08/19/2010 - 20:19 | 531755 Crummy
Crummy's picture

Tinfoil Hatz, Bitchez!

 

Srs...

Thu, 08/19/2010 - 22:52 | 532047 jeff montanye
jeff montanye's picture

james watt, bitchez

Fri, 08/20/2010 - 01:02 | 532176 StychoKiller
StychoKiller's picture

Ya mean Moses' "burning bush?"

Thu, 08/19/2010 - 18:17 | 531557 nmewn
nmewn's picture

I thought Barry sent SWAT Teams armed with REALLY big sponges...what happened?...LOL.

Thu, 08/19/2010 - 18:50 | 531609 Tarheel
Tarheel's picture

To the moron posting above, they cant blame Bush for something that happened this year and was a result of the obamanation administration.

IF it ever had any credibility, it sure is gone now. I'm not sure anyone outside MSNBC and Hollywood still believe in the Annointed One.

Thu, 08/19/2010 - 19:46 | 531704 truont
truont's picture

To the moron posting above, they cant blame Bush for something that happened this year

 

Here, maybe this will help:

http://dictionary.reference.com/browse/sarcasm

Thu, 08/19/2010 - 23:37 | 532096 snowball777
snowball777's picture

Fucktard, who was president when they bluffed through the inspections on that Macondo well?

Hint: if he made a movie with his dad, they could call it the Wimpy and Chimpy Hour.

 

Fri, 08/20/2010 - 10:08 | 532662 Jim in MN
Jim in MN's picture

**********WHISTLE************

Calling a foul here.

Ronnie had the chimp.  Look it up.  Was he a wimp?  Kinda.  But still, watch it with the historical chimp references.  Some of us care about these things.

Fri, 08/20/2010 - 01:14 | 532183 PiratePiggy
PiratePiggy's picture

John Harwood and Steve Liesman didn't follow Dylan to MSNBC did they?

Thu, 08/19/2010 - 21:12 | 531843 spekulatn
spekulatn's picture

Getting junked and loving it, bitchez!

Thu, 08/19/2010 - 21:45 | 531891 DoChenRollingBearing
DoChenRollingBearing's picture

Go post on any Middle East thread and see what it is like to get junked big time.

Thu, 08/19/2010 - 22:12 | 531966 spekulatn
spekulatn's picture

:)

Thanks much you buzz kill.

:)

Fri, 08/20/2010 - 00:40 | 532158 Dapper Dan
Dapper Dan's picture

They should stop serving drinks after 9:00 here at Zero Hedge.

Fri, 08/20/2010 - 00:45 | 532160 Dapper Dan
Dapper Dan's picture

I was going to edit previous post regarding the 9:00 am or pm but I don't think it matters on this site.

Thu, 08/19/2010 - 23:01 | 532053 El Hosel
El Hosel's picture

" Administration's Spill-Disclosure "Credibility" In Question"..

 

   There is no credibility, no question.

 

    Next question.

Fri, 08/20/2010 - 01:04 | 532177 StychoKiller
StychoKiller's picture

Who in their "right" minds was gonna believe that over 4Million BBLs (?) of oil were just gonna get sucked up by starfish??

Fri, 08/20/2010 - 10:05 | 532643 oddjob
oddjob's picture

Prescott.

Thu, 08/19/2010 - 17:45 | 531483 titatu
titatu's picture

They found the reason, why it does not look to be there:

http://www.whoi.edu/page.do?pid=7545&tid=282&cid=79926&ct=162

Thu, 08/19/2010 - 18:35 | 531588 Ripped Chunk
Ripped Chunk's picture

They threw tons of "dispersant" on it to make it sink. Then they said: "There you go! all gone!"

The dispersant is toxic as hell for all forms of life. "There you go! all gone!"

Fri, 08/20/2010 - 13:09 | 533159 bigkahuna
bigkahuna's picture

its time that those responsible were made to go out and swim in the fresh corexit filled gulf for a while -- there, enjoy the cool gulf water -- refreshing!

Thu, 08/19/2010 - 18:40 | 531600 breezer1
breezer1's picture

thanks titatu.

Thu, 08/19/2010 - 23:25 | 532087 Sausagemaker
Sausagemaker's picture

Call the Guinness Book.. The Gulf of Mexico is now the World's Largest Lava Lamp

Thu, 08/19/2010 - 17:46 | 531484 jkruffin
jkruffin's picture

When they first announced it was gone, I asked "where the hell did it go then?"  It didn't just disappear.  Who in their right mind, couldn't tell they were lying trying to pump BP stock that was falling off the crater.

Thu, 08/19/2010 - 17:55 | 531502 bob_dabolina
bob_dabolina's picture

There was no leak to begin with. It was a bad dream.

Thu, 08/19/2010 - 18:00 | 531518 jkruffin
jkruffin's picture

EPIC! LOL   Good one.

Fri, 08/20/2010 - 10:16 | 532693 Waterman Jim
Waterman Jim's picture

++

"these aren't the droids your looking for...."

 

Thu, 08/19/2010 - 18:48 | 531618 Tarheel
Tarheel's picture

Remember, the media doesn't question the White House now. No more hardball questions. Wouldnt want the public to see through this farce.

Thu, 08/19/2010 - 19:43 | 531698 alien-IQ
alien-IQ's picture

Yet another conspiracy "theory" proven to in fact be a conspiracy.

The list is getting long.

Now back to American Idol.

Thu, 08/19/2010 - 19:54 | 531715 drwells
drwells's picture

Shit, I remember playing Deus Ex back before 9/11 and thinking how farfetched it all seemed. How little I knew.

Thu, 08/19/2010 - 20:15 | 531746 Conrad Murray
Conrad Murray's picture

You may find this of itnerest:

http://www.youtube.com/watch?v=i6JTvzrpBy0

Thu, 08/19/2010 - 20:27 | 531763 kathy.chamberli...
kathy.chamberlin@gmail.com's picture

i tried to buy an Aladdin lamp mantle today at a hardware store, guess what, no mantles since february. conspiracy, maybe. or else everyone is buying survival supplies, and they know it. b u s t e d. curious, what happens when the lights get turned out?

I did a little research and found the press release below, dated 2/10/2010, from the Aladdin Mantle Lamp Company. Apparently, there has been a shortage of mantles for some time. The company is attempting to rectify the problem.

http://www.aladdinlamps.com/News.asp

Fri, 08/20/2010 - 00:52 | 532167 Dapper Dan
Dapper Dan's picture

Just wait till there is shortages of Lithium and Seroquel !!

Fri, 08/20/2010 - 17:59 | 533870 kathy.chamberli...
kathy.chamberlin@gmail.com's picture

go to ORVIS hot springs. you can go in naked too. it is outside ouray colorado. you know where the ugly bitchez ayn rand went when coming to america.

Thu, 08/19/2010 - 17:48 | 531486 jkruffin
jkruffin's picture

I think it is about time for some impeachments to begin!!!!!!!  I know, like myself, millions of other people across this nation are tired of the lies being spewed out of this government. 

Impeachment= Change we can believe in!!!!!!!!!!!!!!!!!!!

Thu, 08/19/2010 - 18:01 | 531517 Problem Is
Problem Is's picture

Hey Obummer... make like a Palin tree and leave early...

Thu, 08/19/2010 - 19:13 | 531661 Mr Lennon Hendrix
Mr Lennon Hendrix's picture
She is a total demogague bully.  Just like Barry.  Just like Bush.  Just like Bill.  Just like Poppy.  Just like..... Sarah Palin: Worst governor ever?:

http://www.youtube.com/watch?v=e2ma_hZL-Ic

Thu, 08/19/2010 - 20:29 | 531765 kathy.chamberli...
kathy.chamberlin@gmail.com's picture

hair flipping, bitchez†

Thu, 08/19/2010 - 23:19 | 532073 hangemhigh
hangemhigh's picture

"Impeachment= Change we can believe in!!!!!!!!!!!!!!!!!!!"

bless you my child......finally, one campaign bumper sticker to rule them all.......!!!!!!

Fri, 08/20/2010 - 00:35 | 532152 Village Idiot
Village Idiot's picture
by hangemhigh
on Thu, 08/19/2010 - 20:19
#532073

 "Impeachment= Change we can believe in!!!!!!!!!!!!!!!!!!!"

bless you my child......finally, one campaign bumper sticker to rule them all.......!!!!!!

Excellent  work!

 

Fri, 08/20/2010 - 07:44 | 532354 Thunder44
Thunder44's picture

You could probably retire off the money you would make from that bumper sticker..

Fri, 08/20/2010 - 09:24 | 532526 Kobe Beef
Kobe Beef's picture

worth a try, I guess.

I'd certainly buy 'Nuke the Whales'

 

Cheers,

Beef

Thu, 08/19/2010 - 17:51 | 531489 MGA_1
MGA_1's picture

This is terrible to say, but nature will eventually take care of the existing oil.  There still looms a larger question "Is the well still spilling oil?"

Thu, 08/19/2010 - 19:59 | 531726 MaximumPig
MaximumPig's picture

Surely you are right but there is no way to be sure nature will do so in a way that is hospitable to our species.

Thu, 08/19/2010 - 20:10 | 531742 Big Red
Big Red's picture

Ah, but we are talking about widespread Corexit usage, I don't think we can count on nature to take care of that twist, if at all....

Fri, 08/20/2010 - 10:18 | 532705 Waterman Jim
Waterman Jim's picture

yeah like in 500 years.

 

 

Thu, 08/19/2010 - 17:52 | 531496 Turd Ferguson
Turd Ferguson's picture

And I always seem to overlook these extra posts at the top of the ZH homepage.

GW is doing some fantastic work!

http://www.zerohedge.com/article/bp-and-government-are-underplaying-diff...

Thu, 08/19/2010 - 18:39 | 531596 Turd Ferguson
Turd Ferguson's picture

Yep, sure looks like junk to me, too.

Fri, 08/20/2010 - 14:13 | 533303 rapidsingleflux
rapidsingleflux's picture

Far from junk, my friend. Must be a large number of shills today...

Thu, 08/19/2010 - 17:59 | 531511 Problem Is
Problem Is's picture

Suck up some of that water and fill Obummer's swimming pool with it. Obummer and Salazar can take a swim and dine on Gulf shrimp...

Put your money where your mouth is Hopey McChange...

Thu, 08/19/2010 - 20:30 | 531770 kathy.chamberli...
kathy.chamberlin@gmail.com's picture

drown bitch and obe one.

Thu, 08/19/2010 - 17:59 | 531514 covert
covert's picture

so, why did he come clean? why now instead of earlier or later?

http://covert2.wordpress.com

Thu, 08/19/2010 - 22:59 | 532051 jeff montanye
jeff montanye's picture

just a guess:  now he is asked under penalty of perjury?

Thu, 08/19/2010 - 18:05 | 531529 molecool
molecool's picture

I predict that Mr. Lehr will experience an 'unfortunate accident' in his pool in the near future.

Thu, 08/19/2010 - 19:12 | 531663 Ras Bongo
Ras Bongo's picture

He must be so depressed right now that he can only be suicided

Thu, 08/19/2010 - 19:44 | 531702 Dapper Dan
Dapper Dan's picture

Twice in the back, once in  the head.  Clearly a suicide!

Thu, 08/19/2010 - 18:14 | 531536 2discern
2discern's picture

The liar-in-chief is not able to promote truth. His disorder is such that lying is the norm and to deviate is abnormal. Look, this guy can't even be honest of his past. It's still a mystery. All culminating facts keep pointing to one cetral truth-barry soetero is a fraud! How long before thinking, objective, tax paying,FED ripped off citizens, get it? Yesterday, Blago gets federally charged with lying. Barry soetero does it everyday into the camera as well as all his staff and administration. Why do they have impunity lying to the public?

 

This is way past bizarre. There is no rule of law. CONgress included. The stage is set for massive rebellion. We cannot take the deception any longer. Arrest the impostor in the Oval Office. You cannot impeach a putative president. The empty suit is finished. All signed executive orders, signed legislation, appointments will be nullified. The very numerical distinction of his presidency will be expunged. The next real President will be #44. Barry will be in gitmo awaiting charges of treason. At least he will be with those of like faith. They can do their Friday prayers together as they contemplate Constitutional justice.

Thu, 08/19/2010 - 19:45 | 531705 Eally Ucked
Eally Ucked's picture

You sound like a bit of retarded rep. supporter. Soetero or not, what about the predecessors, great guys for you? Soetero fucked up everything in just not even 2 years, don't make me laugh. Those puppets are only for show and you can wait for the next great president taking care of the nation for the next few hundred years, if you take into account present laws. Go to your prayers and give us a break. 

Thu, 08/19/2010 - 22:48 | 531988 2discern
2discern's picture

The comment never supported previous puppets. It has been nearly 100 yrs. of financial rape from the string pullers to this so called Republic, so who interprets the post differently is the special needs individual. Obviously, the Donk (as Tyler calls it) and all the other legislation, executive orders etc. are/will be pertinent to the market well being when the fraud is fully prosecuted. As I recall, the same may be true for all the other manipulated markets that are talked about each day on ZH.  Do you trust Geithner? Bernake? CIA? BIS? IMF? SEC? My point is simple, WITHOUT INTEGRITY YOU HAVE NOTHING! If an ounce is not an ounce (gold, silver, platinum, etc.) and a stat is NOT a stat (fudged) no system will endure. Temporary, yes. Long term, no. Underlying entire business fundamentals (ones that last) are ethics of true weights & measures. To challenge that principle, stresses the workings, accounting, value, and benefits of said enterprise or commodity. That does not exclude the oft profit of cheating or in this case the article, of lying to cover for a multitude of reasons. 

Thu, 08/19/2010 - 18:08 | 531538 Hammurabi
Thu, 08/19/2010 - 20:31 | 531771 kathy.chamberli...
kathy.chamberlin@gmail.com's picture

G U L F P O R T , oh my!

Thu, 08/19/2010 - 23:52 | 532109 Sausagemaker
Sausagemaker's picture

I lived in the Biloxi-Gulfport area for 4 years. Pogies are very fagile (a canary in the coal mine?) We used to catch them in huge numbers for bait. I never saw them die en masse and wash up anywhere though. A massive kill is what you might call "foreshadowing".

Sausagemaker

Thu, 08/19/2010 - 18:11 | 531546 Rainman
Rainman's picture

Non-story. Always assume lying when government official lips move.......until proven otherwise beyond a reasonable doubt. To do otherwise makes no sense.

We could load up a whole day's worth of examples.

Thu, 08/19/2010 - 19:16 | 531667 docj
docj's picture

Compelled to agree, Rainman.  I've long-ago realized, and come to terms with, that The Government (however broadly defined) has lied to us, repeatedly, about a great many things down through the years.

That this bunch seems to lie about, well, literally freaking everything doesn't change the basic dynamic.  They have an agenda - it's not "our" agenda and it's not one that the overwhelming majority are ever going to know about.  They're just there to play their part, and get their piece of the action.

This is what it looks like when civilizations die, folks.  Happened throughout history.  Happening now in real time.

Thu, 08/19/2010 - 21:58 | 531933 RichardP
RichardP's picture

Isn't there so much more to civilization than knowing the truth about this moment in time in the gulf?  Isn't there so much more still in place to sustain civilization?  If civilization is dying before your eyes, it is not because of the gulf situation.

Thu, 08/19/2010 - 22:13 | 531971 MsCreant
MsCreant's picture

It is a symptom. We couldn't fuck up this big 100 years ago. We fuck up this big too regularly now.

http://www.newsweek.com/photo/2009/07/21/photos--the-worst-man-made-environmental-disasters.html

Thu, 08/19/2010 - 23:22 | 532084 DaveyJones
DaveyJones's picture

as usual, excellent point dear. we fuck up economies, ecologies, and psychologies on a global scale today

Fri, 08/20/2010 - 04:35 | 532300 RichardP
RichardP's picture

Yet civilization keeps chugging along like the engine that could - morphing when and where it needs to, but not dying.  How are the civilizations in Canada or Greece being killed, or affected at all, by the gulf disaster?  Altered dinner menus don't count as an answer.

Fri, 08/20/2010 - 16:00 | 533575 DaveyJones
DaveyJones's picture

Peak oil /energy is the ultimate limitation of credit economies and nations in debt. It causes oil companies to look and drill deeper and take greater risks while cost cutting. It also causes governments to lie about environmental impact. Greece is in deep debt and hires Goldman to help fudge the books causing all sorts of leaks and explosions. Do not ask for whom the bell tolls

Fri, 08/20/2010 - 09:44 | 532582 docj
docj's picture

If civilization is dying before your eyes, it is not because of the gulf situation.

Of forests and trees, and such.

Thu, 08/19/2010 - 18:17 | 531555 10044
10044's picture

Thousands were gathered at the home of the former NOAA scientist to pay their respect to Bill Lehr, who suddenly died of a heart attack early Friday morning. He was said to be in his bathtub when the accident happened.

Thu, 08/19/2010 - 18:34 | 531584 cossack55
cossack55's picture

I heard he slipped in the shower and landed on some bullets.

Fri, 08/20/2010 - 01:12 | 532182 StychoKiller
StychoKiller's picture

Why did he HAVE to install an elevator shaft in the bathroom?  Oh, the Humanity!

Fri, 08/20/2010 - 09:47 | 532588 hardmedicine
hardmedicine's picture

the education attracted me, the humor keeps me coming back!d

Thu, 08/19/2010 - 18:18 | 531556 Cognitive Dissonance
Cognitive Dissonance's picture

So just how many other thing are the President and his crony corrupt "scientist experts" lying about?

Obama - "Just this time, I swear to God and hope to die if I'm lying....again that is. I mean it was just a little white lie that no one really believed anyway. That's got to count for something, right? For crying out loud, what's the big deal? Haven't you ever told a little fib before? Come on, I dare anyone in this room to tell me they never lied before. So shut up and settle down. I'm the God damned leader of the free world and what I say is the LAW, ya got that?"

Pssst, cue the Lindsy Lohan tapes.

Thu, 08/19/2010 - 19:49 | 531711 truont
truont's picture

The US elites are not trying to fool anyone with their lies.

They are just trying to keep as many sheep asleep as possible, for as long as possible.

Thu, 08/19/2010 - 21:48 | 531895 Jerome Lester H...
Jerome Lester Horwitz's picture

You should have started your quote with "Let me be clear!"

Thu, 08/19/2010 - 21:58 | 531932 Cognitive Dissonance
Cognitive Dissonance's picture

LOL

Clearly I do a piss poor Obama imitation. I can't even get the skin color right. And that Chicago accent has me buffaloed. I guess I need to call up Rick Santelli and take some lessons in the "Chicago" dialect of the Kings English. :>)

Thu, 08/19/2010 - 22:01 | 531942 New_Meat
New_Meat's picture

or "Make no mistake."

Thu, 08/19/2010 - 18:20 | 531561 oklaboy
oklaboy's picture

and this suprises you how?

Thu, 08/19/2010 - 18:20 | 531562 papaswamp
papaswamp's picture

As Homer would say..."Doooop!"

Thu, 08/19/2010 - 23:06 | 532067 Pope Clement
Pope Clement's picture

or maybe brododactylos

Thu, 08/19/2010 - 23:28 | 532090 DaveyJones
DaveyJones's picture

The Iliad or the Odessey? 

Thu, 08/19/2010 - 18:27 | 531570 jbc77
jbc77's picture

I've had a gut feling from day one something just wasn't right. Specifically what we were told byt uncle sam and BP.

I would love nothing more than to see Simmons vidicated. It now seems quite possible that Simmons may have been the most truthful, accurate comentator on the whole situation. If he really felt that way who could blame the guy for putting a short on. In the end people just couldn't look past the fact that he shorted BP, it opened the door to damage his credibility.

 

Thu, 08/19/2010 - 18:44 | 531607 DollarMenu
DollarMenu's picture

I can't really see the difference between "Talking your book" and

"Putting your money where your mouth is".

It seems that the former is to be disparaged, while the latter is proof of one's conviction.

Can someone please clarify this for me?

Thu, 08/19/2010 - 19:11 | 531659 faustian bargain
faustian bargain's picture

One point is, for someone with an audience, it's a lot easier to damage a company's reputation than it is to enhance it.

Thu, 08/19/2010 - 19:57 | 531721 MaximumPig
MaximumPig's picture

It's the causal relationship between the two things that make the difference:

"Putting your money where your mouth is" means first having a viewpoint, then taking the financial position based on the viewpoint.

"Talking your book" means, having taken a financial position, espousing a viewpoint that is intended to serve that position.  

The latter is obviously suspect because the viewpoint is not the result of objective analysis.

 

 

Thu, 08/19/2010 - 18:28 | 531574 I am a Man I am...
I am a Man I am Forty's picture

What bullshit, you people are a bunch of guppies for believing this.  Now it is an invisible oil plume that you wouldn't notice if you swam through it.  Gimme a break.  Do you people not realize that oil leaks naturally into the oceans all the effing time.  ZH, stick to finance and economics, this oil thing is making you look ridiculous.  

Thu, 08/19/2010 - 18:37 | 531589 Ripped Chunk
Ripped Chunk's picture

You go swim in it then DB

Thu, 08/19/2010 - 18:37 | 531592 still kicking
still kicking's picture

technically it's an oil component plume, as in you are basically swimming in a vat of chemicals mixed with water.

Thu, 08/19/2010 - 19:17 | 531602 DarkMath
DarkMath's picture

By invisible they mean it's lurking deep under the water. The stuff we saw on the surface was just the tip of the iceburg. The reason people are freaking out is that a huricane could stir up that Oil and Liquid Methane and bring it to the surface all at once. If you recall several deep water wells were actually destroyed by Katrina. Imagine the force it would take to rip apart a well at 5000ft under water. Yeah, that kind of force could redistribute a lot of deep Oil and Liquid Methane and bring it to the surface at once. There's a possibility however remote that the Liquid Methane would turn into a toxic cloud if it was brought ashore during a storm surge.

<sarcasm>But don't worry these are just little people so it's not a big deal if we lost a few....</sarcasm>

A little more on Liquid Methane from Oil wells. It's routinely found with Hydrogen Sulphide in the form of Sour Gas (methane mixed with hydrogen sulphide). It's not the Methane that could kill people but the Hydrogen Sulphide mixed with it. It would basically disolve your lungs and asphyxiate you. It's so cold at 5000ft that the Sour Gas is in liquid form just waiting in a refrigerator.

http://en.wikipedia.org/wiki/Hydrogen_sulphide

Thu, 08/19/2010 - 18:49 | 531622 Tyler Durden
Tyler Durden's picture

What does anything you said have to do with the topic of this post which is, and let me repeat, that a scientist confirmed he had lied (whether or not under duress) about the presence of oil in the gulf? And by the way, tens, if not hundreds of billions, in "superfund" or comparable future payments, has put more than one company in bankruptcy, so saying this has nothing to do with finance is childish at best. Lastly, your time may be better spent telling the Washington Post to stick to whatever it is they write about, as they seem to have uncovered an even uglier truth: http://www.washingtonpost.com/wp-dyn/content/article/2010/08/19/AR2010081904127.html?hpid=topnews

Thu, 08/19/2010 - 19:21 | 531660 Mercury
Mercury's picture

Seconded (for what it's worth).

It's too early for anyone to know what's what but this post reports important information.

Although it's perfectly believable that this amount of lighter crude could eventually be broken down by the flora etc. of the surrounding environment -relatively quickly even- to think that it's "all gone" already is a bit much to swallow (did the Gulf start to heal right after Obama appeared on the scene in person?).  Plus, the jury's still out on all that Corexit crap (which they don't mention in those touchy-feely BP ads) as far as I'm concerned.

If someone wants to throw their weight around on this issue in a fuck-this-fuck-that way let it be from someone working on site or with some technical expertise.

update: Please.

Fri, 08/20/2010 - 01:17 | 532188 StychoKiller
StychoKiller's picture

Perhaps the "Anointed One" turned the oily water into whine!

Thu, 08/19/2010 - 19:50 | 531713 MrSteve
MrSteve's picture

belief management and perception management are the operative dynamic programs for all official news about BP's "most unfortunate" incident in the Gulf of Mexico. By the time you dig  8 or 10 pages down into Google's returned search sites, you find some very sobering reports on these concepts. Very scientific and very powerful.

Thu, 08/19/2010 - 21:05 | 531829 Max Hunter
Max Hunter's picture

Must be Bubba in disguise. Of course the must be a shill amongst us.. Anyone that thinks this doesn't have financial implications has an IQ huvering  around room temperature or is completely and criminally disingenuous.

Thu, 08/19/2010 - 18:50 | 531625 MsCreant
MsCreant's picture

Why would the NOAA scientist lie about telling lies?

Thu, 08/19/2010 - 20:29 | 531768 Arkadaba
Arkadaba's picture

lol - very funny but sad at the same time. I think I need to re-read some Orwell. From Animal Farm: "Somehow it seemed as though the farm had grown richer without making the animals themselves any richer— except, of course, for the pigs and the dogs." 

Thu, 08/19/2010 - 20:43 | 531786 TomJoad
TomJoad's picture

He never says he lied. Markey accuses him of lying. The whole article cited is garbage. NPR did a pretty good analysis of this same story as their lead-in today. Jane Lubchenko is chief author of the report and it is NOAA's best guess, they are the ones with current access to the best and most comprehensive of the data. I had dinner with her last week. There is no conspiracy. Ian MacDonald is a quack, I have pics of him in my iPhoto folder drunk out of his mind in Port Fourchon when he was still at A&M, we drew on his face with a sharpie. Not that that proves he is full of crap, but I have been on a dozen cruises with him and NOBODY takes him seriously but Ian MacDonald.

Thu, 08/19/2010 - 18:54 | 531633 Citxmech
Citxmech's picture

Last time I checked, "natural leakage" wasn't tainted with millions of gallons of Corexit.

We also have a little issue with "volume" and "concentration."

If you think "seeing" is the acid test for safety I bet you can get some land down there real cheap and let your kids drink the water and eat the shrimp.

Just because you couldn't see the radiation it didn't mean it was safe to set up a lawn chair at Chernobyl.       

 

Thu, 08/19/2010 - 23:35 | 532094 DaveyJones
DaveyJones's picture

nice

Thu, 08/19/2010 - 19:49 | 531709 Babalooee
Babalooee's picture

the oil is sticking to finance, has stuck and will in the future. Is it my imagination the market since April seems to be riding the same waves of high and low spill news?

Thu, 08/19/2010 - 22:26 | 531993 merehuman
merehuman's picture

Some of us are more than the sum of our parts.You are merely a man. Too bad.There is still time to learn , so good luck to you.

guppy

Thu, 08/19/2010 - 18:35 | 531583 DarkMath
DarkMath's picture

"So just how many other thing are the President and his crony corrupt "scientist experts" lying about?"

Are you trying to imply we're being lied to? Forsooth Tyler, you should be ashamed of yourself.

Thu, 08/19/2010 - 22:06 | 531955 New_Meat
New_Meat's picture

duh, AGW, "financial reform", "health care," and the list goes on. - Ned

Thu, 08/19/2010 - 18:52 | 531629 Madhouse
Madhouse's picture

This remains a giant issue. Raise your hand if you have booked a vaca in the Gulf region or don't worry about what the label says when you buy seafood.... As calculated, enough oil was spilled to fill half of the Superdome. Mix with water and the volume = an environmental disaster that will plague that region for 8-10 years. When the media bought the argument that the disaster was over, it was a sickening moment. Fox News was not going to touch it as they are aligned with oil interests (war, chemicals, etc). So he thought it was a freebie. Obama continues to show that he is little different in many ways compared to Bush. Bullshit walks, Mr. President...and if you don't "get it" then you will be moving, for sure, on January 20th, 2013.

Thu, 08/19/2010 - 18:55 | 531634 Blano
Blano's picture

Despite despising Obama, I really wanted to believe most of the stuff is gone.

So, if it's not gone, where is it??  Wouldn't someone, even if it's a group of enviro-nuts, be able to find all that oil??  Somewhere???  And prove it??

Thu, 08/19/2010 - 19:05 | 531651 Citxmech
Citxmech's picture

Have you bothered to visit the sites posted above?  There's quite a few links that address precisely that issue.

Thu, 08/19/2010 - 22:26 | 531994 Blano
Blano's picture

Didn't notice 'til after my post.  Sorry.

Thu, 08/19/2010 - 19:08 | 531653 ElvisDog
ElvisDog's picture

The Gulf of Mexico is not a swimming pool. It's thousands of feet deep in many places. I.E. there is a lot of volume for the oil to be in, especially if the disperant caused it to sink.

Thu, 08/19/2010 - 19:00 | 531642 fxrxexexdxoxmx
fxrxexexdxoxmx's picture

Obama hates the people who elected him. I call for impeachment. Barrack has failed to protect the nation from corporate environmental Armageddon. He thinks Mosques are important enough to talk about. Why, why, why does he hide from the truth of GOM spill?  I

I think he likes BP money more than Green Peace money.

Money is all Barry cares about.

He is the greediest African American President this nation has ever had.

 

Thu, 08/19/2010 - 23:40 | 532100 uraniuman
uraniuman's picture

"He is the greediest African American President this nation has ever had" And I suspect the last, for a very long while. Black or white, we all deserve better leadership.

Thu, 08/19/2010 - 19:07 | 531655 Xibalba
Xibalba's picture

Not that you'd hear anything about this on the MSM in the US....

Thu, 08/19/2010 - 19:14 | 531664 mynhair
mynhair's picture

What a bunch of sensationlist bullshit.

Was GW behind it?

Moron probably lives in Canadia.

Thu, 08/19/2010 - 19:24 | 531669 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

As if the economic crisis wasn't bad enough; this biological disaster is set to wreck havoc on the Gulf for maybe decades to come, now because the oil was not collected properly, but was done how the US knows best; in cover.

Thu, 08/19/2010 - 19:25 | 531675 mynhair
mynhair's picture

Another Canadian heard from.

In SW FL.

There ain't no oil, you morons.

Thu, 08/19/2010 - 19:35 | 531690 breezer1
breezer1's picture

one of my passports is also canadian. this is the second time, (13th aug) that killer whales have been seen killing minke whales in newfoundland waters this year. killer whales are a rarety here. giant sea turtles and large sharks have also been seen here this summer. most of these species are native to the GOM. the question i have to ask is why are they here? what are they running from? they are not here for the warm water and the weather.

http://www.cbc.ca/canada/newfoundland-labrador/story/2010/08/18/nl-trinity-orcas-818.html

Thu, 08/19/2010 - 19:48 | 531703 mynhair
mynhair's picture

Where I came from, killer whales were a nuisance.  (Puget Sound)

Libs wouldn't let us kill them, so now they are spreading world-wide.

They are in your area because they've eaten everything in between.

Same with those sea lions SF is so proud of.

Moron Libs.

Thu, 08/19/2010 - 21:51 | 531907 breezer1
breezer1's picture

puget sound is full of orcas. what is happening here is very unusual. the gulf stream is bringing something to one of the most productive ecosystems on the planet. you can always eat sea lions if you are starving. i guess.

Thu, 08/19/2010 - 22:06 | 531947 MsCreant
MsCreant's picture

mynhair could be kind of tasty...here kitty, kitty, kitty...do whales eat, uh, cats?

{set and ....}

Fri, 08/20/2010 - 01:06 | 532178 Spastica Rex
Spastica Rex's picture

WHARGARBL!

 

Like Ivar said: keep clam, dude.

Thu, 08/19/2010 - 22:29 | 531999 merehuman
merehuman's picture

go back to your catbox and count the sand

Thu, 08/19/2010 - 19:24 | 531674 American Dreams
American Dreams's picture

Time to add some pigs to my farm, 20 should do.  Beware of the pig farmer as pigs get hungry they also get fed.  Mind there digestion though. 

 

there be NO shelter here

Thu, 08/19/2010 - 21:02 | 531825 ZeroPoint
ZeroPoint's picture

Pigs, goats, chickens. They eat anything and everything. Definitely good survival strategy.

 

Thu, 08/19/2010 - 19:26 | 531677 mynhair
mynhair's picture

We are all gonna die!

Obambi will see to it.

Thu, 08/19/2010 - 22:30 | 532005 merehuman
merehuman's picture

What? Without Obambi you were gonna live forever?

Thu, 08/19/2010 - 19:26 | 531679 Instant Karma
Instant Karma's picture

How dare you question the credibility of this administration! What part of "zero" don't you understand? :-)

Thu, 08/19/2010 - 19:28 | 531680 mynhair
mynhair's picture

Eggs, baby.

That's the new death threat.

Please try and keep up.

Oil spills are soooo yesterday.

Thu, 08/19/2010 - 19:35 | 531689 Chartist
Chartist's picture

Applying Sarbanes-Oxley to the administration implies that the white house signed off on all official communications concerning the oil spill.  Therefore, the president can't hide behind a cloak of plausible deniability regarding the dissemination of information.  Therefore, if he's caught lying to the American people he is guilty of a fraudulent act.....And, because BP is a foreign entity, siding with that entity, against the American people, might be considered an act of treason by some governments.

Thu, 08/19/2010 - 19:47 | 531706 MsCreant
MsCreant's picture

An act of treason is punishable how?

Maybe we need to over throw the Brits again? 

 

Thu, 08/19/2010 - 19:47 | 531707 RichardENixon
RichardENixon's picture

Which governments would consider it an act of treason?

Thu, 08/19/2010 - 22:33 | 532008 merehuman
merehuman's picture

Who would press the charges? There is no law but what serves the rich!

Thu, 08/19/2010 - 20:08 | 531741 Chartist
Chartist's picture

I knew good ole Wikepedia would help me.

Treason.....paraphrasing:

Algeria

In Algeria, treason is defined as the following:

  • attempts to change the regime or actions aimed at incitement
  • destruction of territory, sabotage to public and economic utilities
  • participation in armed bands or in insurrectionary movements
Thu, 08/19/2010 - 19:37 | 531692 The Rogue Trader
The Rogue Trader's picture

I would avoid hot tubs if were the man....

Thu, 08/19/2010 - 19:39 | 531694 DosZap
DosZap's picture

How you can tell a Politician is lying...............their alive.

We knew they were FOS...........

There are, is, LAKES of that shit on the bottom, and moving like the BLOB.......

What really peeves me, is the fact they think we are that Frkin stupid.

At least give us the credit for sense enough to know when your lying thru your teeth............

Anyone with a 6th grade education, knows that much oil goes NO WHERE, fast.

Ummmmm Ummmm Ummmm gett yore bowl of Bubba Gumps Oil saoked Shrump heah!!!

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