More Blowback From Obama’s “Jobs-Friendly” Moratorium
Last week, when the Obama administration put out its happy estimate that they’ve “only” killed 8,000-12,000 jobs with the offshore drilling moratorium, Louisiana’s political leaders and ordinary citizens alike boiled with resentment. The fact that the administration would look at 8,000 jobs lost in one relatively small region of the country as a result of its policies and find that to be something to boast about was deeply offensive to people who desperately want to believe the federal government isn’t out to get them, you see.
Well, as it turns out, even the 8,000 to 12,000 jobs figure looks like a lie.
LSU’s Dr. Joseph Mason, chair of the banking department at the E.J. Ourso College of Business, has analyzed the Obama administration’s numbers and released a study this week which shows that, using the administration’s own methodology, the 8,000-12,000 number is off by between 40 and 60 percent.
Mason’s study, again using the methodology the administration purports to have used, comes up with the following numbers:
“The heart of this critique is that the administration cut its estimates by a seemingly ad hoc 40 to 60 percent,” explained Mason. “The justifications given in its report are not supported by U.S. Bureau of Economic Analysis documentation. Without that methodologically unjustified cut, the Gulf starts with almost 20,000 jobs lost.”
In a conference call with reporters on the subject Tuesday, Mason also noted that even by its own admission the administration didn’t undertake any economic analysis – as required by law – before imposing its moratorium. This fact was fleshed out in a Senate committee hearing when administration official Rebecca Blank told Sen. David Vitter that no such analysis was performed.
But aren't there THREE federal court rulings ALREADY saying that the Obamatorium is illegal? SURELY our fine friends in "Law Enforcement" have already arrested the perpetrators of this crime, and permits are now being issued posthaste! I mean, just how long do you think it would take "Law Enforcement" to come after you even if you only had ONE federal court ruling against you?
This is why I thank God every time he removes another one of those fine people from office. Be sure to thank them appropriately for the OUTSTANDING job they have done for this country!
But aren't there THREE federal court rulings ALREADY saying that the Obamatorium is illegal? SURELY our fine friends in "Law Enforcement" have already arrested the perpetrators of this crime, and permits are now being issued posthaste! I mean, just how long do you think it would take "Law Enforcement" to come after you even if you only had ONE federal court ruling against you?
This is why I thank God every time he removes another one of those fine people from office. Be sure to thank them appropriately for the OUTSTANDING job they have done for this country!
REF: BP Loss of Income Claim response
Please let your news sources and congressmen know what your experience, damage and frustration is.
BP continues to run propaganda ads lying about 'making things right'. Perhaps right for themselves, but not for thousands they have hurt economically!
BP Claims were transferred to Feinberg's Gulf Coast Claims Facility on Aug 23 resulting in all claimants having to refile. This week, all claimants that I know who were adversely effected by the moratorium received letters stating "The GCCF does not handle claims for Claimants seeking damages as a result of the moratorium on off-shore drilling. To pursue your claim, you should contact: Gulf Coast Restoration and Protection Foundation". This offers people very little time to gather all the required documents for GCRPF prior to the close of the application period on September 30!
With prior knowledge of the GCRPF grants, it took me 2 weeks to get my documents in order. Also note that GCRPF is a hardship grant and not a claim and with its limitations is not likely to cover all lost income.
Additionally, GCCF again determined that our business claim was ineligible and referred the company to GCRPF which does not accept business applications. None of GCCF's reps are aware that GCRPF is for individuals only.
Over 3 months ago we submitted Lost Income Claim. Although I suspected that BP would not pay moratorium claims, they would not admit to it until this week.
We can thank BP and the Feds for destroying our careers, businesses, and income!!! They are turning thousands of tax payers into welfare recipients. Very bad fiscal and employment policies!!!
You now have thousands that expect things to be made right. We are now due a 'bailout'.
Similar messages provided to ABC, CBS, NBC, CNN & Fox.
Word I get from industry specialists is that it will be at least 12 months from now before offshore activity reaches levels seen this spring.
REF: BP Loss of Income Claim response
Please let your news sources and congressmen know what your experience, damage and frustration is.
BP continues to run propaganda ads lying about 'making things right'. Perhaps right for themselves, but not for thousands they have hurt economically!
BP Claims were transferred to Feinberg's Gulf Coast Claims Facility on Aug 23 resulting in all claimants having to refile. This week, all claimants that I know who were adversely effected by the moratorium received letters stating "The GCCF does not handle claims for Claimants seeking damages as a result of the moratorium on off-shore drilling. To pursue your claim, you should contact: Gulf Coast Restoration and Protection Foundation". This offers people very little time to gather all the required documents for GCRPF prior to the close of the application period on September 30!
With prior knowledge of the GCRPF grants, it took me 2 weeks to get my documents in order. Also note that GCRPF is a hardship grant and not a claim and with its limitations is not likely to cover all lost income.
Additionally, GCCF again determined that our business claim was ineligible and referred the company to GCRPF which does not accept business applications. None of GCCF's reps are aware that GCRPF is for individuals only.
Over 3 months ago we submitted Lost Income Claim. Although I suspected that BP would not pay moratorium claims, they would not admit to it until this week.
We can thank BP and the Feds for destroying our careers, businesses, and income!!! They are turning thousands of tax payers into welfare recipients. Very bad fiscal and employment policies!!!
You now have thousands that expect things to be made right. We are now due a 'bailout'.
Similar messages provided to ABC, CBS, NBC, CNN & Fox.
Word I get from industry specialists is that it will be at least 12 months from now before offshore activity reaches levels seen this spring.
what do you expect from an Ahole from kenya?
They just can’t seem to follow the LAW (What? There are laws WE are suppose to follow? Who made up that stupid rule?) that they expect the states to follow. It is Time for the states to re-implement Nullification. See nullifynow.com .
[...] say the actual impact of the new regulations will be triple what the administration alleges, and based on its numbers on economic impacts of the moratorium the critics seem to have more credibility than Interior does – you simply can’t impose [...]