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Old 06-26-2010, 07:03 AM
 
Location: Florida
76,971 posts, read 47,621,806 times
Reputation: 14806

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Clearly this judge's ruling was influenced by his personal investments.

Judge in oil spill case sells energy stocks - Disaster in the Gulf - msnbc.com

WASHINGTON — The Louisiana federal judge who struck down a six-month ban on deepwater oil drilling has sold many of his energy investments, a financial disclosure report released Friday reveals.

U.S. District Judge Martin Feldman's disclosure report, which covers investments for 2009, shows he owned eight energy-related investments including stock in Exxon Mobil Corp.

However, in an attachment to the report, the judge said he sold his Exxon Mobil stock this June when he was hearing the oil spill case.
In last year's disclosure report, Feldman owned up to 16 energy-related investments.

Among the assets sold was stock in Transocean, the Switzerland-based company that owned the drilling rig operated by BP that is now spewing oil into the Gulf.

 
Old 06-26-2010, 07:27 AM
 
Location: NE Ohio
30,419 posts, read 20,304,341 times
Reputation: 8958
Quote:
Originally Posted by Finn_Jarber View Post
Clearly this judge's ruling was influenced by his personal investments.

Judge in oil spill case sells energy stocks - Disaster in the Gulf - msnbc.com

WASHINGTON — The Louisiana federal judge who struck down a six-month ban on deepwater oil drilling has sold many of his energy investments, a financial disclosure report released Friday reveals.

U.S. District Judge Martin Feldman's disclosure report, which covers investments for 2009, shows he owned eight energy-related investments including stock in Exxon Mobil Corp.

However, in an attachment to the report, the judge said he sold his Exxon Mobil stock this June when he was hearing the oil spill case.
In last year's disclosure report, Feldman owned up to 16 energy-related investments.

Among the assets sold was stock in Transocean, the Switzerland-based company that owned the drilling rig operated by BP that is now spewing oil into the Gulf.
"Clearly"? I think, based on what Obama is doing, he ruled according to law. The President cannot just shut down an entire industry on a whim, putting millions of people out of work, and putting the entire nation at risk.

I believe his attempts to do this could be considered impeachable, because he is in violation of his oath of office. This is not "promoting the general welfare". That's just for starters.

As for the judge selling his stock, I believe he has every right to do as he pleases. It's his money that is at risk. Anyone else would do the same.

If you are looking for scandal, look at the White House and the current Democrat Congress. You'll find plenty there. But don't mention that.
 
Old 06-26-2010, 07:35 AM
 
Location: texas
3,135 posts, read 3,781,006 times
Reputation: 1814
Quote:
Originally Posted by Finn_Jarber View Post
Clearly this judge's ruling was influenced by his personal investments.

Judge in oil spill case sells energy stocks - Disaster in the Gulf - msnbc.com

WASHINGTON — The Louisiana federal judge who struck down a six-month ban on deepwater oil drilling has sold many of his energy investments, a financial disclosure report released Friday reveals.

U.S. District Judge Martin Feldman's disclosure report, which covers investments for 2009, shows he owned eight energy-related investments including stock in Exxon Mobil Corp.

However, in an attachment to the report, the judge said he sold his Exxon Mobil stock this June when he was hearing the oil spill case.
In last year's disclosure report, Feldman owned up to 16 energy-related investments.

Among the assets sold was stock in Transocean, the Switzerland-based company that owned the drilling rig operated by BP that is now spewing oil into the Gulf.

Sure enough, as someone else pointed out when this case first broke, there would be liberals trying dig up all the "trash" about this judge as they possibly could. Good going Anytime something goes against this POTUS, it's, "let's get some dirt on this person or that person" and make them seem less credible. Amazing.......
 
Old 06-26-2010, 07:47 AM
 
30,063 posts, read 18,663,011 times
Reputation: 20880
Quote:
Originally Posted by Finn_Jarber View Post
Clearly this judge's ruling was influenced by his personal investments.

Judge in oil spill case sells energy stocks - Disaster in the Gulf - msnbc.com

WASHINGTON — The Louisiana federal judge who struck down a six-month ban on deepwater oil drilling has sold many of his energy investments, a financial disclosure report released Friday reveals.

U.S. District Judge Martin Feldman's disclosure report, which covers investments for 2009, shows he owned eight energy-related investments including stock in Exxon Mobil Corp.

However, in an attachment to the report, the judge said he sold his Exxon Mobil stock this June when he was hearing the oil spill case.
In last year's disclosure report, Feldman owned up to 16 energy-related investments.

Among the assets sold was stock in Transocean, the Switzerland-based company that owned the drilling rig operated by BP that is now spewing oil into the Gulf.

Who cares. He saved 30,000 jobs, while Obama has lost 10 million.

Impeach Obama and put the judge in his place. He has a better track jobs track record.
 
Old 06-26-2010, 09:56 AM
 
Location: Florida
76,971 posts, read 47,621,806 times
Reputation: 14806
Quote:
Originally Posted by nononsenseguy View Post
As for the judge selling his stock, I believe he has every right to do as he pleases. It's his money that is at risk. Anyone else would do the same.
No, it is against the federal law to do what he did.

"According to federal law, federal judges are required to step aside from cases that present financial conflicts or cases in which the judge's impartiality might be questioned." 3rd UPDATE: Judge In Moratorium Case Sold Exxon Stock This Week - WSJ.com (http://online.wsj.com/article/BT-CO-20100625-712523.html - broken link)
 
Old 06-26-2010, 09:57 AM
 
Location: Florida
76,971 posts, read 47,621,806 times
Reputation: 14806
Quote:
Originally Posted by hawkeye2009 View Post
Who cares. He saved 30,000 jobs, while Obama has lost 10 million.

Impeach Obama and put the judge in his place. He has a better track jobs track record.
Yea, who cares about the law, when the portfolio is at risk...
 
Old 06-26-2010, 09:59 AM
 
Location: Florida
76,971 posts, read 47,621,806 times
Reputation: 14806
Quote:
Originally Posted by kingdomcome1 View Post
Sure enough, as someone else pointed out when this case first broke, there would be liberals trying dig up all the "trash" about this judge as they possibly could. Good going Anytime something goes against this POTUS, it's, "let's get some dirt on this person or that person" and make them seem less credible. Amazing.......
Federal Law is now considered "dirt". OK, I see the mindset here.
 
Old 06-26-2010, 10:01 AM
 
Location: Florida
76,971 posts, read 47,621,806 times
Reputation: 14806
So everyone thinks it is a bad idea to inspect the other rigs to make sure there is no repetition of the BP oil disaster? What are you going to say if another rig goes down in the same fashion? Who would you blame? Would you blame the judge, or Obama? Think about it!! Has anyone ever heard of 'due diligence'?

I don't get it. Sometimes I just wonder what people are thinking...... They complain to no end about this disaster, and at the same time they beg for another one.
 
Old 06-26-2010, 10:06 AM
 
19,226 posts, read 15,319,728 times
Reputation: 2337
Quote:
Originally Posted by nononsenseguy View Post
As for the judge selling his stock, I believe he has every right to do as he pleases. It's his money that is at risk. Anyone else would do the same.
Thanks!

Finally, someone has come out and said it - a conflict of interest ethics violation is just human nature.

And, judges are human, too!

A good judge, in that situation, would have said, "pardon me if I recuse myself, nyuk, nyuk, nyuk".

It's only good table manners.
 
Old 06-26-2010, 10:11 AM
 
Location: Florida
76,971 posts, read 47,621,806 times
Reputation: 14806
Quote:
Originally Posted by ergohead View Post
Thanks!

Finally, someone has come out and said it - a conflict of interest ethics violation is just human nature.

And, judges are human, too!

A good judge, in that situation, would have said, "pardon me if I recuse myself, nyuk, nyuk, nyuk".

It's only good table manners.
Not only good manners but also the Federal Law.
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