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Obama exhibited colossal managerial negligence in refusing to communicate directly with BP leadership for almost two months. Then, when this negligence was publicized, Obama opened communications and extorted the arbitrary sum of $20 billion dollars to cover liabilities. Twenty billion dollars, without full knowledge of all the facts, , under the control of one of Obama’s Czars just looks like a slush fund.

How did they arrive at $20 billion without the benefit of a full investigation of the causes and without a final solution for the problem? The buzz is Joe Biden was tapped as the point man----and told BP---"you give us $20B or we'll take it from you." He is the person to watch like a hawk when there's $20B floating around. Keep in mind Obama put Biden in charge of the $2 trillion stimulus pkg and that millions in stimulus is being hidden in the states for endangered Dems (then wire-transferred offshore?)

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Offshore fraudster had links to fund run by relatives of Biden 本科
Reuters on Yahoo.com | 2/23/09 | BY Ajay Kamalakaran
EXCERPT --- A fund of hedge funds run by two members of VP Joe Biden's family was marketed exclusively by firms controlled by Texas financier Allen Stanford, charged by regulators with an $8 billion fraud, the Wall Street Journal said.

The $50 million fund was jointly branded between the Bidens' Paradigm Global Advisors LLC and a Stanford Financial Group entity, and was known as the Paradigm Stanford Capital Management Core Alternative Fund, the paper said.

Stanford-related companies marketed the fund to investors and also invested about $2.7 million of their own money in the fund, the paper said, citing a lawyer for Paradigm.

Paradigm Global Advisors is owned through a holding company by the vice president's son, Hunter, and Joe Biden's brother, James, according to the paper. Paradigm's attorney, Marc LoPresti, who represents Hunter Biden and James Biden, as well as Paradigm, told the paper he did not know which Stanford entity invested the roughly $2.7 million. He told the paper the Bidens never met or communicated with Stanford.

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Meeting with BP executives in the Roosevelt Room, in this handout taken and released June 16.

(L-R): BP CEO Tony Hayward, BP Chairman Carl-Henric Svanberg, BP General Counsel
Rupert Bondy, BP Managing Director Robert Dudley, Senior Obama Advisor Valerie Jarrett,
Labor Secy Hilda Solis, Attorney General Eric Holder, Biden, Obama and Homeland Security
Secretary Janet Napolitano. Rahm Emanuel also attended.

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