Corporations

The U.S. Chamber of Commerce has launched what it is calling a virtual march on Washington to oppose financial reforms being considered by Congress this week. With relatively few actual Americans willing to take their summer vacation in D.C. to march in favor of the Big Banks whose gambling broke the economy and whose practices have pillaged the financial security of working people, the Chamber has resorted to urging "avatars," or computer representations of people, to march on the virtual capital of the U.S. This so-called march seems a fitting symbol of the emptiness of the whole gambit by the Chamber. With Wall Street lobbyists swarming the capitol and Wall Street spending millions of dollars to thwart the reforms most needed and wanted by actual American people, the Chamber has had to manufacture a people's protest against the reforms, but sans real people. Apparently, they could not even enlist their buddies orchestrating the Tea Party, like former Congressman Dick Armey, or their cashroots allies in astroturf over at the Orwellian-named FreedomWorks, to cajole or even hire stand-in protesters to come to the National Mall to take up pitchforks against financial reforms. But lest all this computer gamesmanship be in vain, the Chamber is taking steps to ensure that Members of Congress know how many of the avatars are their purported constituents -- residents who love the Big Banks enough to send the very best: their idealized computer images.

On June 15, the CEOs of ExxonMobil, ConocoPhillips, Shell, Chevron and BP were grilled by the House Subcommittee on Energy and Natural Resources. Unsurprisingly, much of what they said was spin. They paraded industry investments in alternative energy and safety that make up a vanishingly small percentage of their balance sheets. BP's competitors claimed again and again that they would never have made the catastrophic mistakes that led to the collapse of the Deepwater Horizon. But the hearing's scariest moment came when Exxon CEO Rex Tillerson told the truth. Tillerson stated that when oil spills occur "there will be impacts." According to ExxonMobil, the cleanup effort launched by BP represents the best efforts of the oil companies. For the oil companies, this travesty is the cutting edge of safety and environmental protection.

BP CEO Tony Hayward has gone from being a little known CEO to a household name made infamous by the Deepwater Horizon disaster that has led to 70,000 to 90,000 barrels of oil, according to a new analysis, pouring into the Gulf daily, for over a month. At 42 gallons per barrel, that's an astonishing 2.94 to 3.78 million gallons of oil pouring into the Gulf every day. Ever since the incident, Hayward has provided the public with a goldmine of quotes and misleading information. Possibly the most famous instance of poor propriety was when Hayward, while apologizing to the people of Louisiana, told them "I would like my life back", a comment that sounded particularly insensitive after the Gulf catastrophe claimed 11 lives in the Deepwater Horizon explosion. Further casualties now include nearly 500 birds, 227 turtles, and 27 mammals, including dolphins. Hayward's poorly-conceived statements do not stop there; he also famously said, "The Gulf of Mexico is a very big ocean. The amount of volume of oil and dispersant we are putting into it is tiny in relation to the total water volume."