The 1% Are Fracking the Rest of Us … Literally

The 1% Frack the 99%

As the Emmy-winning documentary Gasland demonstrates, hydrofracking (“fracking” for short) is polluting water all over the country.

As I noted in August, the government has also officially stated that fracking can cause earthquakes.

A fracking company in the UK admitted last week that their activity was causing earthquakes.

As the New York Daily News notes, many locals suspect fracking of causing the largest earthquake in Oklahoma in 200 years:

Scientists are puzzled by the recent seismic activity.

***

There are 181 injection wells in the Oklahoma county where most of the weekend earthquakes happened, said Matt Skinner, spokesman for the Oklahoma Corporation Commission, which oversees oil and gas production in the state and intrastate transportation pipelines.*

Of course, the good folks making money hand over fist by fracking are encouraging open and truthful debate about the risks of fracking, right?

Well, not exactly.

Actor Mark Ruffalo was put on terror watch list after he organized showings of Gasland – the Emmy-award winner – part of a trend of using national security laws to protect big companies (more).

And fracking companies are using military psychological operations techniques to discredit opponents (and see this).

In short, the 1% are fracking the rest of us.

JP Morgan and BP Are Fracking Us, Too

JP Morgan was – at the time of last year’s Gulf oil spill – the largest owner of BP.

BP is ending its clean up operations in the Gulf.

Too bad the well is still probably leaking (and see this and this).

Indeed, the BP Gulf oil spill, the financial crisis, Fukushima and other major disasters were all caused by the 1%: (1) making insane bets that nothing would blow up, and (2) cutting every possible safety measure to make more money.

And exactly like the toxic financial assets that the big banks dumped onto the national balance sheets of Greece, Italy, America and elsewhere – and ultimately the people – JP Morgan, BP and the U.S. government are dumping the cost of the Gulf disaster on the backs of the American people.

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  • http://blogdredd.blogspot.com/ Dredd

    Excellent facts, metaphor, and revelations. Keep up the good work.

 

 

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