Showing posts with label worried. Show all posts
Showing posts with label worried. Show all posts

Saturday, February 15, 2014

The Chart That Really Has The Fed Worried

The Chart That Really Has The Fed Worried
http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/02/20140214_deom_0.png


Zero Hedge
February 15, 2014


While complaining (just this morning once again) that its fiscal policy that is dragging growth, we suspect The Fed knows full well just how screwed the US is. The following chart comparing GDP growth to the elder demographic of the population offers some serious doubts that the Fed will ever be able to step away. With the Boomers retiring en masse, 65-or-overs will represent over 20% of the population within a decade and thus no economic growth. Japanization here we come… and no end to QE or the entire status quo is over.


GDP growth correlates strongly with the percent of population over 65 (with Greece, depression and Japan, hyper-QE the stand-outs)


The Chart That Really Has The Fed Worried 20140214 deom 0


It doesn’t look good for the US…


The Chart That Really Has The Fed Worried 20140214 deom1 0


You can’t print more young people to change this percentage… so they’ll have to keep printing money to prop up asset markets to maintain the bumpy illusion of growth.


This article was posted: Saturday, February 15, 2014 at 9:55 am









Prison Planet.com




Read more about The Chart That Really Has The Fed Worried and other interesting subjects concerning NSA at TheDailyNewsReport.com

Monday, February 10, 2014

Kenneth Bae worried about his health in North Korean camp


Kenneth Bae


Kenneth Bae’s continued imprisonment has sparked a diplomatic stalemate





  • Kenneth Bae says he will probably end up back in the hospital

  • He makes the comments in a conversation with a Swedish diplomat

  • North Korea has held Bae, a Korean-American, since November 2012

  • Pyongyang has canceled an invitation to a U.S. envoy to visit and discuss the case



(CNN) — Kenneth Bae, a Korean-American being held in North Korea, says he is worried about his health after authorities moved him back into a labor camp following a stay in a hospital.


“I know if I continue for the next several months here, I will probably be sent back to the hospital again,” Bae says in a video of a conversation with a Swedish diplomat recorded Friday.


Footage of the conversation in the labor camp was released by Chosun Sinbo, a pro-North Korean newspaper based in Japan that has been given access to Bae in the past.


Wearing a gray jacket with the prisoner number “103″ marked on it, Bae tells the Swedish diplomat, Cecilia Anderberg, that he thinks he’s already lost as much as 10 pounds in weight since he was transferred back to the camp a few weeks ago.


He expresses hope that North Korea will allow a U.S. envoy to visit for talks about his case.


But those hopes were dashed over the weekend.


A State Department official said Sunday that North Korea had rescinded its invitation to the envoy, Ambassador Robert King, without giving a reason.


Bae, of Lynwood, Washington, was arrested in November 2012 in Rason, along North Korea’s northeastern coast. Pyongyang sentenced him last year to 15 years of hard labor, accusing him of planning to bring down the government through religious activities.


He is widely reported to have been carrying out Christian missionary work in North Korea.


Bae, 45, operated a China-based company specializing in tours of North Korea, according to his family, who have described him as a devout Christian.


CNN’s Tim Schwarz contributed to this report.




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Kenneth Bae worried about his health in North Korean camp

Monday, January 20, 2014

Family of man held in NKorea worried, encouraged








American missionary Kenneth Bae speaks to reporters at Pyongyang Friendship Hospital in Pyongyang Monday, Jan. 20, 2014. Bae, 45, who has been jailed in North Korea for more than a year, appealed for the U.S. to do its best to secure his release. (AP Photo/Kim Kwang Hyon)





American missionary Kenneth Bae speaks to reporters at Pyongyang Friendship Hospital in Pyongyang Monday, Jan. 20, 2014. Bae, 45, who has been jailed in North Korea for more than a year, appealed for the U.S. to do its best to secure his release. (AP Photo/Kim Kwang Hyon)





Derek Sciba, a family friend of Washington state’s Kenneth Bae, held for more than a year in North Korea, sits in an office in Seattle on Monday, Jan. 20, 2014. “Our end goal is to see Kenneth reunited so he can recover emotionally and physically. He has chronic health problems,” Sciba said. (AP Photo/Donna Blankinship)





American missionary Kenneth Bae, right, leaves after speaking to reporters at Pyongyang Friendship Hospital in Pyongyang Monday, Jan. 20, 2014. Bae, 45, who has been jailed in North Korea for more than a year, appealed for the U.S. to do its best to secure his release. (AP Photo/Kim Kwang Hyon)





Derek Sciba, a family friend of Washington state’s Kenneth Bae, held for more than a year in North Korea, sits in an office in Seattle on Monday, Jan. 20, 2014. “Our end goal is to see Kenneth reunited so he can recover emotionally and physically. He has chronic health problems,” Sciba said. (AP Photo/Donna Blankinship)





American missionary Kenneth Bae, second from right, arrives to speak to reporters at Pyongyang Friendship Hospital in Pyongyang Monday, Jan. 20, 2014. Bae, 45, who has been jailed in North Korea for more than a year, appealed for the U.S. to do its best to secure his release. (AP Photo/Kim Kwang Hyon)













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SEATTLE (AP) — The family of an American missionary held more than a year in North Korea was heartbroken and encouraged by a brief news conference in which Kenneth Bae, wearing a gray cap and inmate’s uniform with the number 103 on his chest, apologized and said he committed anti-government acts.


“Our end goal is to see Kenneth reunited so he can recover emotionally and physically. He has chronic health problems,” family friend Derek Sciba told The Associated Press. Sciba is a friend of Bae’s sister, Terri Chung of Edmonds, and part of a group pushing for Bae’s release.


“On the one hand it’s heartbreaking to see him in a prison uniform at the mercy of folks in North Korea, but on the other hand it’s encouraging to see him and that he’s able to speak,” Sciba said.


Bae made the comments at what he called a press conference held at his own request. He was under guard during the appearance. It is not unusual for prisoners in North Korea to say after their release that they spoke in similar situations under duress.


Bae spoke in Korean during the brief appearance, which was attended by The Associated Press and several other members of the foreign media in Pyongyang.


Bae, the longest-serving American detainee in North Korea in recent years, expressed hope that the U.S. government will do its best to win his release. He said he had not been treated badly in confinement.


“I believe that my problem can be solved by close cooperation and agreement between the American government and the government of this country,” he said.


Bae was arrested in November 2012 while leading a tour group and accused of crimes against the state before being sentenced to 15 years of hard labor. He was moved to a hospital last summer in poor health.


He made an apology Monday and said he had committed anti-government acts.


Bae said a comment last month by U.S. Vice President Joe Biden had made his situation more difficult.


“The vice president of United States said that I was detained here without any reason,” Bae said. “And even my younger sister recently told the press that I had not committed any crime and I know that the media reported it.


“I think these comments infuriated the people here enormously. And for this reason, I am in a difficult situation now. As a result, although I was in medical treatment in the hospital for five months until now, it seems I should return to prison. And moreover there is greater difficulty in discussions about my amnesty.”


Bae’s appearance came weeks after North Korea freed an elderly American veteran of the Korean War who had been held for weeks for alleged crimes during the 1950-53 conflict.


State media said 85-year-old Merrill Newman was released because he apologized for his wrongdoing and that authorities also considered his age and medical condition. Newman said after his release that a videotaped confession was made under duress.


In Washington, State Department spokeswoman Jen Psaki said the U.S. government was continuing to work with the Swedish Embassy to secure Bae’s release.


“As we have said before, we remain very concerned about Kenneth Bae’s health,” Psaki said Saturday. “We continue to urge the DPRK authorities to grant Bae amnesty and immediate release.”


North Korea has detained at least seven Americans since 2009. They were eventually deported or released without serving out their terms, some after prominent Americans such as former presidents Bill Clinton and Jimmy Carter traveled to Pyongyang.


A senior U.S. envoy had planned to visit North Korea in late August to discuss Bae’s release, but Pyongyang withdrew its invitation at the last minute, accusing the United States of hostility. Analysts said North Korea was apparently trying to gain leverage in a long-running international standoff over its nuclear weapons program.


“We shouldn’t take Kenneth Bae’s comments merely as his own,” said Kim Jin Moo, a North Korea expert at the South Korean state-run Korea Institute for Defense Analyses in Seoul. “The reason why North Korea had Kenneth Bae make this statement … is that they want Washington to reach out to them.”


Other foreign analysts say North Korea wants better ties with Seoul and Washington as a way to win foreign aid and investment to boost its economy.


Bae’s detention was in the news earlier this month after former basketball star Dennis Rodman traveled to Pyongyang with other retired NBA players for an exhibition game marking the birthday of North Korean leader Kim Jong Un. In an interview with CNN while in Pyongyang, Rodman made comments implying Bae was at fault.


Rodman, who has been criticized for not using his ties with Kim to help secure Bae’s freedom, later apologized.


Bae was born in South Korea and immigrated to the United States in 1985 with his parents and sister. He was allowed to call home on Dec. 29 because of the holidays, according to his sister. That was the first time his three children from an earlier marriage had spoken to him, she said. He has two children in Arizona and another in Hawaii, ages 17, 22 and 23, Chung said.


Sciba, who works with the Seattle-based Christian relief and development agency World Concern, said “Ken is a good man. He has only the best of intentions for others….We’re asking for mercy from North Korean officials.”


___


Associated Press writer Hyung-jin Kim in Seoul, South Korea, contributed to this report.


Associated Press




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Family of man held in NKorea worried, encouraged

Thursday, November 28, 2013

CNN: Insurers Worried People Will Pay For Obamacare But Not Get Insurance


JIM ACOSTA: And while the administration works to improve the Obamacare Web site on the front end, insurers are worried about problems on the back end. Our Investigative Correspondent Chris Frates is digging into that story. So, Chris, explain that difference between how it’s working on the front end or may work on the front end but not on the back end.


CHRIS FRATES, CNN INVESTIGATIVE CORRESPONDENT: Well, right, Jim. What insurers are worried about is this idea that once the Web site’s working and people can actually go on and sign up, that their personal data won’t get transmitted correctly to insurance companies. Insurance companies need that data to enroll people. And when I talked to officials in the insurance industry, they’re telling me that that information that’s coming across, it’s inaccurate, it’s duplicative and, in some cases, they’re not getting it at all.


ACOSTA: OK, that sounds like a major problem to me. Does that mean that people who thought they were insured when they sign up actually don’t have coverage?


FRATES: Well, that’s the concern. And the insurers need this information. They need good data to make sure that people get enrolled. They need to know where people live. They need to know who their dependents are. And without this information, there’s big trouble brewing. And insurers are worried that the worst case scenario here is somebody goes to the Web site, they click sign up, they think they have insurance but the insurers never got that information so that when they go to the doctor, they’re not actually enrolled in a plan. And it’s a little bit like going to Amazon, hitting the buy button and then not having Amazon send that information to the warehouse and then you never receive your product.


ACOSTA: That’s a big — that’s a big problem to say the least. So, how do insurers know they aren’t getting the information? Have they been testing it out?


FRATES: Well, you know, I asked that same question. How do you prove a negative? How do you know you’re not getting that information? And what insurers tell me is two ways. One, they’re receiving calls from people who think they signed up and are asking, where’s my insurance card? Or I haven’t received my policy number yet and realizing that they, in fact, have no information for that person who is trying to get insurance through them. The other way is that insurance companies are testing the system. They’re sending John Doe records through the system and trying to track if they come out in the back end. And some folks aren’t receiving those records and that’s how they know that they still have a problem here.


ACOSTA: That’s incredible. Now, when you go to the White House with this, how are they responding? Are they saying — are they acknowledging it? Are they saying they’re going to fix it?


FRATES: They are acknowledging it and they’re saying that they are working on this and they want to reiterate that everybody who signs up by December 23rd and pays the premium by December 31st will have coverage. They emphasize that when you get to the end of the process, you’ll see a big orange screen that says you still need to pay for your insurance in order to be enrolled.


And once they see that orange screen, they should be contacted by an insurer that they chose to — for their coverage. If they’re not contacted by that insurer, officials are telling me the customers and the consumers need to call their insurers and get in touch with insurance companies to make sure that their information was transmitted and that they will, in fact, be able to pay and get covered by January 1st.




RealClearPolitics Video Log



CNN: Insurers Worried People Will Pay For Obamacare But Not Get Insurance

Wednesday, May 29, 2013

Why We Should Be Very Worried About the Arctic Oil Rush



Big oil companies like Shell have a proven record of negligence and a legacy of pollution in Alaska.








I don’t blog. I work all the time, weaving together components of strategy for the people on the frontlines of Alaska who are facing down Big Oil and Mining Companies, and addressing Climate Change. I am also a full time mother, so I rarely have that extra moment to blog. But today I made time, so here it is.


So Shell Oil and the Arctic, hmmm well let’s start with what Shell does and is: This company operates around the world and their Industry standard is one of pressuring governments to allow exploration of oil and gas resources in a way that maximizes profits for them at the expense of the environment and human rights, in particular those of Indigenous peoples. Here in Alaska, We’ve seen nearly every large multi-national company come into our homelands. The problem with their presence here is that these big oil companies like Shell have a proven record of negligence and a legacy of pollution in Alaska. Shell itself is encumbered with their own appalling record of Indigenous rights violations, human rights abuses and a trail of broken promises within Indigenous territories in Canada, Nigeria, and Russia. Despite their own destructive record, they expect that Americans and the Inupiat among other Alaska Indigenous coastal tribes will trust them when it comes to offshore development of the Arctic Ocean’s Beaufort and Chukchi Seas? The future of these Oceans and People are in their hands. A scary thought in itself.


First of all, the profit-at-all-cost mentality of corporations is the primary threat to Inupiat and the ecosystem that sustains their way of life. Indigenous peoples subsistence rights are intrinsic to the environment due to the intimate connection we have in relation to our physical nourishment, health, cultural practices, spirituality, and social systems. The reality is, the ecosystem, when left intact, is the greatest assurance that subsistence rights will remain intact. Therefore when there is discussion of ensuring subsistence rights in the terms of development it is an absolute contradiction.


This week members of the Native Village of Point Hope, Alaska and Athabasca Chipewyan First Nation (ACFN) attended the Royal Dutch Shell AGM to confront the Chairman and Board over Shell’s decision to pursue highly risky ‘extreme energy’ projects without adequate consultation and accommodation of Indigenous communities. Projects such as Arctic offshore drilling and tar sands will have little long-term benefit for the company, and expose it to reputational damage, political and financial risk, including litigation.


Resisting Environmental Destruction on Indigenous Lands (REDOIL) sent Mae Hank, Inupiat from Point Hope Alaska to be our representative at the Shell AGM to address the Chairman, Board and Shareholders on behalf of her community. We wanted to show Shell that their risky Alaska offshore plans for the Beaufort and Chukchi Seas impact Indigenous Peoples, the Inupiat of Alaska directly and all Indigenous coastal communities down the western coastline of Alaska indirectly. Sending Mae was a tactic to put a human face to their drilling projects. We felt that they needed a reality check, to be confronted with the human element, not just a financial statistic of their endeavours. They also need to realize that there is a large majority of Inupiat that oppose Shell’s offshore plans and they should not buy the company line “Inupiat support offshore development” Shell lies.


Shell must understand the Beaufort and Chukchi Seas of the Arctic Ocean are critical to the Indigenous people of Alaska’s Arctic Slope, the Inupiat and their subsistence way of life, which is interdependent with the marine ecosystem of the Arctic Oceans. The Beaufort and Chukchi Seas provide critical habitat for the endangered bowhead whale, beluga whales, gray whales, walruses, seals and polar bears as well as staging and molting areas for migratory birds among them threatened spectacled and Steller’s eiders. The Inupiat call the ocean their garden. It provides for all their physical, spiritual, cultural and social needs. The relationship of the people to the ocean runs deep.


Since 2007, Royal Dutch Shell has been trying to rush through risky exploration drilling proposals for the Beaufort, and Chukchi seas of the Arctic Ocean in Alaska. Litigation, has helped slow this rush to drill there, along with several other events. This year on Feb. 27, 2013 Royal Dutch Shell announced that it has suspended plans for oil drilling in the Arctic Ocean for 2013 due to a year of mishaps. Crazy mishaps, almost like a running cartoon…Last summer a massive sheet of ice halted their drilling program, and their oil spill containment dome — to cap a blowout in an emergency in Arctic operations — failed miserably in tests. The dome “breached like a whale” after malfunctioning, and then sank 120 feet. When they recovered the 20-foot-tall containment dome, it had “crushed like a beer can” under pressure, this year the Kulluk drill rig ran aground on New Year’s Eve, and the Noble Discoverer drill ship is the subject of a criminal investigation over safety and pollution-related violations among other events. Umm yeah, they are “Arctic Ready” aha sure.


In spite of the inundation of substantial problems throughout and after the drilling season, Shell plans to continue it’s efforts for exploratory drilling in 2014 in the Chukchi and Beaufort Seas. The massive drilling plans project an estimated 174 exploratory and extraction wells within critical habitats of culturally sensitive marine mammals. Shell Oil and associated agencies lack huge gaps of information of the harsh conditions, current and tidal systems, ever changing and unpredictable ice, and dangers of the Arctic Ocean; in turn, which could potentially lead to a very large oil spill. An oil spill in the remote Arctic ecosystem would be devastating – currently, there is no effective way to clean up an oil spill in Arctic conditions, and there is a lack of infrastructure in the region to support an adequately safe drilling or cleanup program.


The company has spent $ 4.5bn securing permits to drill in Arctic waters, however they have been proven incapable of operating here. Shell’s experiences should serve as a reality check as decisions are made about whether to authorize these activities in the future. This is why we sent Mae Hank to the Shell AGM, to assert that Shell should not move forward with Arctic Drilling! After the Shell AGM, Mae spoke eloquently about the experience:


“Shell has stated that despite their current ‘pause’ in their Arctic offshore Alaska activities, the company is committed to drill there again in the future,” she said. “As an Inupiat Mother and Grandmother, I strongly oppose this plan, as do a majority of Inupiat. There is still no viable spill plan in place not only for cleaning up spills but how the company will compensate our community for the loss of food and food security. I asked the Chairman and the Board to explain how they would compensate our community’s food security and needs when the next major oil spill disaster happens. The Chairman and the board simply danced around the question and did nothing to quell my concerns.”


In this author’s humble opinion, when it comes to offshore drilling in Alaska the risks outweigh the benefits in this case, and there is absolutely no way that shell can operate safely in the Arctic environment under the cover of darkness, severe cold weather, perilous storms and broken ice conditions. When we take a look at the ridiculous mishaps that occurred with their Arctic Activity last year, this is very clear. To date there is still no viable spill plan in place. If drilling offshore in the Beaufort and Chukchi seas resumes we could be left with another spill like the deepwater horizon spill in the Gulf of Mexico and the destruction of one of our planet’s most vital ecosystems.


 

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Why We Should Be Very Worried About the Arctic Oil Rush

Why We Should Be Very Worried About the Arctic Oil Rush



Big oil companies like Shell have a proven record of negligence and a legacy of pollution in Alaska.








I don’t blog. I work all the time, weaving together components of strategy for the people on the frontlines of Alaska who are facing down Big Oil and Mining Companies, and addressing Climate Change. I am also a full time mother, so I rarely have that extra moment to blog. But today I made time, so here it is.


So Shell Oil and the Arctic, hmmm well let’s start with what Shell does and is: This company operates around the world and their Industry standard is one of pressuring governments to allow exploration of oil and gas resources in a way that maximizes profits for them at the expense of the environment and human rights, in particular those of Indigenous peoples. Here in Alaska, We’ve seen nearly every large multi-national company come into our homelands. The problem with their presence here is that these big oil companies like Shell have a proven record of negligence and a legacy of pollution in Alaska. Shell itself is encumbered with their own appalling record of Indigenous rights violations, human rights abuses and a trail of broken promises within Indigenous territories in Canada, Nigeria, and Russia. Despite their own destructive record, they expect that Americans and the Inupiat among other Alaska Indigenous coastal tribes will trust them when it comes to offshore development of the Arctic Ocean’s Beaufort and Chukchi Seas? The future of these Oceans and People are in their hands. A scary thought in itself.


First of all, the profit-at-all-cost mentality of corporations is the primary threat to Inupiat and the ecosystem that sustains their way of life. Indigenous peoples subsistence rights are intrinsic to the environment due to the intimate connection we have in relation to our physical nourishment, health, cultural practices, spirituality, and social systems. The reality is, the ecosystem, when left intact, is the greatest assurance that subsistence rights will remain intact. Therefore when there is discussion of ensuring subsistence rights in the terms of development it is an absolute contradiction.


This week members of the Native Village of Point Hope, Alaska and Athabasca Chipewyan First Nation (ACFN) attended the Royal Dutch Shell AGM to confront the Chairman and Board over Shell’s decision to pursue highly risky ‘extreme energy’ projects without adequate consultation and accommodation of Indigenous communities. Projects such as Arctic offshore drilling and tar sands will have little long-term benefit for the company, and expose it to reputational damage, political and financial risk, including litigation.


Resisting Environmental Destruction on Indigenous Lands (REDOIL) sent Mae Hank, Inupiat from Point Hope Alaska to be our representative at the Shell AGM to address the Chairman, Board and Shareholders on behalf of her community. We wanted to show Shell that their risky Alaska offshore plans for the Beaufort and Chukchi Seas impact Indigenous Peoples, the Inupiat of Alaska directly and all Indigenous coastal communities down the western coastline of Alaska indirectly. Sending Mae was a tactic to put a human face to their drilling projects. We felt that they needed a reality check, to be confronted with the human element, not just a financial statistic of their endeavours. They also need to realize that there is a large majority of Inupiat that oppose Shell’s offshore plans and they should not buy the company line “Inupiat support offshore development” Shell lies.


Shell must understand the Beaufort and Chukchi Seas of the Arctic Ocean are critical to the Indigenous people of Alaska’s Arctic Slope, the Inupiat and their subsistence way of life, which is interdependent with the marine ecosystem of the Arctic Oceans. The Beaufort and Chukchi Seas provide critical habitat for the endangered bowhead whale, beluga whales, gray whales, walruses, seals and polar bears as well as staging and molting areas for migratory birds among them threatened spectacled and Steller’s eiders. The Inupiat call the ocean their garden. It provides for all their physical, spiritual, cultural and social needs. The relationship of the people to the ocean runs deep.


Since 2007, Royal Dutch Shell has been trying to rush through risky exploration drilling proposals for the Beaufort, and Chukchi seas of the Arctic Ocean in Alaska. Litigation, has helped slow this rush to drill there, along with several other events. This year on Feb. 27, 2013 Royal Dutch Shell announced that it has suspended plans for oil drilling in the Arctic Ocean for 2013 due to a year of mishaps. Crazy mishaps, almost like a running cartoon…Last summer a massive sheet of ice halted their drilling program, and their oil spill containment dome — to cap a blowout in an emergency in Arctic operations — failed miserably in tests. The dome “breached like a whale” after malfunctioning, and then sank 120 feet. When they recovered the 20-foot-tall containment dome, it had “crushed like a beer can” under pressure, this year the Kulluk drill rig ran aground on New Year’s Eve, and the Noble Discoverer drill ship is the subject of a criminal investigation over safety and pollution-related violations among other events. Umm yeah, they are “Arctic Ready” aha sure.


In spite of the inundation of substantial problems throughout and after the drilling season, Shell plans to continue it’s efforts for exploratory drilling in 2014 in the Chukchi and Beaufort Seas. The massive drilling plans project an estimated 174 exploratory and extraction wells within critical habitats of culturally sensitive marine mammals. Shell Oil and associated agencies lack huge gaps of information of the harsh conditions, current and tidal systems, ever changing and unpredictable ice, and dangers of the Arctic Ocean; in turn, which could potentially lead to a very large oil spill. An oil spill in the remote Arctic ecosystem would be devastating – currently, there is no effective way to clean up an oil spill in Arctic conditions, and there is a lack of infrastructure in the region to support an adequately safe drilling or cleanup program.


The company has spent $ 4.5bn securing permits to drill in Arctic waters, however they have been proven incapable of operating here. Shell’s experiences should serve as a reality check as decisions are made about whether to authorize these activities in the future. This is why we sent Mae Hank to the Shell AGM, to assert that Shell should not move forward with Arctic Drilling! After the Shell AGM, Mae spoke eloquently about the experience:


“Shell has stated that despite their current ‘pause’ in their Arctic offshore Alaska activities, the company is committed to drill there again in the future,” she said. “As an Inupiat Mother and Grandmother, I strongly oppose this plan, as do a majority of Inupiat. There is still no viable spill plan in place not only for cleaning up spills but how the company will compensate our community for the loss of food and food security. I asked the Chairman and the Board to explain how they would compensate our community’s food security and needs when the next major oil spill disaster happens. The Chairman and the board simply danced around the question and did nothing to quell my concerns.”


In this author’s humble opinion, when it comes to offshore drilling in Alaska the risks outweigh the benefits in this case, and there is absolutely no way that shell can operate safely in the Arctic environment under the cover of darkness, severe cold weather, perilous storms and broken ice conditions. When we take a look at the ridiculous mishaps that occurred with their Arctic Activity last year, this is very clear. To date there is still no viable spill plan in place. If drilling offshore in the Beaufort and Chukchi seas resumes we could be left with another spill like the deepwater horizon spill in the Gulf of Mexico and the destruction of one of our planet’s most vital ecosystems.


 

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Why We Should Be Very Worried About the Arctic Oil Rush