http://online.wsj.com/article/SB10000872396390443713704577603281330597966.html
forget the thesis: the democrats have no principles, do many things, say
others -- all that matters is you control the jewels. focus on these bits:
"White House officials said they didn't choose Carlyle but were told by
Sunoco that Carlyle was the only viable bidder."
(the obama administration relied on the advice of an oil company, LOL) ...
"The EIA warnings, along with a broader reduction of refinery capacity in
the region, set "alarm bells" ringing inside the White House, an
administration official said. Aides concluded gas prices could rise 20
cents to 30 cents a gallon in parts of the Northeast."
(deal driven by POTENTIAL for high gas prices in the northeast in an
election year) ...
"Eventually, Sunoco and Carlyle agreed to explore a joint venture, with
Carlyle paying nothing for a majority stake but contributing cash for an
upgrade."
(FREE EQUITY for politically connected private equity firm) ...
"A key issue Carlyle identified was a 2005 consent decree with the
Environmental Protection Agency under which Sunoco agreed to limit
emissions at its refineries. Carlyle wanted to work on the refinery
without triggering costly environmental reviews.
The White House referred the issue to the EPA, which along with state and
local environmental officials agreed to modify the decree, allowing
Carlyle to transfer emissions credits from the Marcus Hook refinery, in
effect giving the Philadelphia refinery greater leeway to pollute."
(to secure the "deal" [reminder: the deal is free equity stake in refiner
that controls gas supplies to the northeast], the administration freed
them from complying with environmental regulations -- ones they believe
deeply in LOL -- and GAVE them valuable emissions credits to cash in on.)
why would anybody (who doesn't hate negroes) want that damn mormon running
the government?
mo_ntresor