BP is British Petroleum by reputation only. Below is a break down of ownership as of last year.
Beneficial owners as of 31 December 2009
Percentage of shares in issue
Range of holdings Institutions Individuals Total
By principal area
UK 33 7 40
US 25 14 39
Rest of Europe 10 – 10
Rest of World 7 – 7
Miscellaneous 4 – 4
Totals 79 21 100
When you look at the real numbers, you see 25 unnamed institutions and 14 individuals in the U.S. control almost as much of the company assets as does the U.K.
I can see Obama running the stock value down by bleeding BP with endless, mismanaged restitution of which much will be misappropriated, then buying up as much stock as possible from RoE, RoW and the few miscellaneous owners with your taxpayer money. He then will put together a syndicate of U.S. holdings with the federal government as a primary stock holder and controlling entity.
With that, your energy costs “will necessarily skyrocket”. He has already virtually guaranteed that under his Crap and Tax program, he will bankrupt the coal industry. He is on his way to marginalizing and destroying every industry in the country. Once ruined with bailouts, takeovers and government controls, all products and services will be restricted, rationed and doled under heavy taxation to consumers.
This unknown man with a secret and questionable background has been in office only 18 months, just over 1/3 of his elected term, and the government now owns and controls more than 70% of the economy. They own and control 30% of the total land mass of the United States and in some areas like Nevada, the federal government owns 84.5% of the land within the state boundaries.
Of 10 Western States (Oregon, Idaho, Wyoming, Montana, Nevada, Utah, Colorado, California, Arizona and New Mexico) “We the People” own a massive 52.84% of the land yet as individuals we can only gain access to much of it by paying a fee.
We’re losing ground (double entendre intended) folks. Lincoln’s “Government of the people, by the people and for the people” is perishing from the earth. We no longer have a “more perfect union” as sought by the Constitution of the United States.
What will it take to awaken the masses; for them to open their eyes, take a new breath and want what is truly theirs: FREEDOM from tyranny? As a society, we are far too complacent, too controlled and too ignorant to realize it.