Theos-Talk Archives (May 2008 Message tt00702)

Hi All, 

Still beating dead horses? 

Why don't you do something more constructive like solve the "Oil Greed" problem in America, and help along alternative energy sources. Seems much more worth while. All that has happened with T.S. elections is that there are a few bruised egos. Read pasted article and go to link, there are people who are suffering, and I suppose folks on fixed incomes unable to attend T.S. meetings. Greed overseas in America is rampant. 

CM and CP (Concerned Person)

Oil execs defend huge profits before Senate
?Laws of supply and demand are at work,? Shell chairman explains
http://www.msnbc.msn.com/id/24757944
 
WASHINGTON - Top executives of the five largest oil
companies tried to shift anger over high prices to a debate over supplies
Wednesday, leading a senator to accuse them of acting like ?hapless victims?
while racking up record profits.
Patrick Leahy, D-Vt., told the
executives there?s ?a disconnect? between normal supply and demand and the
skyrocketing price of oil ? surpassing $130 a barrel even as the oil leaders
testified ? that the industry has yet to explain.
J. Stephen Simon, executive vice
president of Exxon Mobil Corp., said profits have been huge ?in absolute terms?
but must be viewed in the context of the massive scale of the industry.? He
also said high earnings are needed ?in the current up cycle? to pay for
investments in the long term when profits will be down.
??Current up cycle,? that?s a nice term,? replied Leahy
with sarcasm, ?when people can?t afford to go to work? because gasoline is
costing close to $4 a gallon.
He asked Simon what his total
compensation was at Exxon, a company that made $40 billion last year. Simon
replied it was $12.5 million annually.
Two other executives, John Lowe,
executive vice president of ConocoPhillips Co., said he didn?t recall his total
compensations as did Peter Robertson, vice chairman of Chevron Corp. John
Hofmeister, president of Shell Oil Co., said his was ?about $2.2 million? but
was not among the top five salaries at his company?s international parent.
Robert Malone, chairman of BP America Inc., put his compensation at ?in excess
of $2 million.?
Sen. Arlen Specter, R-Pa.., said
Exxon?s annual profits increased from $11.5 billion to $40.6 billion in the
past five years and there was no explanation for ?why profits have gone up so
high when the consumer is suffering so much.?
The five companies earned $36
billion in the first quarter of this year.
The executives, appearing under
oath before the Senate Judiciary Committee, said they know high prices are
hurting people, but they said the cause is not company profits but global
supply and demand. And they sought to use their appearance before Congress to
argue against new taxes on their industry
?I urge you to resist these
punitive policies,? said Hofmeister.
Senate Democrats recently announced
an energy package that would tax ?windfall? profits of the five companies. That
might have public appeal, Lowe told the senators, but oil companies should not
be viewed as ?a scapegoat? for high prices.
That was not what many senators
wanted to hear.
You have ?just a litany of
complaints that you?re all just hapless victims of a system,? Sen. Dianne
Feinstein, D-Calif., told the executives. ?Yet you rack up record profits ...
quarter after quarter after quarter.?
?I?m sorry to sound like a
victim. I don?t feel like a victim at all,? replied Robertson of Chevron,
saying that he was proud of his company?s investments in future supply.
 
  
 
  Crude oil rises above $133 for first time
As gas rises, so does cost of small used cars 
Sen. Richard Durbin, D-Ill,
accused the corporate executives of ignoring the plight of people suffering
because of high energy prices. ?Where is your corporate conscience?? he asked
them.
?The issue is simple,? said
Leahy. ?People we represent are hurting, the companies you represent are
profiting.?
 
  
The Oil Reserve 8
Times Bigger 
than Saudi Arabia's
While
oil demand grows higher by the day, supplies are in a constant state of flux?
The
Middle East?s tinder is constantly catching fire, and the other major crude oil
players are either unfriendly (like Venezuela and Nigeria) or simply running
out of oil (like Mexico and the North Sea region).  
But
Alberta, Canada?s oil sands, once too costly to process at a profit, have
suddenly become a veritable black gold mine. Now?
·         The cost of refining crude oil from tar sands has dropped from
$29.63 a barrel to $13.21 ? and continues to fall as oil production ramps up.
·         Canada?s sands contain up to 2.5 trillion barrels of oil ?
more than the reserves of every OPEC country combined.
	* With the razor-thin gap between supply and demand ? and the volatility of producing nations not priced in ? oil?s price is currently undervalued at $90+ a barrel.
Our
free report highlights the premier crude oil sands producer, where profits are
roaring. To have the report emailed to you, simply sign up below to the Investment Ue-letter, edited by Alex Green,
where we publish our research three times a week. Your free report will arrive
in your inbox within 10 minutes.
 


----- Original Message ----
From: Anand <AnandGholap@gmail.com>
To: theos-talk@yahoogroups.com
Sent: Wednesday, May 21, 2008 2:15:31 PM
Subject: Theos-World Re: Independent Inquiry into the TS Election


As I said earlier, because of my own reasons, I am not supporting or
rejecting any candidate in this election. However I am making analysis
of statements made by different people in this election. 

> Documentary evidence showed that a supporter of John Algeo, Elvira 
> Carbonell, who was working at the Secretary's Office at Adyar last 
> December, compromised and tainted the nomination process by writing 
> directly to General Council members, on 19 December 2007, to inform 
> them that John Algeo had decided to accept nominations.

This view is not right in my opinion. Anybody who is willing to accept
nominations can inform anybody at any time that he would be accepting
nominations in next election. So I don't think nomination process is
tainted due to above reason.

> 
> At least in France and in the US, voting took place under massive 
> canvassing by the respective General Secretaries who blatantly 
> favoured John Algeo as a candidate and  who depicted Radha Burnier, 
> President of the Theosophical Society, as being in a state nearing 
> mental decrepitude. 

Who told you that canvassing for a candidate is wrong in democracy ?
It is everybody's right to tell others why he supports certain
candidate in the election and why he is rejecting certain candidate.

>There is no evidence whatsoever that either 
> General Secretary distributed to the members in their Sections copies 
> of the medical certificates issued by two doctors in India attesting 
> to the President's recovery.

It is not compulsory that General Secretaries should distribute
medical certificates of Radha to members. Tell me under which rule it
is necessary.

> Voting will close in most Sections at the end of this month or, at 
> the latest, in the beginning of June. I have been approached by a 
> leading member of the American Section to help in healing the present 
> divisions within the Society. After considering her letter carefully, 
> I have come to the conclusion that the only effective healing that 
> can take place now is for the General Council of the TS or the 
> international Executive Committee to conduct an independent inquiry 
> into the election process as a whole, which includes the nomination 
> process. 

Responsibility of conducting fair election and to manage all related
things properly is chiefly of President and his/her administration.
Now, if you are saying election process is not carried out properly,
it is indirectly admitting that Radha and her administration has
failed to conduct the fair election.

Anand Gholap M.B.A.

    


      

[Non-text portions of this message have been removed]