Macondo

(US HISTORY) sector of the Gulf of Mexico seabed in which the Deepwwater Horizon was drilling. The name, assigned long before the platform was erected, is an example of dramatic irony. On 20 April 2010, the Deepwater Horizon blew out*, killing eleven crew members; over the next 12 weeks the wreckage spewed some 4 million bbls of crude oil into the ecologically sensitive region off the coast of Louisiana and Mississippi.

Properly known as the Macondo Prospect, or MC 252 (for "Mississippi Canyon"). Name comes from the fact that major rivers have large, deep underwater canyons on the ocean floor beyond their deltas. Macondo Prospect is formally owned by the Federal Bureau of Land Management (US BLM), and leased to British Petroleum by the {former} Minerals Management Service.

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* "blew out" = past tense of "blow out"; rupture of an oil well, particularly at the well head.
The name Macondo is the same name as the fictitious cursed town in the novel *One Hundred Years of Solitude* by Colombian ... writer Gabriel Garcia Marquez. Oil companies routinely assign code names to offshore prospects early in the exploration effort. This practice helps ensure secrecy during the confidential pre-sale phase, and later provides convenient names for casual reference

Wikipedia entry, "Macondo Prospect"
by Primus Intra Pares July 24, 2010
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Minerals Management Service

(US GOVERNMENT) Agency of the US Department of the Interior. The name has since been changed to "Bureau of Ocean Energy Management, Regulation and Enforcement" (BOEMRE). The laws related to minerals management in the United States are possibly the most poorly thought-out in the developed world, and were largely designed as a strategy to launder money through crooked politicians. The MMS was created manage the oceanic coastal shelf (OCS) resources, and naturally it became one of the most notorious dens of corruption seen in the entire world.

The MMS is set up so that the temptation to be sleazy is almost impossible to resist; indeed, taking bribes is practically standard operating procedure in this agency. That's because the MMS was responsible for enforcing environmental and safety regulations on things like offshore drilling platforms, and yet made its income from revenues from the lessors it was regulating.

MMS officials would actually let oil company staff fill out inspection checklists in pencil, so that MMS inspectors would then fill them out as the operators wanted.
Given Minerals Management Service pencil whipping in the Gulf prospects*, it was a miracle that Transocean was ever cited for safety violations at all.

MMS is famous for parties in which executives of oil companies went drabbing with federal managers.
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*Here, a prospect is an area where oil prospecting occurs
by Primus Intra Pares July 24, 2010
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(U.S. GOVERNMENT) successor to the investigations and processing arm of the former Immigration and Naturalization Services (INS) of the USA. In 2003, the INS was dissolved and its enforcement arm transferred to the new Immigration and Customs Enforcement (ICE). The INS had formerly been part of the Justice Department; the CIS is part of the Department of Homeland Security (DHS).

The CIS is responsible for incarcerating hundreds of thousands of people each year, mostly for petty paperwork filing errors or traffic stops.
She spent months struggling with the wretched, burned-out bureaucracy of the Citizenship and Immigration Services, wondering how anyone could enter the country legally without violating the laws of physics.
by Primus Intra Pares September 04, 2010
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(US GOVERNMENT) Cabinet level position created by the Bush Administration in 2003. One of the most costly and poorly executed reorganizations in US history, it essentially blew hundreds of billions of dollars on unrelated and pointless government projects intended to reward members of congress who sided with the president.

The DHS budget's largest line items are:

*the Customs and Border Protection (CBP)-20%;

*the Federal Emergency Management Administration (FEMA)-19%;
*the Coast Guard (USCG; formerly part of the Department of Transportation {DOT})-18%;

*the Transportation Security Administration (TSA)-12%;

*Immigration and Customs Enforcement (ICE)-10%;

*Citizenship and Immigration Services (CIS)-5%.

(Percentages are of the FY 2011 DHS Budget--$57 billion
The Department of Homeland Security was created to bring most federally-controlled law enforcement bodies into one single, union-free, whistle-blower-free, department. Riders to the Homeland Security Act cost taxpayers billions in useless programs.
by Primus Intra Pares June 17, 2010
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Second Indochina War

(HISTORY-VIETNAM, LAOS, CAMBODIA, USA) War between Communist forces native to the region and anti-Communists from several countries. Waged 1955 to 1975; ended in complete Communist victory. Probably 2.5 to 3.5 million people were killed, mostly in Vietnam, but also in Cambodia (1968-1975) and Laos (1953-1965).

US forces sent to prop up totally artificial "republic" in the south of Vietnam; helped Ngo Dinh Diem fake elections and suppress the population until he tried to cram Catholicism down throats of the Buddhist majority. Killed during coup d'etat 3 weeks before Kennedy assassinated. Military junta ran South Vietnam until it was defeated by the People's Army of Vietnam (PAVN). The US military referred to the PAVN as the North Vietnamese Army (NVA), and resistence in South Vietnam itself as "Viet Cong."

In Cambodia, war crept across the border as a result of Ho Chi Minh Trail; ruler, Norodim Sihanouk, tried to contain it through negotiation but in 1970 overthrown by a CIA coup; military junta totally useless and Khmer Communist Party formed an alliance with supporters of the monarchy (GRUNK). Named "Khmer Rouge" by Sihanouk before 1970.

In Laos, pitted Pathet Lao (Communist) against Royal Lao Army. RLA extremely poor, and Western assistance was much less than that of Communist Vietnam. Heavy US bombing there & in Cambodia.

The collapse of South Vietnam in early '75 allowed a total rout of the anti-Communist forces in Indochina.
At the time, journalists tended to speak of the Second Indochina War as three different civil wars, but in reality it was three local movements fighting a foreign occupation (and local collaborators). After the war, a third conflict erupted between Cambodia and Vietnam; the rulers of Cambodia, the Khmer Rouge, murdered an unknown but enormous number of their own people, then were crushed when they went to war with Vietnam.

Laos, tragically, remains horribly affected by huge numbers of unexploded mines.
by Primus Intra Pares July 21, 2010
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self-sufficiency standard

(ECONOMICS) an alternative metric of poverty; used instead of the poverty level by some researchers.

Developed as a superior alternative to the federal poverty level to estimate the income required for families to pay for their basic needs. Computed at the county level, the SSS takes into account the costs of food, housing, health insurance, childcare, transportation, taxes, and other basic expenses, with component values varying across more than 70 different family types. SSS wages have been calculated to date for all counties in 35 states and the District of Columbia.
Usually people are not concerned by reports of the large numbers of people living below the poverty level, because they assume it just means poor people have to tighten their belts.

The self-sufficiency standard (SSS), if explained, should change this. If a person's wages are below the SSS, then she is not only not making enough to meet her current needs, she's not making enough to preserve her ability to earn what little she has.
by Primus Intra Pares July 16, 2010
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(ECONOMICS) Bank for central banks. It takes deposits from central banks and provides financial services, including underwriting bills of exchange. It is based in Basle, Switzerland and was founded in May 1930, for the purpose of facilitating reparations payments by Germany to the Allies.

The BIS also provides a forum for international coordination of monetary policy, conducts financial research, and acts as an agent or trustee for international financial settlements. About 140 central banks and international financial institutions have deposits with the BIS. As of June 2010, currency deposits totaled approximately $303 billion dollars, or about four percent of world foreign exchange reserves.
The Bank for International Settlements (BIS) was created by the Dawes/Young Plan for coordinating the transfer of billions of Reichsmarks in reparations from Germany to the Allied powers after WW1. Almost at one, the BIS switched to managing international transactions of gold or hard currency. It also facilitated financial transactions between the Nazi regime and neutral countries during the War.

The BIS provides a very wide variety of specialized services, including underwriting and arbitration in fiduciary disputes.
by Primus Intra Pares July 19, 2010
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