Follow the Money: Transocean and the Gulf Oil Spill (pt. 5)

It was a cold, bright day in April and the clocks were striking thirteen. George Orwell – 1984,  first sentence.

Dave Hodges
Activist Post

The previous four parts of this series has demonstrated that the ecology of the Gulf is destroyed. The health and future health of untold numbers of the residents in the Gulf of Mexico is destroyed. The food chain in the Gulf is severely impaired and even crops, as far away as several hundred miles are having poisonous Corexit falling back to earth in the form of toxic rain.

This article will demonstrate that four predatory criminal enterprise corporations consisting of what I have dubbed, The Four Horsemen of the Apocalypse (i.e., Transocean, British Petroleum, Halliburton and Goldman Sachs), had demonstrable foreknowledge of the impending explosion on the Deepwater Horizon oil rig. Rather than alerting the authorities, the public and the employees stationed on the Deepwater Horizon oil rig of the impending disaster, instead chose to remain silent and to position themselves to profit from this event that resulted in 11 completely avoidable fatalities, as well as resulting in the ecological destruction of an entire region with an ongoing and an ever-expanding perimeter of devastation.

Follow the Money

“Follow the money” is a familiar refrain when one is trying to ascertain the motives which underlie predatory criminal actions. Greed was certainly a motivating factor for the collective criminal actions of “The Four Horsemen”. However, this incident is not just a case of unrestrained greed as the readers of this series will soon learn. The next several parts of this series will clearly reveal that the ultimate prize of the Gulf oil spill incident consists of acquiring unprecedented and unwarranted levels of power which will culminate in the establishment of a one world currency (i.e., technocracy), the ongoing forfeiture of private land in favor of the biofuel industry which will then be followed by the imposition of a scientific dictatorship which will ruthlessly rule over the planet and the remaining inhabitants. We begin at the bottom of the conspiratorial hierarchy by analyzing the role that Transocean played in this tragedy.


On the food chain of Gulf Coast co-conspirators, the evidence demonstrates that Transocean merely played the role of a bottom feeder. Yet, this criminally orientated transnational corporation willingly served as the perfect stooge from which to do the bidding of the global elite (e.g., Goldman Sachs).

Contrary to popular belief, BP did not own the ill-fated Deepwater Horizon oil rig. The owner of the rig was Transocean. To fully understand Transocean’s role, one merely has to examine both the past and the present criminal character of this corporation.

Transocean is indeed a proven criminal enterprise corporation with a long history of significant legal entanglements involving many national governments. Transocean’s legal transgressions include, but are not limited to, the bribery of foreign governmental officials, tax fraud, tax evasion and falsifying records.

It is important to note that Transocean began an intimate relationship with fellow Gulf co-conspirator and orchestrator of this tragedy, Goldman Sachs, in 2007 as Transocean was merged into its current corporate state by the Wall Street giant. It does not take a great deal of imagination to understand why Goldman Sachs took an interest in creating the new look Transocean when one considers the “Stooge” role Transocean would soon play in the Gulf event, three short years later.

Examples of Transocean’s Present Legal Entanglements

Most recently, Transocean has been prosecuted by the governments of Norway and the United States. Transocean is being prosecuted by the Norwegian government for fraud and failing to pay taxes on over 10 billion dollars of profit.

In the case of The United States District Court for the Southern District of Texas, Houston Division, of the United States of America v. Transocean, the American government is prosecuting Transocean on four counts:

COUNT 1 – Conspiracy to Violate the Foreign Corrupt Practices Act (18 U.S.c. § 371)

COUNT 2 – Foreign Corrupt Practices Act Violation – Nigeria (15 U.S.C. § 78dd-l(a)).

COUNT 3 – False Books and Records – Nigeria (15 U.S.C. §§ 78rn(b)(2)(A), 78m(b)(5), 78ff(a)).

COUNT 4 – False Books and Records – Nigeria (15 U.S.C. §§ 78m(b)(2)(A), 78m(b)(5), 78ff(a)).

Given Transocean’s propensity for criminal activity, it is easy to ascertain why Goldman Sachs targeted Transocean, for, yet another, criminal enterprise activity involving the Gulf, as this Cayman Islands Corporation has repeatedly proven to be undeniably corruptible and would earn their New World Order stripes by becoming a prime candidate in the furtherance of this far-reaching conspiracy.

Transocean’s Corruption in the Gulf: Hiding in Plain Sight

What really happened on that fateful night of April 20th, 2010? We will never know the full truth thanks to a series of amazing “coincidences” and some woefully incomplete investigations by the United States Congress.

Thanks to the expertise of Maritime expert, Captain Kelley Sweeney, it has been determined that Transocean willfully destroyed evidence in an attempt to cover up their crime which resulted in the destruction of the oil rig when Sweeney announced on The Common Sense Show with Dave Hodges, that six hours of tapes from the bridge, which preceded the explosion and destruction of the Deepwater Horizon, mysteriously disappeared. Further, Captain Sweeney told listeners that the black box, required to be operational on every large oil rig, was never recovered following the explosion. When Sweeney was asked how often a black box is not recovered from such an oil rig explosion, he replied, “This is the first time in maritime history that a black box from a destroyed oil rig was not recovered.”

How Many Coincidences Equals a Conspiracy?

If I took out a million dollar life insurance policy and then my wife got pushed off a cliff a week later, does anyone believe that the authorities would put me under investigation? This is the metaphorical equivalent to what Transocean did hours before the Gulf oil spill.

Transocean insured the Deepwater Horizon oil rig with Lloyds of London shortly before the “accident.” Transocean did not just insure their oil rig, they double insured the rig and Transocean unashamedly walked away with a $270 million dollar profit immediately following the explosion.

Shouldn’t the “coincidence” of having a grossly over-inflated insurance policy on the rig acquired in proximity to the explosion have raised the eyebrows of congressional investigators? Well, it did raise the level of concern for many in the legislative branch of the government. In fact, eighteen Democratic senators asked the Justice Department to investigate the operator of the Deepwater Horizon offshore drilling rig after Transocean announced it would pay out $1 billion to shareholders as the leaking oil continued to pour into the Gulf.

The House of Representatives voted 420 to 1 to give the Presidential Commission charged with the duty of investigating the BP oil spill the power it needed to subpoena witnesses. However, “The Four Horsemen” could never allow a real investigation to take place because the damning evidence has always been hiding in plain sight. Bowing to the pressure from these co-conspirators, the Senate promptly blocked any meaningful investigation when the subpoena power, needed by the Commission to properly investigate this conspiracy, was unilaterally denied. A picture is worth a thousand words as you will not doubt agree about the existence of a conspiracy as you watch this clip from the halls of Congress.

The Senate further blocked giving the Presidential Commission the power it needed to compel the oil rig captain to account for the six hours of missing tapes and what efforts were made to recover the rig’s black box. Does anyone else feel like they are reading a replay of the 9/11 Commission’s investigation into the same black box topic?

If the Commission was armed with subpoena power, Transocean would have had to defend the timing and the excessive amount of insurance coverage taken out on the rig. If the Commission had subpoena power, they could have compelled the testimony of key people like BP’s Bob Kaluza who was assigned to the Transocean-owned oil rig just days before the explosion and then refused to participate in Congressional hearings by invoking his Fifth Amendment Rights.

Another curious event occurred when Goldman Sachs shorted Transocean stock immediately before the explosions sank the rig. This meant that preferred Transocean insiders had their stock values insured against the impending collapse of their stock’s value. I wonder what Americans would say if it was common knowledge that Goldman Sachs also shorted airline stocks prior to 9/11, then did the same thing again just prior to the collapse of the housing bubble for which they were fined a mere $450,000 by the Securities and Exchange Commission. Yet, there does seem to be honor among thieves as Goldman Sachs did take definitive steps to protect the value of Transocean’s stock hours before the explosion.

Justice Denied

Most of the American public presently views the Gulf “oil spill” as some remote historical event in which the federal government has fully mediated the crisis. Meanwhile, back in the real world, Gulf residents are dying from the continued spraying of Corexit, the food chain has been irreparably damaged, and let us not forget the 11 men who perished. Yet, nobody has been brought to justice. Meanwhile, Transocean, with a criminal history longer than my proverbial arm, literally and figuratively has gotten away with and profited from murder.

The police frequently break up illegal drug enterprises by catching the lower level operatives and making deals related to reducing sentencing in exchange for giving up more prominent suspects which are higher up on the criminal pecking order. In this conspiracy, Transocean is that lower level operative. If the government was truly interested in the truth and rewarding the Gulf residents with justice, Transocean would be turned upside down; for when a known felon is caught with blood on their hands, the authorities would most assuredly investigate the bloody felon! Why should Transocean be any different than any other common criminal? Why, then is the government hell-bent on letting this crime against humanity go unpunished?

Every American needs to ask themselves, what kind of investigation can be conducted by a governmental organization when the principal investigating body cannot subpoena key, and sometimes, unwilling witnesses? In short, the American people, particularly Gulf Coast residents, have not had the satisfaction of having had a legitimate investigation conducted with regard to this crisis. Parts one through four of this series have clearly documented that the government and “The Four Horsemen” have repeatedly lied about the ecological damage done to the Gulf, lied about the damage done to the people and their health, lied about the damage done economic health of the Gulf, and continue to lie about the failure to properly compensate the victims in the Gulf while the continuing and unfolding holocaust which is still growing in scope.

Part Six takes the investigation to another level as the shocking complicity of Goldman Sachs, BP and Halliburton and their minions will be exposed.

Dave is an award winning psychology, statistics and research professor, a college basketball coach, a mental health counselor, a political activist and writer who has published dozens of editorials and articles in several publications such as Freedoms Phoenix, News With Views and The Arizona Republic.

The Common Sense Show features a wide variety of important topics that range from the loss of constitutional liberties, to the subsequent implementation of a police state under world governance, to exploring the limits of human potential. The primary purpose of The Common Sense Show is to provide Americans with the tools necessary to reclaim both our individual and national sovereignty.

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