Exploiting the Oil Spill: One Word—Lithium

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


In recent days, Rush Limbaugh and other rightwingers have accused the Obama administration and environmentalists of trying to exploit the BP oil spill for political gain—even suggesting that they caused the disaster or let the leak continue in order to undermine plans for expanding offshore drilling. This is wacko stuff, showing that the soundbite scoundrels of the right will exploit anything to score political points. But there are those on the right who are also trying to exploit the BP oil spill the old-fashioned way: for financial profit.

This morning I received an email from Townhall.com, a prominent conservative site that features the writings of well-known conservative pundits. The subject head: “Obama may cancel ALL oil drilling, wants Lithium. LTUM stock could triple.” Townhall had rented out its email list to a stockpicking newsletter that was pushing lithium stocks—and attempting to make a buck off the paranoid conservatives who soak up Limbaughian lies. Well, if  rightwingers really do believe that President Barack Obama will cancel all offshore drilling, then they ought to be easy marks for Townhall’s partner. They might also be interested in purchasing some swamp land in Florida.

DONALD TRUMP & DEMOCRACY

Mother Jones was founded to do things differently in the aftermath of a political crisis: Watergate. We stand for justice and democracy. We reject false equivalence. We go after, and go deep on, stories others don’t. And we’re a nonprofit newsroom because we knew corporations and billionaires would never fund the journalism we do. Our reporting makes a difference in policies and people’s lives changed.

And we need your support like never before to vigorously fight back against the existential threats American democracy and journalism face. We’re running behind our online fundraising targets and urgently need all hands on deck right now. We can’t afford to come up short—we have no cushion; we leave it all on the field.

Please help with a donation today if you can—even just a few bucks helps. Not ready to donate but interested in our work? Sign up for our Daily newsletter to stay well-informed—and see what makes our people-powered, not profit-driven, journalism special.

payment methods

DONALD TRUMP & DEMOCRACY

Mother Jones was founded to do things differently in the aftermath of a political crisis: Watergate. We stand for justice and democracy. We reject false equivalence. We go after, and go deep on, stories others don’t. And we’re a nonprofit newsroom because we knew corporations and billionaires would never fund the journalism we do. Our reporting makes a difference in policies and people’s lives changed.

And we need your support like never before to vigorously fight back against the existential threats American democracy and journalism face. We’re running behind our online fundraising targets and urgently need all hands on deck right now. We can’t afford to come up short—we have no cushion; we leave it all on the field.

Please help with a donation today if you can—even just a few bucks helps. Not ready to donate but interested in our work? Sign up for our Daily newsletter to stay well-informed—and see what makes our people-powered, not profit-driven, journalism special.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate