Obama's televised statement will come the night before he is scheduled to meet with top BP officials.Gonna have to be a hell of an escrow account. More than likely BP's going to be on the hook for tens of billions. But that's Obama's style: low-key, pragmatic, and results-oriented.
A White House official told CNN that Obama would push BP to create a BP-funded escrow account that will pay for damage claims from the worsening oil spill.
"The president will make clear that he expects, and that if necessary will exercise his full legal authority to ensure, that BP sets aside the funds required to pay individuals and businesses damaged by this massive spill," the White House official said on condition of anonymity.
In addition, the official said, the plan would call for the money set aside by BP to be "paid out under fair, efficient, and transparent procedures administered by an independent third-party panel established just for this purpose."
The larger problem of course is that the same people who spent the last 18 months screaming that government is too involved in the free markets, that the government over-regulates industries like energy, that we need smaller government with less oversight, that we need to reduce spending on programs by eliminating government watchdogs and allowing industies to police themselves, and that government interference in the marketplace is a dangerous assumption of power by the state are the first people in line attacking Obama for not doing enough to stop this oil disaster.
From wanting to militarize BP's cleanup operation in the Gulf to actually literally nuking the damn oil geyser, these are the same folks complaining Obama isn't angry enough, isn't involved enough, isn't talking enough, isn't doing enough, and has yet to reveal his secret DARPA program where he gets bitten by a radioactive shark and develops aquatic superpowers to plug the damn hole.
The fact is there's no easy answers to a lot of the problems we're facing right now: the economy, the two wars we're in, unemployment, that damn oil geyser, and a host of other deadly real we're facing together. The problem is being compounded by those who don't have any solutions, but have plenty of blame to pass around...and it's amazing how all that blame always lands on the same pair of shoulders at 1600 Pennsylvania Avenue no matter what.
There are problems that Obama is responsible for fixing, yes, but not responsible for creating. There's difference. The American people are aware of that difference, even if the President's knee-jerk detractors aren't.
4 comments:
Two years ago the Republican Party, and even a wing of the Democrats said "Barack Obama has no experience in running anything. He is not ready. He is not capable. He cannot do this job."
We were called racists and worse for our troubles!
Now he has enablers like you making excuses for his failed presidency just like the people this blog accused of doing for Bush at the end of 2008.
How does it feel to have come full circle as nothing more than a cheerleader with the most incompetent president in American history, who took almost two months to figure out he should address the American people on this?
I actually do take pity on you. You've become exactly what you hate the most, a worthless press flack with delusions that your opinion even matters.
"How does it feel to have come full circle as nothing more than a cheerleader with the most incompetent president in American history, who took almost two months to figure out he should address the American people on this?"
Tell us how it feels, Cajun. You lived it 2001-2009.
Except YOUR fucktard WAS the cheerleader.
"has yet to reveal his secret DARPA program where he gets bitten by a radioactive shark and develops aquatic superpowers to plug the damn hole."
Really? Maybe he should ask Bush since apparently he has one when he swam down and started the chain of events that lead for the rig exploding...
Oh wait, sattire only works if you're a lib right?
"it's amazing how all that blame always lands on the same pair of shoulders at 1600 Pennsylvania Avenue no matter what."
And everyone knows you only do that if the President has a R next to his name, if its a D then you find where the closest R is and blame them. Practice what you preach.
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