Shouldn't the Fed be arranging a big payout to BP for scewing up at least as badly as Wall St? Isn't the "new capitalism" aimed at rewarding the companies who get too big for their (or our) own good? It's just, I can't fail to see the irony of capitalism being "forced" to bail out a failed financial industry (because it's just too badly needed), whereas an oil company is less badly needed... say what? Isn't BP drilling in the Gulf because America wants the oil "really desperately"? How come Goldman-Sachs can get away with making a big mess, but BP gets pilloried for being good, messy capitalists?
Hey Your government Came right out and asked Canada for Help, we are sending down, our coast guard and military to help yall out again, after Obama ASKED us for help. But at least he, wasn'thaving a snack and loling at the matter like bush and New Orleans, I mean come on The Canadian navy and coast gaurd responded and was there helping People b4 Bush even had your own forces there. Quite with the Stupid bashing, when you must have a very limited Understanding of reality, of world events.
Obama turned down help across the board. He's an idiot. This is as much HIS mess as BP's. I don't blame BP as much as I do the current admin who's been hovering over them, allegedly doing their part. It isn't as if BP works without massive governement supervision. And hey... wasn't it the Obama admin's own MMS who handed Deepwater Horizon a safety award in 2009? Why yes boys and girls, it was. Even the far left media is forced to suck it up and bore-hog Obama these days for his handlin... LACK of handling in this whole affair. The clown isn't a leader, he isn't a president, and he isn't capable. God-- we're all gonna die.
Syzygys, guess what, the rig is in exclusive economic zone waters controled and under the jurisdiction of the United States, and subject to safety rule and regulations of the United States, so yes the U.S. Government holds some responsibility for what happened, as it was supposes to inspect the Horizon and make sure it was in compliance. http://www.un.org/Depts/los/convention_agreements/texts/unclos/part5.htm The exclusive economic zone extends from territorial waters out to a maximum of 200 nautical miles (370.4 km). The U.S. has control of all economic resources within its exclusive economic zone, including fishing, mining, oil exploration, and any pollution of those resources. So tell me why the Minerals Management Service, the U.S. Government agency responsible for the inspection, and safety enforcement, for gulf oil drilling rigs was going to; Louisiana Oil Spill: Feds Gave Safety Prize to Transocean's Deepwater Horizon The federal agency charged with enforcing safety on deepwater oil rigs has also played a major role in promoting the industry's claim that it is safe, and in 2009 handed out one of its top prizes for safety to Transocean's Deepwater Horizon. The Minerals Management Service, which falls under the U.S. Department of Interior, touts the recipients in government press releases and hosts an awards luncheon at a lavish industry association conference in Houston. This year's luncheon was scheduled for Monday before it was abruptly canceled. The U.S. Department of Interior, is in charge of the Minerals Management Service, which make it responsible for enforcement of the safety rules, and it failed to make sure that the Minerals Management Service conducted proper inspection, so it is in the end responsible for a large share of the blame.
You are the idiot, no one but BP is capable of plugging this well. What do you expect Obama to do? Part the fucking Gulf like the Red Sea and seal the well with his laser vision?
Then why even have the Minerals Management Service, and collect all the taxes on petroleum products? Obama is the Man in Charge, it was up to Him to part the red tape and get things done, and all He has done is read His tele-prompter and grand stand. We have a whole Bureaucratic Government Agency "Minerals Management Service" that has been in existence since 1986, collecting a Nickel a Barrel tax on all oil production, with a Billion Dollars of assets, and a supposed plan in place, and Obama did nothing to implement that plan. What really is disgusting is the fact that the "Minerals Management Service" had plenty of Bureaucrats, drawing big salaries, with big sounding titles, and not one piece of equipment, or any trained individuals to use that equipment, or even a idea on how to implement the Disaster plan that it was responsible for developing and implementing when needed. Obama screwed the pooch by not accepting help offered, not cutting through the red tape, sitting on His ass talking big on how He was going to keep His Boot on the Throat of BP, while the disaster grew and grew and grew. The Buck Stops on the Presidents Desk, He is the head MC, the Man In Charge.
Red tape isn't the problem. No one can fix the well but BP. Offers of help are kind but not necessarily productive. In fact, he did cut through BP's red tape by getting them to pony up 20 billion in relief funds. Yes, the buck stops with Barry, and he's doing something to correct it: WASHINGTON, June 16 (Reuters) - The former U.S. prosecutor tapped by the Obama administration to lead a crackdown on the oil and gas industry in the wake of the Gulf oil spill is no stranger to taking on troubled agencies. The Interior Department on Tuesday said Michael Bromwich, who in the 1980s helped prosecute Oliver North in the Iran Contra scandal, will oversee the restructuring of the scandal-prone Minerals Management Service, responsible for overseeing offshore oil and gas production. He investigated the FBI during the Clinton administration and later, as a lawyer, helped probe police departments in Washington and Houston. With no strong ties to the energy industry or its regulators, Bromwich is an outsider the Obama administration will trust to shake up MMS. "His charge over the next few months is to build an organization that acts as the oil industry's watchdog, not its partner," U.S. President Barack Obama said in his primetime address to the nation Tuesday night.
he has handled it quite well all things considered. ans what far left media. there is barely a left wing media let alone a far left media
so its obama's fault for the decision's of a bush appointee? all the decisions that could have an effect on this was all made before Obama's gal was confirmed.
BR, Obama has been president for a year and a half. His administration had to tackle massive problems left by the prior eight years of the Bush administration: an economy in free fall, two wars, and oh yeah, an economy in free fall. Tackling a regulatory agency that had its corruption publicly exposed in September of 2008 was probably on the list of things to do. But this agency was in this state after having been overseen by the Bush administration for eight years!
Last I checked petroleum taxes are used to pave roads and keep highway maintenance, Not fix Multi billion dollar oil Companies messes. Question you get caught spilling a can of gas on your yard, Guess who is responsible... Your Government? No you, the same applies with bp. Obama is doing great for your country esp after the 8 years mr bush was in office. wow, why are people so stunned.
Guess what Obama is the POTUS, the Buck stops on His desk. As POTUS, He failed to make sure that the Gulf Oil Spill Disaster Plan was implemented in a timely manner, a plan that had been in place since 1986. We are now 18 months into Obamas administration, we are now a year over a year past George, now exactly when is Obama going to become responsible for being the President of the United States? the leader of the Nation, blaming George doesn't wash any more, it is time Obama show some real leadership, and lead, not go the the automatic default of George left me this. Obama was elected to lead and in that He has failed miserably, and prove's it every time He blames the Bush Administration for the problem that He has failed to clean up. And you as a liberal prove the same every time you blame George. pjdude1219 you are the absolutely archetypical liberal shill, and you have proven it add nauseam with the classic; Democrats can do nothing Wrong, Republicans can do nothing Right
funny you only say that when its a democratic president. so a year and half and having to clean up after you man bush and its his fault the previous presidents get off the hook? when it his policies and choices that cause the problems.
Yes the buck does stop at President Obama's desk. But that does not mean he is responsible for creating the mess, only that he is responsible for fixing the mess....like all the other messes Republicans dumped on his desk last year and this year. The nation and indeed the world is suffering from the transgressions of decades of Republican rule and influence in Washington. Instead of having closed door meetings with the oil industry more than a decade ago and giving special perks and forebearances to the industry, Dick Cheney (Republican VP) should have been looking out for the interests of the American public and tightened proposed regulations which would have prevented the current disaster in the Gulf. Now Obama can only fix the damage caused by Republican malfeasance. And we can see how effective the Oil spill disaster plans were, last time I checked there were no penguins in the Gulf as described in the recovery plans. So that is just a red herring. The Gulf oil recovery plans were and remain a farce. Now here is the deal, if Republicans want to blame President Obama for current disasters, then they need to take ownership for their roll in creating the disasters. That is only fair and it is relevant. But I find it very hypocritical you don't think it was wrong of george II to blame Clinton for all of george II's mistakes even 7 plus years into george II's presidency. When you have to resort to personal attacks, as you have and continue to do, it just shows the weakness of your claims. It certianly does not strengthen them in any way.
