Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?

To: DuckTapeSunroof who wrote (43807)	6/28/2010 12:09:25 AM
From: Peter Dierks	Read Replies (1) \| Respond to of 71588

Obama’s Katrina—How Much Of This Spill Could Have Been Averted? posted at 2:00 pm on June 27, 2010 by Rovin Alternate title: “How Much Of This Spill Can Still Be Averted”? Jay Tea over at Wizbang has posted a story on the Gulf crisis, and chronicles the missteps of this administration: I’ve Got A Little List… Posted by Jay Tea It seems everyone’s reading “Avertible Catastrophe,” the Financial Post’s amazingly analysis of the BP oil spill in the Gulf Of Mexico. As I read it, I started putting together a list of the identifiable errors and mistakes the Obama administration made. And as I made that list, I noticed that they had hit so many of the classic categories of blunders that it could almost serve as a textbook example of how NOT to do things. Link Jay’s “list” includes the “crisis advantage” the Obama administration is using to advance their disastrous agenda: “The Obama administration has indeed seized on this crisis as an opportunity to push its own agenda. It’s trying like hell to impose a ban on all offshore drilling in the Gulf, which will throw thousands and thousands out of work and seriously bone the US economy. It shook down BP into forfeiting its legal protection under existing liability laws and giving up a $20 billion “compensation” fund to be administered by Obama’s hand-picked crony, with no oversight whatsoever (and legally arranged to come ahead of other BP creditors should they file bankruptcy). It’s using it as a cudgel to beat up on the entire oil industry. It’s making serious hay in denouncing and blaming “Big Business” and the Republicans for destroying the Gulf Coast.” Please read Jay’s entire post here With the projection that the relief wells won’t get online until the end of August, (and the hurricane season approaching , is the President prepared to continue with his “go it alone” attitude that will magnify the enormous cost to the environment and the Gulf Coast economy to advance his political agenda? How much longer will the Gulf states put up with the obstruction of the federal government to clean up and contain this disaster? President Obama certainly was not personally responsible for the explosion on the Deepwater Horizon and we can accept the fact that his expertise is limited in stopping the flow from a mile below. But, the question must be asked, is the President using all of the resources available to mankind to maximize the containment, or is he playing political games at the expense of billions in permanent damage to our economy and most likely our ecosystem* throughout the entire region? Perhaps we should seriously consider Jay’s list. hotair.com