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To: elmatador who wrote (135922)6/23/2010 7:01:44 AM
From: Bearcatbob1 Recommendation  Read Replies (1) | Respond to of 206322
 
The ban will remain in place no matter what legal games are necessary to keep it in place. There is no way Obama will walk away from such a public position. Perhaps he believes its correct - for certain he knows he now needs it politcally with all the other chaos going around.

Of note - in today's IBD there is an Op Ed that reads like the moratorium is done. I think the guys who wrote that should get an invite to the managers office for lack of understanding of what they are writing about.

investors.com

It seems possible to me that some sort of regional outrage due to the impact could minimize its length.

Bob



To: elmatador who wrote (135922)6/23/2010 10:30:28 AM
From: Brumar89  Respond to of 206322
 
The judge's investments were from a 2008 disclosure report, so this was known and no one asked the judge to recuse himself. Why?

Did the administration think the moratorium would be overturned anyway and wanted to have an excuse ready?



To: elmatador who wrote (135922)6/23/2010 4:09:40 PM
From: Elroy Jetson1 Recommendation  Read Replies (1) | Respond to of 206322
 
Don't look for the Obama administration to appeal a lifting of drilling in the Gulf too strenuously. They want offshore drilling, they just don't want to be put in the position of overseeing another disaster until they're confident they know how BP screwed up.

Like all politicians they have constituencies they need to impress with a dog and pony show appeal, but offshore drilling will continue but with the current best major oil company standards imposed on crappy operators - which is only right.

That's why we have police - to give screw-ups and the misbehaved consequences to deal with.
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