BLACK BUZZ NEWS SERVICE
College Park, Maryland
June 16, 2010
For the last two months President Obama has been engaged in playing golf, basketball, and taking exotic vacations in the foothills of North Carolina while BP's oil was spilling with vengeance in the Gulf of Mexico.
President Obama did absolutely nothing for two months relative to tackling this horrific spill on the Gulf coast. Obama's nonchalant attitude about the BP spill is telling, which is further evidence of his lack of basic leadership skills.
Last week he told NBC's Matt Lauer that he didn't see the need to meet with the top CEO's of BP, but last night in his Night-Side televised TelePrompter speech Obama stated that we would meet with the BP CEO's today. What made President Obama change his heart ? The public opinion polls ?
It was reported on Wednesday June 16, that the head of BP had made an apology to President Obama for the Gulf oil spill. I suspect that the apology by BP was nothing but a photo-op for Obama, and to score badly needed political points.
The American people don't need an apology from BP. What the American people need from BP is a highly concentrated plan of action in conjunction with the Obama administration. We have to go to war against BP's oil that has invaded our precious Gulf coast, and do you think President Obama finally gets the message that we are at war ?
Guess who's going to foot the bill for BP's and Obama's blunders ?
Taxpayers could be on the hook for billions of dollars from BP's still-gushing spill in the Gulf of Mexico unless the inept Congress can retroactively change the law that limits a company's liabilities for oil spills-and the so-called experts say it will be tough.
But if the spill contaminates large parts of the Gulf coast, the real cost is likely to be in the form of the prolonged commercial losses to the Fishing & Tourism industries. Under the Oil Pollution Act of 1990, which was passed in response to the Exxon-Valdez oil spill, oil producers are liable for all clean-up and environmental restoration cost that stems from a spill.
But they are only liable for 75 million in claims for commercial and business losses which could easily run into the billions. Watch how the conniving Republicans play politics with this cap, and I'll bet anyone ten to one that those folks on the Gulf coast will still support the deceitful Grand Olde Party, and Tea Baggers. If BP, and its dubious partners don't pay, Congress will be under much pressure to provide help as it was in the case of said natural disaster like Hurricane Katrina. If the oil spill soaks -up a thousand miles of Gulf coast, the commercial losses would be almost certainly 300 billion dollars, and that 20 billion that BP has allegedly agreed to provide in an escrow account is merely peanuts
YES WE CAN