Category Archives: Economy
Insubordinate
Salazar is going to fight a federal judge’s ruling that strikes down a 6 month ban on deep water drilling. A panel of experts says Obama misrepresented its views to justify the ban in the first place.
Gusher Side Chat
The President’s Oval Office call to arms over BP turning the Gulf of Mexico into the La Brea Tar Pits didn’t play to rave reviews. Here’s Andrew Malcolm in the Los Angeles Times.
Slick
Under White House pressure, BP suspended it’s dividend and established a $20 billion escrow account to help the “small people“. Here’s Steve Chapman’s lowdown on the shakedown.
Curse The Crisis
An insubordinate White House staff ignored President Obama’s order to “plug the damn hole”. That made the president very angry. As he told Matt Lauer , “If you want a job done right…”
Obama then exercised the Emanuel Doctrine, “Never Waste a Crisis”, by recycling an old Cap and Trade bill. Here’s James Delingpole in the UK Telegraph on that.
