Liberty is being free from the things we don't like in order to be slaves of the things we do like.--Ernest Benn

Thursday, June 17, 2010

Pouring Oil on Troubled Waters: A "Redistribution of Wealth Fund"?

The Quote of the Week is an unbelievable and incredible statement.

Rep. Michele Bachmann (R-MN) is emerging as a fierce critic of the Obama administration's proposed escrow fund to handle damage claims against BP.

Bachmann spoke Tuesday to the Heritage Foundation, and badmouthed the idea.
The president just called for creating a fund that would be administered by outsiders, which would be more of a redistribution-of-wealth fund. And now it appears like we'll be looking at one more gateway for more government control, more money to government.

They have to lift the liability cap. But if I was the head of BP, I would let the signal get out there -- 'We're not going to be chumps, and we're not going to be fleeced.' And they shouldn't be. They shouldn't have to be fleeced and make chumps to have to pay for perpetual unemployment and all the rest -- they've got to be legitimate claims.
I am too stunned to say anything more. Have to go run Doberwoman and reflect...

4 comments:

  1. I can top that, Doc! A Congressman, Joe Barton, apologized to chairman Tony Hayward for The White House's "shakedown" of British Petroleum! What do you think?

    ReplyDelete
  2. No, Coop, I still think Bachmann trumps Barton.

    In large part, this whole blog is an escape and diversion from political blogging. It worked for me up to point but things have been piling up and now I just don't think I can take any more. The oil slick is causing the cancelling of yacht races, the Gulfport to Pensacola being one of the casualties. This has gone on long enough and altogether too far.

    This BP invasion of seas and headlands is not something we deserved. We can't blame it on Bush; we certainly can't blame it on Obama. Except maybe we can blame it on loose-as-a-goose regulation ultimately.

    It's clear that this is a national crisis we can't resolve militarily: all of our Republic's soldiers, marines, sailors, and airmen cannot put New Orleans' wetlands back together again. For one thing, they're all over-deployed in (very) dry lands on the otherside of the world

    But we can't blame Obama. If we had elected McCain, he would have immediately seen this Battle New Orleans as part of larger "good war". Not quite like World War II; more like the 2nd War of 1812. And he would be chanting 'bomb-bomb-bomb Lon-don'. 'Course if we could have re-relected Harry Truman, he would have nuked BP's spigot by now.

    Another thing: why are people wringing their hands over the clean-up delays? They should be wringing their hands over the shut-off delays? If this were a case of the good ship Valdez, where there was a finite amount of crude expected, I could see rushing to martial up cleanup and containment measures. But in this submarine BP geyser, there appears to be an infinite amount of crude coming at us. Who can say how much more is coming?

    Containment I can understand. But, how about a little more focused thinking on shutting it down and less premature complaining & blame-gaming about cleaning it up?

    I don't think people are pissed off enough. If another yacht race has to cancelled - the Bermuda Race for example - then the people will be all up in arms.

    ReplyDelete
  3. BP oil spill is the fault of the eco-nazis: we can't drill anywhere else, so we have to go deep!

    ReplyDelete