Well, the morning after, and the assault on the Constitution continues. Barack Hussein Obama (PBUH) has strongarmed BP execs with demands for a $20 billion-dollar trust fund to be set aside and administered by A Third Party. Beyond the fact that the Obamster does not have (as Neal Boortz put it) authority to demand the set-aside of a roll of toilet paper, much less twenty huge, the prexy's ignorance of business fair takes the breath from me. Here, in the middle of an pollution crisis, we propose to take working funds away from the people who are trying to solve the problem. "But what about the shrimpers?"
BP has responsibility to take care of those whose livelihood has dwindled because of the oil spill- did I forget that BP is also responsible for the spill?
No, but so is the Federal Government, the "regulators" Trans-Oceanic, and likely Dick Cheney's shoe salesman. A veritable slick of groups have some culpability in this. BP must certainly pay its share, do so timely, and pay those legitimately hurt by the Gulf spill. BHO's imperial decree for BP to escrow twenty billions of dollars displays a brazen lack of business sense, which surprises me no end, himself being a Chicago community organizer and all.
The $20B really has nothing to do with the shrimpers, the hoteliers, the restauranteurs or the trash-picker-uppers on the sugar-sand beaches. It is punishment, a fiscal time out for BP. "Go to your room, and give me your allowance money!" When campaign mouth-flapping about hope and change does not suffice, BHOOTUS can be relied upon to resort to his Chicago political roots. Careful, or the president of BP will wake up with an oily pelican head on the pillow next to him.