Obama cuts another great deal

Monday, June 21st, 2010

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President Obama managed to get BP to agree to $100/million dollars to cover payroll expenses for his six month moritorium on drilling in the Gulf of Mexico.  The problem is that the monthly salaries of the workers is actually $330/million per month.  So, 6 months would amount to $1.98 Billion dollars or $1.88 [...]

Government takeover of BP – Shoe on the other foot

Wednesday, June 2nd, 2010

In this article by Robert Reich, he calls for government takeover of BP.  This is a very dangerous and slippery slope.  Our government keeps taking over businesses (Fannie Mae, Freddie Mac, GM) and are imposing their dictatorship over entire sectors (banking, health care, etc).  Ignoring the fact that all of this: kills jobs, is unconstitutional, and [...]