The Conservative Cave
Current Events => Politics => Topic started by: Chris_ on June 15, 2010, 08:51:32 PM
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I took a little liberty with the title... :whistling:
President Barack Obama delivered his first Oval Office speech on the heels of his latest visit to the Gulf region – the fourth since the Deepwater Horizon rig explosion in April. With such an environmental and economic crisis present, the president needs to exert leadership to protect our precious coastal resources and clean up the spill.
His message was the wrong one. Instead, he continued to politicize the crisis by pushing for cap and trade legislation and to establish a separate claims fund – financed by BP – that will do very little to address the issue at hand. President Obama is right in saying that the Gulf region will bounce back, but not with the policies of cap and trade and banning offshore drilling that he’s suggesting.
The Ban on Offshore Drilling
The President is at best premature, and likely wrong, when he says that we need new regulations to prevent such a catastrophe from happening again. Rather, we need to end the inadequate and flawed deployment of those regulations through cozy relationships between the regulated and the regulator. With its financial interests in energy production (royalty collection and taxes), the Mineral Management Service is seeing its interests and those of its corporate partners becoming closely aligned. This is perhaps part of the problem of offshore drilling regulations. Instead of blurring the line between public and private activities—and thus responsibilities—regulatory policy should focus on providing a limited amount of strong, fair, and efficient regulatory guidance. At a minimum, those elements of the federal regulator responsible for promoting specific energy sources should not also be responsible for enforcing regulatory standards.
Making rash policy decisions based on fears or other agendas will cause immeasurable damage to the United States economy, an economy that is still struggling to break free of a recession.
(more....)
http://blog.heritage.org/2010/06/15/the-presidents-oil-spill-speech/
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Said it before, will say it again.
A LEADER would have said "we are putting all of our resources behind BP to help in this troubling situation."
done.
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FACT CHECK: Obama inflates hopes in spill recovery
WASHINGTON -- In assuring Americans on Tuesday that BP won't control the compensation fund for Gulf oil spill recovery, President Barack Obama failed to mention that the government won't control it, either.
That means it's anyone's guess whether the government can, in fact, make BP pay all costs related to the spill.
Obama aimed high in his prime-time Oval Office address - perhaps higher than the facts support and history teaches - as he vowed to restore livelihoods and nature from the still-unfolding calamity in the Gulf of Mexico.
A look at some of his statements and how they compare with those facts:
http://www.seattlepi.com/business/1310ap_us_oil_spill_obama_fact_check.html?source=mypi
The AP is already fact-checking Obama's speeches? Two years ago, they wouldn't touch him with a ten-foot pole.
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I've had Fox on since 11 watching O'Reilly and Hannity, now Greta.
Obama is getting absolutely totally raked over the coals by just about everyone. Even the Dems are having a hard time trying to put a positive spin on his speech.