Monday, June 21, 2010

Where's the Anger?

Update: Federal Judge Martin Feldman in New Orleans, today lifted Mr. Obama's drilling ban as well as issuing a separate order preventing the US from enforcing that ban. The ruling was as a result of a law suit filed by several offshore service and supply companies in Louisiana. BP was not a part of this suit. (H/T The Maritime Sentry)

I keep hearing about how Americans are angry at BP over this oil spill. I look around and the only folks I see being actively angry about it are the talking heads in the MSM and ones who get their news almost exclusively from those same talking heads.

I am not angry at BP. It was an accident. How should anyone be angry about an accident? I will admit to being a bit upset about the way Mr. Obama and his administration are bungling and hampering the clean up efforts. I am also flabbergasted at how anyone thinks it is legal or Constitutional for Mr. Obama to demand that BP not pay dividends to it's shareholders or to command them to put 20 billion dollars in an independently administered fund for reparations. Where exactly are Mr. Obama and his administration finding the authority to do these things?

The message here isn't that BP shouldn't make appropriate reparations, they should. But rather that those reparations should be in accordance with the law, not whatever Mr. Obama says. Last time I checked, the president doesn't make the law, they may only approve or veto laws proposed and approved by the Congress. Has that changed since Mr. Obama was elected? What am I missing here?

In addition, I would like to know what those actions on the part of Mr. Obama and BP are saying to the business world in general. To me it appears that the message is, you are no longer working for yourselves, but rather for the government. Your profits are no longer your own, the government will tell you how that money is to be used.

"They encourage themselves in an evil matter: they commune of laying snares privily; they say, Who shall see them? "~ Psalm 64:5


DR said...

Great article as usual and thanks for the link.

Call Me Mom said...

My pleasure, DR. Thank you for helping to keep me up to date. :)