I was reading about the oil spill online and came across an article on The American Spectator. I think It’s worth reading. Here is an excerpt of it.
“I am rarely at a loss for words, but I was briefly stunned into silence by Barack Obama’s words during his Tuesday night speech that he would ‘inform’ BP’s CEO that he ‘is to’ create an escrow account. The president has no authority to do such a thing – but neither did he have authority to cram down Chrysler and GM bond holders for the benefit of the UAW. Law is irrelevant, probably not even considered as an afterthought, by this president.
“BP is not a victim here. They’re not in the least bit sympathetic. But this is the nation that presumes innocence before guilt, that is founded on the rule of law rather than of men. How strange it is that we elected a president who wants to give terrorist murderers the benefit of the doubt, give them access to legal protections they’re not even entitled to, but treats a major international corporation – which had already said it would pay all legitimate claims – the way Al Capone treated a rival moonshine distributor.”
