Joseph Palermo: Tuesday night President Obama explained how his administration is going to respond to the most devastating human-made ecological catastrophe in the nation’s history. But he apparently doesn’t recognize how overwhelmingly popular it would be right now with the American people if he came out swinging against the malefactors of great corporate wealth like BP (or Goldman Sachs).
Robert Reich: The man who electrified the nation with his speech at the Democratic National Convention of 2004 put it to sleep Tuesday night. President Obama’s address to the nation from the Oval Office was, to be frank, vapid. If you watched with the sound off you might have thought he was giving a lecture on the history of the Interstate Highway System.
Georgianne Nienaber: The boom material used by British Petroleum to contain the massive river of oil that it flowing into the Gulf of Mexico is not working. So, ask yourself why BP is unwilling to use a product that seems far superior to the bloated, filthy, broken “sausage” absorbent boom that is washing up along miles of sensitive marshlands on the Louisiana Coast.
Andrea Nill: As Tyler Falk of Grist points out, there’s something seriously wrong with the fact that “British Petroleum can legally come to the Gulf and devastate an entire ecosystem and the economy it supports, but when “illegal” immigrants come to clean up the mess, they are treated like criminals.”
Georgianne Nienaber: Dawn offered a grand sunrise, and as our skiff skimmed over relatively flat seas, the endless sky was a counterpoint to the sickening sheen on the water’s surface, blobs of red-orange light crude, and worse yet, bubbles of foam and oil that indicated controversial dispersants had done their job, suspending oil in the water column, making the water opaque and denying sunlight to the organisms below.
Tom Degan: Shouldn’t the argument be focused – not on “big government” – but rather on “good government”? Efficiency versus incompetence? We are now a nation of over three-hundred million people. The very idea that the government should be made smaller – or done away with entirely – is beyond idiotic.
Robert Reich: Friday’s job report was awful. For most new high school and college grads finding a job is harder than ever. Meanwhile, states are cutting summer jobs for disadvantaged young people. What to do with this army of young unemployed? Send them to the Gulf to clean up beaches and wetlands, and send the bill to BP.
Robert Reich: But confusion over who’s in charge – BP or the White House – continues to reign. Questioned about whether BP can successfully shear off the well pipe in order to fit a cap over it, Allen answered “I don’t think the issue is whether or not we can make the second cut. It’s about how fine we can make it, how smooth we can make it.”
Mike Price: Here is really what’s germane to the plot. I blundered, realized it, and told you about it as soon as possible, fully realizing that such a bizarre course of action goes against everything we’re accustomed to getting from Haliburton, Haliburton subsidiaries, BP executives, right-wingydings, politicians, radio blabbers, media whores, talk-show “experts,” broadcast prognosticators, blondish corporate spokesmodels, and the entire Fox News menagerie of well-coiffed ignorami.
Tina Dupuy: The BP spill exposed that we’re still commuting in eight-cylinder singly occupied vehicles, hopped up on plastic goods and scoffing at high-speed rail projects. Our government is representative – we haven’t clamored to get off oil. If anything we’ve threatened to riot for having to pay too much at the pump.
Robert Reich: It’s time for the federal government to put BP under temporary receivership, which gives the government authority to take over BP’s operations in the Gulf of Mexico until the gusher is stopped. This is the only way the public know what’s going on, be confident enough resources are being put to stopping the gusher, ensure BP’s strategy is correct, know the government has enough clout to force BP to use a different one if necessary, and be sure the President is ultimately in charge.
Lydia Howell: The nesting place for migrating birds and the womb for shrimp and oysters is being destroyed. No one — not British Petroleum or the Coast Guard — was there trying to prevent or clean up the silent horror. CNN’s Anderson Cooper dipped his rubber-gloved hand into the Gulf water and it came up coated with oil. Phillipe Cousteau, son of famous oceanographe Jacques Cousteau, dove into the toxic soup of oil particles and dispersant, a dead sea emptied of creatures.
Joseph Palermo: The financial reform legislation currently winding its way through the Congress is a step in the right direction but it retains too much of the status quo that brought down the economy in the first place. The key problem, as many economists have been telling us, is that the top financial institutions remain “too big to fail.” Congress can enact all the regulations it wishes but even the best written rules won’t be enough to prevent another financial meltdown.
Joseph Palermo: The spectacle of British Petroleum literally killing off the Gulf of Mexico before our eyes while the Obama Administration apparently believes that BP is honorable enough to be trusted to dutifully clean it up is depressing beyond belief. Hearing Louisiana Governor Bobby Jindal complain about the lagging federal response after he built his political career trashing the federal government is just too pathetic and stupid to even bother to ridicule.
Jerry Drucker: The U.S. Congressional Hearings were held to learn where the blame lies between British Petroleum, Halliburton or Transocean for the largest oil spill in U.S. history. The circle of lies has started going round and round, where it stops everyone knows. BP blames Halliburton, Halliburton blames Transocean and Transocean blames BP. We can see the blame lies in a circle of lies. The only real question remaining is which big oil CEO will be the first to receive a billion dollar bonus.
Robert Reich: Ad campaigns about corporate social responsibility are cheap. So are public scoldings by politicians about a corporation’s irresponsibility. Watch not what they say but what they do. The only way BP will pay more than $75 million — and the costs of the spill will easily top that — is if they’re required by law to do so.
Georgianne Nienaber: The Institute for Southern Studies (ISS) features a compelling video on its website that documents an overflight at ground zero of the British Petroleum oil catastrophe resulting from the explosion of the Transocean/Deepwater Horizon well platform on April 20. This is the view that cannot be seen from sanitized satellite photos and composite maps depicting the direction and extent of the massive river of oil threatening entire ecosystems in the Gulf of Mexico. Tar balls have already been reported on pristine Dauphin Island, and the damage is escalating daily.
Robert Reich: What do oil giant BP, the mining company Massey Energy, and Goldman Sachs have in common? They’re all big firms involved in massive plunder. BP’s oil spill is already one of the biggest and most damaging in American history. Massey’s mine disaster, claiming the lives of 29 miners, is one of the worst in recent history. Goldman’s alleged fraud is but a part of the largest financial meltdown in 75 years.
Tom Degan: How ever will they justify continued off-shore drilling in light of what is now happening in the Gulf of Mexico? In just a few short days we’ve gone from a tragedy to a disaster to a full blown catastrophe. It will be more than interesting to see the depths to which the right wing will now stoop in order to trivialize this hideous event. Rush Limbaugh is already floating the idea out to his half-witted “Dittoheads” that this was sabotage on the part of the “eco-nazis”; that some unnamed environmental organization plotted this disaster in order to further their evil socialist agenda.
Friday Feedback: I saw a great sign downtown today in the Immigration Reform March, “Jose didn’t take your job — Goldman-Sachs did.” It is time that those who are having a hard time began to show the courage to blame the ones who have really trampled on them: Goldman-Sachs, Lehman Brothers, Bank of America, Chase, Exxon, BP, and the filthy rich who didn’t get that way by doing the work
I am a resident of Wasilla, Alaska. I have known Sarah since 1992. Everyone here knows Sarah, so it is nothing special to say we are on a first-name basis. Our children have attended the same schools. Her father was my child’s favorite substitute teacher. I also am on a first name basis with her […]