Quote:
Originally Posted by Slava
I'm nit going to pretend I know about the quest to fix the problem at the bottom of the ocean, and it's true that I view this entirely from the perspective of a potential investor looking for profits. That being said what exactly is Obama not doing that he should be?
As someone else (cowperson) has pointed out he has already called for BP to axe it's dividend (which I find appaling as a supporter of the free market). Really though, what can Obama do here? If the oil continues to spew it's not as though he has a solution that no one else knows about. I don't believe for a second that BP is holding back a solution either.
|
To be honest, I don't find it appalling at all. Obama can
say whatever he likes, and BP will to the same extent
do whatever they think is best for their company and their shareholders. Obama isn't legislating anything, he's simply pointing out that following through on their dividend is some pretty poor optics for a company that is currently responsible for one of the worst ecological crises in history.
As for the person who said that stopping drilling in the arctic is an overreaction: give your head a shake. The U.S. clearly needs to review its regulatory frameworks and the safety standards of the industry before it allows more offshore drilling--especially more new offshore drilling. That's called being
responsible, and I'm glad Obama has the stones to do it--I just hope Congress does too, because they're the ones who are going to have to create the new standards under which drilling can be allowed.