A New Energy Policy

It is hard to believe that in the sixty-plus days since the BP oilrig blew up that no one has coined the phrase Barack Petroleum. A while back, I posted apiece titled Big Fat Lie in which I postulated that the oil rig blow up was a government sponsored conspiracy. I claimed it was a save-face cover for POTUS to rescind his generous relinquishment of off shore drilling. There was no doubt; my theory was so far out it fell into the category of a Big Fat Lie.

As the oil continues to spew into the Gulf and the politics of it begins to unfold, I am leaning to another big fat lie theory. This one has the Administration sending Navy Seals to blow up the rig, but the rationale is different. This time, it is because POTUS wants to take over BP. Why is that? He wants to add an energy company to his growing stable of government controlled or owned companies: Fannie Mae, Freddie Mac, AIG, Goldman Sachs, Student Loan Program, Chrysler, GM, and Health Care Insurance. What else does he want? Perhaps, he will add your soul and mine too.

 POTUS put the gun to BP’s head and extorted twenty billion dollars from them as payment toward the lost wages of the coastal residents. The clean-up costs are extra. A few more payments and he will have another trillion to deposit into a Swiss bank account for retirement. The company will have to give him stock to make a payment like that.

Is it the big fat lie syndrome, or is it I? Is it coincidence? Or, is it Rahm’s theory that every catastrophe becomes an opportunity to build a bigger government? 

Doubledy Talk

“A free market was never meant to be a free license to take whatever you can get, however you can get it,” Obama said to Wall Street. Evidently, taking big money is the sole responsibility of a socialist government. Obama didn’t flinch when he took nearly a million dollars in campaign contributions from Goldman Sachs employees.

POTUS was pushing his new proposal to reform Wall Street. He commented that the reform is much needed to prevent another financial melt-down. I wonder if this bill, just like the one for reconciling differences in budgets, will not be contorted into some other useful “ends justifies the means”  scenario at a later date.

Obama placed all responsibility for the housing crisis on the greed of Wall Street, and their drive to make money. I didn’t expect him to take responsibility for the government’s pressure on Wall Street to give everyone in the country a free house as the real reason for the bubble.

Leadership carries responsibility. That means you take the gas for things that go wrong, unless of course you are leading the greatest country in the world. If you are POTUS you make others take the gas, and never admit to doing anything wrong yourself. You do however, point fingers at the previous administration.