Monday, June 21, 2010

"Is Obama's BP Shakedown an Impeachable Offense?"

By Raymond Richman

"BP announced early after the spill that it would pay all justifiable claims resulting from the disastrous oil spill. It opened 25 claims offices. As of June 15, BP approved initial payments that amounted to $63 million, expected to rise to $85 million by the end of the week, to businesses claiming $5,000 or more in damages. Why did the President insist that his own personal organization take over the job of paying claims? After all, supervising reparations is a judicial function, not an executive function. BP created its own fund and appointed its administrator and determined how it will be staffed with a view to ensuring only qualified persons, businesses, and governments would be reimbursed for its losses. Now those decisions will be made politically."

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