Remember – Rep. Waters reveals intention to “takeover” oil industry
UPDATED: The Politico reveals today that the White House is in a “panic” over Obama’s poor response to the on-going oil leak in the Gulf of Mexico.
One senior administration official said…
There is no good answer to this. There is no readily apparent solution besides one that could take three months. …if it doesn’t show the impotence of the government, it shows the limits of the government.
Emphasis added. Mark Hemingway comments on Politico’s reporting here.
In the context of this White House statement and the oil leak, it is worth remembering Rep. Maxine Water’s warning to Shell President Hofmeister, which she issued during a House Committee hearing on May 22, 2008 regarding rising oil prices. Video below the fold.
Rep. Waters states…
And guess what this liberal would be all about. This liberal will be all about socializ…. Ugh um [pause] will be about [longer pause] basically, taking over [pause] and the government running all of your companies.
Oops…
UPDATES: “Drilling expansion dead in US Congress -Sen Nelson” Great!
Finally: “BP Begins Drilling Relief Well at Gulf Oil Spill“
“Offshore Drilling Amendments Could be Offered on Financial Reform Bill”
“Hoyer Says Drilling Advocates May Be ‘Chagrined’ After BP Spill”
Posted: May 4th, 2010 under News, Newsworthy, Video.
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[...] how to clean up this mess. A “panicked” White House was slow to react last week and one senior administration official said “there is no good answer to this. There is no readily apparent solution besides one that [...]