Is the benefit of the extra oil we will get from deepwater drilling (half a year's worth of additional crude) worth the environmental risks of another major accident? The Obama administration has obviously decided yes.
We have endured two cataclysms in which a regulatory agency failed to meet even the minimum requirements for doing its job. Where will the next disaster occur? At the FDA? The Nuclear Regulatory Commission?
We should allow our top national law officer, the Attorney General of the United States, to step in and clean house whenever an agency or element of government is no longer credibly independent of the industry it is intended to regulate.
As a former oil rig roughneck, country star Trace Adkins is unhappy with BP's "company man" mentality and the media's portrayal of his former profession, and insists the president, despite his rhetoric, is powerless.
Can those favoring small government now legitimately claim we need bigger government in order to fix this problem? You can't have it both ways unless you expect the American public to have amnesia. We're not fooled this easily.
Top Obama administration officials refuse to change their opinions in the slightest; they have dug in behind the idea that they represent the moderate center on banking policy. This is a weak position.