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Robert Reich: Why Obama Should Put BP Under Temporary Receivership
Wall Street Pit ^ | May 31, 2010 | Robert Reich

Posted on 05/31/2010 8:32:32 AM PDT by maggief

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To: maggief

Why obama should be put into solitary confinement once we throw his worthless hide out of our White House.....


41 posted on 05/31/2010 8:51:12 AM PDT by Howie66 (I can see November from my house.)
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To: AU72

Don’t forget student loans so they can indoctrinate young skulls full of mush.


42 posted on 05/31/2010 8:51:13 AM PDT by ProtectOurFreedom
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To: maggief
Isn't BP a foreign company? How can the U.S. government even do something like this? Of course, Obama hates England, anyway (too many white people), so I'm sure he wouldn't care about kicking more sand in their faces.
43 posted on 05/31/2010 8:52:28 AM PDT by Major Matt Mason (ClimateScandal.org)
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To: Common Sense 101

My thoughts about BP mirror yours here. What part of BRITISH Petroleum does Robert Reich not understand. I certainly wouldn’t put it past this regime to try it but the Brits may take issue.


44 posted on 05/31/2010 8:52:43 AM PDT by MCCC
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To: maggief
"This is the only way the public know what’s going on, be confident enough resources are being put to stopping the gusher, ensure BP’s strategy is correct, know the government has enough clout to force BP to use a different one if necessary, and be sure the President is ultimately in charge."

No, Robert, your summation should read:

"This is the only way the government can keep the people from knowing what's going on . . . ."

And, why, pray tell, would any American feel better by knowing that a young person who has no executive experience in the very smallest unit of a business enterprise is "in charge" of such a massive undertaking?

Such a statement reveals the depth of the ignorance of the "experts" of the Far Left.

45 posted on 05/31/2010 8:53:26 AM PDT by loveliberty2
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To: M Kehoe; All

Reich is a law professor too.

This is a blatent taking without due process. The man is 100% clueless and this is just evidence that the left has no place in law school. Membership in the Obama administration anything should disqualify any person from being a law professor.

The government prohibited pushing up SAND BURMS to prevent the oil from hitting the marshes.


46 posted on 05/31/2010 8:53:29 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: MCCC

Could be they’re in on it, after all, any play we in the stands see has been worked out long before.


47 posted on 05/31/2010 8:55:00 AM PDT by norraad ("What light!">Blues Brothers)
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To: bsf2009

That was my thought from DAY 1!


48 posted on 05/31/2010 8:55:34 AM PDT by RebelTXRose
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To: Tolsti2
There's a name for it -- "Expropriation." Wikipedia...

Expropriation is politically motivated and forceful confiscation and redistribution of private property outside the common law.

Unlike eminent domain or laws regulating the foreign investment, expropriation takes place outside the common law and is the socially-motivated confiscations of any property rather than confiscations of real estate. The term appears as "expropriation of expropriators (ruling classes)" in marxist theory, or as slogan "Loot the looters!", very popular during Russian October Revolution.


49 posted on 05/31/2010 8:56:35 AM PDT by ProtectOurFreedom
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To: maggief

I thought BP was a UK Corporation.


50 posted on 05/31/2010 9:00:28 AM PDT by Old Retired Army Guy (tHE)
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To: maggief

Yeah, Reich - another libtard looser who’s never had a real job ‘cuz he’s never had an idea.

Libtard clowns couldn’t make light given a match and a candle.


51 posted on 05/31/2010 9:03:34 AM PDT by Da Coyote
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To: maggief

Reich has been sent out to pave the rhetorical way for yet another Fascist takeover.


52 posted on 05/31/2010 9:03:47 AM PDT by Paine in the Neck (Napolean fries the idea powder.)
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To: Windflier

Stand up,Bob. Oh,you....


53 posted on 05/31/2010 9:05:01 AM PDT by Dr. Ursus
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To: maggief

Robert Reich is a dwarf.

And no, I’m not talking about his physical stature.


54 posted on 05/31/2010 9:06:43 AM PDT by EternalVigilance (BO: thinking about how to get you to think about him & how much he's thinking about what you think.)
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To: LS
Why shouldn’t BP put the gubment under temporary receivership? BP is doing more to stop the leak than Bambi.

My thoughts exactly.

Folks, he'll WAIT until BP stops the leak, then be a bad ass.

55 posted on 05/31/2010 9:06:44 AM PDT by riri
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To: Old Retired Army Guy

“I thought BP was a UK Corporation.”

http://www.newsweek.com/2010/05/07/slick-operator.html

EXCERPTS

The Obama administration has promised to “keep the boot on the throat” of the giant British company, as White House Press Secretary Robert Gibbs put it.

(snip)

BP was once known as British Petroleum, but the company changed its name in 2000 to project a more environmentally friendly image, saying the initials stood for “Beyond Petroleum.” Hayward deserves credit for improving on the legacy of former chairman John Browne, whose efforts in acquisition and cost cutting left serious questions about BP’s safety and environmental policies. Part of Hayward’s effort, however, was to increase the company’s lobbying “exponentially” in Washington and to dilute new laws on the prevention of oil-spill pollution in 2009, says Dave Levinthal of the Center for Responsive Politics. At times BP has enlisted powerful Washington types like Leon Panetta (now CIA director), George Mitchell (now Obama’s Middle East envoy), Christine Todd Whitman (the former EPA administrator), and Tom Daschle (the former majority leader) to serve on its various boards of advisers and “independent” panels. In his rounds on Capitol Hill last week, Hayward was escorted by a former aide to Ted Kennedy who now works for the Brunswick Group, a powerhouse public-relations firm recently hired by BP to help it deal with the oil-spill crisis.


56 posted on 05/31/2010 9:09:04 AM PDT by maggief ((Fair use))
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To: maggief
Robert Reich: Why Obama Should Put BP Under Temporary Receivership

Is Reich pushing for the oil spill NOt to be fixed till next year? Everything 0bama takes over leads to ruin. He is the most incompetent president ever.

57 posted on 05/31/2010 9:16:07 AM PDT by SmokingJoe
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To: maggief

This should please Maxine Waters.


58 posted on 05/31/2010 9:16:51 AM PDT by Madame Dufarge
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To: Windflier

Remember he was on PBS advocating a $20 per hour minimum wage.

(from each to each etc..)


59 posted on 05/31/2010 9:17:46 AM PDT by longtermmemmory (VOTE! http://www.senate.gov and http://www.house.gov)
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To: maggief

Un-freaking-believable! Banking, the auto industry, the housing mortgage and investment industries, and, now, the energy industry.

The Mad March to Marxism has become the Sprint to Socialism.

This is truly alarming. It moves us closer and closer to the ultimate reset button of America.

It’s time to take back the country.


60 posted on 05/31/2010 9:18:00 AM PDT by PubliusMM (RKBA; a matter of fact, not opinion. 01-20-2013: Change we can look forward to.)
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