Apart from the fact that last night's address from the Oval Office was nothing more than a PR campaign for the cap-and-trade energy tax scheme, Barack Obama's false reassurances to the residents of the Gulf coast show that either he lied or he is terribly misinformed. At this point in the disaster it is way too early to provide reassurances to anyone, anywhere. The reason is clear and dire. The Gulf oil disaster is much worse than anyone will admit, and the repercussions for human life could be potentially catastrophic. Obama repeatedly asserted that the disaster will not destroy the...