If the government can take over giant global insurer AIG and the auto giant General Motors and replace their CEOs, in order to keep them financially solvent, it should be able to put BP's north American operations into temporary receivership in order to stop one of the worst environmental disasters in U.S. history.--Robert Reich
Robert Reich gives us numerous reasons why BP should not continue to maintain control over the Gulf Oil Clean up. I will add one more reason....the costs of this catastrophe may exceed the total net worth of BP and the American taxpayer and the local small businesses in the gulf region must not be left holding the bag
President Barack Obama needs to take over BP and insure that the BP cover up stops immediately and that the primary goal becomes cleaning up the Gulf Oil Spill regardless of the costs to BP and insure that we get a transparent process.
This needs to be done last week....