You don't need to agree with everything Rep Joe Barton said about the $20 Billion fund that the Administration squeezed out of BP to realize that it's a problem. We have laws to assess liability and hold the responsible party accountable. BP, in an effort to minimize it's liability, has every incentive to spend its own money now to prevent greater damage and costs later. The purpose of the 'fund' was political: to allow the Administration to have a desperately needed win and BP to be endorsed by Obama for doing something right. Once again the fascist short-cut is taken so the politics can be optimized.
We didn't use to run our country like a banana republic. The more we do, the more we undermine what makes us special.
Mike Barone has more.
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