Archive for Wed, Jun 16, 2010

Prager H1: BP Must Pay

Prager H1: President Obama addressed the nation last night. His message was essentially this: those bastards at BP will pay (and Democrats will decide who deserves the money). How can an American President compel a private company to turn over billions of dollars?… The President also trots out the old gag that if can “if we can put a man on the moon.” we can create a “green” economy and get off our “addiction” to oil.

Prager H3: Government Extortion

Prager H3: The Administration has essentially extorted $20B from BP. This is a serious blow to free enterprise. Winston Churchill has lost his cigar. The French are making a radical change in their welfare systems, moving retirement age to 62 from 60. Riots are expected. Dennis talks again to Jonathan Alter, senior editor at Newsweek and political analyst for NBC. His new book is The Promise: President Obama, Year One.

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