Thursday, June 10, 2010

BP Is Clueless

CNN reports: "BP's U.S. shares rallied Thursday after the London-based company said "is not aware of any reason" for a 16% plunge in the shares the day before....

Meanwhile, on USA Today, Gov. Mitt Romney reminds us, "We need a leader, not a politician."

Has it come to this again? The president is meeting with his oil spill experts, he crudely tells us, so that he knows "whose ass to kick." We have become accustomed to his management style — target a scapegoat, assign blame and go on the attack. To win health care legislation, he vilified insurance executives; to escape bankruptcy law for General Motors, he demonized senior lenders; to take the focus from the excesses of government, he castigated business meetings in Las Vegas; and to deflect responsibility for the deepening and lengthening downturn, he blames Wall Street and George W. Bush....

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