"Holding a company accountable for their actions isn't the same thing as "extorting them for money"" No it isn't when the legal system does it, which is one reason we have laws and a legal system, however when a President does it, it can be extortion.
"Keep in mind BP didn't mount an enormous argument against Obama's demands,"
Do you have a copy of the conversation that went on between Obama and BP??
BP already had the account ready and the funds set aside. Obama did nothing that had not been established, he showed for photo opportunity, hence the 20 minute discussion. The extortion if one is to look at it that way is that Obama and crew are in charge of the money.
A Brand of “Independence” Only Obama Could Love:
"... BP had already pledged they would pay for all ... Obama's “gun to the head' is nothing but a political ploy to ..."
Hi Ordinary...do you suppose that the US citizenry will bestow the same treatment on their elected officials when the magnitude of our nations indebtedness hits home? What if they don't pass a jobs bill? What if they do pass a jobs bill? When do we reach that tipping point where the Treasury and FED don't control interest rates; no matter their respective policies? Greenspan believes it's fast approaching. Have you bought your front row ticket?
Many circus spectacles are coming into focus theses days.
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