In a sharply critical assessment of President Obama's handling of the BP oil spill crisis, the influential British news weekly The Economist has dubbed the U.S. President "Vladimir Obama," concluding: "The collapse in BP's share price suggests that he has convinced the markets that he is an American version of Vladimir Putin, willing to harry firms into doing his bidding."

Ralph ReilandHow quickly the magic and arrogance has turned into mismanagement and excuses.

Cinching his party’s nomination on the night of June 3, 2008, a pumped up Barack Obama concluded his triumphal St. Paul, Minn., speech by declaring, “I am absolutely certain that generations from now, we will be able to look back and tell our children that this was the moment when we began to provide care for the sick.”

Jack KennyIt has been widely reported that Rep. Joe Barton has embarrassed the Republican Party. That by itself might be considered a monumental achievement, given what it usually takes to embarrass politicians these days. But Barton's offense is most egregious. He apologized to BP (formerly British Petroleum) for what the Texas Republican characterized as a "shakedown" by President Obama in getting the company to agree to put $20 billion into an escrow account for the compensation of victims of damage done by the explosion at BP's Deepwater Horizon rig and the massive and ongoing spillage of oil off the coast of Louisiana.

Sometimes you can read a book that will change your mind on some fundamental issue. Rarely, however, is there just one page that can undermine or destroy a widely-held belief. But there is such a page — page 77 of the book Out of Work by Richard Vedder and Lowell Gallaway.
The big oil spill in the Gulf of Mexico is bad enough in itself. But politics can make anything worse.

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