Today, we are all waiting for the next BP procedure to work. Apparently, the procedure involves a pair of underground scissors that will cut the top, which is bent over; if the procedure does work; a huge opening created though more oil will flow and another attempt to cap it will be made and there are problems with the procedure… stay tuned; BP has reported that no information will be available for 72 hours and while people are feeling hopeless it is important to have some group vibe of positivity; losing hope is just not acceptable. And as folks like Carville, his wife and others scream the President hasn’t done enough; a lot of us prefer a level headed, calm and methodical man in the driver’s seat; that would be … President Obama. I admit that a lot of people want him to get pissed and move BP out-of-the-way and get it done … there are laws some of us clearly do not understand but it makes sense that if the Govt does take over the responsibility of who pays for the Gulf restoration and its people may be misdirected with BP and associates getting out of paying much more than the have currently.
Tuesday was Primary day for Alabama, Mississippi and New Mexico and the final outcomes had some surprises and some common sense endings; what with Davis who helped lead Democrats to a big win in 2008 but has been that representative who voted against health-care and other legislation that some have said are against Democratic Party ideology; RedState has some information about what happened Tuesday below:
Alabama results here.
Mississippi results here.
New Mexico results here
The President will be in Pittsburgh talking about Jobs, the Economy, Spending and getting the information out there being much more transparent than the last guy; on Thursday President Obama will meet with Governor Jan Brewer about the stupid laws that will become official at the end of July. These new laws will make a sane, compassionate person cringe and if you’re a minority, Arizona is clearly a place to stay away from. Yesterday, the governor of Arizona was asked by a News Reporter what she will do if the President feels the laws are unconstitutional or something like that and her response was that she would see them in court, that she has a great record is tough and intends to It is with great pride that i voted for a President who was willing to take on a mess left by a guy who looked the other way, was willing to let top people engage in drugs sex and lies when they wanted; did he know what was going on and just didn’t care or what is that he didn’t know what to do … and that’s simple … reform, regulate and enforce the policies and rule of law but he didn’t and all of our lives have been affected with the mismanagement by the last guy who was supposed to be in charge and acting in the best interest of We the People. It’s now election season and people need to keep Big Banks, AIG’s and Wall Street types out of office.
Other News …
**5people were killed in a shooting spree in rural London
**Amy Knox is being charged for slander against Italian police
**Investigators will check out the underground mine where 29people died
**A Tobacco loophole in child health law lost 250mil
**President Obama may recess appoint “a handful of pending nominees” during the Memorial Day congressional recess, an aide told Roll Call. There is a record-breaking backlog of “more than 100 names” awaiting confirmation, and their outlook “appears grim for the rest of the year” as the Senate calendar is packed.TP
C-SPAN …
Warren Buffett and Moody’s executives testify about 2008 crisis
Last week, Warren Buffett was subpoenaed to testify before today’s Financial Crisis Inquiry Commission. The hearing focuses on the role of ratings firms in the financial crisis and is titled, “Credibility of Credit Ratings, the Investment Decisions Made Based on those Ratings and the Financial Crisis.” Executives from Moody’s, including its current CEO, are also among the witnesses. Mr. Buffett’s Berkshire Hathaway is Moody’s largest shareholder. Responding to questioning, Warren Buffett agreed that there are still risks involved in the derivatives market during today’s Financial Crisis Inquiry Commission hearing. The hearing focuses on the role of ratings firms in the financial crisis and is titled, “Credibility of Credit Ratings, the Investment Decisions Made Based on those Ratings and the Financial Crisis.” Executives from Moody’s, including its current CEO, are also among the witnesses. Mr. Buffett’s Berkshire Hathaway is Moody’s largest shareholder.
FCIC Hearing: Session 1
FCIC Hearing: Session 2
AP: Congress grills Moody’s officials
Federal Probe Underway as Cut and Cap Effort Continues
As a result of the spill, nearly one third of the Gulf of Mexico is closed to commercial and recreational fishing. The National Oceanographic and Atmospheric Administration has closed approximately 76,000 square miles because of oil spreading from the Deepwater Horizon disaster.
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