Day 66 in the BP disaster and no end in sight and though people are pissed this is not the fault of the President …

MJ is being celebrated all over the country; maybe all over the World and the same ole comments about him being strange and or weird by people in the Media is just wrong because these kids are watching listening to folks who said much worse when he was alive but you know what -what happened to respecting the dead? I will not be watching gone too soon because of the ian halprin connection… It is yet another vehicle to make money off MJ and it’s offensive that he and so many others have done so; he stated the payroll or people still living off MJ is offensive … what do you call what he is doing eh?

Storms are moving in all along the Gulf and the country  … in more ways than we all want to think about. It’s time that Americans stir up their own storms all across the country to tell Senator Ben Nelson and Republicans what they have done is unacceptable and will clearly bring us all back to that day when the President announced over 750thousand jobs were lost per month and destroy the efforts already accomplished.

Today the President will be in Canada at the G20/G8 summit, Italy and France both were eliminated in the 1st round of soccer but the US will be playing Ghana Saturday and the players and coaches all say they will be throwing everything they got at Ghana, Florida closes more beaches due to oil washing on shore. Gov. Jindal has made some comments about the impact that is being made from the previous moratorium that seems odd to me as a mom, worker, and safety-first advocate. It is obvious that those who worked for oil rigs in the area have lost their jobs but who would begrudge a President from wanting to have each well checked for safety given the history that BP seems to have and it apparently is not the best. The Gov of LA stated that the moratorium should be overturned because it would affect their economy. Yes, it is true and the Alabama judge agreed with Governor Jindal. It just seems strange that we have yet to fix the current oil well gushing into the Gulf with Reporters stating that other wells may need to be adjusted and or at least new rules need to be implemented. It is obvious the Feldman decision will be appealed.

The question is -what happens if there is another accident, does that mean Gov Jindal is directly responsible if anything happens? Did you know that only 33 wells out of 36 hundred were placed in moratorium status  and while people would be out of work for 6 months over 3thousand are still functioning and maybe it’s just me but couldn’t the workers from the 33 be distributed to the over 3000 functioning wells to work on? in addition, how strange is it that Jindal and the rest of the Republicans wanted the moratorium overturned because of jobs but they refuse to help the rest of the country with a YES to the jobs bill… talk about hypocrisy.

Reports are that the conferees committee voted to move reform forward and was and are a great achievement but this is not the final vote. It sounds like this committee tried to have courage but felt any true reform might make folks run to other countries to keep their money. The bill will need to go through both Chambers of Congress before a final vote but this is a start to reforming Wall Street which will need adjustments to reflect what is going on in the world as well. I admit it is good that the President was able to take the agreement with him to the summit and just heard this reform was bigger than any other since the depression.

Other News …

C-SPAN …

Conferees Approve financial regulation bill, 27-16 on Thursday evening

The House-Senate conference committee on the financial regulations bill wrapped up its work early today following a marathon 20-hour session. The measure passed out of conference on a party line vote, with 27 Democrats voting for it, and 16 Republicans voting against. In remarks this morning before his departure to Canada for the G-8 summit, President Obama praised the conferess for passing what he said is the “strongest financial reform since the Great Depression.” The legislation now goes back to both chambers for final consideration. The House Conference Chairman Barney Frank (D-MA) said he hopes to see the legislation signed into law by President Obama before July 4th.

Conferees: Part 1 Conferees: Part 2 Conferees: Part 3 Conferees: Part 4
Bill text Bloomberg: Lawmakers Agree on bill AP: Provisions of the financial reform bill

Complete C-SPAN Coverage: Gulf Oil Spill
Adm. Allen Briefing: available later today
AP: Army of undersea robots at work

World Leaders meet to discuss global issues TodayPresident Obama and seven other world leaders are in Canada for the two-day G-8 “Group of Eight” summit. The leaders will likely focus their talks on regional and global issues, disaster relief and health related issues. The countries being represented at the G-8 include: United States, France, Germany, Italy, Japan, the United Kingdom, Canada and Russia. Following the two-day forum will be the larger G-20 meeting, an economic forum summit set up to discuss strategies for restoring global growth, and measures for reforming global trade and financial governance. Globeandmail G-8 and G-20 coverage USA Today: Obama Heads To Summit NYT: Obama Asks G-20 to Maintain Stimulus