Friday, July 2, 2010

Republican-Conservatism / Tea Partyism, Support for BP The Obama Administration and Forfeiture, Freezing and Seizure of Assets

Republican-Conservatism / Tea Partyism is out in true form showing it's disdain, condescension and apathy to the state of the working class by it's revulsive support for BP shown by the likes of Joe Barton (R) Texas, Tom Price (R) Georgia, Michele Bachman (R) Minnesota, George F. Will, Conservative writer, the various Tea Party elements and  Rush Limbaugh the drug addict.

Republican-Conservatism / Tea Partyism is showing that it supports the lawlessness and endemic corruption inherent within the corporate structure of the oil industry, by it's amazingly naive criticism of the $20 billion escrow fund, the Obama Administration has secured from BP in response to the BP Gulf Oil Crisis.

Contrary to the criticism, the $20 billion escrow fund secured by the Obama Administration does not go far enough.  The Obama Administration should freeze and seize BP's assets if the premise and allegation is BP committed criminal acts and broke criminal laws, then the Obama Administration should and must do is freeze and seize BP's assets.

If the federal and state governments freeze and seize what are colloquially described as ill gotten gains accumulated during criminal activities as illegal drug enterprises and if BP amassed and accumulated wealth because of criminal acts and broke criminal laws then a $20 billion escrow fund is an idealistic, illogical and farcial response when contrasted with the historical-practice of petty, illegal drug violations resulting in the forfeiture, freezing and seizure of assets and ill gotten gains.

By apropos

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