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The Power of the Presidency

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mystieus Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-17-10 05:51 PM
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The Power of the Presidency
 
Run time: 02:28
https://www.youtube.com/watch?v=-NcTaL8FOaA
 
Posted on YouTube: June 17, 2010
By YouTube Member: lauraflanders
Views on YouTube: 7
 
Posted on DU: June 17, 2010
By DU Member: mystieus
Views on DU: 333
 
President Obama's announcement that BP would set aside $20 billion in a fund for victims of the Gulf spill is a welcome relief to communities where businesses and homes have been destroyed. The total amount needed to compensate, however, is being estimated at closer to $60 billion. Obama swears the 20 is not a cap -- I guess we'll see. More to the point: Since the president had no legal basis to demand the set aside, on what basis did he extract those billions?
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