http://tpmlivewire.talkingpointsmemo.com/2010/06/house-conservatives-call-escrow-account-chicago-style-shakedown.php?ref=fpaHouse Conservatives Call Escrow Account 'Chicago Style Shakedown'
We all agree that BP should be held fully responsible for its complicity in the oil tragedy in the Gulf," said Chairman Price. "In fact, BP has already begun paying claims. Any attempt by the company to sidestep that responsibility should be met with the strongest legal recourses available. However, in an administration that appears not to respect fundamental American principles, it is important to note that there is no legal authority for the President to compel a private company to set up or contribute to an escrow account.
BP's reported willingness to go along with the White House's new fund suggests that the Obama Administration is hard at work exerting its brand of Chicago-style shakedown politics. These actions are emblematic of a politicization of our economy that has been borne out of this Administration's drive for greater power and control. It is the same mentality that believes an economic crisis or an environmental disaster is the best opportunity to pursue a failed liberal agenda. The American people know much better.
Chicago style shakedown, I like it. You'd think Obama was a mob boss the way he is talked about, although I guess you could consider someone like Henry Waxman an enforcer considering he can bring companies to their knees running them ragged through a Washington dog and pony show.
I wonder if somewhere Bush and Cheney are kicking themselves for showing BHO the ropes when it comes to concentrating power in and running an extremely muscular executive branch that shows little interest/deference to Congress or the American people as a whole.
BHO has certainly picked up that baton and run with it, except in his case he is using it to knee cap corporations instead of terrorists and dictators he doesn't like.
