Obama announces spill czar
Regardless of what your political affiliation is, you have to agree that our President does one thing extremely well: delegate. With BP’s agreement to put $20 billion in an escrow fund for oil clean-up and claim payments, Barry appointed another czar to oversee its distribution.
Obama said the independent fund will be directed by lawyer Kenneth Feinberg, who oversaw payments to families of victims of the Sept. 11, 2001, terrorist attacks. There will be a three-member panel to adjudicate claims that are turned down.
As I said before, the creation of this fund is great for BP. Now, it’s going to be Feinberg, and ultimately Obama, who is blamed when claims are denied, which they inevitably will be. Doling out money to the victims of 9/11 was easy. Figuring out who has been damaged by the oil spill will be much less clear.
Not surprisingly, some on the far right are equating the creation of another czar with running over grandma. While I don’t care for the czars, since they’re not even accountable to Congress, let alone the American People, at least this one is doing double duty; Feinberg’s already overseeing the bailout payments. And to be fair, someone has to determine who gets what in terms of payouts.
What surprises me is BP’s apparent agreement to give an additional $100 million to compensate oil rig workers laid off as a result of Obama’s knee-jerk 6 month drilling moratorium. Why would BP agree to this? There is little chance, in my opinion, that the men and women put out of work by Obama’s moratorium would be able to collect anything from BP. Plus, I don’t see it helping BP’s P.R. all that much. It just doesn’t seem to add up.
In any event, if the people in the Gulf thought getting paid by BP was tough, wait until they get to tangle with the federal govt.