[quote=SK in CV][quote=captcha][quote=Eugene] Now that it happened, neither the government, nor the private sector know how to close it. That’s not incompetence, that’s a simple fact of nature.[/quote]
That’s easy – Obama should nationalize local BP operations and either use Executive Order or take a deep breath, dive down and close the spill.[/quote]
I don’t know if this is a joke or not, other than the last few words. How would nationalizing BP solve anything?[/quote]
It was a joke.
But the guy who teaches public policy at Berkeley did not sound like he is joking the other day.
If the government can take over giant global insurer AIG and the auto giant General Motors and replace their CEOs in order to keep them financially solvent, it should be able to put BP’s North American operations into temporary receivership in order to stop one of the worst environmental disasters in U.S. history.