Barack Obama's very good week
Getting BP to cough up a $20 billion escrow fund paid off politically in more ways than one. Plus: Apologize to BP!
By Joan Walsh
Salon.com
Talk about snakebit: Peggy Noonan chose Friday to publish a column writing off President Obama off as an unlucky president, comparing him to Jimmy Carter, just when his presidency has a little spring back in its step. Its title is luscious: "A Snakebit President: Americans want leaders on whom the sun shines."
The sun seemed to shine on Obama this week. It's true his Tuesday night speech wasn't his best, but that's because it lacked the news he was able to reveal Wednesday: That BP had agreed to create a $20 billion escrow fund to compensate the victims of its Gulf oil disaster, to have it administered by the tough Kenneth Feinberg of the 9/11 fund, and also to put off paying shareholder dividends through the end of the year.
And on Thursday, Obama got relief from the harsh, unnatural media glare in the wake of the disaster, which had landed upon him in the absence of any other visible hero or villain in the mess, when Tony Hayward testified before the House Energy and Commerce Committee. Hayward's constant insistence that he either didn't know or couldn't recall ... virtually anything he was asked, finally made clear there is one leader whose lack of preparedness can be blamed for the crisis, and his name is Tony Hayward.
(Continued here.)
By Joan Walsh
Salon.com
Talk about snakebit: Peggy Noonan chose Friday to publish a column writing off President Obama off as an unlucky president, comparing him to Jimmy Carter, just when his presidency has a little spring back in its step. Its title is luscious: "A Snakebit President: Americans want leaders on whom the sun shines."
The sun seemed to shine on Obama this week. It's true his Tuesday night speech wasn't his best, but that's because it lacked the news he was able to reveal Wednesday: That BP had agreed to create a $20 billion escrow fund to compensate the victims of its Gulf oil disaster, to have it administered by the tough Kenneth Feinberg of the 9/11 fund, and also to put off paying shareholder dividends through the end of the year.
And on Thursday, Obama got relief from the harsh, unnatural media glare in the wake of the disaster, which had landed upon him in the absence of any other visible hero or villain in the mess, when Tony Hayward testified before the House Energy and Commerce Committee. Hayward's constant insistence that he either didn't know or couldn't recall ... virtually anything he was asked, finally made clear there is one leader whose lack of preparedness can be blamed for the crisis, and his name is Tony Hayward.
(Continued here.)
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