Sarah Palin Demands Hardball Regulations and a Takeover of BP
Yes, seriously. Sarah Palin is in favor of the federal government planting its gigantic boot on the throats of energy companies. She put it in writing. Not only that but she even proposed that our socialist, anti-capitalist, wealth-redistributing president call her on the phone so she can describe to him specifically how to impose all kinds of big government regulations against BP and others.
It's about damn time.
I knew if we just continued to make the case for serious government regulation of corporations, we'd finally win some minds and hearts -- even minds as airy, and wolf-snipering hearts as hardened as Sarah Palin's.
Here's the centerpiece of what she wrote:
Unless government appropriately regulates oil developments and holds oil executives accountable, the public will not trust them to drill, baby, drill. And we must!
I can only assume she was suggesting that "we must!" regulate and drill. For the record, we're already drilling offshore, so enough of this hackish "drill, baby, drill" screeching. There are already 3,858 oil and gas platforms operating in the Gulf of Mexico alone, according to NOAA. Here's a convenient map with yellow dots indicating all of the locations where we're already, you know, drilling, baby, drilling:
I understand, however, that most Republicans aren't satisfied and want more drilling. They want the moratorium on new deepwater drilling permits to end, and they want new exploration for oil in heretofore untapped leases all along the entire coast of the United States. The problem is that it would take around 10 years to get platforms online and producing in the areas where there are untapped leases, and the deepwater platforms that are ready to drill now don't have the failsafe mechanisms -- and the regulations Sarah wants -- in place yet. So how about this compromise: we continue to drill with the existing offshore wells, but, as Sarah Palin suggests, we regulate the hell out of them? Once those regulations are in place, maybe we can talk about new offshore leases rather than drilling willy-nilly.
But that doesn't appear good enough for Sarah Palin's southern allies.
Rand Paul, who Sarah endorsed, doesn't want any regulation whatsoever.
Bobby Jindal, when he's not hyperventilating into a bag or begging for taxpayer wealth to be redistributed from elsewhere to Louisiana, is demanding that new deepwater oil platforms be allowed to immediately begin pumping before new regulations are put in place. LinkHere