Friday, June 18, 2010

FRIDAY: Energy for the fight.

BP CEO Tony Hayward spent the day yesterday getting barraged with questions from the House Energy and Commerce subcommittee. Hayward managed to cap the flow of information with surprising efficiency.

Liberal Democrats in the Senate are threatening to vote against energy legislation if it does not do anything to address global climate change. Authors of the bill argue that it does, calling climate change, "bad?" and demanding that "awkward conversations be had with skeptical relatives." After compromising on health care reform and financial regulation, the more left-leaning legislators feel like they have given up enough. They insist that carbon should be made illegal entirely, with the possible exception of the 18% making up the human body.

According to the Office of Management and Budget, around $182 million in payments have been sent to dead people over the last three years. President Obama is instructing the Treasury Department to establish a "Do Not Pay" database so that money can be saved, and used to bring financial institutions back to life.

Secretary of State Hillary Clinton told an Ecuadorian television station that the Department of Justice will be filing a suit against Arizona's tough new immigration law. The White House is not denying the claim, which Sec. Clinton made as part of her "I Don't Give a Shit About Confidentiality" Tour through South America.

Enjoy weekending.

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