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  •  » Assuming Power He Really Doesn't / Shouldn't Have

#1 2010-06-16 03:21:49

Jefferson
Completely Blotto
From: East Coast, USA
Registered: 2006-12-03
Posts: 449

Assuming Power He Really Doesn't / Shouldn't Have

Commentary: Obama’s Speech Raises Question: Where Does He Get the Authority to ‘Inform’ a Private Company—BP or Any Other—That It Must Surrender Its Money?
Tuesday, June 15, 2010
By Terence P. Jeffrey, Editor-in-Chief


CNSNews.com) - In his first-ever address from the Oval Office on Tuesday night, President Barack Obama said he was going to “inform” the chairman of BP that he must surrender the company’s money to an independent party that will distribute it to people and businesses determined to have been harmed by the oil spill in the Gulf of Mexico.

The president’s declaration raises a serious constitutional question about his authority: Where does the president get the lawful power to order any private-sector company—BP or any other—that it must surrender its money? Should not courts and normal legal proceedings determine who is responsible, who has been harmed, and who owes what to whom in regards to the Gulf oil spill?

Leaving aside BP's relative popularity or lack of it today, if President Obama, on his own initiative, can tell a corporation to surrender its money because he has determined its culpability in an oil spill, under what other circumstances can Obama or any future American president tell a corporation or a private citizen to surrender money?

What rights do the stockholders in BP have to due process of law to protect their property? The Fifth Amendment to the Constitution says: "No person shall be … deprived of life, liberty, or property, without due process of law; nor shall private property be taken for public use, without just compensation.”

Does Obama think he can “inform” persons and corporations to surrender or exchange their property without due process of law?

Will Congress, the legislative branch of the federal government, have a say before Obama takes uniliteral executive action in regard to how the government treats BP? Congress never did give him legislative authority to have the federal government take ownership of General Motors.

“Tomorrow,” Obama said, “I will meet with the chairman of BP and inform him that he is to set aside whatever resources are required to compensate the workers and business owners who have been harmed as a result of his company’s recklessness.  And this fund will not be controlled by BP. In order to ensure that all legitimate claims are paid out in a fair and timely manner, the account must and will be administered by an independent third party.”

Tomorrow there will also be serious and legitimate questions about Executive authority under the U.S.Constitution that the White House needs to answer and responsible members of Congress need to ask.

http://www.cnsnews.com/news/article/67814

WHAT THE FUCK!!!!!??!?!?!?!?!?!??!?!

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#2 2010-06-17 05:40:18

Storymaster69
Completely Blotto
From: Alberta, Canada
Registered: 2006-11-07
Posts: 329

Re: Assuming Power He Really Doesn't / Shouldn't Have

Other than posturing really what can he do?  BP (Britsh Petrolium) is afterall a multi-national company that is not even head quartered in the US?  Can he some how unilaterally say they can no longer conduct business in the US if they do not comply?  If so what if BP tells him to stuff it up his ass and decides to just walk away and actually pull out.  How many jobs would that mean would be lost?

Just an extra thing to ponder.


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#3 2010-06-17 06:49:35

Eric Storm
Pub Owner
From: New Port Richey, FL
Registered: 2006-09-12
Posts: 5751
Website

Re: Assuming Power He Really Doesn't / Shouldn't Have

SM, this guy just put tens of thousands of people out of work.  Do you honestly think he cares how many people are hurt?

(Before you ask how he did that, he put a six-month moratorium on ALL offshore drilling.  Those people are now out of work.)

Eric Storm


Please Remember:  The right to Freedom of Speech does not carry the proviso, "As long as it doesn't upset anyone."  The US Constitution does not grant you the right to not be offended.  If you don't like what someone's saying... IGNORE THEM.
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#4 2010-06-17 17:46:35

Jefferson
Completely Blotto
From: East Coast, USA
Registered: 2006-12-03
Posts: 449

Re: Assuming Power He Really Doesn't / Shouldn't Have

And no, SM, Obama can't FORCE BP to do this fund, it's well outside his presidential powers. He would have to go through the courts and get a judge to agree with him to FORCE BP to do it. But really, what choice does BP have? If they don't agree, the news media, here in the states anyway, and probably around the world, would crucify them. There's already calls to boycott BP until they get the mess cleaned up.

(This is something that makes no sense to me. We want this company to clean up the mess they made, and rightly so, but in order to clean up the mess, they need money, probably hundred of millions, maybe billions, of dollars and the environmentally hard core among us are calling for a boycott to cut off BP's supply of money? This makes sense how?)

If BP wants to keep it's standing in the public eye, they go along or they get crucified.... And they did. BP agreed yesterday morning.

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#5 2010-06-17 18:03:47

lordalpha
Wasted
From: North Carolina
Registered: 2007-01-26
Posts: 139

Re: Assuming Power He Really Doesn't / Shouldn't Have

Considering that BP has about as much favor with the American public as the national socialist party these days, I doubt they can do all that much more to increase their favor.

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