Robert Reich - Government Should Take Over BP
This Is America Not Socialist Venezuela
On Wednesday's Rick's List, CNN's Drew Griffin pressed former Clinton administration official Robert Reich on his call for a federal takeover of BP and its efforts against the Gulf oil leak. Griffin stated that the Democrat's idea "sounds not only highly illegal...but seems to me to smack of something that we might see in Venezuela"
Griffin brought on the current University of California, Berkeley professor to discuss his proposal, which he first made in a May 31 column. After summarizing Reich's position, that it was "time for the government to seize control of BP and take over the company's oil spill recovery efforts in the Gulf," Griffin bluntly asked the former labor secretary, "I've got to tell you, I have always considered you a very serious person, but this doesn't sound serious to me at all. Are you serious about this, or was this some kind of a joke to get things going?" When Reich made it clear that he was being completely serious, Griffin upped the ante: "But to take over a company like this sounds not only highly illegal and counterproductive, but seems to me to smack of something that we might see in Venezuela or in Russia under Putin." The Democrat brushed Griffin's concern aside: "Oh, please- you know...a temporary receivership is not a wild legal remedy. In fact, it's undertaken...quite often, and even without statutory authority....I'm not suggesting the President do this if there's no statutory authority, no congressional action. But even without statutory authority, you've had presidents like Harry Truman take over the entire steel industry in a national emergency." America, Reich was in Clinton’s administration and is now a college professor. He is advocating a socialist takeover of another industry as Barack Hussein Obama has already done with two auto companies and the banking industry. The lefts objective with Obama as leader is to make America a 3rd world socialist country. Election 2010 is important for “We the People” to take America back from these socialists. Comment here and email us at YourVoice@speaknowconservatives.org.
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