Margaret Carlson Despairs that After Bush-Cheney Big Oil is 'Too Big to Regulate'
Defending Barack Obama against the notion the gulf oil disaster is “Obama’s Katrina,” Carlson, a columnist for Bloomberg News, argued on the weekly Friday night program hosted by Al Hunt:
The government is prepared for natural disasters, as in Katrina, if government is willing to act - which it wasn't in Katrina. Corporate disasters are another matter. The government doesn't have the equipment or the expertise. They can only oversee it.Her confusingly-titled May 27 column for Bloomberg, “That Damn Leak Can’t Blame Obama for Katrina,” begins: “Big government? Bring it on, to borrow the words of our previous commander-in-chief.”
And by the way, you know in a natural disaster government has an agency. We don't have an agency. What we had was eight years of the Bush-Cheney administration removing regulations. Now the oil industry is too big to regulate.