On May 27, 2010, President Obama held a press conference for the first time in 10 months to address the BP Oil Spill which continues to rage in the Gulf of Mexico, threatening the livelihood of thousands of fishermen as well as devastating the ocean for years to come.

Obama actually took responsibility for the blatant corruption in the Government Agencies which have been wined and dined by Big Oil, resulting in a complete lack of oversight to the practices which have allowed BP and other Oil giants to evade proper regulations which ultimately are designed to prevent catastrophes like this from happening.

I have to applaud the President for actually admitting that his administration bares some culpability in perpetuating and continuing the practice of allowing our tax-funded agencies to be unduly influenced by the same industries that they are paid to regulate.

For too long, for a decade or more, there’s been a cosy relationship between the federal agency that permits them to drill, it seems as if permits were too often issued based on little more than assurances of safety from the oil companies. That cannot and will not happen anymore.

I am somewhat skeptical however. I am fully aware that the Bush Administration (and to a lesser extent, the Clinton Admin. before that) made coziness with industry an art-form, yet Obama ran a campaign two years ago that promised to clean up the corrupt practices of W, yet he perpetuated the same practices up until the BP Oil Spill catastrophe brought it to the forefront. continue reading…