If you don't see the love between BP and Obama, you're not paying any attention, at all . Here's the rest of the story.

See this headline?

Palin suggests Obama oil ties impede spill cleanup

Here's what we think. It's not about money, it is about promises made behind closed doors. Forget the money Think about that "green image" BP put forward on the television. While you bring back that memory, consider GE and the relationship it has with Mr . Obama. GE owns NBC. It has contracts signed, sealed and delivered for the supply of engines for all those windmills "we" are going to build, 10 or 15 years from now.

Now, read this account from Slate. After reading, drop Palin a line saying, "Thanks for the heads up."

So, let's say BP scientists hit upon a solar energy technology that, after an investment of hundreds of billions of dollars over 20 years, might—might—prove as profitable and effective as oil. And let's say that starting today, BP commits the same amount of resources to solar panels as it does to oil exploration. After a few years without positive returns, shareholders would grow restless. Oil companies that continued simply to pump and refine crude would boast higher profit margins, higher dividends, and lower costs of capital. Since BP's ownership, like that of most giant companies, is diffused among hundreds of thousands of shareholders, it lacks a controlling shareholder who can steer a bold course for the future, the minority shareholders be damned. Capital markets are willing to fund innovation on a large scale—remember Webvan? But they tend to keep managers on a pretty short leash—still remember Webvan? The executives of a publicly held company will find it difficult to justify plowing cash generated by oil into an unproved alternative energy system that would decrease the utility of and demand for oil—especially since BP has already paid for a massive inventory of the stuff . . . . . . . read the full text here.

Look, he is in bed with GE, two auto unions (GM and Chrysler), the CEO's of Fannie and Freddie, the SEIU (a 2.5 million member union helping with his community organization needs) and ACORN. We have the radical misuse of the TARP bill - somewhere between 24 and 30 TRILLION dollars have been channeled through its "doors" with no questions asked. No one investigates. No one cares. Then there is the healthcare bill -- written behind closed doors with 9 to 12 billion dollars in special funding given to those who were hesitant to sign the thing. In fact, this "reform" bill would have never passed through congress without these closed door negotiations.

Our point in all this? Closed doors and secret deals typify the way this administration does business.

And now ?? BP is given a safety award a couple of weeks ago before one of its wells blows up killing 12 men and creating the worst environmental disaster in American history. BP was given permits without due process. Certain inspections were certified for construction procedures NOT properly completed. Finally, in the midst of all the confusion over the details of dealing with this environmental crisis, Obama claims to have no authority over BP. Deals behind closed doors - that is what is going on here. Understand that Obama restricts the salaries of private business executives and ignores the contractual relationships of primary stockholders, stealing away their retirements --- and he has no authority over an operation in Federal waters ???? !!!!

Take it to the bank, deals have been made with BP as suggest with the opening words of this post. Of course, there will be tough talk from Obama, and ------- if the heat gets too intense, Obama will throw BP under the bus, but that does not amend our claim -- jds.
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