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Line 64: − + + + − ==Obama Reaction== − During his time in the Senate and while running for president, [[Obama]] received a total of $77,051 from [[British Petroleum]] (BP)<ref>http://www.marketwatch.com/investing/stock/BP?view=detail&siteid=nwhwk</ref> and is the top recipient of BP Political Action Committee and individual money over the past 20 years, according to financial disclosure records. − <ref>[http://rawstory.com/rs/2010/0505/obama-biggest-recipient-bp-political-action-money-20-years Obama is biggest recipient of BP’s political action cash in the last 20 years] John Byrne, 5 May 2010. Retrieved from rawstory.com 9 May 2010.</ref> − Likewise, the [[Center for Responsive Politics]] noted "the “top recipient of BP-related donations during the 2008 cycle was President Barack Obama himself, who collected $71,000.” <ref>[http://blogs.abcnews.com/politicalpunch/2010/05/white-house-idea-that-bp-given-special-exemption-because-of-campaign-cash-to-obama-silly-and-ridiculous.html?cid=6a00d8341c4df253ef0134807669a3970c]</ref> Obama, via the [[Department of the Interior]]’s [[Minerals Management Service]] granted BP’s lease at [[Deepwater Horizon]] a “categorical exclusion” from a detailed environmental impact analysis under the [[National Environmental Policy Act]].<ref>[http://blogs.abcnews.com/politicalpunch/2010/05/white-house-idea-that-bp-given-special-exemption-because-of-campaign-cash-to-obama-silly-and-ridiculous.html?cid=6a00d8341c4df253ef0134807669a3970c]</ref>.
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== Deepwater Horizons ==
== Deepwater Horizons ==
On [[Earth Day]] 2010, a British Petroleum-leased oil drilling rig sank to the bottom of the [[Gulf of Mexico]] two days after it exploded, creating what has been described as the "worst environmental disaster in [[American History Lectures|US history]]."<ref>[http://www.examiner.com/x-33986-Political-Spin-Examiner~y2010m4d29-Worst-environmental-disaster-in-US-history-Oil-slick-in-Gulf-of-Mexico-is-set-on-fire Worst environmental disaster in US history,] Maryann Tobin, ''Examiner'', April 29, 2010.</ref>
On [[Earth Day]] 2010, a British Petroleum-leased oil drilling rig sank to the bottom of the [[Gulf of Mexico]] two days after it exploded, creating what has been described as the "worst environmental disaster in [[American History Lectures|US history]]."<ref>[http://www.examiner.com/x-33986-Political-Spin-Examiner~y2010m4d29-Worst-environmental-disaster-in-US-history-Oil-slick-in-Gulf-of-Mexico-is-set-on-fire Worst environmental disaster in US history,] Maryann Tobin, ''Examiner'', April 29, 2010.</ref>
Nobel Laurette in Economics, Dr. [[Paul Krugman]],<ref>[http://nobelprize.org/nobel_prizes/economics/laureates/2008/ Economics 2008.] Retrieved from Nobel.org 10 May 2010.</ref> who has been highly critical of Obama [[Obama administration corporate bailouts|economic policy]]<ref>[http://www.businessandmedia.org/articles/2009/20090331151429.aspx Krugman Garners Newsweek Cover for Left-Wing Criticism of [[Obamunism|Obamanomics,]] ] Julia A. Seymour, ''Business & Media Institute'', 3/31/09.</ref> wrote in his regular ''New York Times'' opinion column, ''Conscience of a Liberal,''
Nobel Laurette in Economics, Dr. [[Paul Krugman]],<ref>[http://nobelprize.org/nobel_prizes/economics/laureates/2008/ Economics 2008.] Retrieved from Nobel.org 10 May 2010.</ref> who has been highly critical of Obama [[Obama administration corporate bailouts|economic policy]]<ref>[http://www.businessandmedia.org/articles/2009/20090331151429.aspx Krugman Garners Newsweek Cover for Left-Wing Criticism of [[Obamunism|Obamanomics,]] ] Julia A. Seymour, ''Business & Media Institute'', 3/31/09.</ref> wrote in his regular ''New York Times'' opinion column, ''Conscience of a Liberal,''
"The oil spill is Obama's fault."<ref>[http://krugman.blogs.nytimes.com/2010/04/30/the-oil-spill-is-obamas-fault/?src=twt&twt=NytimesKrugman The Oil Spill Is Obama’s Fault,] Paul Krugman, ''New York Times '' Op-Ed, April 30, 2010,</ref>
"The oil spill is Obama's fault."<ref>[http://krugman.blogs.nytimes.com/2010/04/30/the-oil-spill-is-obamas-fault/?src=twt&twt=NytimesKrugman The Oil Spill Is Obama’s Fault,] Paul Krugman, ''New York Times '' Op-Ed, April 30, 2010,</ref>
== British Petroleum ==
During his time in the Senate and while running for president, [[Obama]] received a total of $77,051 from British Petroleum (BP)<ref>http://www.marketwatch.com/investing/stock/BP?view=detail&siteid=nwhwk</ref> and is the top recipient of BP Political Action Committee and individual money over the past 20 years, according to financial disclosure records.
<ref>[http://rawstory.com/rs/2010/0505/obama-biggest-recipient-bp-political-action-money-20-years Obama is biggest recipient of BP’s political action cash in the last 20 years] John Byrne, 5 May 2010. Retrieved from rawstory.com 9 May 2010.</ref>
Likewise, the [[Center for Responsive Politics]] noted "the “top recipient of BP-related donations during the 2008 cycle was President Barack Obama himself, who collected $71,000.”<ref>[http://blogs.abcnews.com/politicalpunch/2010/05/white-house-idea-that-bp-given-special-exemption-because-of-campaign-cash-to-obama-silly-and-ridiculous.html?cid=6a00d8341c4df253ef0134807669a3970c]</ref> Obama, via the [[Department of the Interior]]’s [[Minerals Management Service]] granted BP’s lease at [[Deepwater Horizon]] a “categorical exclusion” from a detailed environmental impact analysis under the [[National Environmental Policy Act]].<ref>[http://blogs.abcnews.com/politicalpunch/2010/05/white-house-idea-that-bp-given-special-exemption-because-of-campaign-cash-to-obama-silly-and-ridiculous.html?cid=6a00d8341c4df253ef0134807669a3970c]</ref>
==Environmental disaster ==
==Environmental disaster ==
The disruption of shipping traffic in and out of the Port of [[New Orleans]] will impact barge, container, and tanker traffic in the Mississippi Delta and along the [[Mississippi River]]. Prices of all types of commodities would affected,
The disruption of shipping traffic in and out of the Port of [[New Orleans]] will impact barge, container, and tanker traffic in the Mississippi Delta and along the [[Mississippi River]]. Prices of all types of commodities would affected,
==Insurance industry==
=== Insurance industry ===
British Petroleum (BP), the operator on the oil drilling lease with a 65% stake, insured itself, rather than buying coverage from insurance companies.
==Other Liberal Reaction==
==Other Liberal Reaction==