BP Bailout: Heresy In Louisiana

The Louisiana oil crisis continues unabated. Oil continues to pollute the Gulf and the Obama Administration continues to fiddle while Louisiana suffers.

In addition to being angry with BP and the Obama Administration’s weak response, activists have taken to the street to protest Louisiana’s Senators’ support for a BP bailout. Apparently both Louisiana Senators
decided to cater to the special interests and voted for the Durbin
Amendment to the Financial Reform bill that would increase the profits
of companies like BP by shifting the cost of credit transactions away
from them and forcing consumers to pay for them instead.

Both parties are responsible for the passage of the Durbin Amendment to bailout BP and other big retailers.

But Louisiana voters are more sensitive than most to the impact of the
vote. The House and Senate Conference is now formally meeting on the
Financial Reform bill and activists from Louisiana are right to demand
this egregious giveaway be removed from the bill..