Looks Like Obama Is Going To Have Taxpayers Pay For Laid Off Oil Rig Workers

It's starting and the ulitmate cost to the U.S. Taxpayer will be enormous:  "President Barack Obama has asked Congress for legislation for a program to provide unemployment assistance for such workers." Here's the article link:  Take That, Taxpayers. 

While the Administration is posturing as if they are going to seek compensation from BP for the expense of supporting the laid-off rig workers, we all know how this is going to end.  Quite frankly, it now appears that Obama's Presidency is in the full downward spiral of failure.  His management of the oil spill disaster could well be, to this point, his coup de grace.

I have maintained from the beginning that:  1)  BP would lie and cover-up for as long as possible the true amount of damage occurring - so far this view is supported by many facts that have emerged;  2) the cost of the is disaster would ulitmately be in the several hundreds of billions, all things considered - like the economic damage to the Gulf States and ultimately to the U.S.; 3) that Obama should have seized BP's assets and assumed the management of the operations for the sole purpose of paying for this disaster;  4) ultimately, the U.S. taxpayer would bare most of the expense.  So far I have yet to see any indication that any part of my view is wrong.

On an unrelated note, the last Englishman to win Wimbeldon:  Fred Perry in 1936.