I know we have heard that the oil disaster was facilitated by those mysterious "deregulations". That the previous administrations cozy relationship with "big oil" led to the disaster. And ofcourse we have heard this is exactly why business cannot be trusted to do the right thing...we need those benevolent politicians to take care of us all.
It has been reported somewhat that BP actually made a deal with Louisianna to drill in 500 feet of water and the Feds BLOCKED that and made them drill at 5000 feet. It has also been reported that the “top recipient of BP-related donations during the 2008 cycle was President Barack Obama himself, who collected $71,000.”
It has been reported extensively the horrible record BP has...what I have not heard or seen reported by any in the major media...and maybe I just missed it...but this little revealing fact would seem to be just as important as BP's terrible record:
"The Obama administration granted BP a waiver of environmental regulations in April 2009"
I've found this mentioned in a couple of editorial pieces HERE and HERE
I have no particular ax to grind with the Obama administration...but can you imagine the outrage and non-stop coverage if the waivers had been signed by Bush.