It's this diary and it's about what the White House administration is planning to do to BP. The White House is correct in their approach to BP in this instance. Here's an excerpt below:
The White House announced earlier morning that President Obama will address the nation from the Oval Office on Tuesday night about Oilmageddon--and lay down the law to BP. Apparently Obama wants BP to set aside significant funds to compensate victims of the spill.
President Obama for the first time will address the nation about the ongoing oil disaster in the Gulf of Mexico on Tuesday night and outline his plans to legally force BP executives to create an escrow account reserving billions of dollars to compensate businesses and individuals if the company does not do so on its own, a senior administration official said on Sunday.
"The president will use his legal authority to compel them," said Robert Gibbs, the White House spokesman.
continued at Daily Kos....
