Expect Consolidation as Administration Pushes Small Firms Out of Gulf

Expect Consolidation as Administration Pushes Small Firms Out of Gulf

Over the past several weeks, there has been a great deal of speculation regarding the goal of politicians who advocate removal of the $75 million liability cap for offshore oil spills. Based on a Wall Street Journal interview with Carol Browner, the White House’s top energy advisor, there is no need for further speculation: The Administration seeks to push small explorers out of the Gulf of Mexico. Read this article for more details.

Consequences of Political Manipulation in the Auto Bankruptcies

The focus of The Rational Walk has always been on business and investment topics rather than political commentary, but lately is has become increasingly clear that the line between politics and business has ceased to exist when it comes to the toxic interplay between the auto bankruptcies and the interests of the Federal Government in the nation’s banking system. Far from being an isolated intrusion by government into the private sector, recent actions run the risk of permanently impairing the nature of our capitalist system.

X

Forgot Password?

Join Us

Password Reset
Please enter your e-mail address. You will receive a new password via e-mail.