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Violent Left Fights for a BP Bailout
The violent left has attacked conservative activists protesting big government, big spending and big bailout scheme proposed by Congress. Tea Party activists in Tampa and St. Louis were beaten by left wing activists earlier this year. Add Greensboro to that list. This week, a group of local citizens in North Carolina protesting the Financial Reform bill and the Durbin BP Bailout amendment were accosted and then physically attacked by a left-wing activist who blamed George Bush for America’s ills. ...

...Like a bad cold it can’t shake, the left continues to attempt to blame every ill on George W. Bush. But as one activists in the video pointed out, its actually one Barack Obama and Senator Dick Durbin who are about to hand a massive check to the very company responsible for one of the worst environmental disasters in history.

The Durbin Amendment to the financial reform bill is the latest government policy proposal that will pad BP’s bottom line. The amendment would create a government imposed price control scheme that would shift billions of dollars away from consumer to retailers (British Petroleum, Exxon, WalMart). That’s why the Durbin Amendment is supported by the big retailers like Walmart, Petroleum Marketers Association and other prominent lobbyist groups which are funded, in part, by British Petroleum.

Proponents cynically and falsely claim it would help consumers, but its hard to see many consumers feeling benefited by paying higher prices while mega corporations increase their profits.

Just look at who is pushing this amendment—oil Companies and giant retailers.

Tim Carney is one of the most astute observers of the Washington, DC K Street lobbying business. He doesn’t fall for the pro-consumer rhetoric of politicians. He looks behind the curtain of amendments and bills to see who benefits and who is paying the lobbyists to get the job done. When it comes to British Petroleum Carney has found a trail of support for big government policies that pad their bottom line. Carney writes, ” While BP has resisted some government interventions, it has lobbied for tax hikes, greenhouse gas restraints, the stimulus bill, the Wall Street bailout, and subsidies for oil pipelines, solar panels, natural gas and biofuels.”...