Gulf Oil Spill Goes From Bad To Worse
It’s astonishing that almost two months into the Gulf oil spill crisis, nobody has stood in front of a TV camera and explained the solution to this problem. Could it be that there is no solution? This is pretty scary, but the prospects of this oil spill lasting much, much longer look to be increasing.
The gulf economy could be devastated for years. With countless businesses suffering and some going under, more Americans are likely to be added to the unemployment numbers over the coming months. Furthermore, the moratorium on drilling might further hamper businesses and the job situation in the Gulf areas.
On the other hand, President Obama is set to take his message to the airwaves tonight in a national message from the Oval Office. Unfortunately, rather than explain a plan on how we will plug this oil leak, it looks like he’s going to take the time to outline his policies to strengthen government as a result of this spill.
For more reading, consider the following:
- Oil hurricanes may cause toxic rain (SHTF Plan)
- Oil price shock coming? (20smoney)
- Update on how bad things can get in the Gulf (Uncommon Wisdom)
