By Barry Secrest

Excerpt:

The President's "Unique Ideas" on Job Preservation and Expansion:  Imbecellia

The President's plans, unfortunately, did not end with creatively taking over the media--now the President has decided to own the economy of the Gulf Coast.  Yes indeed, the President, as with all inexperienced, neophyte, Liberal leaders reacted rather predictably to the Oil Spill after a 38 day decision.  This time he announced an "Executive Decree" which would effectively suspend (read end) the drilling operations of 33 deep sea drilling rigs for little or no reason.

These rigs are all operating safely and have no logical reason to be shut down.  This would be akin to halting all flights due to one terrible plane crash or even suspending the act of driving a vehicle due to one terrible crash.  Kneejerk Liberalism knows only how to react and never how to pro-act unless such pro-action contains a measure of crisis opportunism--it would now appear.

The President, by his tragically imbecilic reaction, has now succeeded in effectively firing 7,000 oil rig workers from their jobs--but that's not all!  When one takes into account the five support jobs which will be lost for each oil rig worker job which has been eliminated, the total number of jobs just destroyed by El Magnifico will approach 42,000 jobs.  Let's not even begin to consider the oil tax revenues which will be lost by the Government.

So, yet once again, it falls upon us to say:  Bravo, Bravo Mr. President!  While having just added 41,000 government jobs which each requires five private industry jobs as support--you have just eliminated 42,000 high-paying private industry jobs on a whim.  Our apparently clueless President is quickly becoming  the "doomsday" equivalent to what once was our "super economy."  Not only will many of the Gulf's fishermen be out of work due to the spill, now a large sub-section of oil workers will also be out of work due to the President's spiel.  As we have said many times before--you just can't make this stuff up with such surreal if not disastrous implications.

The cherry on top, adding a certain je ne sais quois of conspiracy, would have to be that we have also recently learned the following:  One week before the Gulf Rig Explosion, Green Energy bank Goldman Sachs sold  its huge stake in BP Oil in what could only be described as a brilliantly prescient move.  But wait, that's not all, a few weeks prior to the spill, BP Chief Tony Hayward sold one third of his shares in BP thereby also saving himself a small fortune.  In fact,  BP shares have fallen by nearly one third since the Gulf Spill occurred, but our two anti-heroes continue riding financially high as most inhabitants both in and about the Gulf descend into what promises to be a long bout of economic suffering.

Ultimately we can soon expect the people of the Gulf region to begin...

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