Stick it to BP!…. that’s the Obama administration’s populist ploy. Following the Exxon Valdez in 1990, the liability cap for oil spills was set at $75 million. Dems are introducing a bill to raise that to $10 billion. First, this is called an “ex post facto” law – changing the rules of the game after the fact. If they are stupid enough to actually pass this, every oil well in America is going to slam shut.
Al Gore’s new $9 million house can then afford to become 10 times as big
