**** Heads Up: POTUS Speaks about the BP Oil Spill, 11:50am EDT ****

[Clio the Leo]

Ok NOW is "angry time." lol ... but the very fact that the title of the stream names BP tells you something.

Video feed:
http://www.whitehouse.gov/live/president-obama-speaks-press-0

or

http://www.cnn.com/video/flashLive/live.html?stream=stream1


Background...
http://www.democraticunderground.com/discuss/duboard.php?az=show_mesg&forum=433&topic_id=298453&mesg_id=298453

[tridim]

1. I'm pretty excited about this speech. Tuned in.

[Clio the Leo]

2. lol, I suddenly have this vision of the President shadow boxing in the Oval.

This should be interesting.

[Jeff In Milwaukee]

3. Please share with your streaming video-deprived friends (nt)

[Clio the Leo]

4. Oh, no to worry, I am ALL over this one...

... ate early and everything so I could be ready. lol

But he's gonna come out and say, "I am deeply dissappointed by the actions some people may have taken" and I will fall out laughing. Grrrr .... mean! (heh)

[Jeff In Milwaukee]

6. He's supposed to announce new regulations

Saw that somewhere -- CNN maybe? Anyway, I'll be interested to hear what his next steps are regarding MMS.

[Clio the Leo]

8. here's a preview...

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=433x298792

[Jeff In Milwaukee]

9. You made me click through to Fox News....

I feel dirty now!

[Clio the Leo]

10. lol not to worry...

... you are about to be bathed in goodness and light.

(heh)

[Clio the Leo]

5. For crying out loud Obama!! Get ON WITH IT!!!

I got stuff ta do!!!! :)

[Jeff In Milwaukee]

7. Dessert, for starters!! (nt)

[Clio the Leo]

11. 2 min warning.

... again, please turn off your cell phones. :)

[dccrossman]

12. He's not just disappointed

He's extremely disappointed.
</snark>

Just sayin' :)

[Clio the Leo]

13. Disheartened and dismayed. :-) NT

[jefferson_dem]

14. POTUS up now.

:)

[dccrossman]

15. "the BP oil spill"

Yeah, they own it. heh

[Clio the Leo]

16. Reminds us of the loss of life...

.... the men on the oil rig who's deaths have been virtually forgotten.

[dccrossman]

17. Reinforces the uncertainty

on the size of the leak

[Clio the Leo]

18. "There is a level of uncertainty as to how big the leak is..."

"but our efforts have always been one that presumed catastrophy." (paraphrased)

[Clio the Leo]

19. "Using every available resource to stop the oil from coming ashore." NT

[Clio the Leo]

20. 13,000 people mobilized to help plus the Nat. Guard. NT

[Clio the Leo]

21. Has talked about the legislation before Congress....

[Clio the Leo]

23. Legislation would force BP to pay, not the American People. NT

[dccrossman]

22. Mentioned BP again

At least 5-6 times in the first few minutes. Obvious who he blames.

[babylonsister]

24. Calling all parties out on their lousy behavior during the hearings last

week, and all the finger-pointing going on. As he should.

[Clio the Leo]

25. "I did not appreciate the ridiculous spectacle...."

Oil executives "falling all over one another" to point blame to each other.

[dccrossman]

26. "decade of ... permits based on assurances from companies"

[Clio the Leo]

27. "Plenty of blame to go around, including to the Fed. gvmnt"

[Clio the Leo]

29. Industry and Feds have been too close in the past...

... that WILL not happen anymore.

[babylonsister]

28. YES! Top to bottom reform of MMS! nt

[azmouse]

30. Anyone think boosh would speak out like this against the oil industry?

Thank gawd we finally have a President who will push back.

[dccrossman]

31. "closing the loophole ... on environmental reviews"

[Clio the Leo]

32. Mentions separating the agencies that oversee this matter...

.... as has been previously discussed.

[Clio the Leo]

33. "Domestic drilling is one part of an over-all strategy..."

[Clio the Leo]

35. "but regulations will be put into place that will prevent this from happening again."

[babylonsister]

34. "It's our job to ensure this kind of mess doesn't happen again" nt

[Clio the Leo]

36. "I will NOT tolerate more finger pointing like we saw this time." NT

[Clio the Leo]

37. thanks to my fellow transcribers.... much appreciated. NT

[dccrossman]

38. Fairly short, direct, to the point

Plenty of blame to go around, stop finger-pointing, try and fix the system that allowed the mess.

Hopefully all the words go into real action and congress gets the bill through to help the gulf region.

[ORDagnabbit]

39. until we get rid of our addiction to oil I dont think much will really change. n/t

[dccrossman]

40. It can't

Even if things change in the short term, cost will become the overriding factor before long, and even a short track record without additional spills will be soon as a good excuse for relaxing the standards again.

[Jeff In Milwaukee]

44. Don't know if this is correct

But I read somewhere that the oil produced from those rigs doesn't go for domestic consumption.

[lovely]

41. He didn't go far enough in my opinion

[jefferson_dem]

43. What were you expecting / hoping for?

A public flogging of the BP execs?

[Jeff In Milwaukee]

45. As a pay-per-view event, it could go a long way to offset clean-up costs....

I'd tune in!

[Clio the Leo]

42. Partial transcript...

After meeting with Cabinet members to discuss the BP oil leak in the Gulf of Mexico, President Obama says he wants to "underscore the seriousness and urgency" of the situation. He cites the "potential devastation to the Gulf Coast, its economy and its people" and says "relentless efforts" must continue to "stop the leak and contain the damage."

"There's already been a loss of life, and damage to our coast line," he says, in addition to the livelihoods of people who live there. "I saw firsthand the anger and furstration felt by our neighbors in the Gulf
shore as president."

He continues, with Secretaries Salazar, Chu and Napolitano next to him: "I'm not going to rest or be satisfied until the leak is stopped at the source," he says, "and the people of the Gulf are able to go back to their lives and their livelihoods." (12:17 p.m.)

Noting uncertainty in the amount of oil that has been leaked, Obama cites "varying reports" of how much is affecting the area. "There's oil leaking, we need to stop it, and we need to stop it as soon as possible," he says.

Turning his attention to BP and other companies involved, Obama says: "I know BP is committed to pay for the response effort. I have to say, though, I did not appreciate what I consider to be a ridiculous spectacle" during recent congressional hearings.

Executives at the hearings, he says, were "falling over each other to point the finger of blame at somebody else. The American people could not have been impressed with that display, and I certainly wasn’t."

"The system failed, and it failed badly," he continues. "For that, there's enough responsibility to go around, and all parties should be willing to accept it. That includes, by the way the federal government." He then lambasts the "cozy relationship" oil companies and government agencies have had. (12:21 p.m.)

http://www.politico.com/politico44/wbarchive/whiteboard05142010.html

[nashville_brook]

46. was there any new info? any new actions?

[Clio the Leo]

48. ....

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=433x298792

http://www.chron.com/disp/story.mpl/business/7001009.html

[jefferson_dem]

49. ...

http://news.bbc.co.uk/2/hi/americas/8683714.stm

[nashville_brook]

50. so, nothing specific -- no new announcement.

[jefferson_dem]

51. so...

Look a bit harder. You just might find something "specific" and "new". :)

[nashville_brook]

54. can you? i don't.

[Clio the Leo]

53. ....

[nashville_brook]

55. show us the bold new action.

[Clio the Leo]

47. It will be interesting to see if the poll numbers change after this statement...

.... I dont mean the President's poll numbers, I mean those who still support drilling.

[nashville_brook]

56. actually, it would be much more interesting if something meaningful happened with the spill.

there's more to political life than poll numbers.

[polichick]

52. Did he reinstate the ban on offshore drilling? Or is he still misleading people...

...letting them think that more offshore drilling will make a difference, when he knows that the U.S. has AT BEST 2% of the world's oil and uses 25%?

[amborin]

57. +1 and how about asking Salazar to step down, then he'd have credibility

now it's just talk and talk is cheap and for popular consumption

[jefferson_dem]

58. talk is cheap indeed...

so scribbles some random anonymous poster on a random political rant board.

[Cha]

59. Where cheap shots are a dime a dozen and

says everything about them and nothing about President Obama.