Posts Tagged ‘CEO’
June 11th, 2010 at 12:11 pm
Obama Flip-Flops Again, Will Meet With BP CEO Now
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We don’t know whether this is positive news or depressing news, but Barack Obama has flip-flopped once again.  Now, he says he will meet with British Petroleum CEO Tony Hayward after all, just days after stating that he was not interested in such a meeting.

We suppose this is good news in the sense that if Obama is willing to meet murderous dictators like Mahmoud Ahmadinejad “without preconditions,” then he should at least be willing to meet the CEO of the company desperately attempting to stop the worst oil spill in American history.

On the other hand, it demonstrates once again that a pledge from Obama is about as dependable as a teleprompter during a rainstorm.  His broken promises include a solemn vow not to raise taxes on anyone earning over $250,000, to comply with public campaign finance restrictions, to exclude lobbyists from his administration and to close the Guantanamo detention facility.  Many of Obama’s promises were ill-advised when offered, but how can businesses, foreign allies or anyone else gain any certainty from a man who reverses pledges he made only days earlier?

It’s a terrible prospect for the economy, which relies upon expectation stability, and international security to have such an unreliable White House occupant.

June 10th, 2010 at 3:52 pm
So Obama Will Meet with Dictators, But Not CEOs?
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“Americans don’t blame Mr. Obama for the oil spill, but they are beginning to doubt the competence of a President whose decisions suggest political panic more than careful policy.”

That was the cogent observation of The Wall Street Journal today, and it captures the essence of why Americans now rate the federal government’s response to the Gulf oil spill even worse than its 2005 response to Hurricane Katrina.  It obviously wasn’t Barack Obama that caused the oil rig collapse, but he’s ultimately responsible for the manner in which his administration has reacted.  For example, Obama’s order of a six-month moratorium on deepwater drilling has exacerbated job loss in the region and further eroded our ability to access non-foreign oil sources.

And now, the same Barack Obama who breezily offered to meet such dictators as Kim Jong Il and Mahmoud Ahmadinejad “without preconditions” now refuses to even meet with the CEO of the corporation desperately trying to cap the oil leak and minimize the damage that will ultimately hit its bottom line.  In a video interview for NBC’s Today show, Obama proclaimed his childish refusal to sit down with British Petroleum CEO Tony Hayward:

I have not spoken to [BP CEO Tony Hayward] directly, and here’s the reason.  Because, uh, my experience is, uh, when you talk to, uh, uh, a guy like, uh, a BP CEO, he’s gonna say all the right things to me.  I’m not interested in words, I’m interested in actions.”

And precisely what do you expect from murderous dictators with whom you gladly offer to meet?  Earnest concessions?  Honest negotiation?  Substantive results?

Is it possible that Barack Obama actually holds corporations and their CEOs in higher contempt than genocidal dictators?