Friday, June 19, 2009

6/19/09 Today's Potential Power Transfers To Federal Government

Obama’s Insurance Proposal May Grab Power From States (6/19/09 Bloomberg)

"President Barack Obama’s plan to create a U.S. insurance office after the $182.5 billion bailout of American International Group Inc. may take powers from the states that have overseen the industry for more than 135 years."

Did you know that A.I.G. started in 1919 in Shanghai, selling insurance to the Chinese? It was not even an U.S.-based company until the People's Liberation Army under Chairman Mao started marching toward Shanghai in 1949 and the company moved to New York.

And the president is going to part the ocean, too.

Sean Corcoran's Cape Wind Blog (6/19/09 The Cape and Islands NPR Station)

"I want to mention a White House memorandum released last Friday to the heads of federal departments and agencies because it appears the Obama Administration wants to zone the oceans. The memo indicates that Obama is creating a task force that within 180 days will recommend "a framework for effective coastal and marine spatial planning." What's called The Interagency Ocean Policy Task Force will make recommendations to the president on protecting ocean and Great Lake resources as they experience "growing demands" from "renewable energy, shipping and aquaculture.""

OK, now, Marine Czar?

0 comments:

Post a Comment