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Posts Tagged ‘Remarks by the President to the Nation on the BP Oil Spill’

At the Corner of Wall Street and the Gulf of Mexico

Posted by Larry Doyle on June 16th, 2010 9:43 AM |

The distance from the canyons of lower Manhattan to the now soiled beaches of the Gulf Coast runs about 1300 miles. A long way and decidedly different lifestyles, you may think? I do not think so. In very real terms, the economic disasters centered in each of these locales are virtually contiguous.

As I watched a replay of President Obama’s speech last evening (Red Sox and Celtics games took priority until both those games were effectively decided), I was struck by one segment of Obama’s speech and the stark similarity in the disasters centered on Wall Street and the Gulf. Which segment and which similarity? (more…)






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