Rule of Law: Out the Window

BP should have to pay for the damage they did in the gulf, as determined by the laws on the books. But President Obama wants to change the law. He wants to retroactively raise that $75 liability cap. That’s just wrong. I want BP liable, but we still have to respect the rule of law. It’s not fair to increase penalties retroactively. Anyway, the cap is moot if a company is found “negligent.” I’m sure BP will pay much more than $75 million.