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Obama Not to Blame for Gulf Spill: Ron Paul

CNBC.com
Tuesday, 15 Jun 2010 | 3:34 PM ET

President Barack Obama's handling of the Gulf oil spill has an unlikely defender: Republican Congressman Ron Paul.

Rep. Ron Paul Defends Obama
Rep. Ron Paul, R-Tex., discusses the BP oil spill and his belief that the people responsible for such an accident should be completely responsible for cleaning it up. Paul also discusses his $1.5 million in gold stocks.

In an interview with CNBC, the libertarian Congressman from Texas said that it's "unfair for [Obama] to get all the blame" for events that are really the responsibility of oil companies like BP. He cited instead a system that caps liability for accidents, prevents Gulf fisherman from claiming property rights, and has taxpayers foot the bill for the cleanup as the real culprit.

"The system is wrong," Paul said. Without the climate of public opinion believing that "everything has to be solved by the government" no one would be blaming the president, he said.

He also said that the accident at the Deepwater Horizon was just that: An accident. "Do you think BP likes this stuff?" he said.

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