His five-year plan would open up federal waters off the California coast, as well as new areas off the East Coast from Georgia to Maine. Drilling in the affected regions has been blocked for decades.
The world's richest man -- until recently, anyway -- said the economy "has fallen off a cliff" and he blamed "muddled messages" for the public's uncertainty. Warren Buffett, in remarks broadcast Monday on CNBC, criticized Republicans and the political process, but his barb has at least grazed the man he helped elect president.
Instead of running with the "European socialist" crowd, as John McCain has claimed, Barack Obama has turned to the same American “free market” elite that views government as merely a corporate subsidiary. Even within that group, however, there are serious splits, and the more enlightened side seems to be winning.