Monday, August 20, 2012

Obama Didn't Build It But He Certainly Destroyed This Business

“It is all directly attributable to what the government did to us. This Administration has gone out of its way to create problems for my company, the company that I formed from scratch.” Call it Death By ObamaCare.

So says the head of ATP Oil & Gas, Paul Buhlman. a company which just filed Chapter 11 bankruptcy; and while Forbes tells us the "whole story" is a bit more complex, Bulmahn swears Obama policies killed his company and Forbes isn't nay saying him.

Forbes tells us: "When I get Paul Bulmahn on the phone... he wants to make one thing perfectly clear: If it does come to bankruptcy (which it did on August 17) it isn’t his fault. The founder and chairman of publicly traded ATP (Nasdaq:ATPG), Bulmahn wants the world to know that the Obama Administration—and its illegal ban on deepwater drilling in the wake of the BP disaster—is to blame for the implosion of his company. Not him."

While Forbes doesn't come right out and say it, Bulmahn's situation is becoming all-too-common in the United States and if Barack Hussein Obama wins a second term, increasing numbers of business owners will likely join Bulmahn's ranks and tens-of-thousands of jobs (perhaps hundreds-of-thousands) will be lost.

As for Bulmahn, he's not just getting angry, he's getting even and has already brought suit against the U.S. government seeking damages.

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Posted By: Chris Carmouche