Faced with the prospect of losing 40,000 jobs due to the oil-drilling moratorium, President Obama is set to reopen oil drilling. A letter by the National Ocean Industries Association states: The moratorium "will result in crippling job losses and significant economic impacts for the Gulf region."Reopening oil drilling will come with some conditions. At present there is a liability cap of only $75 million, unless the government can show criminal negligence. Congress is meeting first about lifting the cap and then to determine what a new cap should be.
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Now if you blame the media, someone else will have to share in the losses.
Selling a business can be thrilling and frightening. For most business owners, this is a one-time event. And, it will likely be critical in terms of retirement.

