RIG's liability

A new development today in the Deepwater Horizon disaster.  Transocean, LTD (RIG) is claiming that 159 year old law will greatly reduce its liability.

I don't have much confidence in their ability to evade lawsuits.  All it takes is one safety regulation not being followed for them to face full liability, which is like to be substantial.  Consider that the rig that blew up was owned and operated not by BP, but by Transocean.

Kagan for SCOTUS

I don't know what to think of the current Supreme Court pick, Elena Kagan.  On one hand, she's described as a good defender of the first amendment.  On the other hand, her support of the Executive Branch and police powers is troubling.  And on the interesting side, there are rumors she might be gay.

This could be an interesting confirmation, considering that the democrats cannot overcome a republican filibuster.