BBP CEO Tony Hayward is testifying before the House Energy and Commerce Subcommittee on Oversight and Investigation. The meeting is chaired by Bart Stupak (D-MI). It is expected that the meeting will be interrupted throughout the morning for a series of House votes. You can watch the testimony live on CSPAN 3. You can find part one of the liveblog here.

The details are still being worked out, and we have to wait and see the language, but it does appear that the House did secure more disclosure, on an ongoing basis, for the Fed’s activities. Late yesterday, at the conference committee, lead Senate negotiator Chris Dodd announced that his side would accept several provisions that would add transparency to the Fed.

And thank the goddess that someone finally showed Obama how to make a decent apology to people who don’t have our interests are heart. All that bowing is nothing to the on your knees performance by Republican Joe Barton.

BP CEO Tony Hayward is testifying before the House Energy and Commerce Subcommittee on Oversight and Investigation. The meeting is chaired by Bart Stupak (D-MI). It is expected that the meeting will be interrupted throughout the morning for a series of House votes. You can watch the testimony live on CSPAN 3.

While the President reiterated that $20 billion isn’t a cap, it’s important to know how much more BP could and should pay. One analyst said it could be as much as $63 billion; I suspect and hope it will be in the hundreds of billions. That’s why it’s important we make clear BP should be responsible for every dime of damage from its disaster. Anything less is a taxpayer funded bailout of BP. Can you add your name and help us reach 50,000 signatures before we deliver our petition to the Senate next week?

Greetings from the United States Federal Courthouse for the Northern District of California where Marcy Wheeler, Teddy Partridge and I have spent Wednesday covering closing arguments in Perry et al. v. Schwarzenegger et al. It was quite a day and, despite the solemn nature of court proceedings, a monumental and electric day. To be honest, the electricity is far more in the people, whether the plaintiffs, defendants, or the myriad of people here to witness the proceedings on what is without any question a unique and groundbreaking case.

• Clearly, what’s needed is less regulation.
• Erm, Rush has been married 4 times and has 0 kids.
• John Thune (R-SD) doesn’t support the troops.
• So much for “REPEAL!11!!!“
• Another GOP Senator about to get teabagged?
• Americans apparently don’t like a Quitter.

BP’s Corporate Officers come straight out of a Kipling Poem.

Serabee — Driving Me Stupid.

As is well known, I dislike America, and Jesus — though, oddly enough, I quite sincerely love Chuck Norris. Hate the dumbass, love the bigot, to paraphrase, in a perhaps not entirely precise analagy, religious people who don’t think homosexuals deserve equal rights in the land of the free and the home of the straight, [...]