|
|
Post by kessinger on Jun 16, 2010 14:06:28 GMT -5
I know you guys hate him but having BP agree to put up 20 billion to pay damages. Its not a cap and you can still sue if you wish is gigantic. I don't think any time in our history that this has happened. And I realy didn't think Obama could or would do it.
Reagan capped what oil companies would have to pay after Exxon Valdez so realy BP could have used that as an excuse. And the fishermen and others that had their incomes destroyed didn't get paid til 30 years later if they were still alive.
And you can't count Reagans toxic spill cleanup known as "Superfund" that only paid for cleanups (taxpayers paid 40% of that) It didn't give money to those people impacted at all.
Carp about this all you want. If you are a conservative free market guy you should love this. Instead of socializing BP's loses as we normaly do he is making them pay for it. I'm sure some will still hate it so lets hear from you.
So you hate the Bush bailouts. What about this?
|
|
|
|
Post by ScottR@KTP on Jun 16, 2010 14:37:14 GMT -5
That's what she said.  |
|
|
|
Post by ScottR@KTP on Jun 16, 2010 14:40:13 GMT -5
If I was BP, I would drag out these cases in court for YEARS. There will be so many bogus claims, it will be sickening. All the legitimate claims should be paid ASAP.
If they want the problem to go away, they will limit the depth at which they can drill. Drilling at a mile deep is ludicrous.
He's all about big government...so maybe he can create some new laws and regulations.
|
|
|
|
Post by ktpelec on Jun 16, 2010 15:04:26 GMT -5
I think he said the right things, it will be a huge snafu though with lots of time involved.
Scott the ocean floor is a mile deep, the oil is another 4 miles below that. Thats what has to be done since the U.S. still uses so much oil. We humans resist change, no matter what's at stake.
|
|
|
|
Post by keithf on Jun 16, 2010 15:45:40 GMT -5
I think he said the right things, it will be a huge snafu though with lots of time involved. Scott the ocean floor is a mile deep, the oil is another 4 miles below that. Thats what has to be done since the U.S. still uses so much oil. We humans resist change, no matter what's at stake. you think he said the right things? i listened for 5 minutes, he started off by blaming bush (lax oversight the past decade), then made me laugh when he started talking about people being put back to work installing energy effecient windows. he never fails to underwhelm. |
|
|
|
Post by jobs1stb4polarbear on Jun 16, 2010 15:46:51 GMT -5
Wait till BP(Barack Petroleum)....goes into bankruptcy and will see who pays for the 20 billion!
|
|
|
|
Post by ScottR@KTP on Jun 16, 2010 17:09:26 GMT -5
BP already pretty much threatened they would seek bankruptcy...it's inevitable.
|
|
|
|
Post by marcus on Jun 16, 2010 17:37:06 GMT -5
Reagan wasnt president on March 24, 1989,when the valdez went down.
Bill clinton was in charge when oil cleanups was limited to 75 Million.
|
|
|
|
Post by marcus on Jun 16, 2010 17:40:41 GMT -5
Just one more fact to give ya guys.BP wanted to drill in 500 feet of water in louisiana and they said yes BUT the FEDS came in and said no you must drill in 5000FT of water!!But BP or nobody else had ever cleaned a broken well that deep.
So to me the FEDS are the ones to blame.
|
|
|
|
Post by marcus on Jun 16, 2010 17:41:54 GMT -5
BP should pay for all its done but the Gov should not be incharge of the money.
|
|
|
|
Post by rnoble3 on Jun 16, 2010 22:49:16 GMT -5
Reagan wasnt president on March 24, 1989,when the valdez went down. Bill clinton was in charge when oil cleanups was limited to 75 Million. Bush 1 was President when the Valdez went down, he also was in charge when oil clean up was limited to 75 million. www.epa.gov/oem/content/lawsregs/opaover.htm |
|
|
|
Post by kessinger on Jun 17, 2010 12:56:32 GMT -5
|
|
|
|
Post by kkenn on Jun 17, 2010 16:05:43 GMT -5
|
|
|
|
Post by marcus on Jun 17, 2010 16:57:42 GMT -5
There have been many many of these bills signed bill c passed one also the 75 million cap one.
My point is the FEDS are the ones at fault not letting BP drill closer to shore like they wanted.
|
|
|
|
Post by bo862 on Jun 19, 2010 21:40:24 GMT -5
There’s no way bp can completely repair all of this damage and stay in business. The more we get from them now the less the taxpayers will have to pay.
The govt convinced them to promise 20 billion. The money is going to be held and distributed by the same third party that distributed the charity for 9/11 families.
|
|
