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If history is any precedent BlackAdder Send a noteboard - 10/06/2010 06:18:18 AM
How is the government bailing them out? True, they are spending money but the bills are being forwarded to BP as far as I know.


For the cleanup yes, What about economic damages (short term and long term)? What about the environmental damages (short term and long term)? What about the punitive damages? All of these are big questions marks at this point. Considering it will be decided in the courts, and BP, Transocean, and Haliburton are already lawyering up. Make no mistake, the American taxpayer is going to be paying, the big question is how much.


I fully expect the Oil Co.'s to wriggle out of most of their liabilities. Exxon was certainly able to. I think the judgment against them ended up only being about $500M, reduced from $5B (10%).

But I'm at least going to wait and see :P
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A friend on FB asked why there were no "Save the Gulf" concerts - 09/06/2010 03:13:52 AM 1129 Views
Her complaint is legitimate. Why should the US government help Haitians more than US citizens? - 09/06/2010 04:25:09 AM 745 Views
Re: Her complaint is legitimate. Why should the US government help Haitians more than US citizens? - 09/06/2010 04:31:44 AM 736 Views
There are a lot people struggling right now who really can't afford to wait - 09/06/2010 04:47:26 AM 788 Views
Re: There are a lot people struggling right now who really can't afford to wait - 09/06/2010 05:15:33 AM 864 Views
That wins the award for stupid post of the month. Possibly the year. - 09/06/2010 08:31:18 AM 805 Views
They put you in charge of that award? is it like Miss USA where you pass on the title you hold? - 09/06/2010 08:47:57 AM 805 Views
I sometimes wonder where you lived in Houston. - 09/06/2010 04:24:42 PM 917 Views
Re: I sometimes wonder where you lived in Houston. - 09/06/2010 05:50:53 PM 874 Views
This isn't Karachi. - 10/06/2010 02:04:02 PM 909 Views
Re: This isn't Karachi. - 10/06/2010 03:39:30 PM 889 Views
What a shame then that no one HAS started such a program. - 10/06/2010 04:17:02 PM 863 Views
and eww im not from Karachi - 10/06/2010 03:40:56 PM 775 Views
Maybe. I'm glad to have found a legitimate successor. - 10/06/2010 01:23:56 AM 733 Views
My thoughts exactly. Thanks for posting this. - 09/06/2010 09:13:51 PM 780 Views
President Obama doesn't have the power to stop the oil gushing into the Gulf of Mexico - 09/06/2010 09:46:24 PM 858 Views
Re: President Obama doesn't have the power to stop the oil gushing into the Gulf of Mexico - 09/06/2010 10:03:52 PM 651 Views
So what exactly do you have a problem with? - 09/06/2010 10:14:30 PM 783 Views
well he does have a phone he could have used to call up the BO CEO and chat with him - 09/06/2010 10:42:07 PM 732 Views
You really don't have any credibilty left on this issue. - 10/06/2010 01:56:06 AM 761 Views
you really are a loon - 10/06/2010 05:19:56 AM 907 Views
What's funny is that companies like Haliburton are going to make bank off this disaster - 10/06/2010 06:14:07 AM 642 Views
Also there's Transocean - 10/06/2010 06:49:02 AM 720 Views
yes other evil oil companies stand to profit - 10/06/2010 02:55:33 PM 636 Views
Takes one to know one - 10/06/2010 06:18:54 AM 1028 Views
He said more domestic drilling, not more offshore drilling. *NM* - 10/06/2010 08:25:14 AM 348 Views
The definition of Domestic drilling includes offshore wells. - 10/06/2010 08:32:58 AM 761 Views
You assumed something that was perhaps implied. It still doesn't hold up. *NM* - 10/06/2010 11:17:02 PM 296 Views
Sure it does. - 11/06/2010 10:17:06 AM 1068 Views
all the loons say that and expect it to be true - 10/06/2010 04:15:33 PM 1096 Views
And how would you know that unless you're a loon? - 11/06/2010 10:07:57 AM 1110 Views
This sounds like a good idea - 10/06/2010 06:08:25 AM 785 Views
? - 10/06/2010 04:18:27 PM 697 Views
I agree. - 10/06/2010 04:37:25 AM 639 Views
Give Willie some time! - 09/06/2010 05:30:19 AM 726 Views
Willie is like 108, I am sure how much time he has left - 09/06/2010 03:22:21 PM 803 Views
Regarding the comparison to the financial crisis - 10/06/2010 02:10:44 AM 692 Views
Um, because "Big Oil" is in no danger of failing? - 10/06/2010 02:20:46 AM 657 Views
It's unclear if BP can take the hit - 10/06/2010 03:05:32 AM 639 Views
I actually agree, Free Markets should be cleaning up the oil spill. - 10/06/2010 02:57:09 AM 1037 Views
Re: I actually agree, Free Markets should be cleaning up the oil spill. - 10/06/2010 03:41:34 AM 761 Views
How is this not a bailout? - 10/06/2010 04:15:18 AM 917 Views
If history is any precedent - 10/06/2010 06:18:18 AM 805 Views
The funny thing is... - 10/06/2010 06:28:26 AM 788 Views
yes lets destroy the gulf coast to make a point - 10/06/2010 05:24:12 AM 646 Views
I pray you're being sarcastic here. - 10/06/2010 02:21:17 PM 919 Views

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