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Some Republicans consider BP deal a U.S. "shakedown"
Reuters on Yahoo ^ | 6/17/10 | Steve Holland

Posted on 06/17/2010 11:45:20 AM PDT by NormsRevenge

WASHINGTON (Reuters) – The first apology that rang out in a congressional hearing about the Gulf of Mexico oil spill on Thursday was not from BP Chief Executive Tony Hayward.

It was from Texas Republican Representative Joe Barton, who apologized to Hayward for BP's having to agree to a deal with President Barack Obama to set up a $20 billion fund for Gulf damage claims.

"I'm speaking totally for myself, I'm not speaking for the Republican party ... but I'm ashamed of what happened in the White House yesterday," Barton said.

He called it "a tragedy of the first proportion, that a private corporation can be subjected to what I would characterize as a shakedown, a $20 billion shakedown."

Barton's point was that BP should pay for damage claims but should be allowed to follow the "due process and fairness" of the American legal system.

...

White House spokesman Robert Gibbs quickly denounced Barton and called on members of both parties to repudiate his comments.

"What is shameful is that Joe Barton seems to have more concern for big corporations that caused this disaster than the fishermen, small business owners and communities whose lives have been devastated by the destruction," said Gibbs.

BARTON NOT ALONE

Barton is not alone among Republicans holding this view.

Georgia Republican Representative Tom Price, chairman of the Republican Study Committee, a group of conservative House members, issued a statement on Wednesday arguing the same point.

He said the White House does not have the legal authority to compel a private company to set up and fund an escrow account. The White House has dismissed such criticism.

Price said BP's willingness to go along with the White House's new fund suggests that the Obama administration is "hard at work exerting its brand of Chicago-style shakedown politics."

(Excerpt) Read more at news.yahoo.com ...


TOPICS: Business/Economy; Crime/Corruption; Front Page News; Government; Politics/Elections
KEYWORDS: bp; deal; joebarton; republicans; shakedown
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1 posted on 06/17/2010 11:45:20 AM PDT by NormsRevenge
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NO earmarks for you, Joe.

Sic ‘em!


2 posted on 06/17/2010 11:46:41 AM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard)
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To: NormsRevenge

I agree!


3 posted on 06/17/2010 11:46:43 AM PDT by Cricket24 (Conservatives Only...NO RINO'S!!!!!!!!!!)
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Representative Joe Barton (R-TX) listens to testimony during a hearing by the House Energy and Commerce Committee on Capitol Hill in Washington in this May 27, 2010 file photo. REUTERS/Jonathan Ernst


4 posted on 06/17/2010 11:47:21 AM PDT by NormsRevenge (Semper Fi ... Godspeed .. Monthly Donor Onboard)
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To: NormsRevenge

How will these funds be administered under Feingold? A separate agency/commission? Who/what will function as a Trustee?

Feds in the middle of paperwork. Gee. Who’d’ve thought.

They want their cut. If this isn’t a protection scheme, I don’t know what is. Who’ll be the guy coming around for the money.....

It’s both a shakedown and a protection rackett.


5 posted on 06/17/2010 11:48:42 AM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spirito Sancto.)
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To: NormsRevenge

obama = Al + Jesse + Hugo
_________________________

Chicago thug politics


6 posted on 06/17/2010 11:49:04 AM PDT by Las Vegas Ron ("Because without America, there is no free world" - Canada Free Press - MSM, where are you?)
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To: NormsRevenge
While it may be a "shakedown", politically it might be best just to keep your mouth shut about it. BP's popularity is somewhere beneath cancer right now. It's politically stupid to be seen defending them. It would be a WHOLE lot harder to make a principled stand for BP after the 2010 elections. There's no reason to give the Democrats fodder for campaign commercials.
7 posted on 06/17/2010 11:49:06 AM PDT by OldDeckHand
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To: NormsRevenge

***”What is shameful is that Joe Barton seems to have more concern for big corporations that caused this disaster than the fishermen, small business owners and communities whose lives have been devastated by the destruction,” said Gibbs.***

Barton has concern for the Constitution!

BTW Gibbs - how has your boss actually helped in this crisis?


8 posted on 06/17/2010 11:49:30 AM PDT by sodpoodle (Despair - Man's surrender. Laughter - God's redemption)
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To: NormsRevenge

“What is shameful is that Joe Barton seems to have more concern for big corporations that caused this disaster than the fishermen, small business owners and communities whose lives have been devastated by the destruction,” said Gibbs.”

The Pill-bury Doughboy demonstrates the psychosis of the left...WE WILL DECIDE WHICH BUSINESSES HAVE RIGHTS.


9 posted on 06/17/2010 11:49:35 AM PDT by jessduntno (Afghanistan: Lithium is the new oil. Where are the NO WAR FOR LITHIUM protests?)
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To: NormsRevenge
Shakedown Pictures, Images and Photos

And it will be a VERY popular shakedown until people discover the money didn't go to the people affected but rather to democrat cronies.

10 posted on 06/17/2010 11:49:58 AM PDT by Snickering Hound
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To: NormsRevenge

Hey Gibbs we do have a rule of law and a court system in this country. Your man constantly seems hell-bent on bypassing all that. Maybe he is in it for the shake down as the good Congressman stated.


11 posted on 06/17/2010 11:52:00 AM PDT by Parley Baer
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To: Snickering Hound

Celery!


12 posted on 06/17/2010 11:52:20 AM PDT by Hegewisch Dupa
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To: Snickering Hound

LOL - Excellent! Thank you.


13 posted on 06/17/2010 11:52:34 AM PDT by Liberty Valance (Keep a simple manner for a happy life :o)
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To: NormsRevenge

We are no longer a nation of laws.

We do have existing laws, courts, and means to deal with these matters.

Extortion is illegal.


14 posted on 06/17/2010 11:53:52 AM PDT by EBH (Our First Right...."it is the Right of the People to alter or to abolish it,")
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To: OldDeckHand
BP's popularity is somewhere beneath cancer right now.

Hmmm, ya think it might have been deliberately set up that way?

15 posted on 06/17/2010 11:54:38 AM PDT by Las Vegas Ron ("Because without America, there is no free world" - Canada Free Press - MSM, where are you?)
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To: NormsRevenge
"Barton's point was that BP should pay for damage claims but should be allowed to follow the "due process and fairness" of the American legal system."

During a time when the regime in the White House seems intent on a "Chicago Way" mode of governance, it is really refreshing to have a member of Congress remind us that the American Legal System is, in fact, one of due process and fairness.

... "White House spokesman Robert Gibbs quickly denounced Barton and called on members of both parties to repudiate his comments."

No surprize there. The regime's mouthpiece doesn't want people reminded that there is an alternative to "the Chicago Way".

""What is shameful is that Joe Barton seems to have more concern for big corporations that caused this disaster than the fishermen, small business owners and communities whose lives have been devastated by the destruction," said Gibbs."

What Gibbs was really saying was this:

"We gots lots and lots of friends, see. And our friends want a piece of the action, see. And so we shake down BP for a minimum of $20 billion, AND WE GET TO DECIDE whose claims are legit, see. We don't need no stinking due process to decide which of our friends to give money to. So we don't want no Congressman getting in the way of us helping out our friends."

Don't you just love the Chicago Way of politics?

16 posted on 06/17/2010 11:54:47 AM PDT by chs68
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To: Snickering Hound

What a great graphic!

What is the story behind it?


17 posted on 06/17/2010 11:56:02 AM PDT by Las Vegas Ron ("Because without America, there is no free world" - Canada Free Press - MSM, where are you?)
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To: Las Vegas Ron
'Hmmm, ya think it might have been deliberately set up that way? "

Do I think it's some kind of deliberate hit on BP? No. They seem to be doing a fine job, all by themselves. If you were to write a book on PR disasters, BP's handling of this would be chapter #1.

Even if was intentional, it still is what it is - which is politically stupid to be seen defending them. Republicans have to be smarter than this if they want to take back either chamber this fall.

18 posted on 06/17/2010 11:57:15 AM PDT by OldDeckHand
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To: NormsRevenge

It was a shakedown.. Even James Carville knows it...there wasn’t one thing lawful or Constitutional about it.

on CNN former Clinton Administration message man James Carville said:
‘It looks as if President Obama applied a little old-school Chicago persuasion to the oil
executives.’ Making ‘offers you can’t
refuse’ may be a great way to run the mob, but it is no way to run a country.”


19 posted on 06/17/2010 11:57:25 AM PDT by Freddd (CNN is down to Three Hundred Thousand viewers. But they worked for it.)
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To: NormsRevenge

It’s a slush fund for Obama’s union buddies.


20 posted on 06/17/2010 11:57:35 AM PDT by Signalman
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