Exxon Valdez $2.5 Billion Oil Spill Ruling Overturned

reuters ^ | June 25, 2008

[SFConservative]

“It took the company just under two days to bring in $2.5 billion in revenue during the first quarter of 2007.”

Sad to see how low Reuters has gone. Here is what should be a "just the fact m'am" article and Reuters feels the need to inject their inane and insane commentary. Kids educated in the communist ideology in the government schools for a couple of generations are now running these "news" outlets. They are now in the position of bending the minds of the vast unwashed who get their opinions only from the LSM/DBM.

[thackney]

and not a cent has been paid,

Not true. Over $3.4 billion as a result of the accident, including compensatory payments, cleanup payments, settlements and fines has been paid by ExxonMobil. Things like the Sea Life Center in Seward were built from their payments.

[Leo Farnsworth]

The moral to your story is hire a lawyer. And get a good one.

Again:
There is only ONE legal system.
You have access to it.

So does Exxon.

Exxon just has the ability to use it to their advantage better than you can. Your argument is sour grapes.

[OA5599]

Incestuous

That may be the most accurate description of our legal system I have ever heard.

Every law that affects my day to day life has been written by someone with absolutely no real world experience. It’s maddening. From congress to the city council, they’re all lawyers. All judges—all former lawyers.

And I guess you’d have to be one because the legal system is so complicated. Instead of having real world experienced law makers and judges with, say a lawyer as an assistant/advisor, we’re stuck with this incestuous system.

It would be nice to have laws made by people with a scientific or engineering mindset: Someone who is used to analyzing all available information, then come to a conclusion, then create the simplest solution.

Instead, we have the lawyer type mindset: Come to a conclusion, right or wrong, then dismiss all data that doesn’t support it. Then argue, obfuscate, and play people’s emotions to prove your point.

*sigh*

[OA5599]

I was not the one arguing that we have a boolean legal system. Sure it’s one system, but it’s a floating system. You get the justice you pay for.

And from your post, it appears you agree with me.

[OA5599]

Oh and for the record, I am on Exxon’s side here. My sour grape posts might lead some to believe I am actually bitter about this decision. I am not. Good for Exxon.

[Chances Are]

That idea of Newt's would be a boon to society, yes, but the lawyer caste (I thought about capitalizing that!) would never, ever permit it. They've acquired too much power, and are loathe to give any of it up.

I do wish to note that our feckless leaders in Congress, whenever they pass a law, always exempt themselves from it.

Always!

I'm kind of surprised they still subject themselves to the income tax code, figuring they'd never get away with it with the folks back home. But I'm sure they're always working on a way to do so. That would certainly be a crown jewel in their collective tiaras.

Maybe if St. Obama gets elected (coincidentally, maybe our last election, as he begins to bring the commissars in, and gets the Congress to morph itself into a Politburo).

(I'll admit - I'm a cynic who greatly fears for the future of the Republic. But hey - I guess that's just me!)

(Now that I think of it, let's wait and see how successful the gun grabbers are. That will go a long way towards defining what the future of this country will be.)

CA....

[Sherman Logan]

The $579M comes out to a little under $16,000 each when split among the 32,000 claimants. Even it they’d paid the $5B, it would have meant only a little over $150,000 on average. Not hitting the legal lottery very hard.

This is assuming lawyers won’t take a good slice off the top, since they’ve been working for free all these years. LOL

[Sherman Logan]

Per the McDonald’s coffee case. The lady got 3rd degree burns due to McDonald’s keeping their coffe about 20 degrees hotter than most restaurants.

She eventually got $480,000, before legal fees.

http://lawandhelp.com/q298-2.htm

[CRBDeuce]

Che, that you? How ya doin’?

[CRBDeuce]

I loved Newt’s idea that for every law passed, two have to be removed from the books (USC presumably) that is a winner of an idea.

Now that is Brilliant...somehow I missed that one! Thanks

[Smokin' Joe]

See, if Exxon was the local Qwickie mart, they would have been forced to pay,

If your local Qwickie Mart can pay 2.5 billion, I think you need to look into price gouging. Maybe it is that $10/gallon bottled water...