Posted on 06/09/2010 6:15:59 PM PDT by CincyRichieRich
Barack Obama has been accused of holding "his boot on the throat" of British pensioners after his attacks on BP were blamed for wiping billions off the company's value.
By Louise Armitstead and Myra Butterworth Published: 10:12PM BST 09 Jun 2010
City investors said the president was jeopardising the pensions of millions with his "excessive" criticism of the energy company following the Gulf of Mexico oil spill.
Before the accident on April 20, BP was Britain's biggest company, with a stock market value of £122 billion. Since then, £49 billion has been wiped off its value.
On Wednesday, BP's share price fell a further 17.35p to 391.55p representing a 40 per cent drop on the 655p price of a share two months ago.
Experts have said that the clean-up costs of the oil spill will run to between £10 billion and £20 billion but the biggest cost to the company is from investors dumping stock for fear of BP being further punished by the US Government.
(Excerpt) Read more at telegraph.co.uk ...
That's what I suspect is going through Obama's mind while he sleeps with the phone off the hook after a great party at the White House after coming back from vacation and another Kobe beef meal.
Ya think?
Heckuva job, Barry!
Punishing? More like Chavezing.
He doesn’t care.
Punishing? More like Chavezing.
Oh thats mean
Just wait, Obama will hit BP up for enough money for cleanup, fines, etc they will be forced into bankruptcy. Give them Brit pensioners a taste of good old Yankee socialism...
Increase our taxes.
You can bet if the oil company was owned by Oprah Winfrey or Hugo Chavez, or the Red Chinese, he would be singing a different Arabian tune.
The blue lipped muzzie marxist in the WH hates the British, as they occupied his country of origin, Kenya.
See? No matter what anyone does for Zero, it isn’t enough.
They should have already realized that Barry can’t see or think past the end of his own nose!
bump
Presidents can talk the way he did about our real enemies, but right now he needs the cooperation of BP and their owners. His inexperience and ego have gotten the better of him. He hasn’t stopped the seas from rising..
I think that is exactly it. He wants to put the screws to anyone who didn’t vote for him. And he’s starting with Bobby Jindal. He didn’t help with the TN floods either, because areas are too conservative. Now if something was happening in Chicago, maybe then he’d care.
Isnt it AMAZING what happens, when you have a President whose brother lives in a hut in Africa? We might as well be led by Idi Amin!
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