Posted on 06/16/2010 10:54:35 AM PDT by jazusamo
Anything they say will be used against them.
Contrary to Obama’s wording in last night’s speech, he didn’t “order them” to create the escrow fund. He just pressured them into it, and they agreed (acquiesced).
Of course, I’m guessing Obama and BP can both agree the U.S. Congress is capable of inflicting worse outcomes upon BP if they do nothing to quell the cost-of-cleanup concerns.
I hear you and BP should have been the ones to do it now.
Absolutely! Michelle Bachmann is not afraid to stand up to anyone, we definitely need more like her.
Very well said. Obama has no clue about that nor will he ever.
” Yep, Obama and his thugs will control the money no matter that he says they’ll be an independent administrator. “
LMFAO!!!!
I can see a point to going this route, but I wonder what BP got in return. Perhaps a promise not to be debarred from contracts? A promise of no criminal prosecution or multi-thousand dollar per barrel fee? A cap on damages?
As to the point I see, the damages are clearly going to be over $20 billion, so this is a contribution towards it that can be delivered speedily (if inefficiently and to political favorites). I say “political favorites” because Obama has appointed the escrow fund’s head. Wouldn’t it have made more sense to go right to a court, with an agreement in hand, and requested a special master agreed to by both parties? That wouldn’t have taken much more time, either.
Yes. Plug the hole in the Gulf; pull the plug on the Democrats in November.
BP should have Bachmann as a lawyer, not Jamie Gorelick
That would be why Jackson said what he said, lo these many moons ago. You remember...?
Also why Dear Reader was musically compared to a mythical dinosaur with a boy for a friend.
Obama would like to nationalize oil companies, but feels the country isn’t ready for that yet, so he does the next best thing - he seizes their assets and threatens to put them in jail.
That can't be said enough and should be reiterated often, like hourly.
I agree with Michelle Bachman. I got to see her speak last Friday at the 2010 TX GOP Convention. She’s awesome.
“And why didn’t BP have a lawyer with its execs today to say “this isn’t constitutional” to Obummer?”
OMG- they had JAMIE GORELICK there as their “counsel”.
If she plays BP the way she played FNMA, her main concern was how much of a cut she got for brokering the deal...who needs a steenkin’ Constitution?
No company could be so inept as to hire a dirty politician/bureaucrat like Gorelick to deal with a punk like obama- unbless they are ALLLLL in the tank
This smacks of a dictatorship, where 0bamao decrees and everyone must obey.
When this type of thing is done in NY or NJ its refered to as protection money and falls under the RICCO statutes.
the “independent administrator” is obama’s named “pay czar”
go figure
BP CEO better learn to live on $250K a year
(and dont hold you breath waiting for the politicians like obama who got money from BP to turn it over to the victim fund....oh no, that’s all for the shareholders to cough up....rofl)
I believe you’re right that it should have been handled in the courts, there’s already laws on the books.
Ask them why you shareholders are taking it on the chin and all the politicians BP paid off, like lord obama, get to keep their cash
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