Posted on 06/21/2010 5:12:32 AM PDT by Kartographer
The man President Barack Obama picked to administer the $20 billion oil spill damage fund says no one should underestimate "the frustration and the anger" of people along the Gulf Coast.
Attorney Kenneth Feinberg tells a nationally broadcast audience the resentment is real, saying "I witnessed it firsthand last week."
(Excerpt) Read more at google.com ...
"You know the guys you really gotta be afraid of? The ones who got nothing left to lose."
Obama’s Golf Disaster...nothing a few rounds on the green can’t fix.
The new Fed bureaucrat in charge of distributing Obama’s slush fund, courtesy of BP, proclaimed payments to victims will be made “immediately”, which he went on to define as 30 to 60 days......
This administration needs food withheld for 30 to 60 days, so as to enhance their understanding of “immediately”.
I am working harder than I ever have in my life and I am losing more money than I ever have in my life... and BP caused it and obama is making it much, much worse.
LLS
The resentment is going to get more real as time goes on.
Want to know why Jo Bonner called for Joe Barton to resign? Just google where his congressional district is and you’ll see why and then go and apply that same reasoning to Jeff Miller.
This thing has become hotter than a jalapeno pepper and I don’t think Obama realizes he’s playing with fire as he does this.
I also think Haley has underestimated the gravity of the situation and is looking right now like someone who’s interested in whoring for BP contributions to run in 2012 than someone who still has to run Mississippi until January 2012.
I’m concerned this thing is gonna backfire on Haley and it is seriously making me reconsider my support of him.
Desperate, yes. But are they desperate enough to rally against obama and his merry band of criminals this year?
The folks here are less sure about the whole BP/Obama fund saving the day than they are trying to get every last dollar in the till themselves.
What will be interesting is to see what happens when the oil really does hit. I hope Haley's gig is paying out Obama enough rope to hang himself with more than any interest in helping BP beyond keeping it fair for them verses what the Whitehouse has been doing. Obama trying to destroy BP isn't going to clean up the coast.
The gulf coast isn’t the only place with pissed off people.
“he said that officials will watch carefully for any fraudulent claims, but that he didn’t think that would be a big problem.”
The problem is that as with any disaster, man made or not, you cannot stop the fraud without stopping the legitimate claims - whatever that is after a disaster.
You can no more “make the gulf whole” than you can take the extra profits from alternative destinations that are seeing an increase in business that would have gone to the gulf.
In the end, no matter how much money the fund provides, it won’t be enough. People will be resentful that they didn’t get as much as they wanted, and when you catch fraud the money will be gone anyway without any recovery of funds. Is BP supposed to pay for fraudsters incarceration too?
The best thing for the gulf would be for the leak to be stopped and for the oil companies to be left intact to continue drilling - and the hardest part of all - for people to say “these things happen, we just want to get back to business”
I fear because of peoples unreasonable expectation to be “made whole” which is a number that can never be large enough to make them happy, BP, and the other oil companies are going to drastically reduce their plans for drilling in the Gulf.
This will be a double disaster from which the Gulf will never recover - an oil spill, and the loss of the highest paying jobs the area is ever likely to see.
Short-sighted citizens and politicians will be left lamenting their victimhood for generations - when it could all have been over in a year.
No but we’ve been pissed off majorly now twice in the last five years.
Unfortunately it's being managed by people that specialize in turning victimhood into a multi-generational quagmire, so they and their friends can stay rich pretending to fix it.
No, BP should actually pay for any negative economic consequences that occur because of their corporate negligence.
It was willful negligence. They constantly have safety violations. They apparently knew this could happen in February but warned no one. They have been a bad actor throughout this entire thing using PR spin doctors rather than being honest.
I don’t want BP out of business. Far from it. I want them kept alive with a form of wage garnishment on top of it for the privilege of doing business here. If it’s good enough for deadbeat parents, debtors, and ex-cons paying their debts to society why shouldn’t it be good enough for BP?
“No, BP should actually pay for any negative economic consequences that occur because of their corporate negligence.”
They won’t be able to pay for the unending stream of sob stories that will linger on for years. Some of them legitimate.
“don’t want BP out of business. Far from it. I want them kept alive with a form of wage garnishment on top of it for the privilege of doing business here.”
Friend, if BP is not punished swiftly and with finality, the “privilege of doing business here” will be politely refused by any and all oil companies.
Then you will know true disaster. You’ll be able to blame it on BP, to be sure, but their US subsidiary will be long gone, drained of all assets by lawyers and ‘victims’.
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