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Drive the British out of our waters!! So the others can move in. ; )
why would anyone pay a volunteer...?
kind of like burying survivors?
It makes about as much sense as charitable donations being tax deductible.
The question is irrelevant. $20B is just the initial size of the escrow account. It in no way represents a cap or an estimate.
I love the $20 billion number. It's an arbitrary figure that sounds impressive. Of course nobody knows what the actual cost would be. If the government estimates $20b, then it's probably more like $50b or $100b. The cleanup and restoration will go on for decades. I think that the $20billion should be used to start the cleanup fund. Then every oil company or other mineral digging, disaster prone company can contribute tens or hundreds of millions more on an annual basis. These millions should be directly diverted from all lobbying efforts in Washington.
As usual, big business wins. The damage to the environment from this is enormous. Instead of monetary punishment, having BP and other big oil concentrate on RESEARCH into alternate energy systems would be better! Of course, this would mean a change in their primary business.
When it comes to money/profits vs Nature - Nature loses every time!
no way...100B is more like it..Amen
The administration has effective bypassed the judicial and legislative branch with this money grab. Be careful what you wish for. Why don't we stop the leak before we take any more money from shareholders and pensioners.
At present, Exxon (for the valdez leak) has had to pay $500 million and continues to fight paying even that.
You can put a shovel into the sand in alaska and hit valdez oil!!!
good luck getting any money out of BP.
Some "volunteers" are paid by BP.
We have a friend in veterinary school who was paid $250 per day for helping clean pelicans. The sleeping trailers were all full, so BP also provided motel rooms.
No amount of $ can restore what has been damaged.
I just saw a sad sad report on Nigerian waters damaged 50 years ago by an oil spill....
Shell has been spilling/leaking oil there for the last forty years: The equivalent of an Exxon Valdez spill EACH YEAR for FORTY YEARS.
It's a start! At least there may be a chance of people getting compensated. Not like after the Exxon-Valdez where no one got their money for nearly twenty years.
Let's bankrupt them for what we the people have demanded-low cost fuel. This is our fault. Bankrupting them only kills jobs. You think it's bad now, just wait until the government takes over!
Doesn't it reward those businesses who operate safely with more business opportunity?
Ford Pinto workers were probably put out of work when the cars they built starting exploding because of poor business decisions too.
The amount doesn't come close to how much this is going to damage.
I never liked white powder sands anyway.
There is no amount of money that could fix this environmental and economical disaster!
Irony....Texas Congressman Joe Barton (R) apologized to BP for Obama, calling the President's requirement for BP to fund the cleanup and compensate the residents of the Gulf a "shakedown". I didn't know whether to laugh or cry.
And Barton's sentiment is shared by 114 republican house members, known as "The Republican Study Committee".
When you have a President that has no management skills this is what you get..
Law passed after the Exxon spill says the president is responsible for our shores..
There is a 3B spill fund that could have been tapped but wait no management skills..
Could have lifted the Jones Act to get foreign help but wait no management skills..
There was 14 to 17 foreign countrys that would help but were told we don't need you, again no management skills.. I would not let him drive a icecream truck..
If oil drilling was as harshly regulated as the nuclear power industry, these waters would still be pristine. The nuclear power industry is harshly regulated, which it needs to be...and that's what makes it so safe today. Let's get rid of oil & coal, maybe use some natural gas in the mean time (which we have plenty of, right where you are standing now) and switch over to solar, wind and nuclear.
You need to change your moniker. Doesn't sound very right-wing-ish to me. But I totally agree!!
Well I don't listen to Rush or Beck...yes I'm conservative; but that doesn't mean I blindly follow every party line. I've even been known to compliment Barry on occasion (very few, but it's happened.)
Ain't enough to break BP, need a big enough number to force them out of business and eliminate all the big bad corporate jobs they provide.
'bout a gazillion is 'bout right.
Ban off-shore drilling NOW!! We don't have the technology to fix this expeditiously. As long as off-shore drilling is around, this is the risk we take. Is it worth it.$20 billion is less than 1/3 of the profit BP makes in a year.
link? Their profit was a little over 20 B last year and that was a good year.
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