Skip to comments.LIE: Obama Says Person In Charge Of BP Escrow Account Is "Third Party" -- HE'S NOT
Posted on 06/16/2010 12:41:47 PM PDT by i88schwartz
President Obama says the $20 billion BP has committed to is not a "cap."
"BP will meet their obligations" to the people of the gulf, he said.
"Another important element is that this $20 billion fund will not be controlled by BP or the government." Obama said the escrow account will be executed by an impartial third party. Ken Feinberg will run the BP escrow account.
UPDATE (@ 3:34:19 PM ET): It should be noted that Ken Feinberg is not an "impartial" third party. He has previously worked for the Obama administration in the Treasury department. His job was to oversee the compensation of top executives at companies which have received federal bailout assistance.
(Excerpt) Read more at realclearpolitics.com ...
Someone with more time on their hands, PLEASE make this stick! (Or give it its own thread)!!
What a surprise. NOT!
no he isnt and anyone he appoints wont be..but one thing you can count on is that he will take his share of the pie.
It never ends.
Has freddy and fanny been downgraded to penny stocks?
there is no limit on what third parties charge for their services.
We need to keep a sharp eye on the latest Obama slush fund. I can just imagine those getting in line for some “free” money.
Are you a member of a TeaParty that has a commercial fishing boat on the coast?
No $$$ for you EVER.
I believe Jamie Gorelick landed on the side of BP defense in this one.
1984, Dept. of Corrected History
These are professional sneaks, cheats and liars;
they know how to skim for friends of government, no one will ever notice and those that do will be silenced.
How can he say one of his Tzars is “an impartial 3rd party”? That’s obviously a rhetorical question.
This money will never be used for the clean-up...well, except that SEIU will certainly “clean-up.”
Hey that’s a damn fine can. I wouldn’t be able to contain myself. Sure, I’m not Governor, but I’m smarter than Charlie.
Obama, Obama, Obama! He gonna give us free money. I donno where he gets it but he gonna give it to us!
Much of this $20 Billion will end up in union executives hands, to be returned to the Dems for re-election purposes.
Nail meet head.
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