40% of their dividends are owed to US citizens.
I’m curious, would this fund be the cap on liability for BP? If so, and if the damages exceed the 20 billion, who would pay the balance?
So they didn’t discuss plans to plug the damn hole?
If BP goes TU, then what?
With Feinberg at the helm of the escrow account, what do you expect? What’s $20 billion when you can pocket much more? I’m so glad that this escrow account will be handled by someone so qualified. “Feinberg”? HELLO?
This is bs. The money BP will make is for slush funds to pay for Obama’s friends or whatever like Hammas and BP knows it. Don’t you just love this little shell game they play for us
Like some of the CEOs today who are professional CEOs going from company to company not even knowing about the product. Like GM. They are chosen mainly because they know international law.
Halting the $10 billion-a-year dividend,
reducing taxable income by ten billion --putting "folks" in hardship, impeding economic activity further, cutting tax revenues...
reducing investments in drilling
tightening supplies of the key commodity, reducing economic activity further, boosting the size of the pie for hostile states
and selling oil and gas fields
see above; sweetheart deals likely.
Extortion is a criminal offense, which occurs when a person either obtains money ,property or services from another through coercion or intimidation ...
With the increase from 15% to your current marginal rate plus the 3.9% medicare tax, Obozo will lose a boatload in tax money from BP's dividend recipients.
Gulf Coast fishing and Tourism
Sights on all energy sectors.
How many American industries can one administration WRECK in under 2 years?
Whose industry will the Øbama wheel of misfortune land on next?
How many will it take before we oust this free-market death machine?
Also the Wednesday, 6/16/2010 Speech after the BP Meeting ...