Posted on 06/15/2010 5:50:01 PM PDT by Star Traveler
Cheers!
Several points. First one. This fund for “all legitimate claims” is a SLUSH FUND. BP is being told to fund it, but there is no guarantee that they will agree. They’re under no court order to do so. So you have to ask, why would BP agree to pay into the SLUSH FUND? There has to be a quid pro quo here. My personal suspicion is that anyone who accepts money from the fund gives up their right to sue. Kind of like how workers comp works. And that also means that you give up the right to any punitive damages that juries in the LA, MS, AL and FL coastal counties might award.
While I realize that a lot of conservatives favor tort reform, if there was ever a situation that begged for punitive damages, this would be a top candidate.
So coastal residents will get the choice, under economic duress, to take the pittance now from the SLUSH FUND or sue and hope for something better later. IF they even get that choice. Why does this smell like a sweetheart deal?
Also, who will “independently” administer the SLUSH FUND? ACORN?
“a fool can be judged by his many words”
If he had got a real scientist/engineer then maybe it would help....Al Gore has a Nobel prize too, its available at the bottom of every crackerjack box
Yah, and Bambi is a Nobel Prize winning president (oh, and if memory serves, so was Carter), apparently available on the roll next to the commode at every interstate highway rest stop.
I think I’ll refer to this as Obama’s Shame-Wow address.
ROFLMAO! Thanks! I needed a laugh today! :)
Mr.Obama is a pathological liar. He lied to the Nation once again. He refuses to face the fact that the leaks can not be stopped by conventional means. Only a controlled nuclear explosion will seal the leaks. But then why will He tell us the truth when He lies to Us about his name which is NOT Barack Obama.
A pathological liar will rather see you dead than reveal the truth. He is a very sick individual.
Here see Barack Obama confess the Scam of the Century:
http://freedomtalk.lefora.com/2010/06/08/is-nancy-pelosi-behing-the-scam-of-the-century-let/
RE: Obama’s statement that BP will pay for the cleanup. America owns 39% of BP shares
“Not only is BP 39% American owned (2% away from being an American company, as BP is 40% British owned), it also has as many American directors as British directors (six each) and a Swedish chairman.
It employs 22,000 Americans, 10,000 British, and pays $4.2bn of its profits into American pension funds among other American investments.”
heard this on the news and found it on yahoo.
That’s one of the problems with being “stockholder/owner” of a company. You get the problems, along with the profits ... one way or the other, depending on whether you made a good judgment in your purchase of stock or a bad judgment.
I think a lot of people are thinking, right now, that they made a really bad judgment in getting BP ...
Ummm..., I’m not going to even ask how they did that ... LOL ...
What if they file for bankruptcy?
It definitely shows “how BP operates” ... :-)
Didn’t BP give more money to our CIC than any other candidate?
What if they file for bankruptcy?
That's going to be a "tough go" for BP to do, especially when the CEO was just saying a few days ago that they had enough money to pay off the claims plus having BILLIONS of dollars left over ...
How is he going to explain the disappearance of BILLIONS of dollars ... LOL ... hoo-boy!
That’s what’s been popping up on several FReeper threads ... :-)
I have read reports that some of the toxic gas has traveled 20 miles inland.
I will never vote for him. I never have voted for him. I hate him.
Oh boy ... that’s not good ...
I just saw a FReeper today say that a friend of his was leaving Texas because of this and going north ... I was trying to find out if Tulsa, Oklahoma is far enough north... because that’s where I am.
We do get a lot of storms around here from the Gulf air masses colliding with Pacific air masses (and some down from Canada), in our neck of the woods. So, I don’t know about us either ...
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