Time to seize BP assets

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Seamus_L said:
If BP is criminally negligent and cannot or will not pay ALL settlements, why would seizing there assets be wrong ?
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  1. I think that would be up to a bankruptcy court, if BP filed bk in the US.
  2. Some conservative folks think a damage claim fund is too extreme. Seizing assets is off the chart.
 
Dale_M said:
eh… I am glad that BP is providing compensation to persons adversely affected, but to dismiss the reporting of the catastrophe in the Gulf of Mexico as a creation of the “Media of Fear” seems unjustified. If you have evidence to support that view, I welcome to hear of it.
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It is not a “creation” of the Media of Fear. I never used that word. The Media of Fear needs eyeballs to sell commercials. The more eyeballs the more they can charge. Balanced reporting lowers the fear factor. Some background:

abc.net.au/news/stories/2010/05/03/2888880.htm

All I’d like to see is (A) balanced reporting, which means (B) a little more exposure on what is actually getting done. I mention 1.1 million gallons of oil being recovered as a positive thing. But the fear level goes down if the perception is that things are getting done. The number of eyeballs goes down and so do revenues. That’s all I’m pointing out.

God bless,
Ed
 
Beau_Ouiville said:
  1. I think that would be up to a bankruptcy court, if BP filed bk in the US.
  2. Some conservative folks think a damage claim fund is too extreme. Seizing assets is off the chart.
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That’s for SURE!

Actually–the company that owned the well is a subsidariy of BP. BP COULD have let them go bankrupt and been legally off the hook. They did NOT do that. So, lets give them a little credit here–being charitable Catholics…

Did you know that Exxon is still in litigation over Alaska’s spill?
 
Lutheranteach said:
Or George Bush’s fishing trip before he ever went to New Orleans to view Katrina damage
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Oh brother here we go again! What does Bush going on a fishing trip have to do with the Gulf Oil Spill?

So because according to you Bush did not do enough about Katrina that lets Obama the POTUS off the hook for how he is handling the oil spill? Obama is the POTUS NOW the oil spill is happening NOW. Bush is not POTUS NOW Obama is.
 
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