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Originally posted by Tw0Sides
Ain't Capitalism Great?
USA USA USA
Originally posted by Tw0Sides
Ain't Capitalism Great?
USA USA USA
Originally posted by GogoVicMorrow
reply to post by kn0wh0w
So do the shrimpers get reimbursed for these lost wages too? I mean some already got settlements, but obviously that wont be enough now.
Originally posted by FissionSurplus
When the EPA told BP to stop dumping the corexit, BP told them no and kept right on doing it.
So the government bowed out and let BP do what it wanted. Yet if you or I were to dump a quart of motor oil in a storm drain, we would be fined big money and punished to the fullest extent of the law.
The whole time this disaster was happening, my husband had the live cam showing the blown well on his computer, and he stated that they were handling it all wrong from the beginning, and the way they kept playing with different caps and such was an obvious failure. My husband's family has been dealing with oil since the 1940s when his family drilled some successful wells in west Texas, so he understands oil and wells.
He feels it was done on purpose, to sabotage the Gulf, and I have to agree with him. By allowing the oil to flow unchecked, and then dumping a crap-ton of corexit into the waters, BP effectively killed the shrimping and seafood industry in the area.
Once it is deemed unfit for human consumption, the oil companies can drill, baby, drill, without any more worries about some pesky family shrimping business suing. It will be a dead zone, so the government cannot deny permits for deep-water drilling for fear of damaging the environment, because it's already destroyed.
Diabolical, evil, and totally on purpose.
Originally posted by Tw0Sides
Ain't Capitalism Great?
USA USA USA
Originally posted by lobotomizemecapin
. . .what more do they plan on doing to destroy the country?
Originally posted by Tw0Sides
Ain't Capitalism Great?
USA USA USA
During his time in the Senate and while running for president, Obama received a total of $77,051 from the oil giant and is the top recipient of BP PAC and individual money over the past 20 years, according to financial disclosure records.
And since he became president, he rolled back tax breaks and giveaways for the oil and gas industry, spearheaded a G20 agreement to phase out fossil fuel subsidies, and made the largest investment in American history in clean energy incentives.”
Not surprisingly, share prices of BP have fallen by more than half, over 55 percent, to be precise. Prior to the disaster, the stocks were trading above $60 in New York. 83 percent of Americans, the latest poll by AP-GfK suggest, disapprove of the way BP handled the crisis. International credit rating agency Moody lowered the rating of BP by three notches to A2 from Aa2. A statement from Moody said, "Moody's updated assessment is that the spill will have a sustained negative impact on the group's free cash flow generation and overall financial profile for a number of years."
“Goldman Sachs wasn’t alone either in its astute “foreknowledge” of the collapse of BP’s stock value due to the Gulf disaster as BP’s own chief executive, Tony Hayward, sold about one-third of his shares weeks before this catastrophe began unfolding too.
But according to this FSB report the largest seller of BP stock in the weeks before this disaster occurred was the American investment company known as Vanguard who through two of their financial arms (Vanguard Windsor II Investor and Vanguard Windsor Investor) unloaded over 1.5 million shares of BP stock saving their investors hundreds of millions of dollars, chief among them President Obama.
For though little known by the American people, their President Obama holds all of his wealth in just two Vanguard funds, Vanguard 500 Index Fund where he has 3 accounts and the Vanguard FTSE Social Index Fund where he holds another 3 accounts, all six of which the FSB estimates will earn Obama nearly $8.5 million a year and which over 10 years will equal the staggering sum of $85 million.
During his time in the Senate and while running for president, Obama received a total of $77,051 from the oil giant and is the top recipient of BP PAC and individual money over the past 20 years, according to financial disclosure records.
And since he became president, he rolled back tax breaks and giveaways for the oil and gas industry, spearheaded a G20 agreement to phase out fossil fuel subsidies, and made the largest investment in American history in clean energy incentives.”
Not surprisingly, share prices of BP have fallen by more than half, over 55 percent, to be precise. Prior to the disaster, the stocks were trading above $60 in New York. 83 percent of Americans, the latest poll by AP-GfK suggest, disapprove of the way BP handled the crisis. International credit rating agency Moody lowered the rating of BP by three notches to A2 from Aa2. A statement from Moody said, "Moody's updated assessment is that the spill will have a sustained negative impact on the group's free cash flow generation and overall financial profile for a number of years."
“Goldman Sachs wasn’t alone either in its astute “foreknowledge” of the collapse of BP’s stock value due to the Gulf disaster as BP’s own chief executive, Tony Hayward, sold about one-third of his shares weeks before this catastrophe began unfolding too.
But according to this FSB report the largest seller of BP stock in the weeks before this disaster occurred was the American investment company known as Vanguard who through two of their financial arms (Vanguard Windsor II Investor and Vanguard Windsor Investor) unloaded over 1.5 million shares of BP stock saving their investors hundreds of millions of dollars, chief among them President Obama.
For though little known by the American people, their President Obama holds all of his wealth in just two Vanguard funds, Vanguard 500 Index Fund where he has 3 accounts and the Vanguard FTSE Social Index Fund where he holds another 3 accounts, all six of which the FSB estimates will earn Obama nearly $8.5 million a year and which over 10 years will equal the staggering sum of $85 million.