SonyAD
- 68
- 0
mynameinc said:I think you mean a year. But, the >$64,000 question is, will the escrow fund settle everything?
Probably not. But BP and their R courtesans will fight tooth and nail all the way.
mynameinc said:But the payments could be so large that it has a good chance of bankrupting them.
Excellent. Make an example out of them. Then seize their assets by executive decree to pay for the catastrophe they've caused.
mynameinc said:1) He made it clear he was only speaking for himself. Also, did he say anything about bankruptcy?
The difference between him and most rightwingers is he spoke his mind.
I've had the displeasure of meeting an American professor of the RW political persuasion and I know for a fact how they think.
mynameinc said:2) Will $14B cover the cost? Really, the $20B Gulf tourism industry is the largest of their problems. That should recover quickly. However, the Louisiana tourism and fishing industry is worth >$6B a year, and is destroyed for years.
Nothing will recover quickly. Not the ecosystem, not the local economy.
mynameinc said:Which supermajor does Liqui Moly belong to?
They're a German outfit manufacturing only in Germany. I think they buy their base stock from Ravenol but I'm not sure and I don't remember where I read that.
russ_watters said:Are you suggesting that that $14 billion is just sitting around in a bank somewhere or are you suggesting that BP is going to make a $14 billion profit this year? Either of those claims would require at the very least a logical argument to support them.
Are you really, really, seriously suggesting BP, which has a quarter trillion dollars in assets, 100 billion in equity, might be unable to gradually acquit themselves of a $20 billion escrow fund without risking bankruptcy? It's not like the claims come all at once. They take time to process, which will be purposefully drawn out. Many will be rejected as unfounded.
Even if BP goes under, tough tamales. It could hardly have happened to a more egregious corporate miscreant.
mheslep said:Out of the way of the http://www.newser.com/story/89765/jindal-to-us-were-not-waiting-for-you.html" and refused.
Please spare me the Fox news and BJ's talking points. The gulf states' governors' haven't even deployed the national guard.
Start watching something other than the RW propaganda outlets.
Last edited by a moderator: