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Registered Member #882
Joined: Sat Jul 07 2007, 04:32AM
Location:
Posts: 103
All the emotional "they're killing cute animals!" stuff needs to stop.
The main issue here is that the US Feds passed a law limiting liability damages for corporations. So go ahead, skewer BP, but they're only following the law they bought and paid for. Yeah, Obama is all about putting the Special Interests in Their Place. Their Place at His Side. ("BP and its employees have given more than $3.5 million to federal candidates over the past 20 years", per Reuters. google it.)
Cries for revenge or more regulation only feed the entity that allowed this spill to happen in the 1st place. Don't allow corporations to get by with less liability insurance then they should have. How much is enough? Let the underwriters of that insurance decide. They're the ones taking the risk.
PS: campaign contributions work just like the base on a BJT. a small current can switch a much larger current.
Registered Member #2123
Joined: Sat May 16 2009, 03:10AM
Location: Bend, Oregon
Posts: 312
BP has to pay royalties to the U.S. on the spilled oil, roughly estimated to be ~$10B so far, they have to pay all clean-up costs, also in the billions, their liability may be capped as some ridiculously low amount that the Republicans are protecting by blocking a change to $10B, but that may change as the extent of the damage and loss of livelyhood is made known to the people.
Wylie, your 'cute animal' comment is non-sequitur, your subsequent comments arrogant and uninformed. BP's criminal negligence is killing a large part of the ocean. A major portion of the oil is suspended underwater in an emulsion combined with a toxic surfactant that damages gills of aquatic life. This supension in volume will likely reach the North Atlantic Drift of the Gulf Stream current carrying it through the Grand Banks, one of the largest fisheries on the planet. It's probable that some of this oil will end up on the beaches of the UK.
TransOcean and Haliburton are the less-guilty part of this (I'm NO fan of Haliburton), it apparently was BP management that ordered criminal shortcuts in the backfill of the well pipe, and insufficient pressure testing of a damaged well head, apparently during a shouting match with TransOcean and Haliburton personnel. Some of those personnel are now dead.
BP's masquarade as a 'Green' oil company has been undone by their repeated attempts to lie about how big a leak this is, how little it will affect the ocean, and to have their goons (unsuccessfully) prevent people from taking photographs and video of the carnage of coastal waterfowl. I for one am glad BP's deceit has been exposed. They're no better than Exxon/Mobil.
Strict American Federal Regulation and Goverment inspection and first-person monitoring of territorial deep ocean drilling, with severe consequences, including criminal prosecution of executives, for failure to comply, is what needs to be put in place. Just like what Norway has in place, only stricter. Like it or not, drilling for oil in the ocean is going to continue. For the crime at hand, let the Investigation identify the guilty parties, and prosecute them.
Registered Member #2123
Joined: Sat May 16 2009, 03:10AM
Location: Bend, Oregon
Posts: 312
I'm paraphrasing this, but as reported on MSNBC yesterday, one of the Gulf (Louisiana?) coastal towns requested BP to finance equipment that could seperate oil/tar from sand for their beaches, the cost was ~$100K, and BP said the the cost was too high. A few days later BP unveiled their $53 Million commercial advertising campaign with Tony (Lying Sack of S**T) Hayward saying how sorry he was for this spill.
This situation will show just how 'Special' the U.S./U.K. relationship is. I don't see as much reporting on BBC about this, could BP have used their clout to get the BBC to reduce coverage, or am I just being too conspiratorial?
Registered Member #882
Joined: Sat Jul 07 2007, 04:32AM
Location:
Posts: 103
BP's criminal negligence
How about the regulators who were already in place who didn't do their job properly? Are they liable too?
A few days later BP unveiled their $53 Million commercial advertising campaign
What do you expect? Advertising works (for some reason i can't explain), so why wouldn't they? It's not like 53mil is even a drop in the bucket compared to the amount of money they're losing while the resource they've paid for the rights to extract seeps away into the ocean.
And again, I have to ask how MORE regulation will address the problems that the current regulation has already failed to address. BP just has to spend more on Bribes then? Or we just need to start a brainwashing core of clone troopers who will inviolably follow the regulations without ever being tempted by corruption? OH, and their genes would prevent them from ever becoming lazy.
Uncap Liability. Its the most efficient way to ensure that ANY business/corporate-entity can pay for their mistakes. And hey, it might just achieve that green-goal of making petrol less cost effective than renewable energy, to boot.
EDIT: And yes, it's totally f*&%ng retarded that the Feds have prevented Louisiana from taking their own measures to contain the damage. Left Hand Vs Right Hand armwrestling..... *sigh*
Registered Member #2123
Joined: Sat May 16 2009, 03:10AM
Location: Bend, Oregon
Posts: 312
The only point I agree with you on is uncapping liability, the rest of your circular argumentitive tome appears to be irrationally attempting to explain away BP's responsibility. It reads like something Glen Beck would say.
With regards to more regulation, Your logic seems like saying that house fires can be prevented by getting rid of the fire safety inspector.
If you really want that much less government interference, you can always move to Somalia. I hear they'll let you be a pirate.
Registered Member #2261
Joined: Mon Aug 03 2009, 01:19AM
Location: London, UK
Posts: 581
wylie wrote ...
...nationalised" (its spelled with a Z, or is that a limey thing?)...
American English seems very extravagant with the Z's from a UK viewpoint. For us Z is used just about as often as X, which is rarely. We use it in words like Zoo, Haze, Maze, Zap, Zip, Buzz. I can't think of any more. To a Brit, or me anyway, the wide use of Z in a US text makes it look like a DC comic or the speech bubbles from the 60's Batman TV series during a fight: Zzzzzzaaap!!!, Kaazzzooommm!!! etc. Those where also the main exposure over here to US spelling back then. Now the internet and Windows spell checkers has started to blur the distinction for me, but I never was much good at spelling. I wonder if schools will give up and accept certain US spellings have replaced traditional ones here. Some I'm sure will never change, like color instead of colour, and pronouncing the 'Z' as Zee instead of Zed.
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