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Politics : Formerly About Advanced Micro Devices

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To: Brumar89 who wrote (572277)	6/17/2010 5:33:59 PM
From: tejek	Read Replies (1) of 1575764

Not at all, I just feel even more outrage at the ignorant prancing crooks and liars in Washington. If anything, I would have more reason than you to be upset with BP. Its my industry and part of the economy they've done damage too. Look....I am not in your industry but I am as disgusted as you are by the behavior of the talking heads and politicians when it comes to BP. So disgusted, I barely watch cable news at nite these days. BP is an easy scapegoat and they are going after the company like its a 'hanging party'......with way too much glee. But not for one second do I want BP to weasel out of paying for the damage they have done which from all accounts is at least in part due to BP negligence. The oil industry/corp. has had a history is this country of paying little for the damage they do. I posted about Occidental and Love Canal this AM. Last week, I posted how Exxon was able to reduce their penalties for the Valdez spill from $5 billion to $500 million. That's not reasonable given the level of damage done. I hope you agree with me that all companies need to pay for the damage they cause and not to use the legal system to keep from paying. I think it would be reasonable to bar BP, assuming it survives, from leasing and contracting with the federal government, removing them as operator on projects where the government has an interest as lessor (like Prudhoe Bay) for some period of years. (That would mean no operating in US waters or federal onshore lands. I think a sizeable fine on top of its liabilities is appropriate as well. I think the time to do all that is AFTER the well is killed though. I don't agree with you. I think they should be allowed to continue drilling so long as they take precautions and become better prepared to clean up after a spill. Clearly BP and probably most oil companies are not prepared to take care of a spill. That has to change. But I still don't like show trials, political lynch mobs, and ripoffs. That we can agree on.

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