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GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: Maurice Winn who wrote (96811)11/30/2012 11:29:07 AM
From: GPS Info2 Recommendations  Read Replies (1) of 217576
 
This is funny in a way. I asked if you understood the difference between our points, but it is now clear that you do not understand. For the hell of it, I’ll restate my point:

People who receive entitlements should not dismiss the associated costs of those benefits.

Spending more money on safety does not necessarily make people safer.

This is irrelevant to my point. Even if BP had a perfect safety record and the accident was well beyond their control (laughable, I know), the price of the environmental damage and cleanup is an associated cost of providing oil into the world market. This is a cost associated with providing a profit to the company, a dividend to the stockholders and a pension to the retirees. These costs should not be dismissed, especially by anyone benefiting from the business of oil extraction.
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