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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (77381)	6/5/2010 12:41:26 AM
From: ChinuSFO	Read Replies (2) \| Respond to of 149317

The difference is the timing. You have to let BP do what they need to do first: which is to abate the flow from the leak. With the enormous flow you don't "kill the hen that lays the golden egg."

To: koan who wrote (77381)	6/5/2010 1:07:03 AM
From: Wharf Rat	Read Replies (1) \| Respond to of 149317

"Obama let loose on BP today big time." That did what? Make you feel good? I'm so happy. It changed nothing. Don't advertise, don't pay dividends? LMAO. They can walk and chew gum at the same time. They will pay dividends as long as they have the profits to produce them, and they will have profits as long as oil is our drug. What Obama gets is peak oil. Notice he has never said "We must stop drilling"? Nothing in this world is as simple as you would have it. I don't think we'd react real well if the Brits told us it was our water, and to decrease SS payments by 8%, and use that money for cleanup.... The BBC’s business editor Robert Peston said: “Given that BP is a core holding of most British pension funds, that’s tens of billions of pounds off the wealth of millions of British people saving for a pension. “With BP dividends representing about 8 per cent of all income going into those pension funds, and a considerably higher proportion of all corporate dividends received by those funds, if BP’s oil spill causes collateral damage to its dividend-paying capacity, many of us will be feeling a bit poorer.” pensionpulse.blogspot.com We could always buy out their investment in Prudhoe...oh, wait...we're broke.