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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (44187)7/15/2010 1:17:53 PM
From: TimF  Read Replies (1) | Respond to of 71588
 

Nor EITHER is it any reason whatsoever to allow such a transfer of RISK from the 'free market' business sector to the TAXPAYERS.


There is no transfer to the taxpayers of the cleanup costs. Such costs are already excluded from the cap (and the cap is entirely waved if safety regulations are found to have been violated, which probably will be the case with every major spill considering how extensive regulations are, at least a minor technical violation is likely to be found, and perhaps something much more substantive.)

As for the costs of capping the well BP is paying those directly.