Who should pay for the cleanup of this oil disaster? for that matter who should be cleaning it up?
May those that died rest in peace, my sympathies go to the families.
Who should pay for the cleanup of this oil disaster? for that matter who should be cleaning it up?
May those that died rest in peace, my sympathies go to the families.
BP is responsible and I think they even agreed to pay for the clean up, and they should pay for it.
I've heard $4 a gallon gas will be here again for us this summer. I won't be taking as many trips to Santa Fe at that price.
BP is (purportedly) wholly financially liable for the environmental aspect; I heard today their domestic liability (lost private income; think shrimp-boats, fishing, tourism, etc.) stops at 170 million.
I don't think that'll go very far.
"Researchers have already cast much darkness on the subject, and if they continue their investigations, we shall soon know nothing at all about it."
-Mark Twain
How very nice of them
I believe there has been a bill introduced to change that to 10 billion +/- and hopefully be retroactive
Edit; http://news.yahoo.com/s/ap/20100503/...pill_liability
Thanks for both answering the financial part, but what about who should be doing the cleanup. Should it be all these government agencies or should the free market be solving this problem?A law passed in response to the 1989 Exxon Valdez spill in Alaska makes BP responsible for cleanup costs. But the law sets a $75 million limit on other kinds of damages.
Economic losses to the Gulf Coast are likely to exceed that. In response, several Democratic senators introduced legislation Monday to raise the liability limit to $10 billion, though it was not clear that it could be made to apply retroactively.
Last edited by devilsadvocate; 05-04-2010 at 09:06 PM.
Wasn't Bobby Jindal- at least briefly- the face of the "Keep Big Gubmint Outta My State!" brigade (otherwise known as Republicans/TeaBaggers)?
Did he not sponsor a bill ((here) encouraging the very same offshore drilling now threatening to destroy his coastline?
Where is the rhetoric and the "firmly held" beliefs now that the rubber finally meets the road?
Dollars to donuts this whiny little bitch starts complaining about the Federal response any day now.
"I am the one who knocks."- Heisenberg
You doubt the sincerity of their ideology?
There's an ideology behind all this nonsense?
Don't tell Sarah Palin...she hates elitist concepts like ideology.
"I am the one who knocks."- Heisenberg
BP should be paying the entire ticket, compensating any entities enlisted to help, including the U.S.
If BP is slow on the uptake, and an honest appraisal (good luck with that) of the environmental threat indicates more need be done, unilateral action should be taken with costs accruing to BP.
Last edited by j2k4; 05-05-2010 at 07:50 PM.
"Researchers have already cast much darkness on the subject, and if they continue their investigations, we shall soon know nothing at all about it."
-Mark Twain
But aren't the scariest words ever muttered "I from the government and I'm here to help"?
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