Wednesday, June 16, 2010

BP get's the shaft......

They paid Oba mama millions in contributions and still have to cough up $20 billion.

Out of hundreds of billions in clean up cost who says crime doesn't pay, right?


The Coming Depression: Estimated Cost For Gulf Cleanup is Over 1 Trillion Dollars. BP to Give 20 Billion For Claims
The oil disaster in the Gulf of Mexico is a corporate crime whose magnitude almost defies comprehension. The eventual cost—combining damage to complex Gulf and coastal ecosystems, wiping out of the fishing and tourism industries, and long-term health consequences for the population of the region—is likely to total over $1 trillion.
The explosion that destroyed the Deepwater Horizon drilling rig, killed 11 workers and began the massive and continuing flow of oil was not an “accident,” but the product of willful corporate cost-cutting and negligence. Further evidence of this fact was provided Monday in documents released by the House Energy and Commerce Committee. One document was an email from a BP engineer, Brian Morel, on April 14, six days before the explosion, in which he described the rig as a “nightmare well which has everyone all over the place.”


No comments: