DescentBB

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I'm a registered republican, however I am of the opinion that BP must be made to pay for the clean up. That being said, bankrupting a company to prove you are \"the man\" is downright despicable.

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alphadog: what if BP was a person, who vandalized and destroyed an entire city block? smashing windows, tearing up furniture, and burning down houses?

what would you do then?

Ferno wrote:alphadog: what if BP was a person, who vandalized and destroyed an entire city block? smashing windows, tearing up furniture, and burning down houses?

what would you do then?

while I'm not defending BP

they did nothing near what you described. there was no intent to damage anything.

a more accurate analogy would be the great Chicago fire and Mrs. O'Leary's Cow

\"The Man\" sits comfortably in his chair knowing that his company and his own behind is so big that it has broken the system and the taxpayers will be forced to bail both out no matter how badly he screws up.

Bet51987 wrote:

AlphaDoG wrote:..That being said, bankrupting a company to prove you are "the man" is downright despicable.

Are you implying that a limit of liability should be set for BP? Who would pay the costs after that? Could you explain?

Bee

honestly I havent thought about it much. but in the Insurance industry there are policy limits. you have one on your auto policy. possibly in the 25-50K range, so if you cause an accident with multiple cars and the damages you cause runs over your policy limits then the other carriers must step up and pay the balance. I understand the scope is much larger in this instance

Look I already said BP should be made to pay for cleanup. Bankrupting BP will only serve to thrust the onus (obligation) onto the taxpayers of this country.

Obama would like to manage BP's monies so that his administration could pay out any claim no matter how frivolous. The Obama administration could go through BP's wealth in one day and never blink an eye.

CUDA wrote:while I'm not defending BP

they did nothing near what you described. there was no intent to damage anything.

a more accurate analogy would be the great Chicago fire and Mrs. O'Leary's Cow

well, they did intentionally neglect safety measures.. so you make the call.

Krom wrote:"The Man" sits comfortably in his chair knowing that his company and his own behind is so big that it has broken the system and the taxpayers will be forced to bail both out no matter how badly he screws up.

Obama?????

CUDA wrote:

Ferno wrote:alphadog: what if BP was a person, who vandalized and destroyed an entire city block? smashing windows, tearing up furniture, and burning down houses?

what would you do then?

while I'm not defending BP

they did nothing near what you described. there was no intent to damage anything.

a more accurate analogy would be the great Chicago fire and Mrs. O'Leary's Cow

..the cow was pushed.

just a bit of trivia. It was spontaneous combustion from hay in a barn. iirc it was bailed. Also, the O'learys were the scape goat to appease the city to avoid a riot. The real problem in that case was Poor communication and a lack of services. It took an hour or better before any "firemen" showed up.

Personally, off the hip, I think that BP should kick over a chunk of money, but I think that Obahma was bit outta line making demands like that of a foreign company. THIS is why we don't sell our land to foreign powers.

Has anyone heard if Mexico or any other Gulf country has said anything?

Also, I understand that this rig is barely a year old?

Duper wrote:Personally, off the hip, I think that BP should kick over a chunk of money, but I think that Obahma was bit outta line making demands like that of a foreign company. THIS is why we don't sell our land to foreign powers.

maybe not but you sold your debt, manufacturing and customer service to foreign powers.

sadly, all too true.

CUDA wrote:

Bet51987 wrote:Are you implying that a limit of liability should be set for BP? Who would pay the costs after that? Could you explain?

... in the Insurance industry there are policy limits... so if you cause an accident with multiple cars and the damages you cause runs over your policy limits then the other carriers must step up and pay the balance.

Not quite.

When your insurance's coverage limits are up, then the parties who suffered the loss can come after you for the remainder.

Now, there are some legal protections for individuals (so people aren't put out on the street), but I know of no such protections for corporations.

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Let's say I owned a company that did $100K of damage to Joe, and I only had $70K of insurance coverage. Joe can then go after my company for the remaining $30K. If the company's assets can only cover $20K, then he can come after me for the remainder.

Foil wrote:

CUDA wrote:

Bet51987 wrote:Are you implying that a limit of liability should be set for BP? Who would pay the costs after that? Could you explain?

... in the Insurance industry there are policy limits... so if you cause an accident with multiple cars and the damages you cause runs over your policy limits then the other carriers must step up and pay the balance.

Not quite.

When your insurance's coverage limits are up, then the parties who suffered the loss can come after you for the remainder.

Now, there are some legal protections for individuals (so people aren't put out on the street), but I know of no such protections for corporations.

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Let's say I owned a company that did $100K of damage to Joe, and I only had $70K of insurance coverage. Joe can then go after my company for the remaining $30K. If the company's assets can only cover $20K, then he can come after me for the remainder.

not if your an LLC

BP is 100% responsible for this. If they have to go bankrupt, so be it. They are the ones who decided to drill there, they are also the ones who decided to cut back on safety to make more money. Hence they should pay for the damages (for decades to come) with there blood.

AlphaDoG wrote:I'm a registered republican, however I am of the opinion that BP must be made to pay for the clean up. That being said, bankrupting a company to prove you are "the man" is downright despicable.

You are a pig. This company just dumped KANSAS in the gulf of Mexico to save 7-10 million bux on a pipe. They made 2.2 Bills in profit last quarter. ★■◆● em. They ruined things for many decades to come so you can drive your garsh darn truck.

We all did this... you fuckin pigs. Im not kidding I really hate you. Don't rationalize hard whurker trucker whurker! They make your fuel!

TheWhat.logic() == \"fail\"

CDN_Merlin wrote:BP is 100% responsible for this. If they have to go bankrupt, so be it. They are the ones who decided to drill there, they are also the ones who decided to cut back on safety to make more money. Hence they should pay for the damages (for decades to come) with there blood.

BP is NOT 100% responsible for this catastrophe, regulations here in the US restricted where they could drill, so they drilled where they were allowed.

They did however decide to cut corners, so I AGREE they are TO BE HELD ACCOUNTABLE for that. That being said, if they were to have been ALLOWED to drill on land and/or shallow water, we would not STILL be discussing this.

TheWhat wrote:

AlphaDoG wrote:I'm a registered republican, however I am of the opinion that BP must be made to pay for the clean up. That being said, bankrupting a company to prove you are "the man" is downright despicable.

You are a pig. This company just dumped KANSAS in the gulf of Mexico to save 7-10 million bux on a pipe. They made 2.2 Bills in profit last quarter. **** em. They ruined things for many decades to come so you can drive your garsh darn truck.

We all did this... you **** pigs. Im not kidding I really hate you. Don't rationalize hard whurker trucker whurker! They make your fuel!

You need to fold yourself in half and digest yourself!

Isaac wrote:TheWhat.logic() == "fail"

ya it's not the first time he's failed

A good close up for perspective.

Bet51987 wrote:I was completely shocked when one of the GOP lawmakers apologized to BP for Obama making them pay for the disaster. Awesome.

Heh -- Republican, Under Pressure, Backpedals From Apology to BP

AlphaDoG wrote:BP is NOT 100% responsible for this catastrophe, regulations here in the US restricted where they could drill, so they drilled where they were allowed.

that's bullcrap and has absolutely NOTHING to do with what happened. and you know it.

They are 100% responsible. They decided to disregard safety measures, the rig caught fire, and sank. It's no one else's fault but their own.

it's like trying to tell someone you're not at fault when you hit something with your car 'because regulations restricted me from driving up on the curb'.

I wonder if BP America is one of those businesses that can be declared 'too large to allow it to fail'?
So if the administration can strong arm it in the name of justice so thoroughly that it teeters on the brink of failure the administration can then step in and take it over in the name of saving us from the impact of it's collapse....

Barak Petroleum...hey cool! Don't even need to change the signs or anything!!

Will Robinson wrote:I wonder if BP America is one of those businesses that can be declared 'too large to allow it to fail'?
So if the administration can strong arm it in the name of justice so thoroughly that it teeters on the brink of failure the administration can then step in and take it over in the name of saving us from the impact of it's collapse....

Barak Petroleum...hey cool! Don't even need to change the signs or anything!!

Thats exactly what I implied in another thread

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Lol, the one who never answers the “what would you do” questions has a lot of nerve.

Bet51987 wrote:

CUDA wrote:Thats exactly what I implied in another thread

How about you Cuda. How would you handle it?

Bee

Easy answer

We get the GOPSCOTUS to allow unfettered corporate donations to candidates, which will allow those corprations to effectually buy the election, and since they will not want a politician in office that will continue to rob them blind, Steal their businesses, or regulate their industries, they will buy the Whitehouse for a member from the "Party of NO". then we all can live happily ever after

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Bet51987 wrote:So, tell me Will... Lets pretend we remove Obama from the equation and put you in his place. What would you do with BP and the oil crisis?

Bee

I wouldn't worry about the unions so I'd have allowed outsiders to come steaming into the Gulf with all those ships and gear to help us...

I wouldn't worry about looking for someones ass to kick over this while I was on the golf course. Come to think of it what is with these black guys trying to find the fictitious culprit on the golf course?!? First O.J....now Obama...WTF?!?

I wouldn't react as if the potential for an accident was unknown before this incident therefore I wouldn't be trying to shut down all water born drilling rigs.

I wouldn't be trying to convince the country I was going to solve the problems by declaring the path to alternative energy before I actually had a clue as to how/what/where and when that path would be found and traveled.

I would point out that if we had been drilling in ANWR, on frozen tundra instead of a mile deep under the Gulf, that a spill would be quickly controlled and cleaned up with a few bulldozers.

I'd tell Biden to go piss up a rope and remind him that he isn't even in the running for the smartest person in the room.

I wouldn't pretend that if not for my intervention BP wasn't going to be liable for damages.

I would suggest to BP to plan to pay the full price of the actual damages even if they start to exceed the cap limits because I'd ask congress to lift the cap by way of additional legislation.

I wouldn't claim the third party to manage any fund is a neutral party if he was also my appointed Pay Czar!

I wouldn't expect the media to carry my water for me.

I would be spending time with experts on clean up and not with lawyers crafting extortion like tactics and policy.

Then on the second week of the crisis I'd asses the situation and adapt my strategy for week two....

Will Robinson wrote:

Bet51987 wrote:So, tell me Will... Lets pretend we remove Obama from the equation and put you in his place. What would you do with BP and the oil crisis?

Bee

I wouldn't worry about the unions so I'd have allowed outsiders to come steaming into the Gulf with all those ships and gear to help us...

I wouldn't worry about looking for someones ass to kick over this while I was on the golf course. Come to think of it what is with these black guys trying to find the fictitious culprit on the golf course?!? First O.J....now Obama...WTF?!?

I wouldn't react as if the potential for an accident was unknown before this incident therefore I wouldn't be trying to shut down all water born drilling rigs.

I wouldn't be trying to convince the country I was going to solve the problems by declaring the path to alternative energy before I actually had a clue as to how/what/where and when that path would be found and traveled.

I would point out that if we had been drilling in ANWR, on frozen tundra instead of a mile deep under the Gulf, that a spill would be quickly controlled and cleaned up with a few bulldozers.

I'd tell Biden to go piss up a rope and remind him that he isn't even in the running for the smartest person in the room.

I wouldn't pretend that if not for my intervention BP wasn't going to be liable for damages.

I would suggest to BP to plan to pay the full price of the actual damages even if they start to exceed the cap limits because I'd ask congress to lift the cap by way of additional legislation.

I wouldn't claim the third party to manage any fund is a neutral party if he was also my appointed Pay Czar!

I wouldn't expect the media to carry my water for me.

I would be spending time with experts on clean up and not with lawyers crafting extortion like tactics and policy.

Then on the second week of the crisis I'd asses the situation and adapt my strategy for week two....

Asses the situation!
I'll asses it.

edit:

Don't worry, he's got is asses working on it with john.

I keed

BP cut corners and a terrible accident resulted. BP is liable for the damages. I see no moral quandary in making them pay, even if it bankrupts the company.

Obama has also mishandled the situation. We should have accepted all the help that was offered. We should have had berms already up before the oil hit the coast. But none of that lessens BP's responsibility in any way.