Quote:
Originally Posted by 450slcguy
Tell that to the people on the Gulf coast and see what it gets you. ... I think the reasons and whatever tactics used were more than justified. What you call strong arming I call justice and leadership on Obama's part. 20 billion is just a drop in the bucket compared to the current and future costs are going to be.
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Are you kidding? The future costs are this...
Who cares what the price/barrel is/will be. BP will charge a little bit more to recoup that dollars they pay out to anyone, if at all.
It's the consumer of the BP products that will be paying the costs.
That's how it works in the private sector.
If it didn't, BP would no longer exist and then, guess what?
Who else is at fault and is still standing?
If BP folds, all the money being promised is nothing more than a politians' promise...and we all know what those are worth.
Anyway you look at it, that hole in the bottom of the ocean is costing us ... and will continue to cost us for a LONNNNNNNGGGGGG TIME.
Buying property along the Gulf Coast is not a good idea...and will remain that way for an even longer time.
I can't even begin to imagine what the shoreline, let alone 20 miles or more inland, will look/smell like if even one hurricane makes landfall anywhere between NO and the west coast of Florida.
Anyone run that scenario, yet?