Obama Seeks BP Escrow Account to Cover Oil Claims

June 14, 2010

  • June 14, 2010 at 2:25 am
    Mat Lauer says:
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    THIS JUST IN!…
    Obama names BP CEO Tony Hayward as Oil Csar. Although he has not spoken to him in 54 days, he has given him all authority over all our coastal waters and polution prevention efforts in the Gulf. In an interview with the president he stated that if he does not like what happens down there he has someone else that he can blame along with Bush. He also stated that we might create an Oil polution committee made up of congressmen to figure out how to stop the oil leak. Bwaney Fwank has agreed to head up the committee due to his expertise and great work in the Banking area, when asked what he thinks he stated that he would use a very large condom.

    Now that is leadership you can believe in! Hows that “HOPE AND CHANGE WORKING OUT FOR YOU!

    “HOPE” FOR NOV 2010 AND “CHANGE” IN 2012

    Read more: http://www.insurancejournal.com/comments/?a=/news/national/2010/06/10/110607.htm&c=162098#ixzz0qqv13FBj

  • June 14, 2010 at 2:37 am
    Ralph says:
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    are you going to post that after EVERY article, genius? Believe me, I’m no fan of Obama, but this was funny the first 30 times I read it…

  • June 14, 2010 at 2:46 am
    TN says:
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    Keep milking that 15 minutes Mat.

  • June 14, 2010 at 3:28 am
    TXun says:
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    There was an article – in last week’s Dallas Morning News paper(?)- about BP’s “contingency plan” in case something like this happened. It referenced marine life not even found in the Gulf, State Agency(s) & offices that are no longer around, phone numbers that are no longer working, a TX A&M expert they’d use (duh- he died in 2005)& they’d send a lot of tankers to slurp up the oil… WHAT A JOKE! but we’re not laughing..

  • June 14, 2010 at 3:29 am
    Sheltowee says:
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    BP will go bankrupt and pay next to nothing for all they’ve done. Obama acting sooner or later is irrelevent. There was nothing that could be done to save the 11 workers and the wild life.

    BP won’t stop the oil from leaking and the damages will exceed 20 billion. In fact it will take more then our life time to bring back what they have destroyed.

    There should be no more drilling. Regardless of who loses a job. They can join the fishermen and the travel industry and move north or live off of what is left of the land beneath their feet

    Obama was against off shore drilling and this the only thing that could have been done. But did you or anyone else listen? You reap what you sow.

    This was the punch Iran was threatening. Wise up to the fact that BP and Britain are not our allies. They can’t be. They are on the wrong side of the hemisphere.

    Without our economy we have no military worth speaking of. Get it now?

    Obama needs to get the 20 billion if he can from whomever and get the oil stopped with the aid of US engineers. People who love our country and will die for it’s freedom and to preserve it’s beauty.

    It can be stopped but time’s a wasting.

  • June 14, 2010 at 3:42 am
    TXun says:
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    BP is not about to let itself go bankrupt. There are WAY too many British pension plans invested/tied to BP for Britian to allow this to happen.

  • June 14, 2010 at 4:16 am
    Wally says:
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    How exactly is Britain not our ally? Did they blow this well on purpose, or was it actually an accident?

    Preach all you want, our dependence on oil is going to take YEARS to solve. This is an absolute crisis, but BP going bankrupt will not clean up the mess.

  • June 14, 2010 at 4:16 am
    CommonSense says:
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    Can the president legally require BP to set up a trust?
    Would a trust really be ‘independent’?
    Will BP ‘make good’ its obligations without a trust?

    Mayor Bloomberg made a good point – first fix the problem, then fix the blame. No one is better qualified to clean this up than the oil companies; and the oil companies need to focus on cleaning up the mess not managing media hungry politicians.

    On its own it is tragic with politics its a debacle.

  • June 14, 2010 at 4:38 am
    Deputy Dog says:
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    BP cannot be required to set up a trust.

  • June 14, 2010 at 4:42 am
    InsuranceGeek says:
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    This is a little disingenuous to expect anyone to be able to predict anything about this stopping this leak.

    The oil companies are, with out a doubt, the most qualified to stop the leak. BP is working with other oil companies to stop the leak.

    The government should only be monitoring the progress and working to stop the effects of the leak.

    Keep in mind the safety issues involved at the leak – if boats full of media are near the leak there are huge safety logistics that need to be considered to protect life and prevent additional damage to the ships and platforms working to stop the leak and manage recaptured oil.



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