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Re: I actually agree, Free Markets should be cleaning up the oil spill. BlackAdder Send a noteboard - 10/06/2010 03:41:34 AM
If BP is on the hook for this mess (as well as Transocean, Mitsui, and Anadarko to name a few), then why weren't firms like Goldman Sachs, Citibank, JP Morgan (who bought Bear Stearns only after being guaranteed a ceiling on Bear's liabilities) on the hook for the mess THEY caused (which is MANY MANY times worse)? Instead, the only question in Congress was how soon they could start feeding from the taxpayers' teats.

Instead of asking these companies to pay for the damages, we should be supporting a govt. sponsored (i.e., taxpayer) bailout for Big Oil, like we did for Big Money.


Indeed, I don't understand why government should clean up the mess - literally - caused by a private company? Why should the federal government use it's naval ships, coast guard, and its resources in bailing out BP? I say remove those ships all of them, and all government agencies helping out with the cleanup withdraw their resources. They should stand out of the way and let business be better, smarter, more efficient, and more effective at solving problems. After all, Conservatives and Libertarians seem to have an equal faith in the infallibility of business and the complete fallibility of government. Let BP deal with the full Public, Financial, and Environmental consequences of their actions. Honestly, I think that is a good idea.

Yeah, BP and the rest of the gang are responsible. I think most of the burden will fall on BP and maybe Transocean. Anadarko owns 25% of the well and theoretically is on the hook for that amount, but I would be surprised if they are found liable for neglect on BP's behalf (unless they also were guilty of neglect, which is not clear at this point).

I'm just curious to why all the Conservatives and Libertarians on this forum are not complaining that the government is bailing out private industry again? C'mon guys, why so quiet?

How is the government bailing them out? True, they are spending money but the bills are being forwarded to BP as far as I know.
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A friend on FB asked why there were no "Save the Gulf" concerts - 09/06/2010 03:13:52 AM 927 Views
Her complaint is legitimate. Why should the US government help Haitians more than US citizens? - 09/06/2010 04:25:09 AM 521 Views
Re: Her complaint is legitimate. Why should the US government help Haitians more than US citizens? - 09/06/2010 04:31:44 AM 538 Views
There are a lot people struggling right now who really can't afford to wait - 09/06/2010 04:47:26 AM 587 Views
Re: There are a lot people struggling right now who really can't afford to wait - 09/06/2010 05:15:33 AM 664 Views
That wins the award for stupid post of the month. Possibly the year. - 09/06/2010 08:31:18 AM 598 Views
They put you in charge of that award? is it like Miss USA where you pass on the title you hold? - 09/06/2010 08:47:57 AM 597 Views
I sometimes wonder where you lived in Houston. - 09/06/2010 04:24:42 PM 719 Views
Re: I sometimes wonder where you lived in Houston. - 09/06/2010 05:50:53 PM 683 Views
This isn't Karachi. - 10/06/2010 02:04:02 PM 716 Views
Re: This isn't Karachi. - 10/06/2010 03:39:30 PM 666 Views
What a shame then that no one HAS started such a program. - 10/06/2010 04:17:02 PM 650 Views
and eww im not from Karachi - 10/06/2010 03:40:56 PM 572 Views
Maybe. I'm glad to have found a legitimate successor. - 10/06/2010 01:23:56 AM 548 Views
My thoughts exactly. Thanks for posting this. - 09/06/2010 09:13:51 PM 574 Views
President Obama doesn't have the power to stop the oil gushing into the Gulf of Mexico - 09/06/2010 09:46:24 PM 646 Views
Re: President Obama doesn't have the power to stop the oil gushing into the Gulf of Mexico - 09/06/2010 10:03:52 PM 455 Views
So what exactly do you have a problem with? - 09/06/2010 10:14:30 PM 589 Views
well he does have a phone he could have used to call up the BO CEO and chat with him - 09/06/2010 10:42:07 PM 542 Views
You really don't have any credibilty left on this issue. - 10/06/2010 01:56:06 AM 570 Views
you really are a loon - 10/06/2010 05:19:56 AM 674 Views
What's funny is that companies like Haliburton are going to make bank off this disaster - 10/06/2010 06:14:07 AM 438 Views
Also there's Transocean - 10/06/2010 06:49:02 AM 512 Views
yes other evil oil companies stand to profit - 10/06/2010 02:55:33 PM 408 Views
Takes one to know one - 10/06/2010 06:18:54 AM 822 Views
He said more domestic drilling, not more offshore drilling. *NM* - 10/06/2010 08:25:14 AM 268 Views
The definition of Domestic drilling includes offshore wells. - 10/06/2010 08:32:58 AM 573 Views
You assumed something that was perhaps implied. It still doesn't hold up. *NM* - 10/06/2010 11:17:02 PM 223 Views
Sure it does. - 11/06/2010 10:17:06 AM 854 Views
all the loons say that and expect it to be true - 10/06/2010 04:15:33 PM 859 Views
And how would you know that unless you're a loon? - 11/06/2010 10:07:57 AM 908 Views
This sounds like a good idea - 10/06/2010 06:08:25 AM 595 Views
? - 10/06/2010 04:18:27 PM 482 Views
I agree. - 10/06/2010 04:37:25 AM 462 Views
Give Willie some time! - 09/06/2010 05:30:19 AM 525 Views
Willie is like 108, I am sure how much time he has left - 09/06/2010 03:22:21 PM 600 Views
Regarding the comparison to the financial crisis - 10/06/2010 02:10:44 AM 495 Views
Um, because "Big Oil" is in no danger of failing? - 10/06/2010 02:20:46 AM 464 Views
It's unclear if BP can take the hit - 10/06/2010 03:05:32 AM 457 Views
I actually agree, Free Markets should be cleaning up the oil spill. - 10/06/2010 02:57:09 AM 812 Views
Re: I actually agree, Free Markets should be cleaning up the oil spill. - 10/06/2010 03:41:34 AM 565 Views
How is this not a bailout? - 10/06/2010 04:15:18 AM 710 Views
If history is any precedent - 10/06/2010 06:18:18 AM 601 Views
The funny thing is... - 10/06/2010 06:28:26 AM 574 Views
yes lets destroy the gulf coast to make a point - 10/06/2010 05:24:12 AM 437 Views
I pray you're being sarcastic here. - 10/06/2010 02:21:17 PM 724 Views

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