Ask Experts Questions for FREE Help !
Ask

GOP congressman apologizes to BP for '$20 billion shakedown'

Asked Jun 18, 2010, 07:13 AM — 65 Answers
GOP congressman apologizes to BP for ‘$20 billion shakedown’ | Raw Story

Quote:
During a hearing of the House Energy and Commerce Committee on Thursday, Rep. Joe Barton (R-TX) called the $20 billion escrow fund that BP has promised to establish a "shakedown" and apologized to BP Tony Hayward.
It gets worse:
Quote:
Following his statement earlier Thursday that the $20 billion fund amounted to a "shakedown" of BP, Barton found himself under attack not only from Vice-President Joe Biden and other Democrats, but from other Republicans as well. A Florida Republican has called for Barton to step down as the ranking member of the Energy and Commerce Committee.
Barton = Former Energy and Commerce Committee
Oil + Gas Industry = Donations to Barton of nearly $1.5 million
Barton speaks out against fines for BP ruining American jobs and devastating the environment...

Well done looking out for lining your pockets!

65 Answers
tomder55's Avatar
tomder55 Posts: 1,735, Reputation: 1756
Ultra Member
 
#21

Jun 18, 2010, 10:41 AM
Quote:
Well, when it came down to the taxpayers and the poor people in the gulf, OR BP, BP got thrown under the bus.
Did they ? This could be a $20 bil.insurance policy on their survival. The President may have just made a foreign company too big to fail. After all ;the cash cow dries up pretty quickly if their undevalued stock and vulnerable position leads to a hostile takeover by ...oh ,let's say Gazprom ,PDV ,Sinopec . Good luck collecting on the legitimate settlements then.
excon's Avatar
excon Posts: 21,002, Reputation: 15475
Expert
 
#22

Jun 18, 2010, 11:00 AM
Quote:
Originally Posted by tomder55 View Post
This could be a $20 bil.insurance policy on their survival. The President may have just made a foreign company too big to fail.
Hello tom:

He did? Filthy communist...

excon
tomder55's Avatar
tomder55 Posts: 1,735, Reputation: 1756
Ultra Member
 
#23

Jun 18, 2010, 04:00 PM
Another example of looking out for the "poor people of the gulf .
BP Oil Spill: Against Gov. Bobby Jindal's Wishes, Crude-Sucking Barges Stopped by Coast Guard - ABC News
NeedKarma's Avatar
NeedKarma Posts: 10,230, Reputation: 8855
Uber Member
 
#24

Jun 18, 2010, 05:24 PM
Quote:
Originally Posted by tomder55 View Post
From the article:
Quote:
The Coast Guard needed to confirm that there were fire extinguishers and life vests on board, and then it had trouble contacting the people who built the barges.
...
The barges finally got the go-ahead Thursday to return to the Gulf and get back to work, after more than 24 hours of sitting idle.
Didn't seem to be the big issue that you made it out to be.
tomder55's Avatar
tomder55 Posts: 1,735, Reputation: 1756
Ultra Member
 
#25

Jun 18, 2010, 08:04 PM
That takes about 5 minutes and doesn't have to shut the operation down to accomplish . It's nuts to shut down a clean up effort ;one of the few so far that actually is working .
tomder55's Avatar
tomder55 Posts: 1,735, Reputation: 1756
Ultra Member
 
#26

Jun 18, 2010, 08:06 PM
Double post
excon's Avatar
excon Posts: 21,002, Reputation: 15475
Expert
 
#27

Jun 19, 2010, 07:06 AM
Hello again, tom:

I must admit, I'm dumbfounded by you guys.... You are pissed at Obama for apologizing for, say TORTURE, or KILLING civilians .... But, APOLOGIZING to BP for making them PAY for what they DID is cool...

Really... You guys are something else....

excon

PS> Did I see Barton BOW to Hayworth? I think I DID!
tomder55's Avatar
tomder55 Posts: 1,735, Reputation: 1756
Ultra Member
 
#28

Jun 19, 2010, 09:40 AM
You know ... I don't believe Obama actually apologized for "torture" . It was more like he apoligized for our existance.

He apologized for things like the US “failed to appreciate Europe’s leading role in the world”. “Instead of celebrating your dynamic union and seeking to partner with you to meet common challenges, there have been times where America has shown arrogance and been dismissive, even derisive.” [/i]

On Al Arabiya ,broadcast to the whole ummah ,he compared the US to a colonial power .

He apolgized to the UN for our "acting alone " ,and for "opposition to specific policies "

I'm sure there are many more I can't immediately recall.

No I don't accept that he is speaking for me when grovels.

Nor do I say that BP deserved to be apologized to . I only say that Barton was correct when he described what happened at the White House as a "shakedown ".

What would've happened if BP didn't agree ...a horse's head in the bed of Carl-Henric Svanberg, and Tony Hayward Would Obama take over BP ala Hugo Chavez ?

You are the one who complained about abuse of executive authority when the President is defending the nation against jihadistan .And evidently you don't think he should exercise them to expidite the cleanup .But you are ok with the President going around the law and arbitrarily deciding how much money a privately owned company has to give the government and then tell it there is no choice other than to do it.

Who made him the judge ,jury and executioner ?
excon's Avatar
excon Posts: 21,002, Reputation: 15475
Expert
 
#29

Jun 19, 2010, 10:32 AM
Quote:
Originally Posted by tomder55 View Post
But you are ok with the President going around the law and arbitrarily deciding how much money a privately owned company has to give the government and then tell it there is no choice other than to do it.

Who made him the judge ,jury and executioner ?
Hello again, tom:

Again, what I call a settlement, you call a shakedown. It WAS agreed to, of course. That would mean it WASN'T mandated, and WASN'T arbitrary as you would infer. I'm surprised you didn't use the popular smear of the day, and say he "rammed it down their throats"..

And, before a lawsuit is filed, there is NO law that says the president CAN'T negotiate on our behalf. If I'm wrong, show me the law that he went around... You can't, of course.

Look. This is real simple... If somebody crashes into your car, are you allowed to negotiate a settlement with them, or MUST you file a lawsuit? You can settle? Really? Who made you judge, jury and executioner? Dude!

excon
tomder55's Avatar
tomder55 Posts: 1,735, Reputation: 1756
Ultra Member
 
#30

Jun 19, 2010, 11:53 AM
Quote:
Tomorrow, I will meet with the chairman of BP and inform him that he is to set aside whatever resources are required to compensate the workers and business owners who have been harmed as a result of his company’s recklessness.
Yeah that's the language of someone looking to negotiate a settlement . Sounds more like an "offer he can't refuse" .


you can tell me right now that the Holder criminal investigation has ceased ? That there will be no prosecution , grand jury indictment ,trial (beyond the ridiculous Congressional Stalinist show trial) I don't think so .By what authority does he demand that BP suspend divident payments ? This is worse that what happened to GM and Chrysler .

I still have heard no denial about the claim that BP will have to pay compensation to workers who are unemployed right now only because the President declared a moratorium on drilling.

You the civil libertarian should be appalled at the lack of due process. Just because the President was able to strong arm and intimidate Bp into caving to his demands doesn't mean he had the legal authority to do so.

Not your question? Ask your question View similar questions

 
Thread Tools Search this Thread
Search this Thread:

Advanced Search

Add your answer here.

Remove Text Formatting

Undo
Redo
 
Decrease Size
Increase Size
Bold
Italic
Underline
Align Left
Align Center
Align Right
Ordered List
Unordered List
Decrease Indent
Increase Indent
Insert Email Link
Wrap [QUOTE] tags around selected text
Wrap [CODE] tags around selected text
Wrap [HTML] tags around selected text
Wrap [PHP] tags around selected text
Wrap [YOUTUBE] tags around selected text
Notification Type:



Check out some similar questions!

What should I do about my sister, who constantly criticizes me, never apologizes. [ 8 Answers ]

I don't know what to do anymore. My older sister is constantly criticizing me, saying mean things to me and never apologizes. On top of that she is very lazy, doesn't ever accept any criticism of herself, gets defense anytime I try and point out a double standard and tells me to get over it and...

Your Congressman [ 86 Answers ]

Hello: SHOULD your congressman represent you, or the corporate interests in your district? I ask, because our right winged friends think that ALL a business has to do to make money, is provide a good product at a good price... If that's so, then why would a businessman need representation...

Congressman Gary Ackerman [ 8 Answers ]

Hello: Video - CNBC.com excon

Shakedown artist NY Governor Steam-roller Spitzer. [ 17 Answers ]

Joe Goldstein of NY Sun reports today that NY Guv. Elliot Spitzer is going to require major internet stores like Amazon.com to be his tax collectors . He wants to impose an 8.375% sales tax on internet purchases of those of us who have the "privilege" of living in NY . Spitzer's Christmas Tax...

A billion little spots [ 5 Answers ]

If anyone reading this has any advice please help.... My face, top of my arms, chest and now boobs are absolutely covered in tiny tiny tiny lile black head spots, if you squeeze them (this sounds disgustin sorry, but you do actually get puss like stuff oozing from them) the worst areas are like...


View more Current Events questions Search