Ron Paul states on his website that BP (NYSE:BP) should be held completely accountable for the cleanup costs related to the Gulf of Mexico oil spill, but evidently that's already not the case, as an "upcoming supplemental bill for Gulf cleanup costs" already has "a large sum of taxpayer money" slipped into it.
Paul says the costs should be born completely by BP, and taxpayers shouldn't have to foot any of the bill. Paul didn't comment on whether or not other oil companies should participate in the cleanup costs. The point he was making is those responsible should pay for it, and not the American people.
The Texas congressman also wants liability caps removed so there is no possibility more taxpayers will have to pay anything.
As far as slipping payouts into a bill, it's outrageous when you consider BP has already committed $5 billion on an annual basis for the next four years, and that's on top of the over $2 billion they've already paid for the cleanup and paying out of claims.
So should American people pay for the losses and pains that he has caused to people in Iraq? or should Bush pay for it?
ReplyDeleteThe only Americans should NOT share the cost of this spill are the ones who can swear to God that they have never used one single drop of oil in their life!
It's not my fault... it's your fault... all rubbish! Everyone single one of us is responsible to what happened on this planet!
So should American people pay for the losses and pains that he has caused to people in Iraq? or should Bush pay for it?
ReplyDeleteThe only Americans should NOT share the cost of this spill are the ones who can swear to God that they have never used one single drop of oil in their life!
It's not my fault... it's your fault... all rubbish! Everyone single one of us is responsible to what happened on this planet!
BP is not even a US based company.
ReplyDeleteYes but its majority owned by Americans and it has more more american employees than British.
ReplyDeletePay for union carbide or any of the numerous american company oil spills properly like BP has done. American companies always run form a disaster and pay the minimum. Go talk to the 1000's of Indians union carbide murdered.
@Anonymous 10:08 AM
ReplyDeleteI don't get your response. How is the fact that BP, et. al. didn't perform their jobs safely my fault? Or are you implying that it is my fault that farm accidents occur because I eat food? Or are you implying it is my fault that people get in car accidents because I also drive a car? It is my fault that construction accidents occur because I use buildings and sidewalks instead of always being outdoors and walking in the grass?
Your logic does not work. Now, perhaps what you really mean is that accidents can (and WILL) happen in any industry and prices should appropriately represent the cost of those accidents. If you agree with that, then you should also agree that BP, et. al. should have complete liability for this incident. This will have the effect of, probably, bankrupting the company which will make every other oil producer improve their safety standards and pass those costs on to the consumer thus increasing the price we pay for oil and thus making other alternative energy sources more economically feasible.
The only way we're going to get it so we're not dependent on oil is if it is economically beneficial to go off oil. The only way this can happen is if the true TOTAL cost of oil is apparent in its price. What you suggest is, instead of showing the true cost of oil in the price, you want to hide it by having the government pay for it and letting gas prices stay the same. That's "all rubbish!"
The US government is partially responsible for not performing at least a minimum requirements supervisory role.
ReplyDeleteNo one is perfect, not NASA, not the Indian government that allowed large populations move near the Union Carbide Plant, not Union Carbide for not monitoring the valves better so they could have gone behind the local saboteur and turned it off again, not the Interior Department that let the drilling proceed without a safety manager aboard the drilling rig that had the authority to issue the shutdown command, etc,etc.
By the way, when the Exxon Valdez spill occurred the cry was that it was cold and the microbes would never digest the oil. Now the experts never bring the reverse up.
I feel sorry for the locals but even they want to keep drilling; like loggers want to cut the last tree standing, etc.