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View Diary: White House plans to force BP to set aside money to pay damages (272 comments)

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  •  Nobody wins (4+ / 0-)
    Recommended by:
    Vicky, RinaX, mirandasright, erush1345

    Further other oil companies are super pissed at BP. Because of BP's screw ups the whole industry suffers.

    It is in the interest of every oil company to lend any expertise they can to BP, because as BP's fortunes in deepwater drilling goes, so go there's. The public has abruptly changed their view of offshore deepwater drilling safety since the April 20 BP explosion. Soon they'll want heavier regulation of shallow water drilling. Enlightened self-interest out to motivate anyone--from the drill, baby, drill shills to the oil companies--to offer to clean this mess up.

    When George Bush was running for office the public was generally open to the idea of tying Social Security to the stock market.

    Then the stock market with south and with the help of the Bear Stearns, Lehman Brothers and Washington Mutual toxic spill on the entire market, such an idea could never begin to get traction.

    The oil companies need to talk to the financial companies to find out quick the public will come after you with pitchforks.

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