Noone cares to discuss how the Cap affected the likelyhood of a spill?
Oil Companies that drill offshore were granted a liability cap of $75,000,000.
So companies that are beholden to there shareholders can drill, baby, drill as recklessly as they want and know they will only have to pay a max of $75,000,000.00.
Caps on other types of liability will have the same effect.
Limiting liability limits the amount of responsabaility one can be forced to take.
4,487
18 U.S. Code § 2071 - Concealment, removal, or mutilation generally
44 U.S.C. 2202 - The United States shall reserve and retain complete ownership, possession, and control of Presidential records; and such records shall be administered in accordance with the provisions of this chapter.
LOCK HIM UP!
Noone cares to discuss how the Cap affected the likelyhood of a spill?
4,487
18 U.S. Code § 2071 - Concealment, removal, or mutilation generally
44 U.S.C. 2202 - The United States shall reserve and retain complete ownership, possession, and control of Presidential records; and such records shall be administered in accordance with the provisions of this chapter.
LOCK HIM UP!
Jarod, BP has already paid more than the cap in claims and has promised much more. Isn't that like 20 yrs old? Your a childish retard, stick to ambulance chasing.
Obama has this sticky glob for good, 69% say he's failing vs 62% on Bush in Katrina suck on that.
The stone that the builder refused
Will always be the head corner stone
4,487
18 U.S. Code § 2071 - Concealment, removal, or mutilation generally
44 U.S.C. 2202 - The United States shall reserve and retain complete ownership, possession, and control of Presidential records; and such records shall be administered in accordance with the provisions of this chapter.
LOCK HIM UP!
A sad commentary on we, as a people, and our viewpoint of our freedom can be summed up like this. We have liberals and conservatives, Democrats and Republicans, yet those very people look at Constitutionalists as radical and extreme.................so those liberals and conservatives, Democrats and Republicans must believe that the constitution is radical and extreme.
I agree with Jarod. I can't believe anyone is supporting the cap on liability. We made a big deal over some jackass who caused us to chase a balloon. This is FAR more damaging.
If we subsidize risk taking by corporations or individuals by limiting their personal losses when those risks go bad then we create a moral hazard.
BP and/or its partners should be sued until they are driven out of business or take care of their responsibility. There should be no cap, at all, on their liability.
Leviticus 19:33 And if a stranger sojourn with thee in your land, ye shall not do him wrong. 34 The stranger that sojourneth with you shall be unto you as the homeborn among you, and thou shalt love him as thyself; for ye were strangers in the land of Egypt: I am the LORD your God.
4,487
18 U.S. Code § 2071 - Concealment, removal, or mutilation generally
44 U.S.C. 2202 - The United States shall reserve and retain complete ownership, possession, and control of Presidential records; and such records shall be administered in accordance with the provisions of this chapter.
LOCK HIM UP!
4,487
18 U.S. Code § 2071 - Concealment, removal, or mutilation generally
44 U.S.C. 2202 - The United States shall reserve and retain complete ownership, possession, and control of Presidential records; and such records shall be administered in accordance with the provisions of this chapter.
LOCK HIM UP!
Hell, Id love to get a cap on my liability... I could try a lot of risky things...
4,487
18 U.S. Code § 2071 - Concealment, removal, or mutilation generally
44 U.S.C. 2202 - The United States shall reserve and retain complete ownership, possession, and control of Presidential records; and such records shall be administered in accordance with the provisions of this chapter.
LOCK HIM UP!
It's not a gut feeling asswipe. I read an article this morning they have spent 60MM on claims and will pass the 75 by Friday. Most of the payments are to fisherman.
Your either not reading or being a typical party hack denying till it's impossible to ignore. The 75MM cap is a faux issue.
The stone that the builder refused
Will always be the head corner stone
It's the first thing that I said that Obama should have done after beginning the cleanup. Instead he's attempting to pass cap and tax to kill our economy rather than working on getting rid of caps on liability, he's not working to cut through the red tape in order to get those scoops from Switzerland, and he's working on blaming Bush for his own failures. He's not even aware when the person who was in charge of the "change" in that particular agency gets fired... Seriously, he's uninformed, uncaring, pretensively "angry" after 60 days or more of his own failures and (a la Rahm Emanuel) he's not letting the "crisis" go by without "using" it to advance poor policy changes that have nothing to do with an effective cleanup.... *sigh*
Anyway, BP already said they were paying for all of it, and according to all I've heard they are well past that cap already. Shoot, they are even paying fishermen for killing their business before they had any lawsuits...
Excellence is an art won by training and habituation. We do not act rightly because we have virtue or excellence, but rather we have those because we have acted rightly. We are what we repeatedly do. Excellence, then, is not an act but a habit.
- -- Aristotle
Believe nothing on the faith of traditions, even though they have been held in honor for many generations and in diverse places. Do not believe a thing because many people speak of it. Do not believe on the faith of the sages of the past. Do not believe what you yourself have imagined, persuading yourself that a God inspires you. Believe nothing on the sole authority of your masters and priests. After examination, believe what you yourself have tested and found to be reasonable, and conform your conduct thereto.
- -- The Buddha
It is the mark of an educated mind to be able to entertain a thought without accepting it.
- -- Aristotle
The cap issue is faux outrage by the left. The 10 billion has zero chance of passing. BP has committed to and will pass the 75MM this week.
Jarod is pittiful and I feel sorry for his clients paying a shallow dimmwitt fees for anythigng.
The stone that the builder refused
Will always be the head corner stone
4,487
18 U.S. Code § 2071 - Concealment, removal, or mutilation generally
44 U.S.C. 2202 - The United States shall reserve and retain complete ownership, possession, and control of Presidential records; and such records shall be administered in accordance with the provisions of this chapter.
LOCK HIM UP!
4,487
18 U.S. Code § 2071 - Concealment, removal, or mutilation generally
44 U.S.C. 2202 - The United States shall reserve and retain complete ownership, possession, and control of Presidential records; and such records shall be administered in accordance with the provisions of this chapter.
LOCK HIM UP!
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