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Thread: Joe Barton retracts apology to BP

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    Re: Joe Barton retracts apology to BP

    Quote Originally Posted by megaprogman View Post
    I don't think it is as simple as you are making it out to be. As soon as there is a new issue of the day, a lot of people will turn their attention from BP (face it, we have a short attention span) and BP will begin finding ways to wiggle out of its obligations. Another possibility is that after the November elections, more republicans are in congress to go to bat for BP. I think that without a formal arrangement now and some stuff set in stone, there is not a high chance of BP continuing to behave when their brand is in less danger of damage.
    For the former, that is exceedingly true.
    Toyota anyone?

    For the later, in these instances Republicans do love their oil dollars but at the same time if they allow their districts to be screwed by an oil company, they will loose their jobs.
    Remember the areas being affected are largely Republican districts.

    So when it relates to national politics, yea it will fall by the wayside as soon as Obama farts in public or something else nonsensical to draw away attention.
    (Not a shot at Obama but about the stupid **** people get upset over)

    Local politics though is a different story, if people and states are still waiting after a year of stalling.
    Things will get ugly.

    Quote Originally Posted by megaprogman View Post
    Payments being settled out of court could easily mean that people are accepting less than their due for the sake of expedience or lawyer costs. Resolution might be fair or it might not be.
    That is true, again depending on context.

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    Last edited by Harry Guerrilla; 06-18-10 at 07:02 PM.
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    Re: Joe Barton retracts apology to BP

    Quote Originally Posted by Harry Guerrilla View Post
    For the former, that is exceedingly true.
    Toyota anyone?

    For the later, in these instances Republicans do love their oil dollars but at the same time if they allow their districts to be screwed by an oil company, they will loose their jobs.
    Remember the areas being affected are largely Republican districts.

    So when it relates to national politics, yea it will fall by the wayside as soon as Obama farts in public or something else nonsensical to draw away attention.
    (Not a shot at Obama but about the stupid **** people get upset over)

    Local politics though is a different story, if people and states are still waiting after a year of stalling.
    Things will get ugly.
    Lcoal politicians have less power to make companies behave vs national ones. In the states most effected, there is a need for those oil jobs and it gives BP a bargaining chip to use to their favor. Nationally, BP has a lot more to lose and fewer chips as their contribution to the economy is a smaller %
    Last edited by tacomancer; 06-18-10 at 07:04 PM.

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    Re: Joe Barton retracts apology to BP

    Quote Originally Posted by megaprogman View Post
    Lcoal politicians have less power to make companies behave vs national ones. In the states most effected, there is a need for those oil jobs and it gives BP a bargaining chip to use to their favor. Nationally, BP has a lot more to lose and fewer chips as their contribution to the economy is a smaller %
    I was thinking in terms of Republican house members and senators.
    The Democrats would absolutely love to have those guys on board the "punish big oil" machine.

    Or to use them as an example why Republicans are bad and why the locals need to elect Democrats.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Joe Barton retracts apology to BP

    Quote Originally Posted by Crunch View Post
    Let me guess..... you're free associating, right?
    i was implying as Jerry was, there is alot of "fuss" about nonsensical things where there should be more attention to the bigger problems.. you know, the ones that have a real affect on things rather than political grandstanding..
    short attention spans create misguided rage.

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    Re: Joe Barton retracts apology to BP

    Quote Originally Posted by Harry Guerrilla View Post
    I was thinking in terms of Republican house members and senators.
    The Democrats would absolutely love to have those guys on board the "punish big oil" machine.

    Or to use them as an example why Republicans are bad and why the locals need to elect Democrats.
    I was thinking of politicians of any ideology. BP is in a good position to threaten the local guys and wiggle out of their obligations, but I think republican politicians are more likely to go along with whatever BP wants in the name of being pro business.

    However, in this case, whether you view it as punishment or not, the response to the spill is legitimate. BP screwed up, BP should fix it.

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    Re: Joe Barton retracts apology to BP

    Quote Originally Posted by megaprogman View Post
    I was thinking of politicians of any ideology. BP is in a good position to threaten the local guys and wiggle out of their obligations, but I think republican politicians are more likely to go along with whatever BP wants in the name of being pro business.
    I don't really think of either as pro business but rather "pro business that pays us the campaign dollars."

    Quote Originally Posted by megaprogman View Post
    However, in this case, whether you view it as punishment or not, the response to the spill is legitimate. BP screwed up, BP should fix it.
    No I mean punishment beyond the remediation costs.

    Full disclosure, I am a BP shareholder and even I want them to pay for the entire cost of clean up, along with lost wages and direct damages to other businesses beyond the $75 million cap.

    Karma pays dividends when you do the right thing but I don't want them to be undeservedly punished because it popular to hate them.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Joe Barton retracts apology to BP

    Quote Originally Posted by Harry Guerrilla View Post
    I don't really think of either as pro business but rather "pro business that pays us the campaign dollars."
    Somewhat. In general, republicans tend to believe the fewer restrictions, hassles, regulations, etc for business, the better the economy and the nation. So while they do tend to be corrupt, they also have an ideological motive.

    Quote Originally Posted by Harry Guerrilla View Post
    No I mean punishment beyond the remediation costs.

    Full disclosure, I am a BP shareholder and even I want them to pay for the entire cost of clean up, along with lost wages and direct damages other businesses beyond the $75 million cap.

    Karma pays dividends when you do the right thing but I don't want them to be undeservedly punished because it popular to hate them.
    I agree with that. They should pay for what they did and not a dime more. However, I would add health issues that are related to the oil spill to that list (provided that it is a legit claim, of course).

    However, I guess it depends on what you view as punishment. In the case of the idea of removal of tax benefits are not a punishment, at least in my view, because those tax benefits should never have been given in the first place, it is correcting a wrong done by an earlier congress.

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    Re: Joe Barton retracts apology to BP

    Quote Originally Posted by megaprogman View Post
    Somewhat. In general, republicans tend to believe the fewer restrictions, hassles, regulations, etc for business, the better the economy and the nation. So while they do tend to be corrupt, they also have an ideological motive.
    I think is largely trends towards prefered industries.

    Democrats trend towards "green" energy which can be, arguably, as polluting as non green sources, through production.
    Republicans trend towards obviously polluting industries.

    To me it's all a game of who is more gullible.

    Quote Originally Posted by megaprogman View Post
    I agree with that. They should pay for what they did and not a dime more. However, I would add health issues that are related to the oil spill to that list (provided that it is a legit claim, of course).

    However, I guess it depends on what you view as punishment. In the case of the idea of removal of tax benefits are not a punishment, at least in my view, because those tax benefits should never have been given in the first place, it is correcting a wrong done by an earlier congress.
    I have no problems with either, as long as the latter is equally applied to all oil companies.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: Joe Barton retracts apology to BP

    Quote Originally Posted by Harry Guerrilla View Post
    I think is largely trends towards prefered industries.

    Democrats trend towards "green" energy which can be, arguably, as polluting as non green sources, through production.
    Republicans trend towards obviously polluting industries.

    To me it's all a game of who is more gullible.
    I was mistaken, I thought you were talking generally, not specifically about energy companies.

    Quote Originally Posted by Harry Guerrilla View Post
    I have no problems with either, as long as the latter is equally applied to all oil companies.
    I can certainly agree with that.

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    Re: Joe Barton retracts apology to BP

    Quote Originally Posted by TurtleDude View Post
    It is a shakedown. WTF are those sanctimonious asswipes doing but pandering to populist idiocy? THe government was negligent in not inspecting that rig properly. All this grandstanding does nothing. And as a lawyer I can tell you it is an extremely serious ethics violation for a government lawyer to threaten criminal sanctions while pushing for a civil settlement.

    Politicians make me wanna puke. this dog and pony show accomplishes NOTHING
    The executive branch is effectively trying to bypass due process of law.

    YouTube - Judge Andrew Napolitano on White House Criminal Probe Against BP

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