Is A Shakedown Needed Sometimes To Shake Things Up?
Posted by Michelle Moquin on 17th June 2010
Here’s the latest on BP and Obama’s demand that BP pay for the damage that the oil spill has caused to our environment and the livelihood of many:
Republicans on the Hill have calculated that President Obama’s successful demand that BP set up a $20 billion escrow account to pay out claims is ripe for political attack. In the wake of Wednesday’s White House announcement, a host of GOP officials are raising questions about both the process by which the deal was made and the deal itself — going so far as to apologize to BP on America’s behalf.
“I’m ashamed of what happened in the White House yesterday,” said Rep. Joe Barton (R-Tex.) during a hearing on Thursday morning with BP’s CEO Tony Hayward.” I think it is a tragedy in the first proportion that a private corporation can be subjected to what I would characterize as a shakedown — in this case a $20 billion shakedown — with the attorney general of the United States, who is legitimately conducting a criminal investigation and has every right to do so to protect the American people, participating in what amounts to a $20 billion slush fund that’s unprecedented in our nation’s history, which has no legal standing, which I think sets a terrible precedent for our nation’s future.”
“I’m only speaking for myself. I’m not speaking for anyone else, but I apologize,” Barton added. “I do not want to live in a county where anytime a citizen or a corporation does something that is legitimately wrong, [it is] subject to some sort of political pressure that, again, in my words, amounts to a shakedown.”
Airing criticisms against the notion of forcing BP to fork over $20 billion in liability revenue would seem like a fairly risky proposition considering just how reviled the oil giant is in the current political environment. And Democrats quickly jumped on the congressman’s remark, as well as those from other Republicans, as evidence of a lack of sensitivity for the victims of the spill.
“What is shameful is that Joe Barton seems to have more concern for big corporations that caused this disaster than the fishermen, small business owners and communities whose lives have been devastated by the destruction,” said White House spokesman Robert Gibbs. “Congressman Barton may think that a fund to compensate these Americans is a ‘tragedy’, but most Americans know that the real tragedy is what the men and women of the Gulf Coast are going through right now. Members from both parties should repudiate his comments.”
“While the President has worked to ensure that BP is held fully accountable to the families and small businesses of the Gulf, Republicans and Joe Barton are proving that they are only accountable to BP and the oil industry,” added DNC spokesman Hari Sevugan. “While the President has secured a guarantee of at least $20 billion for Gulf Coast residents, Republicans and Joe Barton have lined their pockets with BP contributions and stock dividends. While the President has gotten BP to rightfully apologize to the American people for their reckless behavior, their inexcusable response and their insulting approach, Republicans are apologizing to BP. Republicans could not have this more backward, and it raises serious questions as to why they are on the side of BP and the oil companies instead of that of the American people.”
Readers: The republicans are once again sticking by them and theirs. Just in case BP survives this financially, the Republicans want Tony Hayward to know that they still have his back, that they still support him, and Big Oil. They want to ensure that they can continue to count on Hayward’s contributions to fill their pockets when needed. And they’re just a tad upset because right now they’re seeing their precious future BP contributions saved for the American people, where it should be.
Sometimes a Shakedown is needed to shake things up. Thoughts? blog me.
Are you kidding me: Hmm…your comments are so familiar – I know who you are. And it is obvious how very little you know about political tact and diplomacy. But yep, I agree with you, there are suckers born every minute…and waiting in the wings is are greedy, self-aggrandizing perpetrators ready to pounce. Which one are you? I get the feeling you’re probably the latter who sits around and does nothing until it affects your livelihood, and then all you do is bitch and blame someone else.
Zen Lill, Helena:To be fair, I do ask for money, but only in the form of donations to my blog, to which I have received to this day: NONE. I know donations are being sent, but I am not receiving them. That is a story in itself that I care not to discuss.
anon: Evidently you can eat that pork. :)
Nora: I thought your post was pretty darn funny.
Hi Mike: Thanks.
Pearl: My pleasure. Thanks for being a part of it.
Peace out…I’m off to take Lucy to the beach, and then work calls. Have a lovely day everyone!
Lastly, greed over a great story is surfacing from my ‘loyal’(?) readers. With all this back and forth about who owns what, that appears on my blog, let me reiterate that all material posted on my blog becomes the sole property of my blog. If you want to reserve any proprietary rights don’t post it to my blog. I will prominently display this caveat on my blog from now on to remind those who may have forgotten this notice.
Gratefully your blog host,
michelle
Aka BABE: We all know what this means by now :)
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Posted in Good Reads and Good See'ds, Health & Well Being, Long Live Planet Earth!, Political Powwow | 12 Comments »



