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Credit where credit is do. The President seems to have dealt with the money

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TheKentuckian Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-16-10 01:44 PM
Original message
Credit where credit is do. The President seems to have dealt with the money
from BP part of this mess pretty well. BP seems to have actually accepted or was made to accept being fully on the hook.

The deal sounds fairly legit.
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vi5 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-16-10 01:50 PM
Response to Original message
1. Yes, the money is set up for...
"legitimate claims". That is the tell right there.

I'm sure assurances were given that they wouldn't get their feet held to the fire or have anyone in a position of power fighting them over what they regard as "legitimate".
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mikiturner Donating Member (581 posts) Send PM | Profile | Ignore Wed Jun-16-10 01:53 PM
Response to Reply #1
2. Ken Feinberg
Is heading this up. I see no evidence he won't be a fair player on this.
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vaberella Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-16-10 01:59 PM
Response to Reply #1
4. Eric Holder is in the room and the FBI was already sent there.
Don't presume anything.
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Teaser Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-16-10 08:48 PM
Response to Reply #1
9. you're right. You should have been made arbiter
of claims. It's really the only fair way.
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SeattleGirl Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-17-10 01:22 AM
Response to Reply #1
18. Not necessarily.
There are, unfortunately, scammers amongst us who will try to take advantage of a situation to get something for themselves they don't really have a right to.

That being said, I hope they don't make every person filing a claim jump through a myriad of nearly impossible hoops in order to get the compensation and the help they deserve.
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peaches2003 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-16-10 01:56 PM
Response to Original message
3. You know Obama did an excellent job with BP/money because
Fox News switched off the subject immediatley after Obama and BP execs spoke and went to some blurb on teachers. Didn't want to talk about the oil deal, so you know it was a success for Obama.
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vaberella Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-16-10 01:59 PM
Response to Reply #3
5. Not many like Obama's successes. n/t
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TheKentuckian Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-16-10 02:10 PM
Response to Reply #5
6. I want him to succeed very much, I just won't call shit pumpkin pie
and won't refrain from saying it is shit either.

I will give credit when I think ir's due.
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WeekendWarrior Donating Member (849 posts) Send PM | Profile | Ignore Thu Jun-17-10 01:07 AM
Response to Reply #6
17. Edit - misunderstood post.
Edited on Thu Jun-17-10 01:08 AM by WeekendWarrior
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MadMaddie Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-16-10 08:27 PM
Response to Original message
7. Something important to remember is that BP also agreed that
the 30 billion was not the end...if it costs more they will add to the fund.
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tinrobot Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-16-10 08:28 PM
Response to Original message
8. The damage will be in the hundreds of billions
20 billion is a drop in the bucket.
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Teaser Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-16-10 08:50 PM
Response to Reply #8
10. data or it isn't true
.
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TheKentuckian Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-16-10 10:22 PM
Response to Reply #10
15. Actually it will be true or false regardless of any data presented
Black holes have been sitting out there for billions of years without a shred of data and there was data for miles talking about a flat Earth and it was bull.

The damage is likely to be well over 20 billion but it's a legitimate down payment and I guess the largest ever from a corporation.
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unblock Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-16-10 08:50 PM
Response to Reply #8
11. ocean! a drop in the ocean!
:rofl:
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TheKentuckian Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-16-10 10:08 PM
Response to Reply #8
13. I don't dispute that but getting the 20 is far better than I expected
It's a legit start.
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depakid Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-16-10 08:55 PM
Response to Original message
12. We shall see
Never underestimate the ability of corporations in America to weasel out of their responsibility- or of the federal courts to assist them in doing so.
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TheKentuckian Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-16-10 10:11 PM
Response to Reply #12
14. No question but this fund probably will get folks relief without
years and decades of court.
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JoeyT Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-17-10 12:40 AM
Response to Original message
16. Agreed.
I've been pretty critical of the response to the spill (Well, the non-cleanup is what I've been criticizing) but this is certainly good news and he definitely deserves credit for it.
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