Warm Southern Breeze

"… there is no such thing as nothing."

Posts Tagged ‘oil spill’

Feds sue BP, other companies for oil spill damages

Posted by Warm Southern Breeze on Thursday, December 16, 2010

Doubtless, some will find it curious that 1.) the federal government is suing BP, especially after BP has followed what has essentially amounted to federal direction to establish a $20 BILLION compensatory trust fund; and 2.) that many citizens in the affected Gulf Coast states have a political bent to them which has – to this point – expressed extreme discontent for attorneys and clients whom sue large Multinational Corporations (favoring MNCs), believing that some perceive MNCs as an easy “target,” because they have very deep pockets, and in some cases, are often willing to quickly settle than fight.

And yet, some pooh-pooh the oil disaster as a minor occurrence – as if a mere passing pimple on the vast arse of the ocean – asserting that “Nature will take care of everything. All the oil’s gone now. The Gulf is back to it’s original state now.” Yet like an iceberg, much of the oil lies below the water’s surface having been sunk by “dispersants” where it floats in suspension. The idea behind sinking the oils is “out of sight, out of mind.”

But life – human and animal, aquatic and terrestrial – is dependent upon oceanic life, and has continued despite the self-interested assertions that “all is well” on the aquatic frontier. The fact is, we don’t know “for a hard, cold fact” that all is well. We don’t know everything that has been done – good, bad, or indifferent. Though we do know that there have been some “faux pas,” and “strong-arm” tactics to quickly settle.

Why?

Isn’t avoidance of responsibility a hallmark of immaturity?

Alabama Governor Bob Riley and state Attorney General Troy King – Republicans whom have quite publicly been at odds with one another over other issues in the state – have Read the rest of this entry »

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AL Gov. Bob Riley to BP: No lawsuit waiver on final oil spill claims

Posted by Warm Southern Breeze on Wednesday, December 15, 2010

Does it come as any surprise that the Multinational Corporation BP has no allegiance or loyalty to anyone or anything save their profit, executive compensation and shareholder payouts?

And yet – as astute observers note – politics makes strange bedfellows. Appointed by President Obama, Administrator Feinberg is being paid by BP in excess of $10 Million annually. But… would Democrats have expected this kind of “favor for the people” from their president?

Pressure on Kenneth Feinberg to disclose BP pay deal
By Moira Herbst
http://in.reuters.com/article/idINIndia-53083520101122
NEW YORK | Tue Nov 23, 2010 2:03am IST
(Reuters Legal) – There has never been anything quite like Kenneth Feinberg’s $20 billion Gulf Coast Claims Facility. Established to compensate victims of the BP Plc(BP.L) oil disaster, it essentially invests one man with full power over how the money is distributed, while he is being paid by the company and unsupervised by any government body.

Gov. Bob Riley: No lawsuit waiver on final oil spill claims

Published: Saturday, December 11, 2010, 5:00 AM
Updated: Saturday, December 11, 2010, 12:06 PM
http://blog.al.com/live/2010/12/gov_bob_riley_no_lawsuit_waive.html
by Dan Murtaugh, Mobile Press-Register

Alabama Gov. Bob Riley has urged BP PLC and President Barack Obama to make sure that Gulf Coast residents don’t have to sign liability waivers to accept claims payments.

Oil spill claims czar Ken Feinberg recently launched the second stage of his claims process, in which he will offer people final settlements or interim quarterly payments.

The final settlements require the claimant to Read the rest of this entry »

Posted in - Did they REALLY say that?, - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments »

 
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