| | BP agrees to $20B fund for spill victims |  |
|
+3luv2fsh&hnt proutdoors coyoteslayer 7 posters |
| Author | Message |
|---|
coyoteslayer
Community Organizer
Posts : 405
Join date : 2010-05-29
| | Subject: BP agrees to $20B fund for spill victims Wed Jun 16, 2010 1:03 pm | |
| WASHINGTON – BP will set aside $20 billion to pay the victims of the massive oil spill in the Gulf, senior administration officials said Wednesday, as President Barack Obama met with the oil giant's top executives. BP is acting under heavy White House pressure in dealing with the worst environmental disaster in U.S. history. The independent fund will be directed by lawyer Kenneth Feinberg, who oversaw payments to families of victims of the Sept. 11, 2001, terrorist attacks. At present, Feinberg is known as Obama's "pay czar," setting salary limits for companies getting the most aid from a $700 billion government bailout fund. http://news.yahoo.com/s/ap/20100616/ap_on_bi_ge/us_gulf_oil_spill | |
|
| | |
coyoteslayer
Community Organizer
Posts : 405
Join date : 2010-05-29
| | Subject: Re: BP agrees to $20B fund for spill victims Wed Jun 16, 2010 1:05 pm | |
| How much of this 20 billion will the Government take? | |
|
| | |
proutdoors
Lobbyist
Posts : 1069
Join date : 2010-05-29
Age : 56
Location : Gunnison Valley
| | Subject: Re: BP agrees to $20B fund for spill victims Wed Jun 16, 2010 2:54 pm | |
| The government isn't likely to take any of it, but you can bet your ass they will make sure their cronies get taken care of. This 'slush fund' is a joke, and it reeks of cronyism and corruption. | |
|
| | |
luv2fsh&hnt
Community Organizer
Posts : 302
Join date : 2010-05-30
Age : 57
| | Subject: Re: BP agrees to $20B fund for spill victims Wed Jun 16, 2010 3:02 pm | |
| - proutdoors wrote:
- The government isn't likely to take any of it, but you can bet your ass they will make sure their cronies get taken care of. This 'slush fund' is a joke, and it reeks of cronyism and corruption.
I agree! or as Pro would say A-FREAKING-MEN! | |
|
| | |
proutdoors
Lobbyist
Posts : 1069
Join date : 2010-05-29
Age : 56
Location : Gunnison Valley
| | Subject: Re: BP agrees to $20B fund for spill victims Wed Jun 16, 2010 3:11 pm | |
| - luv2fsh&hnt wrote:
- proutdoors wrote:
- The government isn't likely to take any of it, but you can bet your ass they will make sure their cronies get taken care of. This 'slush fund' is a joke, and it reeks of cronyism and corruption.
I agree! or as Pro would say A-FREAKING-MEN! Damn straight!  | |
|
| | |
shotgunwill
Activist
Posts : 845
Join date : 2010-05-30
Age : 42
Location : West Ashley, SC
| | Subject: Re: BP agrees to $20B fund for spill victims Wed Jun 16, 2010 8:02 pm | |
| Don't take me a tree huggin soccer fairy here, but the bigger shame is damage to the ocean ecosystem.
20B is a fart in a windstorm to what the real cost will be, but this is one fart smell that windstorm won't be able to take away.
I think it's funny the Fed is going to manage this fund, like the Fed is good at anything else to begin with..... | |
|
| | |
trout-mutha
Apathetic
Posts : 67
Join date : 2010-06-22
| | Subject: Re: BP agrees to $20B fund for spill victims Tue Jun 22, 2010 1:44 pm | |
| the us people should own BP as of today
tm | |
|
| | |
voiceofreason
Activist
Posts : 756
Join date : 2010-05-31
Age : 58
Location : SLC
| | Subject: Re: BP agrees to $20B fund for spill victims Tue Jun 22, 2010 1:51 pm | |
| How can the "Cronies" get paid when they created this mess???
Wasn't it a HALIBURTON PLATFORM that went kaboom??? I don't think I've seen Cheney running around with his hand out!!!
| |
|
| | |
trout-mutha
Apathetic
Posts : 67
Join date : 2010-06-22
| | Subject: Re: BP agrees to $20B fund for spill victims Tue Jun 22, 2010 6:59 pm | |
| - coyoteslayer wrote:
- How much of this 20 billion will the Government take?
its supposed to be for costs of the disaster . if the fed gov incurrs costs, i would expect them to get their reimbursement, like joe oyster shucker the gov should hit em up for 500 billion for the insult | |
|
| | |
Pete
Community Organizer
Posts : 149
Join date : 2010-05-29
| | Subject: Re: BP agrees to $20B fund for spill victims Tue Jun 22, 2010 9:08 pm | |
| - proutdoors wrote:
- The government isn't likely to take any of it...
I suspect that the money paid out to recipients will likely be taxed as income, then taxed again when it's spent. Add in the reimbursements the feds and the Gulf coastal states will get from what they've spent on the cleanup, and the government — federal, state and local — will likely end up with a good 40 percent of what's actually paid out by BP. | |
|
| | |
shotgunwill
Activist
Posts : 845
Join date : 2010-05-30
Age : 42
Location : West Ashley, SC
| | Subject: Re: BP agrees to $20B fund for spill victims Tue Jun 22, 2010 9:13 pm | |
| - Pete wrote:
- proutdoors wrote:
- The government isn't likely to take any of it...
I suspect that the money paid out to recipients will likely be taxed as income, then taxed again when it's spent. Add in the reimbursements the feds and the Gulf coastal states will get from what they've spent on the cleanup, and the government — federal, state and local — will likely end up with a good 40 percent of what's actually paid out by BP. +1 I think what Pete is trying to say here, is that Pro should've known better......  | |
|
| | |
Sponsored content
| | Subject: Re: BP agrees to $20B fund for spill victims | |
| |
|
| | |
| | BP agrees to $20B fund for spill victims | |
|
