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Why are convicted felons and repeat offenders rewarded with billions in
Posted: Nov 19, 2012
Why aren't conservatives outraged over the deaths of 15 Texas City BP refinery workers, another 11 in the Gulf of Mexico, and the environmental catastrophe in Alaska's oil patch, long since forgotten by now....all due to willful gross corporate negligence? Don't they realize taxpayers are on the hook over the next 5 years for the record 4 billion in fines and penalties that BP will be paying out of proceeds from only ONE measly defense contract, by no means their only US defense contract award? Why are these polluting ecoterrorists and premeditated murderers STILL eligible to bid on them? It's beyond insane. ;
taxpayers are not on the hook for the $4 billion fine - nm
[ In Reply To ..]
Whom do you suppose provides revenues that bankroll - US GOVERNMENT defense contracts?
[ In Reply To ..]The 4 billion will be paid for by only one of many BP currently has. God knows how many more they will be awarded in the next five years since their so-called punishment does not include exclusion from future awards.
I heard this morning - RC
[ In Reply To ..]on NPR that the fines are not finished. There's still a possibility of up to $21 billion under the Clean Water Act.
It just irks me that BP can continue to bid. - The way it stands now, the only
[ In Reply To ..]really palpable future deterrent for such neglect can only come from Wall Street, since government partisans are unwilling to entertain the notion of more stringent health, safety and environmental standards and enforcement, block funding for the inevitable staged extinction of the petrosaurs and concurrent evolution of sustainable energy sources and have no problem promoting increases in defense spending that feeds the BP beast, among others.
Wall Street does not do deterrents to industry - sm
[ In Reply To ..]it's hard to understand where you are coming from. You are complaining about enforcement, yet fines to BP are the largest in history. Wall Street is about shareholders; thus, as BP is publicly traded, you won't see deterrents from Wall Street. Meanwhile, I see no "inevitable staged extinction of the petrosaurs". I wish I did.
Precisely the point. - We hold these truths to be self evident
[ In Reply To ..]Did not think it needed to be spelled out any further. Perhaps I should have added, "....like THAT'S ever going to happen" after the statement about Wall Street. The biggest punitive damages in US history are NOT going to amount to a hill of beans and will deter nothing in the future as long as they keep getting taxpayer-funded US defense contracts handed to them on a silver platter. The judgment did NOT exempt them from competing for those contracts. Those exemptions should be progressively steep with each offense with a 3-strike policy just like criminal enforcement and punishment applications. Were that the case, BP would be serving a lifetime sentence by now.
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