England needs to seal its pipe about excessive damage to BP

StageLeft

No Lifer
Sep 29, 2000
70,150
5
0
This article, among others, http://www.telegraph.co.uk/finance/...nts-Barack-Obama-in-battle-to-protect-BP.html

It's pathetic and frankly embarrassing.

Basically, the story goes that BP is such an important company to England and its pensioners (who apparently have no idea in the world what diversifying means, as its dividends make up a revoltingly large percentage of their investment incomes) that it is trying its damnedest to minimize losses of BP stock.

And some of its complaints may be valid, but all I'm seeing coming out of England is not any sympathy or "Yep, we agree, BP kind of fvcked this one up, folks!" but more "Oh, please, I know that spill is murdering the gulf, but our pensioners needs its dividends. Please just oh please stop saying all those naughty things about BP!"
 

Zedtom

Platinum Member
Nov 23, 2001
2,146
0
0
They're just too big to fail.

Seriously though, the restructuring of the corporation will eventually create an American division containing the Amoco assets and the British division. The lawsuits will be directed at a new shell company that will exhaust it's resources and go bankrupt.

They will follow the example of pharmaceutical companies that set the standard for dodging lawsuits.
 

Danube

Banned
Dec 10, 2009
613
0
0
Media in UK isn't denying BP role in spill (and the exact cause stil isn't known). However they understand President Spock has not been engaged in limiting the crisis and is instead using it for political purposes. Bashing and bullying BP in ghetto fashion - as the crisis still continues - is lamentable. Probably serves UK right for having been high on Spock in the first place.
 

Sclamoz

Guest
Sep 9, 2009
975
0
0
Even more pathetic than the British response is that of the right wing here in the US picking up that torch in a seriously lame attempt to attack the president. The same people who always could care less about foreign opinion and complaining the most about our economy now want us to believe that sacrificing the economy of the Gulf Coast region for Britain's sake is the right move.
 
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dahunan

Lifer
Jan 10, 2002
18,191
3
0
Media in UK isn't denying BP role in spill (and the exact cause stil isn't known). However they understand President Spock has not been engaged in limiting the crisis and is instead using it for political purposes. Bashing and bullying BP in ghetto fashion - as the crisis still continues - is lamentable. Probably serves UK right for having been high on Spock in the first place.


"Ghetto fashion" eh?

Is that some racist garbage from your sewer pipe face?

USA Citizens and its President OWE BP nothing.. nothing whatsoever ever

Sad that big business republicans like you still kiss BPs ass and other large corporations.. must taste good huh
 

Kadarin

Lifer
Nov 23, 2001
44,296
16
81
This article, among others, http://www.telegraph.co.uk/finance/...nts-Barack-Obama-in-battle-to-protect-BP.html

It's pathetic and frankly embarrassing.

Basically, the story goes that BP is such an important company to England and its pensioners (who apparently have no idea in the world what diversifying means, as its dividends make up a revoltingly large percentage of their investment incomes) that it is trying its damnedest to minimize losses of BP stock.

And some of its complaints may be valid, but all I'm seeing coming out of England is not any sympathy or "Yep, we agree, BP kind of fvcked this one up, folks!" but more "Oh, please, I know that spill is murdering the gulf, but our pensioners needs its dividends. Please just oh please stop saying all those naughty things about BP!"

I suppose the British government is welcome to step in and pay for the whole cleanup operation + compensation for affected businesses, etc if they want to. Otherwise, fuck them. They can just shut their pieholes about their dividends from BP.
 

dahunan

Lifer
Jan 10, 2002
18,191
3
0
EXXON got lucky the Valdez was WAY OUT IN ALASKA

If Valdez was in the Gulf.. they would have been skewered

another thing.. UK/England/Britain w/e the fuck you wish to be called... SWITCH SHOES ... if this happened to you.. you would be going apeshit crazy...
 

DivideBYZero

Lifer
May 18, 2001
24,117
2
0
EXXON got lucky the Valdez was WAY OUT IN ALASKA

If Valdez was in the Gulf.. they would have been skewered

another thing.. UK/England/Britain w/e the fuck you wish to be called... SWITCH SHOES ... if this happened to you.. you would be going apeshit crazy...

Credit crunch. Started in the US, bled all over the planet, costing an order of mangnatude greater than $20bn. How do those shoes feel?
 

dahunan

Lifer
Jan 10, 2002
18,191
3
0
Quote: Originally Posted by dahunan View Post EXXON got lucky the Valdez was WAY OUT IN ALASKA If Valdez was in the Gulf.. they would have been skewered another thing.. UK/England/Britain w/e the fuck you wish to be called... SWITCH SHOES ... if this happened to you.. you would be going apeshit crazy... Credit crunch. Started in the US, bled all over the planet, costing an order of mangnatude greater than $20bn. How do those shoes feel?

I want them all on London Bridge.. so the shoe fits fine - I am on your side there

but to act like USA needs to be nice to BP? throw my shoe at anyone that thinks that...
 

theeedude

Lifer
Feb 5, 2006
35,787
6,198
126
How about we scoop up all the oil and then dump it in UK's waters, since they love it so much?
 

Danube

Banned
Dec 10, 2009
613
0
0
"Ghetto fashion" eh?

Is that some racist garbage from your sewer pipe face?

USA Citizens and its President OWE BP nothing.. nothing whatsoever ever

Sad that big business republicans like you still kiss BPs ass and other large corporations.. must taste good huh



Speaking of garbage - I was reminded of the Dali Lama getting shuffled out the back door past the garbage (no wonder rodents once got caught scurrying past Obama's podium). A very low class White House all around.

Obama is typical of a Chicago Alinskyite and ACORN hustler who is more comfortable using street "diplomacy" than anything more sophisticated and intelligent. Obama is just a punk in a suit with an Ivy League Veneer (an affirmative action one at that).


Obama's White House

t62uk1.jpg
 

Infohawk

Lifer
Jan 12, 2002
17,844
1
0
There is a decent solution. The British government can bail out BP and pay for the damage. Otherwise, they can STFU.

Or, if you listen to COW, we can nuke them.
 

Babbles

Diamond Member
Jan 4, 2001
8,253
14
81
Credit crunch. Started in the US, bled all over the planet, costing an order of mangnatude greater than $20bn. How do those shoes feel?

To peg the economic problem solely on the US is just outrageously misinformed. Christ, just read a few articles from The Economist (i.e. British publication) to become better informed. Many people point to some European, and UK in particular, bank failures as the straw that broke the camel's back; Northern Rock ring a bell? Granted Goldman Sachs did a brilliant job of mucking things up (as well as other US firms), but it is hardly a problem created only in the U.S.
 

CanOWorms

Lifer
Jul 3, 2001
12,404
2
0
Credit crunch. Started in the US, bled all over the planet, costing an order of mangnatude greater than $20bn. How do those shoes feel?

Unfortunately, that's a different situation created by complex relationships collapsing in a domino effect. The initial collapsees are not necessarily responsible for the latter collapsees. The latter have their own responsibilities for exposing themselves and engaging in the game.

The British media is going hysterical. The world knows what happens when European media goes unchecked: genocide. The time is now to launch an attack and subdue the British hysteria. They must be put in their place and shown what is to come if they continue on their path. A missile strike on Buckingham Palace or Tower Bridge would be fine.
 
Aug 14, 2001
11,061
0
0
Unfortunately, that's a different situation created by complex relationships collapsing in a domino effect. The initial collapsees are not necessarily responsible for the latter collapsees. The latter have their own responsibilities for exposing themselves and engaging in the game.

The British media is going hysterical. The world knows what happens when European media goes unchecked: genocide. The time is now to launch an attack and subdue the British hysteria. They must be put in their place and shown what is to come if they continue on their path. A missile strike on Buckingham Palace or Tower Bridge would be fine.

Or at least dump a couple of hundred thousand of gallons of oil on Buckingham Palace!
 

DivideBYZero

Lifer
May 18, 2001
24,117
2
0
To peg the economic problem solely on the US is just outrageously misinformed. Christ, just read a few articles from The Economist (i.e. British publication) to become better informed. Many people point to some European, and UK in particular, bank failures as the straw that broke the camel's back; Northern Rock ring a bell? Granted Goldman Sachs did a brilliant job of mucking things up (as well as other US firms), but it is hardly a problem created only in the U.S.



I'm a subscriber.

In suggesting the UK bank failures were a 'straw' then you have to also agree that the epic failure of the sub-prime market was the extreme load already on the near crippled Camel. Maybe this simple 12 point description of events will help. Note all events up to point 10 are solely restricted to the US.

http://www.mortgageguideuk.co.uk/blog/debt/credit-crunch-explained/
 

WelshBloke

Lifer
Jan 12, 2005
33,485
11,631
136
How about we scoop up all the oil and then dump it in UK's waters, since they love it so much?

Or you could, you know, have tried regulating the oil industry that operates in YOUR country and is subject to YOUR laws and holding them to decent safty standards.

Wait, its far easier to play pass the parcel with the blame.
 

monkeh624

Member
Sep 7, 2008
93
2
66
Unfortunately, that's a different situation created by complex relationships collapsing in a domino effect. The initial collapsees are not necessarily responsible for the latter collapsees. The latter have their own responsibilities for exposing themselves and engaging in the game.

The British media is going hysterical. The world knows what happens when European media goes unchecked: genocide. The time is now to launch an attack and subdue the British hysteria. They must be put in their place and shown what is to come if they continue on their path. A missile strike on Buckingham Palace or Tower Bridge would be fine.

LOL. That's a fair and balanced response for sure. When in doubt or pissed off, just launch a few missiles at your biggest ally. The world would be a scary place if you ever got your hands on the levers of power.

I'm genuinely curious as to where your hatred of Britain comes from. Did the Queen shit in cereal and then proceed to kill your puppy?

To everyone in the US complaining about the British media, understand that the British media != the British people. This is just their way of spinning an oil spill story out for a few more weeks by trying to whip up some jingoistic anti-US sentiment.
Remember that the media generally exists for one reason only, to sell themselves and make some cash.

The vast majority of people in the UK are just as pissed off with BP as people in the US are, especially after the idiotic comments the BP boss has made.
Frankly, I don't really care who is responsible for the mess at this point, the focus should be on plugging the leak, cleaning the mess and compensating those who have had their business ruined.

Once all that is done, THEN there should be a thorough investigation to apportion blame to the responsible parties.

As for Obama's rhetoric towards BP, this was his opportunity to look tough on something, of course he was going to jump all over it.