BP Agrees to $20 Billion Fund to Compensate Oil Spill Victims

Now I know no one is really upset with the "We care about the small people" comment. Isn't that why there is a Palin in the mix? Conservatives, also, are pretending to have the same care concernung the least of these. The only thing, the 'proof' has not been in the "pudding."

"We care about the SMALL people"??? Did Svanberg really say that?! That's like saying "the INSIGNIFCANT people." How degrading and insulting. Maybe "the EVERYDAY people" would have been a better choice of words.

Ther seems to be acceptance of responsibility by BP for the oil rig accident. I would like to see some acceptance of responsibility for this accident by the environmentalist lobby. Their pig headed refusal to accept drilling in areas closer in, and in alaska, is a major reason for drilling so far out. They should be putting money in escrow as well. Now with a moratoriam on drilling which will cost thousands more lost jobs, the only ones drilling will be china and russia. Naturally we'll be buying that same oil from them.

BP probably figured that it was worth 20 billion dollars to get Obama to shut up. Obama's attacks on BP was about to cause a war between Great Britain and the U.S.

Victims will not see this money. It will be used to pay off obama's friends. I don't trust the govt. A third party selected to watch this pot of money will be picked by obama. As in everything he touches, it costs us the taxpayers money. I can see a hoard of fraudulent claims just as in katrina. The citizens will once again be shafted. By the way, if environmentalists hadn't made such a stink about where oil companies could drill (like off the coast of Louisiana in shallower waters), we wouldn't be having this conversation today. Environmentalists are to blame.

This is great news. A $20 Billion shakedown to be funneled through a Democrat appointee to favored "victims". If the oil were cash, and they passed it through a Federal distribution system, only a trickle would reach the Gulf waters!

Sadly, the bureaucracy is making it difficult for anyone to be timely and adequately recompensed. Democrats have a talent for complicating anything. If it weren't so tragic, it would be amusing.

BP already stated they would pay damages.BP CEO Tony Hayward met with Obama as a courtesy. BP did not have to meet with Obama or did they have to agree with the fund. It was done as a good business practice. I am sure Obama will stand up beating his chest taking credit for what happened!

Thank goodness, we're saved- and what a news flash, since they'd already agreed in rpinciple to fund a multi-billion dollar fund. The devil's in the details of who gets to decide who a victim is, what it's worth, and write the check out of the fund. Don't forget the debacle of the $2000 VISA cards buying big screen TVs and alcohol and the 25 million dollars of ice in refrigerator trucks sitting in Houston after Katrina. This smacks of gamesmanship and political posturing far more than it does leadership and problem solving.

We can't afford anymore of obama's policies. Health care costs are estimated to go up at least 9% next year which will be passed on to us. They are also saying that deductibles will go up next year for most people. How did obamacare help the hardworking middle class? And if you add your over 20 child onto your plan you are making a change to your plan and will be required to go to a government healthcare plan. The devil is in the details that OUR representatives didn't take the time to read because it doesn't affect them.