AOL News has a new home! The Huffington Post.
Click here to visit the new home of Politics Daily!And Nancy Pelosi has lots of stock in AIG! Wonder why the taxpayers are bailing them out over and over?? Most all investors have some oil stock. It is part of most mutual funds.
June 23 2010 at 10:33 AM Report abuse Permalink rate up rate down ReplyGEE I wonder which oil company is lining the pockets $$$ of Judge Martin Feldman??? We do not need anymore oil wells in the ocean, enough already. What we DO need is an END to drilling for oil in the ocean and start using alternative energy sources such as wind mills & solar power. We already have the technology to use alternative fuel to power our cars, but the oil industry bought the patent on it, so we can continue to use their oil and make the oil tycoons richer! They do not care about the environment as they are environmental criminals and no better than street thugs!!!
June 22 2010 at 8:31 PM Report abuse Permalink rate up rate down ReplyDo you have a retirement fund, money market, etc?
Then you have money coming from oil companies too.
Perhaps you can instead of trying to demonize Mr. Feldman explain how his ruling would be false? Because those of us that live in reality land see it for what it is: A spot on assessment of how Obama is overreaching and going outside of his authority.
Useful debate is what makes democracy great - not demonizing someone to further your opinion.
By all means lift the moratorium. We can't even cap one leak why not have a few more leaks and lets be done with it. God forgive us for we know not what we do.
June 22 2010 at 7:36 PM Report abuse Permalink +4 rate up rate down ReplyYeah, you're right, all the wells are going to leak. I can't believe the tens of thousands that have been producing for over 40 years haven't all just blown the ocean out of the atmoshpere yet. Oh noes!
June 23 2010 at 11:20 AM Report abuse Permalink rate up rate down ReplyJust read Feldman's remarks on the Moratorium in full... wow that is so refreshing to see it put so bluntly and to call the administration out.
Good for Feldman! He gets a gold star! :)
Maintaining the moratorium makes sense, until it is understood what the root cause(s) of failure were and remediation measures can be defined and implemented. It is likely more than just negligence; the BOP strategies (design issues and operational issues) were likely deficient. Jobs should not be relevant in the decision, since BP is to reimburse those who lost wages due to the moratorium. Also the moratorium is for drilling, and is not for production.
June 22 2010 at 6:32 PM Report abuse Permalink +1 rate up rate down ReplyThis Moratorium was just plain stupid. It put thousands of Citizens out of work. Do not "throw the baby out with the bath water". BP had 100 times the violations that the other companies had. "Just because my neighbor did something bad in his backyard, why keep me out of mine"? Obama has a plan to help his friends. Why did he commit to loaning 2 billion dollars to Petro-Brazil so they can drill 14,000+ feet, when he says "over 500' is not going to happen?
June 22 2010 at 5:36 PM Report abuse Permalink +2 rate up rate down ReplyI agree with the judge..Thousands of people have lost their jobs already from the oil spill, we don't need thousands more losing them from the oil companies shutting down in the south..My husband used to work on oil rigs back in the 80's (the only Yankee on the platform)and he told me there was another spill like this back a decade or two ago or so and the environment recovered. I also like the comparsion of air plane accidents(thousands of platform rigs across Gulf, off California, Alaska, all over the world, this blow out was a 1 in a million accident/negligence),do you shut down air travel when a plane accidently goes down..Also if you stop drilling, your gas prices are going to skyrocket and then you would have something else to complain about..Yes, BP was negligent and they need to stop this gusher,compensate people and clean up the areas but to stop all Gulf production is just ridiculous and a political pacification to the public that makes no sense at all.
June 22 2010 at 5:31 PM Report abuse Permalink +3 rate up rate down ReplyIf he's a federal judge, wouldn't Feldman be part of the US Government?
June 22 2010 at 5:04 PM Report abuse Permalink +1 rate up rate down ReplyWe are about to create with our own hands the US version of the DEAD SEA and all we can do is argue about politics. Shame on us all.
June 22 2010 at 3:18 PM Report abuse Permalink -4 rate up rate down ReplyWow, fearmonger much?
Spills the size of the Exxon Valdez spill occur monthly in Africa, yet they are quite allright.
Maybe you should quit the doomsday approach and realize that everything will be ok.
The companies that are suffering "immediate and irreperable harm" as a consequence of the drilling moratorium are the same that will be compensated for their loss from the $10B BP escrow fund. The litigation result is a harbinger of all the decisions to the suits BP will bring to the Federal court in New Orleans when BP disputes small-business claims and cleanup costs.
June 22 2010 at 3:08 PM Report abuse Permalink +1 rate up rate down ReplyFollow Politics Daily
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