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Dustlawyer

(10,538 posts)
15. True, but don't short shrift the influence of their advertisers.
Sat Aug 26, 2017, 09:17 AM
Aug 2017

In the BP oil spill, BP advertised so heavily along the Gulf Coast and nationally with the clear objective that if a TV, radio station, or newspaper dared to report on the victims or negative to BP they would lose their ad money.

This also happened nationally with Anderson Cooper and Rachel going down initially but not much after. There was so much going on that would usually be big news and was never reported at all!

The supposed $20 billion dollar settlement fund was reported except they didn't report the fact that there was never even a $20 billion dollar fund. BP would put $1.2 billion per quarter into the fund which would be exhausted in the first two weeks to pay some claims, then the victims had to wait another 4 months for another installment and hope their claim was lucky enough to be picked.

The Fund was cancelled after paying only $6 billion to a fraction of the claims. BP offered the Plaintiff's Steering Committee (PSC) a deal, they would pay the PSC $600 million if they agreed to a one-sided Class Settlement (only a third qualified for any money, usually a fraction of their losses). The catch was that the PSC would lose the $600 million if they later fought to overturn the settlement and were successful. This guaranteed the crappy deal would go through to the end which is when the payment would be made to the PSC.

NONE OF THIS EVER MADE THE NEWS!!! Most Americans, if they remember at all, believed the $20 billion Fund took care of it, a belief BP encouraged.

Meanwhile, BP's ads showed a woman in freezing cold Alaska, as far from the Gulf and still be in the U.S., tout their safety!

The advertisers control the content we see on the MSM, PERIOD!!!

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