You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #2: We all better HOPE BP doesn't go bankrupt1 THAT would mean [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion: Presidency Donate to DU
napi21 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-15-10 08:35 PM
Response to Original message
2. We all better HOPE BP doesn't go bankrupt1 THAT would mean
the taxpayers, yea you & me, would have to clean up their mess, and most likely ther wouldn't be ANY $$ to compensate the people harmed by their failures.

I know, I was feeling very vindictive too, and I wated BP to go belly up as payback, but then I was speakingto a stock broker last week, and what he saidmade sense. "BP was terribly negligent & must pay for all the damage they caused, but the last thing in the world youwant is for them not to be able to PAY! They are swimming in ash and available credit right now, and $$ won't be a problem, but if the US forces them into bankruptcy, all that money is gone. The available credit will dry up, the stock holderswill sell all their shares, and WE the US taxpayer willbe left with nothing!" H didn't even mention all the jobs lost and the damage that would do.

I honestly think it's time for us to stop the vengence attitude & think what's really in our best interests.
Printer Friendly | Permalink |  | Top
 

Home » Discuss » General Discussion: Presidency Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC