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And, BP is not complying with government demands for more monitoring I read this and said to Sue, would LBJ have taken this crap from a business? No. Nor would have JFK. He whacked the steel companies upside the head when they defied him. Sue said, it’s a different world now, things are not the [...] If things were going well, would there be this much confusion? Especially since the government is questioning the process, saying tightening the new cap could put too much pressure on the well, and BP saying there is no assurance they will get the go-ahead. There seems to be a pattern here. Rosy promises that all [...] Are they trucking in sand and just covering up the mess? Are they trying to clean it up and the efforts just aren’t doing a bit of good with the tides full of oil coming in and out? No matter what they’re doing it doesn’t appear to be making any difference. The beaches still [...] http://www.youtube.com/watch?v=5fqu3beMcIw&feature=player_embedded “Aerial footage of tar on Pensacola Beach from Escambia County Sheriff’s Office helicopter.” It goes for miles and miles on (formerly) white sandy beaches in a major tourist area. Near the piers, people are looking at the oil. There are no clean up crews and the beach is apparently still open. This is devastation, [...] Gas 2.0 But in the nearly two months since the spill occurred, I’ve noticed that the news hasn’t been getting better, but worse. Yet America seems to care less and less. Now reports are coming out that there could be as much as 60,000 barrels, or 2.5 million gallons of oil, pouring into [...] Well, there was nothing new in it. He’s sticking to the party line that the relief wells will work and even said current efforts when done will capture 90% of the leak, which is certainly optimistic. Then he spent considerable time talking about the need for renewable energy, which is good, and ended with a [...] He’s continuing to say the relief well will fail, an undersea oil lake may cover 40% of Gulf, there’s a massive leak at the well head, and BP will go bankrupt with the stock falling to zero. TheStreet.com is saying (subscription only) that Simmons is a lunatic and BP will rise from the wreckage. [...] BP, in a move destined to go down as one of the bestest public relations moves ever, has apparently hired a private security company to help to keep pesky reporters from covering the unfolding catastrophe on the beaches of the Gulf Coast. That freedom of press thing is just so onerous and bothersome. But [...] Excerpts from letter by John Napier, CEO of British insurance company RSA, to President Obama Please forgive this open letter but your comments towards BP and its CEO as reported here are coming across as somewhat prejudicial and personal. If you compare the damage inflicted on the economies of the western world by polluted securities [...] Why it was just a few days ago the feds and BP were howling at scientists who dared make such a preposterous estimate. What I don’t get is why all the stonewalling on the size of the spill? This isn’t some DC scandal they can try to bury with a PR push and behind the [...] |  | ||||
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