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June 17, 2010 at 12:45 AM #17586June 17, 2010 at 8:40 AM #566286
Arraya
ParticipantThat’s alright, JP Morgan says it will increase GDP and nothing measures the health of a society better than GDP. We need to dump a bunch of oil on Detroit to give a boost to the area.
Meanwhile BP got off cheap @ 5 billion a year over 4 years. Especially since this thing will be flowing for sometime and damages are unseen at this point.
The original jury award for Exxon Valdez was 5 billion. So far this is 14 x the size at least and probably will be 20-40 by the time its done. With a 100 times the economic damage.
No wonder Tony was looking smug when he left the white house
June 17, 2010 at 8:40 AM #566384Arraya
ParticipantThat’s alright, JP Morgan says it will increase GDP and nothing measures the health of a society better than GDP. We need to dump a bunch of oil on Detroit to give a boost to the area.
Meanwhile BP got off cheap @ 5 billion a year over 4 years. Especially since this thing will be flowing for sometime and damages are unseen at this point.
The original jury award for Exxon Valdez was 5 billion. So far this is 14 x the size at least and probably will be 20-40 by the time its done. With a 100 times the economic damage.
No wonder Tony was looking smug when he left the white house
June 17, 2010 at 8:40 AM #566893Arraya
ParticipantThat’s alright, JP Morgan says it will increase GDP and nothing measures the health of a society better than GDP. We need to dump a bunch of oil on Detroit to give a boost to the area.
Meanwhile BP got off cheap @ 5 billion a year over 4 years. Especially since this thing will be flowing for sometime and damages are unseen at this point.
The original jury award for Exxon Valdez was 5 billion. So far this is 14 x the size at least and probably will be 20-40 by the time its done. With a 100 times the economic damage.
No wonder Tony was looking smug when he left the white house
June 17, 2010 at 8:40 AM #567000Arraya
ParticipantThat’s alright, JP Morgan says it will increase GDP and nothing measures the health of a society better than GDP. We need to dump a bunch of oil on Detroit to give a boost to the area.
Meanwhile BP got off cheap @ 5 billion a year over 4 years. Especially since this thing will be flowing for sometime and damages are unseen at this point.
The original jury award for Exxon Valdez was 5 billion. So far this is 14 x the size at least and probably will be 20-40 by the time its done. With a 100 times the economic damage.
No wonder Tony was looking smug when he left the white house
June 17, 2010 at 8:40 AM #567285Arraya
ParticipantThat’s alright, JP Morgan says it will increase GDP and nothing measures the health of a society better than GDP. We need to dump a bunch of oil on Detroit to give a boost to the area.
Meanwhile BP got off cheap @ 5 billion a year over 4 years. Especially since this thing will be flowing for sometime and damages are unseen at this point.
The original jury award for Exxon Valdez was 5 billion. So far this is 14 x the size at least and probably will be 20-40 by the time its done. With a 100 times the economic damage.
No wonder Tony was looking smug when he left the white house
June 17, 2010 at 9:01 AM #566296briansd1
GuestRoughly, after appeals, Exxon paid $4.5 billion total (from the CNN link).
Suppose that the BP gusher ends up 30X the size of Valdez. That would equate to $135 billion, not including inflation since Valdez. Add inflation and you get a much larger number that would still be in proportion to the Valdez Spill.
June 17, 2010 at 9:01 AM #566394briansd1
GuestRoughly, after appeals, Exxon paid $4.5 billion total (from the CNN link).
Suppose that the BP gusher ends up 30X the size of Valdez. That would equate to $135 billion, not including inflation since Valdez. Add inflation and you get a much larger number that would still be in proportion to the Valdez Spill.
June 17, 2010 at 9:01 AM #566903briansd1
GuestRoughly, after appeals, Exxon paid $4.5 billion total (from the CNN link).
Suppose that the BP gusher ends up 30X the size of Valdez. That would equate to $135 billion, not including inflation since Valdez. Add inflation and you get a much larger number that would still be in proportion to the Valdez Spill.
June 17, 2010 at 9:01 AM #567010briansd1
GuestRoughly, after appeals, Exxon paid $4.5 billion total (from the CNN link).
Suppose that the BP gusher ends up 30X the size of Valdez. That would equate to $135 billion, not including inflation since Valdez. Add inflation and you get a much larger number that would still be in proportion to the Valdez Spill.
June 17, 2010 at 9:01 AM #567295briansd1
GuestRoughly, after appeals, Exxon paid $4.5 billion total (from the CNN link).
Suppose that the BP gusher ends up 30X the size of Valdez. That would equate to $135 billion, not including inflation since Valdez. Add inflation and you get a much larger number that would still be in proportion to the Valdez Spill.
June 17, 2010 at 9:04 AM #566301afx114
ParticipantIf you missed The Daily Show last night, be sure to check out Jon Stewart discussing the last eight presidents who have gone on television and promised to move America towards an energy-independent future.
It’s so pathetic that it was hard to laugh.
June 17, 2010 at 9:04 AM #566399afx114
ParticipantIf you missed The Daily Show last night, be sure to check out Jon Stewart discussing the last eight presidents who have gone on television and promised to move America towards an energy-independent future.
It’s so pathetic that it was hard to laugh.
June 17, 2010 at 9:04 AM #566908afx114
ParticipantIf you missed The Daily Show last night, be sure to check out Jon Stewart discussing the last eight presidents who have gone on television and promised to move America towards an energy-independent future.
It’s so pathetic that it was hard to laugh.
June 17, 2010 at 9:04 AM #567015afx114
ParticipantIf you missed The Daily Show last night, be sure to check out Jon Stewart discussing the last eight presidents who have gone on television and promised to move America towards an energy-independent future.
It’s so pathetic that it was hard to laugh.
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