[Updated at 2:39 p.m. ET] Attorney General Eric Holder says that three BP officials were indicted on criminal charges in connection with the 2010 Deepwater Horizon oil spill in the Gulf of Mexico.
The news comes on a day when BP pleaded guilty to 14 criminal charges, including a dozen felony charges, stemming from the oil spill, and that the company agreed to pay $4 billion in fines and penalties.
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Patrick, that 50% thing is a bit steep dont you think? But this money from BP should be used to pay down the deficit. They need get that under control.
You do realize 4 billion isn't even 1% of the deficit, right?
So lets see, if I, a citizen, kill eleven people and cause billions in damages to the economy and the environment,I go to jail, pay fines, possibly get executed. If I'm a multiple-billion dollar corporate citizen and kill eleven people and cause billions in damages to the economy and the environment, I pay a fine and get barred from doing business with the government. Yeah, that seems fair. Yeah, that's why corporations are just like people, sure.
Right?
Imagine what would happen if all of the EPA regulations were to be eliminated...this kind of disaster would just be business as usual.
I understand your frustration, but what's the solution? Should we incarcerate or execute all major shareholders, or just the board of directors? This is an issue of practicality.
If the working class people can budget with money they have, not money they WISHED they had than the government can also! Private sector jobs lay people off when they are realizing a shortage of funds. Gov should also. Go to l secretary vs 3 or more!!
Government is a trillion in debt...So are we gonna disband the military til we can afford one? A wealthy nation's budget isn't like your household budget. It just can't walk away from Its citizen's needs. Non essentials can be cut...essentials no! We are not a poor nation like Greece. We have the money...just not the political will to get it.
It'll all work out. Hostess will close...somebody will Buy
the rights to "Twinkies", hire the unemployed bakers at minimum wage and life will go on!
Was Hostess involved in the oil spill?
Oh, do be quiet.
Please go to a qualified professional who can help you with your apparent ident ity crisis.
A little help in grammar, syntax, and punctuation wouldn't hurt you any, either.
I have news for you...this isn't Hostess's first bankruptcy, nor will it (most likely) be the last...
I am friends with a man who works for Hostess, and he has been down this road a few times before; unions had nothing to do with their previous declarations.
Well, I'm sure they will find a way to argue down the fine like Exxon did with the Alaska spill, and that is unfortunate for the small business owners and working people who were hit so hard by another catastrophic failure caused by cost-cutting induced negligence.
Not dazzle, not chrissy, and not my fault, lol.
I disagree.
exxon valdez was judged guilty and toay they put out less than..10 percent of the, yes. 10%.
FED and staye agencys got most of payout and manyof those whose lives as gishermen was ruined and many have gone tothat clean ocean in nether netherlans.
I see our simpleton village idiot troll is back.
Grow up.
That is a good description of Banasy. I must concur.
Another sad day for the republicans.
Monica, why are you so rude and combative?
Why do you like cigars so much?
How IS Bill these days? Still have that dress?
Does anyone know what time it is? My watch is broken.
"Does anybody really care about time? If so, I can't imagine why. We've all got time enough to die".
No sarcasm intended. But a government, which is responsible for and to the people cannot just set a budget based on next years projected tax receipts or income. You can put a budget on paper and plan around it...but unlike your personal finances....you don't anticipate the "Katrinas", the "Sandy's", gulf oil spills, terror attacks the housing crisis, etc. The citizens expect the government to respond to unanticipated events.
ALL i was saying @ Portland Tony, you CANT make a budget on money you WISHED you had! You make a budget on what you KNOW youre gonna have, and that doesnt include borrowing from other countries! You cut out things not necessary! Sarcasm was uncalled for!
Their total work hours yearly average out to about 8 weeks of an average joe citizen. And they dont accomplish much that could even be considered productive!
Which of course you know very well isn't at all fool-proof, don't you, Jeff Frank?
So....Little mister, when someone invites you to dinner do they have to add like l0 extra place settings? One for everyone of your personalities!