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RE: A Bailout For BP ?!?!! - 6/13/2010 9:07:12 PM   
Marini


Posts: 3629
Joined: 2/14/2010
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quote:

ORIGINAL: RCdc

quote:

ORIGINAL: DarkSteven

WTF? The banks were bailed out when their entire industry went down.  BP is the only one hurting; their competitors are doing just fine.  If other oil companies bought them in pieces and changed the management style, that would be great.  And if BP's stock continues to plummet, not unrealistic.  No bailout necessary.


That would be an incorrect assumption.
If BP goes down, so do pensions because they are tied into the shares.
40 % of shares are in USA hands, so that means it affects US economy too.

It's not as simple as 'just a company'.

That said, Boris Johnson doesn't speak for everyone.  Personally, I think that the US is correct in dissing BP and the majority of british people I know are angry at BP.

the.dark.


Great post from the.dark one!

Thank you for letting us know that many across the pond, are also angry with BP.

If BP goes down, it certainly will affect Americans and the British.
 
We have got to love this global economy.
We all rise or fall, together.

_____________________________

As always, To EACH their Own.
"And as we let our own light shine, we unconsciously give other people permission to do the same. "
Nelson Mandela
Life-long Democrat, not happy at all with Democratic Party.
NOT a Republican/Moderate and free agent

(in reply to RCdc)
Profile   Post #: 41
RE: A Bailout For BP ?!?!! - 6/14/2010 2:43:17 AM   
Aneirin


Posts: 6121
Joined: 3/18/2006
From: Tamaris
Status: offline
Well, it is often said in a crisis look for the funny side of things as it makes the crisis more bearable.

So it appears there is a fake BP ad doing the rounds, purportedly to be one BP created back in 1999, but has since been proved to be fake, but it is available on a t-shirt ;

BP Bringing oil to America's shores


_____________________________

Everything we are is the result of what we have thought, the mind is everything, what we think, we become - Guatama Buddha

Conservatism is distrust of people tempered by fear - William Gladstone

(in reply to Marini)
Profile   Post #: 42
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