Brain
Posts: 3792
Joined: 2/14/2007 Status: offline
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You can blame Cheney for this too but one good thing is you won't have to go to Canada for the oil sands now, you can mine the stuff on Florida beaches. That's progress for you. BP faces a new nightmare as oil causes Florida swimming ban - Americas, World - The Independent By David Usborne, US Editor Thursday, 10 June 2010 The environmental nightmare unleashed by the crippled BP oil well in the Gulf of Mexico crept further into the white-sand paradises of Florida yesterday with officials announcing a swimming ban along a six-mile stretch of popular lido while researchers warned of mass lay-offs in the state's all-important tourism sector this year. The damage being inflicted on BP itself meanwhile continued to worsen as shares in London fell another 4 per cent in nervous trading that reflected the campaign by the federal government in Washington to shift all blame for the catastrophe on to the company by serving notice that it will be expected to pay all bills. Pressure on BP was even harsher in New York where its depositary shares closed down 16 per cent. "People are resigning themselves to the fact that there may be a suspension of the dividend," said Tony Shepard, an oil analyst at brokerage Charles Stanley in London. The Interior Secretary, Ken Salazar, told US Congress he now expected BP to pay for the cancelled salaries of anyone unexpectedly without work because of the six-month moratorium on deep-ocean drilling announced in the wake of the blow-out. A memorandum from Goldman Sachs, the Wall Street brokerage giant, meanwhile put at $33bn (£23bn) the eventual cost to BP for everything associated with the disaster, including clean-up, legal bills and compensation payments. The analysts said it may be a decade before all these costs have materialised, however. The bank predicted the two-quarter dividend holiday by the company in response to direct pressure from US politicians. Tar balls have been puncturing the sands of Pensacola in Florida since last weekend. Yesterday, officials introduced the first swimming ban in the state associated with the leak, covering a six-mile stretch of Perdido Beach on the Gulf Shore Islands. The White House said Barack Obama, whose presidency has been knocked off course by the crisis, would make a fourth trip to the Gulf Coast next week, notably making his first stop since the disaster began in Florida, an all-important political swing state. Sean Snaith, an economist with the University of Central Florida, released an initial study into the potential impact of the disaster on the state's economy, concluding that as many as 195,000 Floridians employed in the tourism sector could be laid off as a result of the spill. Mr Snaith contended that a direct hit by the surface slick on Florida could spell a 50 per cent drop in tourist visits. Exactly how serious a scenario will unfold is difficult to predict, he admitted. "The whole economic impact of the episode is a giant layer cake of uncertainty," he said. "How many counties will be affected? I don't know. We won't really know until the oil starts washing up on the shore." http://www.independent.co.uk/news/world/americas/bp-faces-a-new-nightmare-as-oil-causes-florida-swimming-ban-1996127.html quote:
ORIGINAL: AnimusRex quote:
ORIGINAL: Sanity I love the way you far left howlers go completely bonkers with all your weak, pathetic insults when you can't get your way in an argument, which is most of the time. You rang? Yes, I agree; it was the rent free apartment given to Rahm that directly led to the explosion and leak. I am sure Beck can diagram that connection on a blackboard for the rest of the howlers. In point of fact, I would assign a small amount of blame on Dick Cheney personally; he DID oversee the slow dismantling of the regulatory apparatus, and he DID grant BP and Halliburton incredible access to government power and leniency. However, even Cheney didn't force BP to cut corners, or force Halliburton to do shoddy work. There were plenty of fingerprints on this crime, and Cheney's are one of many. There are plenty of reasons why Dick Cheney should be swinging from a rope*, but this is small entry on a long rap sheet. * No. This was not hyperbole or rhetorical flourish.
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