TPJ: How is it a "shake down" when BP wanted to come to the table and work something out. They wanted to work with the government to help establish a fund so that immediate claims could be fulfilled. So that people don't have to wait years being strung along by the court system while hundreds (if not more) lose their business, livelihood and way of life? How is it a "shake down" if the party that is supposedly being "shaken down" wanted to be "shaken down?" In that BP wanted to set up this escrow fund--It was the reason they met to hammer out the exact figures. You can't extort the willing.
Even Newt in this clip stated that BP was looking to set something like this up anyway!! Newt asks what gives the president the right to work something like this out? Well, if the company wants to work something out, and it's going to immediately help out fellow, average, blue-collar Americans (that the Republicans otherwise "claim" they represent) to save their fishing business, because it was put in danger to no fault of their own by the very company Newt, Sean Hannity, Joe Barton and many other Republicans are defending, then Obama has every right to do so!!
Gecko, er, I mean Newt then goes on to say that this will send a message to people not to invest in American markets or else you'll be "extorted" by the American government? Bullshit. You'll only be asked to pay for damages if you do something like, oh, I don't know---DESTROY OUR GULF OF MEXICO!!!! Newt is acting like a little incident called, "the BP oil leak" isn't happening and that BP was just innocently going about their business and was jumped in a dark alley for their wallet by the Obama administration!!
And finally, one of the key pieces of information to understanding this story of the settlement and establishment of this escrow fund is that it won't be administered by BP or the government, but by the third party. That pesky piece of information that the Republicans are leaving out makes their conspiracy theory that the government is trying to take over the company, laughable.
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