It might just be me, tonight, Steve, but I swear every comment by a conservative that I've come across today sounds like the kind of word-salad that schizophrenics are famous for. Let me get this straight: if BP puts money to pay for the spill into an escrow account, it will cut back on their ability to pay for the spill...right? It scares me, but I think I know what he means; he's so eaten up with the whole Unfettered Capitalism philosophy, it bothers him that BP won't be able to plow every nickel back into the business of digging new wells. Like that's what they do with it all.
Hell, their stock won't even go down significantly. We in America are so heavily invested in oil, from discovery to fuel-injection engine, and our 401K's are so into BP, they're not going anywhere. As soon as their stock drops a little, the computers who ARE Wall Street these days gobble those shares right up.
Schizo is right. Do they really believe that if BP were to disappear overnight, that the oil would remain trapped underground forever? Are there no other oil companies? On a different note, I'm sure that BP talent is already hard at work creating a new persona for the oil giant. BP, as a hated name will disappear quietly, much as they have before, and a new name and logo will appear. The oil loving public will embrace them...
It might just be me, tonight, Steve, but I swear every comment by a conservative that I've come across today sounds like the kind of word-salad that schizophrenics are famous for. Let me get this straight: if BP puts money to pay for the spill into an escrow account, it will cut back on their ability to pay for the spill...right? It scares me, but I think I know what he means; he's so eaten up with the whole Unfettered Capitalism philosophy, it bothers him that BP won't be able to plow every nickel back into the business of digging new wells. Like that's what they do with it all.
ReplyDeleteHell, their stock won't even go down significantly. We in America are so heavily invested in oil, from discovery to fuel-injection engine, and our 401K's are so into BP, they're not going anywhere. As soon as their stock drops a little, the computers who ARE Wall Street these days gobble those shares right up.
Homo sapiens sapiens has out-sapiened itself.
The Cunnel opens his mouth and oil spills out.
ReplyDeleteSchizo is right. Do they really believe that if BP were to disappear overnight, that the oil would remain trapped underground forever? Are there no other oil companies?
ReplyDeleteOn a different note, I'm sure that BP talent is already hard at work creating a new persona for the oil giant. BP, as a hated name will disappear quietly, much as they have before, and a new name and logo will appear. The oil loving public will embrace them...