Joe Barton was not defending BP...he was defending the rule of law. Lucy, let me 'splain it to you:
BP's stock value is now below book value...they are going down fast, and by all accounts there will be many billions in claims against them...much more will be claimed than will ever be available.
So how do you get in line for BP money, if you have been harmed?
Well, there is the good old fashioned way, known as our legal system.
And, there is the new-fashioned way of letting some politicized Czar dole out the money.
Either way, BP pays out...just this new way skips past pesky details like due process, equitable distribution, etc. On the plus side, people filing claims will get to experience the incredible efficiency of the federal government
Look at the stimulus watch web-sites...a disproportionate amount of ARRA moneys have gone to blue states, compared to red states. Remember when the gubment took over GM and Chrysler and closed all those dealerships....it turned out that all but a handful of the targeted dealerships were owned by GOP donors.
Call me skeptical, but I would much rather BP get dismantled by the courts...just a little bit afraid that the blue vs red distribution of BP money will easily be broken down by county in the future.
And what about the families of the 11 who died? In case you missed it, here is what happened:
1. AG Holder starts a criminal investigation over the deaths
2. Obama summons BP leadership to WH and says 'Hey, I have no legal authority to demand $20 billion, but I want it'...wink wink, nudge, nudge
3. After a 20 minute 'conversation', he gets the $20 Billion
Now, if I were a family member of one of those who died...I would be extremely suspicious. Are they still going to prosecute? Is holder going to go for the toughest charge he thinks will stick? Was an 'agreement' made to reduce to a lower charge?
Of course I'm just speculating...but that's exactly what happens when the system gets circumvented, and all transparency is lost (that silly legal process happens in the public square)
Anyway, just watch. There are people at BP who were criminally negligent. There is strong evidence that pressure test results were falsified. People died...and people should go to prison. We'll just see if they do.
...and for pointing that out, the messenger Barton has been blamed...as (sigh) expected.