Nationalize BP

That's assuming that Obama didn't have it blown so he wouldn't have to follow thru on his promise to open up drilling. Originally Posted by John Bull

Cool! Now i can say here that Bush allowed 9/11 to happen and not feel silly.

Nationalizing the company won't help anything. However, i think we need some sort of equivalent of capital punishment for gross and repeated corporate malfeasance. BP may be a candidate, although it's too early to tell on this accident. But their conduct in the Texas City explosion was absolutely horrific. Johns Manville is another company that deserved it (and more or less got it, at least up until the point they declared bankruptcy).

But at some point, the government, by whose forebarance corporations are allowed to exist and gives them their limited liability status, needs to take stock of grave and repetitive corporate misbehavior and make a fundamental decision on whether the corporation deserved to continue to exist as an entity. Have a mandatory dissolution with corporate officers entitled to no compensation for their stock.

It amazes me just how non-educated the general public is of the energy sector. Noticed I said Energy and not Petroleum or Oil Company?

BP may be responsible for part of the problem but the government inspectors, under God knows how many administrations, including Saint Obama, bear great responsibility also.

That's assuming that Obama didn't have it blown so he wouldn't have to follow thru on his promise to open up drilling. Originally Posted by John Bull

Or maybe it was a contingency of right wing nuts, led by Glenn Beck, who blew it up it up to frame Obama so they might have fodder to feed their zombie followers.

I expected the anti-Obama rhetoric given the political bent of most of the posters on this board. Originally Posted by charlestudor2005

Irrespective of the "political bent" of most of the posters in this forum, whatever it may be, don't you think the "anti-Obama rhetoric" might have just a little bit to do with the fact that he's trying to cram through the most anti-growth economic agenda in many decades -- and that more and more people are beginning to realize that?

And, yes, people on both sides of the political divide seem to strongly agree that nationalizing BP would be a disastrous idea.

Or maybe it was a contingency of right wing nuts, led by Glenn Beck, who blew it up it up to frame Obama so they might have fodder to feed their zombie followers. Originally Posted by Sa_artman

And I suppose it was all W's fault too.

And I suppose it was all W's fault too. Originally Posted by John Bull

No. It was the dictator with the hidden weapons of mass destruction.

It amazes me just how non-educated the general public is of the energy sector. Noticed I said Energy and not Petroleum or Oil Company? Originally Posted by Woody of TX

Damn Wood-row......that can be said of any subject except bitching, the general population are all experts on that one!

I thought you were talking about the nationalizing of the Back Page personals section. Quite an odd thing to nationalize!

I thought you were talking about the nationalizing of the Back Page personals section. Quite an odd thing to nationalize! Originally Posted by Txn5inThick

Actually with all the LE on BPage nowadays, I think it's already federally supported.

Actually with all the LE on BPage nowadays, I think it's already federally supported. Originally Posted by Sa_artman

No. It was the dictator with the hidden weapons of mass destruction. Originally Posted by Sa_artman

Hilarious! And I love you jammin' kitten avatar.

And I suppose it was all W's fault too. Originally Posted by John Bull

Since, you asked, everything is and will be for eternity

Irrespective of the "political bent" of most of the posters in this forum, whatever it may be, don't you think the "anti-Obama rhetoric" might have just a little bit to do with the fact that he's trying to cram through the most anti-growth economic agenda in many decades -- and that more and more people are beginning to realize that? Originally Posted by CaptainMidnight

Ah. So the birthers are motivated by what they believe to be anti growth economic policy. Gotcha.

And, yes, people on both sides of the political divide seem to strongly agree that nationalizing BP would be a disastrous idea.

Really? It seems most people i've heard seem to think it would be pointless, which is a far cry from disastrous. And even the people who claim it would be disastrous haven't really done a very good job of explaining just how it would be disastrous. So while i agree that most people don't think it's a very good idea, myself included, i suspect that would change if Obama ever stated that he thinks it's not a very good idea.

Ah. So the birthers are motivated by what they believe to be anti growth economic policy. Gotcha. Originally Posted by Doove

Huh??

What the hell does whatever the "birthers" think have to do with the fact that Obama is intent on cramming through a manifestly anti-growth agenda?

It's generally a good idea to read and understand a post before tossing non sequiturs.

Really? It seems most people i've heard seem to think it would be pointless, which is a far cry from disastrous. And even the people who claim it would be disastrous haven't really done a very good job of explaining just how it would be disastrous. So while i agree that most people don't think it's a very good idea, myself included, i suspect that would change if Obama ever stated that he thinks it's not a very good idea. Originally Posted by Doove

I think most people on the left of the political divide (except for those on the far, far loony left) think nationalization would be far worse than simply "pointless." YOMV (and apparently does).