Woodruff wrote: PLAYER57832 wrote:Woodruff wrote: PLAYER57832 wrote:BigBallinStalin wrote:BPs going to take a huge loss from that incident. If it was truly profitable to have oil spills
near American coastlines, then we would have an oil spill once every year.
#1 They took a "paper" loss but overall are making money.
No, they didn't take a "paper loss" on the oil spill...they've taken a tremendous loss on it. Overall the company in all of it's processes is still making money, sure...but the oil spill itself was a tremendous loss and not at all "making money".
I never said they were making money.
You didn't? Look up there above...you sure seemed to be trying really hard to imply it, if not say it outright.
They were making money from oil. They did not make money from the spill itself, they just were not charged as much as they ought to have been. If they had been charged what they should have been, then the cost of producing the oil would well have exceeded the income.
But, its not that they have a benefit from polluting itself. They were not being economically
encouraged to pollute, they just were not being
discouraged nearly enough.
Make better sense now?
Woodruff wrote:PLAYER57832 wrote:But they absolutely RUINED many people's lives.. destroyed them, and definitely destroyed a major portion of the environment.
Absolutely it did. I don't believe anyone around here has doubted that, particularly. I certainly haven't.
Uh.. I think we both know a couple of exceptions.. at least.
Woodruff wrote:PLAYER57832 wrote:The company "took a hit", sure.. but they continue to make a profit.
I don't have any problem at all with them continuing to make a profit, so long as they fulfill their responsibilities to the environment. Which they have, for the most part, as was required of them. Do I personally think they should have been held MORE responsible? Yes, without question...but I'm not the one that makes that decision, nor are you.
Well, actually I am in a position to know. I did a lot of research on the Gulf. But no, I don't get to have any say in it.
They absolutely and unequivocably should have been held to a higher standard BEFORE the accident..t hat is key. Expecting any entity to truly make up damage on that scale is impossible. However, it galls me that they are allowed to continue generating wealth for investors, making huge salaries, while many people's lives have NOT been rebuilt.. people who did not do anything to deserve the damage they face. That is just morally wrong. EVERY PENNY those companies make should go to repay victims and restore the environment, FIRST. By rights, that company should now be held by the victims and operated to generate income for them. And, those in the decision levels of both BP and Halliburton should be put in jail.. for life.
The damage those companies did FAR, FAR exceeded the damage of 9-11. Just think on that!
Woodruff wrote:PLAYER57832 wrote:Woodruff wrote:PLAYER57832 wrote:They have not come close to really paying for all the damage.. in fact, doing so would be about impossible. (how do you replace a species we barely even knew existed before?)
I agree with you on this. But this is a different issue.
No, regarding BP and BBS' post, it is THE issue.
It's absolutely a different issue. There is a vast difference between them doing what they are REQUIRED to do and them doing what YOU THINK THEY SHOULD DO.
No, not in this thread, because it was thanks to this "don't put more onus on companies.. they make us money and should therefore not be touched" mentality, this "no more government regulation, cut government size.. no matter what" ideology that is the direct reason why those companies were not more heavily regulated. It started before the Tea Party, but the Tea Party folks are building on it to an extreme extent now.