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Friday, April 30, 2010

Oils pill 2: Bleak House

It is loudly said that British Petroleum will pay the bill for the Oil Spill.
Of course, it is BP that will pay for this mess......

Or actually BP's insurance carrier.........

which means we'll pay for it with higher insurance premiums eventually....since other carriers will insist on more costly safeguards.......

and the environmental damage and the loss of livelihood for the fisheries will be paid by BP.... and the lawsuit will drag on, the plaintiffs will be awarded a sum, it will be appealed, and after 20 years, the settlement will be reduced to a pittance....

Dicken's Bleak House....

Actually, there is a good chance BP won't pay very much at all, or will pay more in legal fees than to those adversely impacted by this mess.
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