Tuesday, June 15, 2010

Who Will Pay For the Oil Spill

We will, You and I, the taxpayer and the consumer pay this bill.. This spill and the cleanup will first be paid by British Petroleum company. They will see this as a business expense. Business expenses get added onto the price of the product. The price of fuel goes up. If the Government cleans it up then we tax payers will foot the bill the real cost will be negotiated down by BP as well it should. After all how would you like to pay the cost of anything the government does in it's hap hazard way. OH, excuse me I forgot You do pay, every day.
Now they are talking about fining BP Billions of dollars. Hey that's cool! We know who will pay that. Yep us again. We the tax payer, we the consumer are the only ones that can pay for it. The government can't, they don't have money. Governments only have tax payers and taxpayers have money. Companies don't have money they have products that they sell to us for money. When they raise prices of oil to pay the clean up cost they will have money. All the other oil companies are looking at those big clean up costs and fines and saying our risk has greatly increased, raise prices. We Americans who are the investors in these oil companies in stocks and IRA accounts are taking a hit in stock values. I heard a lady on C-span say she hoped BP went broke. Now there is a happy thought with a big part of the country without jobs. This is the reason I am proposing a cheap way that works for nothing while we all sleep at night. Dust rolling up oil as it comes to the surface and as it spreads out on the water in a deadly sheen. Dust rolling into grease balls that will not kill marsh grass and will not kill shrimp and will not oil birds. Sun baked tar balls are the answer. I am posting this every where I can on the Internet and sending it to Congressmen and the president and every group I can find that is environmentally active. Please send a link to a friend.