6.17.2010

$20 billion is not enough

BP "pledges" $20 billion to the Gulf Coast. I don't think $20,000,000,000 is nearly enough. I don't think any amount of money can fix what has been done.

"The $20 billion, in line with a typical one-year profit for BP, "is not a cap" on what BP ultimately may have to spend, Obama said. "The people of the Gulf have my commitment that BP will meet its obligations." -USA Today

In addition to the $20B being shelled out to the fishing and tourism outlets, BP is delivering $100 million to it's riggers that are out of work since the Deepwater Horizon's explosion and subsequent sinking. However, this money goes far beyond the oil riggers on that platform.
"The $100 million is for workers laid off because of the six-month moratorium on
new deep-water drilling that Obama imposed after the April 20 oil rig explosion
that caused the spill."
-USA Today

Atleast BP has answered the call to not pay out anymore dividends to it's shareholders for the remainder of this year.

Keep in mind as you view the posted map (click to enlarge), as stated in the legend, "A stranding is defined as a dead or debilitated animal that washes ashore or is found in the water." You see everyone of those blue dots? The green dots? Imagine taking your family on vacation and witnessing deceased dolphins, turtles, among thousands of birds washing up, coming to a rest in a slick of oil.

CNN had an article detailing the loss of life in the Gulf shores and how the remaining wildlife would be heading away from the area to search for more suitable conditions. For some reason that article has been removed, but a side article explaining how a recently discovered species could be wiped out is still available. I can only speak on this topic in short bits before getting emotional. Back with more at a later date.

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