View Full Version : Obama Should BP be responsible for lost wages due to Obama mandate to stop driilling?
06-10-2010, 11:31 AM
Ok, when all the BP stuff started Obama mandated that all drilling be stopped. Several workers are losing money and jobs because of this mandate. The Obama Admin. is wanting BP to pay for these lost wages even though it was he who ordered all the other rigs to stop drilling. Do you think they should or is that something Obama has to take account for?
06-10-2010, 12:44 PM
Obama has already fixed that with the very extend unemployment benefits.
BP doesn't have work for them. They go collect unemployment for 2.5 years.
06-10-2010, 02:21 PM
Fuck no. It's unprecedented and not the fault of BP that Obama had a knee-jerk reaction that will cost thousands of people their jobs...
06-10-2010, 02:46 PM
If Obama keeps demonizing BP for his failings on the coastal issues they should tell him to go to hell. This is certainly not BP's issue. Obama put them put of work, not BP.
06-10-2010, 02:51 PM
Careful....Obama still might be looking for an ass to kick.
06-10-2010, 03:03 PM
**** no. It's unprecedented and not the fault of BP that Obama had a knee-jerk reaction that will create or save thousands of people their jobs...
06-10-2010, 08:47 PM
MmHmmm...put down the crack pipe son.
06-11-2010, 01:36 AM
"Obama is the least qualified man in any room he walks into ..."
An ex post facto law (from the Latin for "from after the action") or retroactive law, is a law that retroactively changes the legal consequences (or status) of actions committed or relationships that existed prior to the enactment of the law. In reference to criminal law, it may criminalize actions that were legal when committed; or it may aggravate a crime by bringing it into a more severe category than it was in at the time it was committed;
The Constitution of the United States, Article I, Section 9, paragraph 3 provides that: "No Bill of Attainder or ex post facto Law will be passed."
Ex post facto laws are expressly forbidden by the United States Constitution.
Source: Everywhere, anywhere.
It is called a bill of attainder, and it is prohibited by Article 1 of the Constitution.
Who said Obama was a lawyer? They lied.
Now let's all break bread, eat some grass and go back to our caves. :shake:
06-11-2010, 02:15 AM
Obama does not have any allies -- Enemies -- Yes. Allies -- No.
BP oil spill: British business tells Obama to stop bullying BP
One of Britain's leading businessmen has attacked President Barack Obama for his "prejudicial" approach to BP, as the oil giant began its fight back back against America's hostile treatment.
John Napier, the chairman of insurer RSA, has written to Mr Obama urging him to stop his relentless criticism of BP following the Gulf of Mexico oil spill.
US anger has contributed to a 45pc drop in the company’s share price since the accident on April 20, which killed 11 men and triggered a disastrous leak. The US authorities may issue an injunction to stop BP paying a dividend, and analysts fear it could be barred from government contracts or even have its assets seized.
BP is understood to be preparing to take a tougher line against US politicians, sending Carl-Henric Svanberg, its chairman, to take on a more active role behind the scenes in America. Mr Obama has requested a meeting with Mr Svanberg on Wednesday, the President’s first meeting with BP officials since the accident happened in April.
Tony Hayward, chief executive, will return to the UK next week, after being lambasted by Mr Obama over tactless comments about the spill.
Shareholders, analysts and business leaders rallied around BP last night, as the National Association of Pension Funds estimated that around £12bn of British pension money is invested in the oil firm.
George Luckraft, manager of a £1.7bn fund for Axa, said Mr Obama’s threats were “ridiculous”, adding that he should not be interfering with a private company’s dividend. “We’re holding our BP stake and are going to sweat it out,” he said.
Fred Lucas, an analyst at JP Morgan, said: “We would like the British government to raise a diplomatic red flag regarding the sanctity of UK incorporated entities. Such political interference is an issue that has profound implications for all industries, not just the oil industry.”
JUNE 11, 2010
BP oil spill: Dudley to become face of US response as Svanberg focuses on politics
Tony Hayward, chief executive of BP, is set to return to the UK after next week’s Congressional hearings in Washington, as the embattled oil company prepares to open up a fresh political front in its battle over the Gulf of Mexico oil spill.
The company is to adopt a new choreography to its oil spill response with Carl-Henric Svanberg, BP’s chairman, expected to lead the company’s political fight to maintain control over its destiny, including key decisions such as the dividend and the level and type of claims it believes are reasonable for it to pay.
Bob Dudley, BP’s managing director and an American from Mississippi, will be in day-to-day control of BP’s Gulf of Mexico response which has been organised into a separate business unit. Mr Hayward, who has been leading BP’s oil spill response in the US for the past 40 days, will return to a more orthodox chief executive’s role at the company’s London headquarters, travelling back to the US on a regular basis.
But Mr Svanberg is understood to believe that President Obama crossed the line recently when he said Mr Hayward would have been sacked if he had been working for his White House administration.
Last night the US Justice Department said it would be examining the possibility of issuing an injunction to stop BP paying a dividend, a move that BP believes has huge implications for all companies operating in the US, in particular foreign companies.
The company is also understood to view as “illogical” claims by Ken Salazar, US interior secretary, that BP should pay the salaries of other oil company workers laid off by America’s moratorium on deep water drilling.
BP has been engulfed in a political storm ahead of America’s mid-term elections in November as its clean up and containment operations in the Gulf of Mexico have been overshadowed by President Obama’s struggle for an improvement in his ratings.
A key message that Mr Svanberg will try and communicate to the White House is the damage its aggressive rhetoric is doing to America’s own domestic interests. BP has lost more than 40pc of its value but is 35pc owned by US shareholders. The company is America’s biggest domestic oil and gas producer and employs thousands of Americans across its operations.
Read the article: http://www.telegraph.co.uk/finance/businesslatestnews/7819324/BP-oil-spill-British-business-tells-Obama-to-stop-bullying-BP.html
Cue in the British government
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