So I was reading some news sites and came across the fact that BP is only financially liable for $75 million dollars in the Gulf Oil Spill. That’s fucking ludicrous! Now Transocean, the company that owned the shitty oil rig is only liable for $65 million! Why are they only liable for this little amount you ask? Well, it’s really Congress’ fault.
Congress created a federal law that limits the liability that companies have to pay when they fuck up. This law was obviously created to help keep their financial butt buddies happy and in turn help them win elections. Congress sucks! This law is completely asinine and the Gulf issue is proof of how it definitely doesn’t work in favor of the rest of the world (i.e. those not in the Washington/Corporate bukake ring).
This law is evil and incredibly lame. Creating some sort of artificial liability limit is like pulling a random magic number out of a magic hat. What does such a number even mean? Creating these limits protects companies like BP (British Petroleum) and Transocean from financial accountability, after severely fucking up stuff. What is $75 million dollars to a company like BP? The equivalent to them is like me buying a large cup at Dippin’ Dots. They might as well be careless and practice risky business when all that they are liable for is a slap on the wrist and a bit of bad press that no one will care about because obviously, no one is boycotting BP at the moment. However every Mexican in America and every liberal idiot is boycotting Arizona: priorities people.
Laws like this encourage companies to do things half assed while taking too many huge risks in the name of mass profit. When a company is making billions (if not trillions), why are they only liable for $75 million? Where did this number come from? $75 million is a joke!
In an effort to be objective, BP did say that they will not only pay the $75 million but that they will also pay for the damages on all “legitimate claims”. However, what the fuck does that even mean? “Legitimate claims”, check the verbiage, are not claims that they must pay as decreed by a court of law. No, they are “legitimate claims” that the company itself reviews and decides what they are willing to pay for. How is that even right? The offenders are reviewing and deciding on how to pay back for their own offenses! So, how long before rapists and murderers give themselves their own trials? The law needs to step in here. Unfortunately though, BP, after paying it’s $75 million, is financially untouchable all while they are still making billions.
If liability was not limited, companies like BP would be a hell of a lot more careful. They would take more precautions and implement better safety measures for their industries. What is their incentive to do so now? If BP were forced to pay for the huge costs that are accruing rapidly, they’d be handling this much better. Instead, they have practically given up and handed the search for a solution over to the people. That’s right! BP now has a hotline for people to call in ideas on how to stop the oil spill and ideas on cleanup! They have no idea how to do it themselves. Them! The experts!
I thought oil guys were super-genius heroes. Bruce Willis and Ben Affleck were oil dudes when they flew into space and blew up a giant asteroid! If they can pull that off with celebrity oil drillers, certainly they can fix this mess.
So now Congress will just make us pay for it by taxing the shit out of us per usual, all while they try and push even harder now for alternative energy sources. Maybe this was all done by design because the assholes have been forcing green down our throats ever since Al Gore dusted off his hippie pants and got a hard-on for trees. Woohoo! More subsidies to uneconomic programs! I can’t wait for all the special commissions and new agencies that I’m going to pay for! Big Government wins again!