Obama BP Meeting: Company Agrees To $20 Billion Escrow Account For Victims

Your reaction to $20 billion is like a kid's who's been handed the keys to the candy store. I hear stepped payments into a fund by a corporation that has lost $90 billion of its value in days and is trading in the sub-basement, & I question whether they'll exist to make a second payment into this fund beyond the initial $3.5 billion. I hear ""While the fund is building, BP's commitments will be assured by the setting aside of U.S. assets with a value of $20bn" and want to know which "U.S. assets", and how that might affect our continuing refusal to get off oil, and continuing risky offshore drilling.



BP's record was criminal before Macondo, yet Obama lets BP continue its other drilling operations which have caused great concern (Atlantis), and proceed with an even greater risky project ( http://alaskadispatch.com/dispatches/energy/5533-bp-plans-to-move-ahead-with-offshore-oil-drilling-in-arcticic ).



The deals that Obama has cut, what Obama & the DLC tend to believe is good for the People, has had corporations "popping champagne corks" before the ink has dried.



So, we'll see.

http://www.youtube.com/watch?v=Tbsx_vZTcNI
About Gulf Oil Spill
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