Wednesday, June 16, 2010

Bachmann (R-Crazyville) Blasts 'Redistribution Of Wealth' Escrow Fund, Says BP Shouldn't Be 'Chumps'

TPM

Rep. Michele Bachmann (R-MN) is emerging as a fierce critic of the Obama administration's proposed escrow fund to handle damage claims against BP.

The Minnesota Independent reports that Bachmann spoke Tuesday to the Heritage Foundation, and badmouthed the idea. "The president just called for creating a fund that would be administered by outsiders, which would be more of a redistribution-of-wealth fund," said Bachmann. "And now it appears like we'll be looking at one more gateway for more government control, more money to government."

Also, David Weigel reports that Bachmann also said: "They have to lift the liability cap. But if I was the head of BP, I would let the signal get out there -- 'We're not going to be chumps, and we're not going to be fleeced.' And they shouldn't be. They shouldn't have to be fleeced and make chumps to have to pay for perpetual unemployment and all the rest -- they've got to be legitimate claims."

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