Thursday, June 10, 2010

BP BAILOUT? GOP Leader Says Taxpayers Should Help BP Pay For Oil Spill

Genius. Minority Leader Boehner says taxpayers should help BP foot the bill for cleaning up the Gulf.

I think the problem here for BP is that at least with the banks there was a good argument that the collapse of one or more major banks would cause a systemic and catastrophic shock to the real economy. Not seeing that with BP getting in money trouble.

--Josh Marshal

No comments: