Monday, June 14, 2010

Let's make BP pay up. Or else.

If British Petroleum's (BP) heart is in the right place, shareholders will be denied dividends for a long, long time. Instead, the dividends will be poured into a fund to clean up the Gulf of Mexico and the surrounding wetlands. And to compensate people and busineesses hurt by the gigantic and devastating oil spill. There's talk of requiring BP to create a $20 billion escrow fund. And even that may not be enough. But at least, it'd be a good start. It's time that greedy capitalists and their idiotic and destructive ventures be brought to task. To be made to pay for damages. Totally. Completely. Even if that puts some of 'em out of business. --Jim Broede

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