Papantonio: the Truth About BP’s Escrow Fund

BP has finally managed to successfully seal the oil well at the bottom of the Gulf of Mexico. Over the next few days, we’ll find out if their new cap is working or not. At the same time, the company is shopping around for buyers across the globe to help raise money to pay the thousands of claims they are facing from Gulf residents. Mike Papantonio appears on MSNBC’s The Ed Show to talk about these issues, as well as other late developments in the BP oil spill disaster.

11 Responses to Papantonio: the Truth About BP’s Escrow Fund
  1. Colleen
    July 17, 2010 | 2:29 am

    Mike…you look nice in shades! WhooHoo! You’re a nice sight for sore eyes! Now down to business—

    So what if this leak has been capped? The damage is done and there’s NO quarantee that more won’t follow. Like Mike says everyday it seems, another new reason to hate and mistrust BP comes out. Wow…BP helped free the Lockerbie bomber so they could cut a deal for Libyan oil….no more needs to be said. But these thugs behind bars…now!!!

  2. NR
    July 17, 2010 | 2:40 am

    Since Mike’s goal is to see a perp walk made by the BP execs in orange jump suits, I would just wonder if there really is any accountability? I don’t think corporations have taken perp walks since either the fall of Lincoln Savings and Loan or Enron. However, even if the current BP execs take a perp walk to jail, then how will that really help contain and cap the spill permanently? Who can really takeover, manage, and lead such an embattled oil company? At least Obama is aware that the capping of that well may not be permanent, even though he usually talks big about reform, but falls short on delivery most of the time. It’s kind of like how Obama is like the president from the movie “Idiocracy” as George W. Bush was Larry the Cable Guy from the Blue Collar Comedy Tour – Bill Maher called Bush “president Larry the Cable Guy” in his “But, I’m not wrong” show.

    All in all, we need a lot more quality in corporations and gov’t, and a lot less quantity if there is not enough. Isn’t now the time to restore a 90% corporate tax? I haven’t really heard Obama talk about whether he was going to implement that if he decides to discontinue the Bush tax cuts after this year. I did e-mail him about whether he was going to implement a 90% corporate tax, but I don’t think I got an e-mail back from him (unless it fell into my spam folder at some point). Ironically, he seems less responsive to the e-mails I sent him than when I sent e-mails to Bush urging him to end the war in Iraq (which his secretaries responded, like White House PR).

  3. Colleen
    July 17, 2010 | 2:59 am

    NR,
    Obama would never tax the corporations 90%…this isn’t Ike we’re talking about here. I don’t even know if he will discontinue the Bush tax cuts for Christ’s sake. Probably not. Obama is Bush lite.

  4. NR
    July 17, 2010 | 3:13 am

    Well, Colleen, if change really does take time, Obama sure is running out of it, particularly given his drop in his approval rating recently.

  5. Mara
    July 17, 2010 | 3:20 am

    Whoa! It’s Mike!!! In Shades, No Less!!!!

    I Look forward to watching this very soon!!!!

  6. Colleen
    July 17, 2010 | 3:36 am

    NR,
    You’ve got that right.

  7. davidperi
    July 17, 2010 | 5:36 am

    What about the BP..Libya..the Libyian Lockerbye bomber…off-shore drilling off the coast of Libya..the U.K. denials…perhaps a new investigation by the U.S. into this…BP´s story continues.

  8. Mara
    July 17, 2010 | 6:21 pm

    I have to come back to this, to give some serious analysis of what was said.

    For now, all I can think about is how cuuuuute Mike looks in those shades!!!!

    I couldn’t help but wonder if he was roasting in that jacket, though, this being Florida, in the middle of the summer!!!!

    He didn’t Look like he was hot, though……of course, it depends on how that term is used. I’m using it in this sentence to mean someone who is baking in the heat of the Florida sun, sweltering under a nice looking jacket.

    But Mike looked cool-as-a-cucumber And as Handsome as a Hollywood star in those shades! Mike, you Might need less Glamorous looking shades!!!! You Need to Connect W/the People, Remember!!!

    (Only kidding. Mike looks Adorable AND Committed to Helping the People – which he IS)!!!!

    Okay, enough, now, I think. I need to get over myself and hunker down and reflect on Mike’s *words* not how he looks!
    I get so silly sometimes, that I’m absolutely annoyed w/myself, and I’m sure lots others are, too! But, there IS a serious side to me, and I will be back!

  9. Mara
    July 17, 2010 | 6:55 pm

    Mike looks really strong and ethical and successful, which is all of what he – and his law firm – Is. If I had him on my side, in a fight, I’d be pretty happy.

    In this horrible Disaster, at least major law firms, like Mike’s, are banding together to take on BP’s wretched excesses and horrible crimes.

    The Gulf Coast residents have RFK Jr. on their side, too, which is Wonderful!!!!

  10. Colleen
    July 17, 2010 | 8:25 pm

    Mara wrote:

    “He didn’t Look like he was hot, though……of course, it depends on how that term is used. I’m using it in this sentence to mean someone who is baking in the heat of the Florida sun, sweltering under a nice looking jacket.”

    I liked that one! But he does look hot in those shades! LOL!

  11. Mara
    July 17, 2010 | 11:02 pm

    Colleen,

    On your Last sentence, we can AGREE 100%!!!!!

    Mike is so attractive, both for his inner qualities and external ones. If he didn’t have the first, the 2nd wouldn’t matter, but the first are illustrated in the 2nd, I think. A person’s face can tell a lot about who they are. Mike is not just handsome. He has so much character to his face, so much strength and goodness. Oh, well, I better stop now, for Now, at any rate. :)