Sunday, June 20, 2010

Michele Bachmann criticized by wild-eyed liberal!

How out of touch are supporters of Michele Bachmann?

Michele Bachmann spent much of last week trying to defend BP and criticizing the escrow set up by BP to begin paying damage claims to victims of the oil spill caused by BP. Bachmann called the escrow account "extortion" and worried about BP being "fleeced." In doing so, Bachmann--and her supporters--ignored some basic commonsense realities. Namely, BP is largely dependent on the goodwill of the gulf states in order to operate in the Gulf of Mexico. If BP only did what it was legally required to do when it was required to do it, then it might spend a little less money. Then again, it might find itself unwelcome in Texas, Louisiana, Alabama and Florida.

Drawing out the claims process for twenty years the way Exxon did in the case of the Exxon Valdez is not really an option here. As bad as the Exxon Valdez disaster was, it was one bay in the sparsely populated state of Alaska. BP has released a lot more oil off the coasts of much more populous states, affecting the lives of millions of Americans. Waiting twenty years to pay claims wasn't going to fly in this situation.

For Michele Bachmann and her supporters to whine about BP being fleeced when the company itself is eagerly looking for ways to repair its public image is more than silly. It shows them to be completely out of touch with the reality of the situation. BP and its executives are facing possible criminal prosecution and their stock is bleeding to death. BP's management has decided that it is in the company's best interest to start paying damage claims as the damage occurs and can be documented. For Bachmann and her supporters to insert themselves between BP and the millions of ordinary Americans who are losing their livelihoods due to BP's negligence is just mind-boggling.

How out of touch are Michele Bachmann and her supporters? Watch her interview with Bill O'Reilly--that wild-eyed liberal takes Bachmann to task for her ridiculous position on this issue.

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