Sunday, June 20, 2010

Feinberg Explains Claims Process on Meet the Process

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David Gregory was very excited this morning, like he was on some kind of energy drink or something.
He flitted from person to person trying to find his answer. The truth about the oil spill is that, like everything else, politics has gotten in the way of truth. Gregory can't get the answer he's looking for because no one is willing to tell state the facts because everyone has politics to think of. So truth can never be found.
Mary Landrieu has it about right when she said Obama's cabinet people were there from day one, Obama wasn't on the scene, but he was involved.
Politics took over soon after that because Obama didn't move to the scene fast enough to have his photo taken there.
The biggest irony of the oil spill is that republicans always say that business does everything better and yet this is a clear example that business doesn't do everything better. A company's job is to what's best for its shareholders, and the majority of companies still aren't on board with the philosophy that doing what's best for the environment and society is doing what's best for its shareholders.
Gregory also showed a quote from an interview of Tony Hayward in the Times of London in May that Hayward expects a lot of illegitimate claims because it's America:
“This is America — come on,” the well-tailored head of London-based BP, formerly known as British Petroleum, told the Times of London. “We’re going to have lots of illegitimate claims. We all know that.”
Hayward is right that there will be plenty of illegitimate claims, but Hayward didn't use much tact in saying it in a derogatory manner.
We all know that people who have no rights to the BP claim money will try to take money from others who are deserving because they have hired lawyers to get their share. Compared to Britain, Americans like to sue, which drives up costs of everything for all of us.
Another thing that's nutty is the endless pursuit of trying to come up with the number of gallons of oil that is flowing into the ocean. One gallon is too much. After that, it doesn't matter. A lot of oil is flowing into the ocean. We'll pay more consequences than we know.
See all of Meet the Press here.