Jerry Taylor discusses Criminal Charges for BP Execs

[jjrglobal]

Since when does a business have to justify its existence to a white hose administration, of course every business justifies its existence with the public through profits or losses, but I dont have to prove shit to Obama to start my business

[Chainedorlo]

We also should even take the opinions of lawyers, journalists, or academics who think they have perfect knowledge and the ability to have perfect outcomes(which means to them that they need to funnel as much money as possible into a bureaucracy, an institution where there can be competing ideas and interests and absolutely no way of having any feedback mechanism for an outcome's viability). The example on criminal investigation after the 08 financial market crash is also good to have in mind.

[Chainedorlo]

What I meant by my last sentence about Steve's implication about their investments to prevent such environmental disasters from occurring is that he is assuming that whatever the money they spent on preventing oil leaks as not achieved anything. I'd like to first mention that there is probably more than one problem that these pipes and other machines have that need attention. There is probably more than one way an oil spill can happen. We should wait until the story unfolds itself even further.

[Chainedorlo]

Are these people assuming perfection and absolutely no risk? Why are many of these journalists and environmental types having such strong opinions as to what should have been done beforehand? These people have absolutely no experience in the business that they assume they know so much about  and so that means they have no idea on the feasibility on certain investments in order to prevent such disasters from occurring. Is Steve Liesman implying that all of their investments went sour?

[ForTehNguyen]

Valdez is #34 on the top oil spills. This spill is no where near some of the worst oil spills in history

[hayesism]

@ForTehNguyen I'm not accusing you of lying or anything, but what's your source on that? Just curious about reading up on the other 33 myself.

[Thebboss]

Wow. That gentleman referenced the bloods and the crips. Grasping at straws exemplified.

[bajoverga]

Justify it's existence?!?  WTF

[truthadvocate]

Isn't this a failure of the entire television news anchor industry!? Spitting accusations toward an entire industry with the inevitable plea for more government regulation? No, just a couple meatheads.

Perhaps if we had private property & separation between government & the economy, those who's property was damaged could go after those individuals responsible. As things are now, there are no property owners because the waterways are public & individuals are shielded from risk by the government.

[MegF142857]

The BOP failing and until they know why, then this is scaring the entire industry drilling all over the world.

[bullpcp]

Just as long as BP is held ENTIRELY accountable for all cleanup and damages I can tolerate the situation, not like but tolerate. The anchors are falling for the blatant and ridiculous overgeneralization of the Corporations as if all of the competing corporations are somehow in collusion at all times. For people who make fun of conspiracy theories they seem incapable of seeing their own hypocrisy.

[032125]

Step 1: media talking heads blame the "industry", and keep repeating the idea

Step 2: demand heavy handed "reform"

Step 3: drive the "industry" to the brink of oblivion with bureaucratic strangulation

Step 4: "bail out" (read: nationalize) "the industry"

"You never let a serious crisis go to waste. And what I mean by that it's an opportunity to do things you think you could not do before" - Rahm Immanuel

[continuityofliberty]

Money Money Money!

All about Money!!!

I don't care how much it costs - fix the friggin' thing and clean it up!

It's BP's rig - they're responsible. If they want to go after Halliburton to recoup some losses on a faulty rig (due to cut corners) it's their business.

[soundmoneyfan]

the hot girl is very worried about Miami Beach

[Leavon]

Exactly, "Criminal Charges"? Unless someone has evidence that this explosion and the deaths can be linked to criminal activity there is no crime here.

[Slipknotyk06]

@Leavon - Criminal charges would be absolutely BS. This is an Obama-led witch hunt to make him look good to his environmentalist wacko supporters! Wrongful death lawsuits, are in order. Law suits to determine the extent of BP's liability are also in order. Civil cases against individual execs, questionable at best. Criminal chargers against the BP execs are morally reprehensible!!!!!!!!

[zoticus1]

@Slipknotyk06

intentional and malicious criminal negligence to save money?

That is a viable charge if it can be proven.

[Slipknotyk06]

@zoticus1 - And the Obama administration wanted to give this rig an award for safety? Let's see how far that argument goes.

I personally think the execs would be acquitted faster than OJ on that charge, because it cannot be proven.

[helltrackrider]

What criminal charges can be brought against anyone in this disaster?...i can easily understand civil charges...but criminal?...seriously.

[0cyris]

@helltrackrider If it can be shown there was a failure to follow engineering standards and practices such as not having an engineer sign off on every step that can be considered criminal activity.

[Thorbie]

@helltrackrider Exactly, it's all fun and games until people so stupid they forget why there's a tort system in the first place.

[jp3711nc1]

I think that Obama only cares about charging bp thats is why he isn't fixing the problem right away he wants this to go on and on so that we hate to drill oil and use coal for energy. He wants to control the industry like he did with Health Care and The economy tell me why is he taking his time with the black panther party who violated a law but he jumped on this like a rabbit.

[helltrackrider]

@jp3711nc1

All about the Cap and Tax Legislation...its all politics.

[Th3Wab3]

@jp3711nc1 please tell me you are just making stupid comments to irritate people who take the time to read comments... if these are your actual thoughts you are just another reason why people believe Americans are retards and Peter Griffin/ Homer Simpson is an accurate depiction of the average American male... just painfully stupid comments (and for the sake of remaining civil i am stating that the beliefs inferred through comments are stupid not the individual).

[continuityofliberty]

@jp3711nc1

Not many people are aware of this (had to go deep deep undercover and into the annals of history), but "BP" stands for Black Panther.

(sorry - couldn't resist)