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Started By
Message
10 Billion$ cap
Posted on 5/6/10 at 10:34 pm
Posted on 5/6/10 at 10:34 pm
This would be a death nail for all of the independents in the gulf.
4
Posted on 5/6/10 at 10:36 pm to GREENHEAD22
wasn't enough bullshite on the site for you already hun? 
Posted on 5/6/10 at 10:40 pm to ibldpg
Let me restate it as a question then.
Posted on 5/6/10 at 10:47 pm to GREENHEAD22
Are you asking if they should raise it from the current 75 million?
Posted on 5/6/10 at 10:53 pm to tgrgrd00
I think it should be raised some but if it went to 10B wouldnt that kill all the privates like FreeportMcmoran
Posted on 5/7/10 at 12:39 am to GREENHEAD22
Hell yea it would kill them, only the majors would be able to survive in that kind of liability environment.
Anyone care to guesstimate how many that would put out of work? Everything these assholes in Washington try to do is self destructive and will only make our country poorer.
Anyone care to guesstimate how many that would put out of work? Everything these assholes in Washington try to do is self destructive and will only make our country poorer.
Posted on 5/7/10 at 9:00 am to TJG210
So Harry Stamper wouldnt be able to stay in Buisness??
Posted on 5/7/10 at 9:10 am to GREENHEAD22
LINK
just for future ref
just for future ref
Posted on 5/7/10 at 10:35 am to GREENHEAD22
quote:
death nail
death knell. knell is pronounced like BELL. the e does not have two sounds, its not a dipthong, like you may pronounce nail, nayel.
KNELL means, ringing the bell at the church when a person dies.
---
and why do you say that it would kill small companies?
its not automatic that companies will mess up, is it?
Posted on 5/7/10 at 11:02 am to ottothewise
quote:
and why do you say that it would kill small companies?
Ok....you have a small company who may be worth less than $10 Billion.......you're essentially telling them if an accident should occur they would be out of business. Or if you can buy insurance against such an occurence the price of that could be so high that it wouldn't make production monetarily feasible.
Posted on 5/7/10 at 11:33 am to TJG210
If you do not have the economic capacity to mitigate potential adverse effects of your actions, you should buy insurance. If the cost of that insurance is prohibitive, then you should think twice (or maybe more) about the wisdom of partaking in those activities. If those actions have the capacity to catastrophically affect the country as a whole (via national defense, the economy or ecology, etc.) than the Fed. Govt. has a RESPONSIBILLITY to regulate your actions.
This post was edited on 5/7/10 at 11:35 am
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