11 June 2010

Worse Than a Bail-out

John Boehner (R-OH) said US taxpayers should help BP pay for cleaning-up BP's oil leak in the Gulf of Mexico.  Eventually, he took-back his comment but the bell can't be unrung.  Presumably, Boehner and the rest of the usually highly regimented Republicans want to bail-out BP.

I thought we weren't doing bail-outs anymore.  They caused such a stir last time I thought we swore off.  Now we find the Republicans were just kidding.   Big rich BP, a company which earns $20 billion dollars a year, BP Bailout? , is facing a cost of about one years's profits to clean-up the mess it's made. 

Is that too much to ask? 

Apparently, the Republicans, ever-faithful defenders of capitalist profits, think it is.  They didn't mind when GM, a major employer of everyday Americans, was facing liquidation.  "Let it fail" they screamed.  Apparently, jobs for Americans mean nothing to the Republicans but profits for foreign capitalists are a different thing.  Even if the profits are just a bump in the road, profits for capitalists are sacred to Republicans.

This is despicable.  It's an outrage approaching treason.

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