B. Kidd
Diamond Member
Let's see....don't forget to add to this debt the fallout from the oil spill, cause no way in hell can BP pay for it.
Example of fallout: Waterfront properties on the GOM that have been already affected by the oil spill are almost 60 per cent appraised less than before the oil spill. Talk about being underwater on a mortgage!
60,000 oil rig workers outta work due to the 6 month moritorium on deep and shallow water drilling combined with the ripple effect on GOM state businesses.
So, more bailouts, more debt, no end in sight.
P.S...I would have rather bailed out fellow Americans's in the Gulf states than corporate biznesses too big to fail!
Example of fallout: Waterfront properties on the GOM that have been already affected by the oil spill are almost 60 per cent appraised less than before the oil spill. Talk about being underwater on a mortgage!
60,000 oil rig workers outta work due to the 6 month moritorium on deep and shallow water drilling combined with the ripple effect on GOM state businesses.
So, more bailouts, more debt, no end in sight.
P.S...I would have rather bailed out fellow Americans's in the Gulf states than corporate biznesses too big to fail!