Did I hear yesterday or earlier this week, that Congress is going to change the law on how much in damages a company must pay for a spill like this? After the Exxon Valdez spill it was a certain amount and how Congress wants that amount rised to $10b.
It also appeared that they expected this to be retroactive to this spill. How can you change a law after the fact and apply it to that party?
I guess that depends on how dearly they value that document that we refer to as the US Constitution. Evidence suggests that they don't value it much at all.
That is why I questioned the report. If true, that is my conclusion as well.
(AP) The White House is pushing to lift the limit on how much BP pays for the Gulf Coast oil spill.
Press Secretary Robert Gibbs said Tuesday the administration wants to work with Congress to change a law that caps at $75 million BP's liability for economic damages like lost wages or dwindling tourist dollars.
BP PLC is responsible for all cleanup costs under the Oil Pollution Act, but Gibbs said that other costs could easily top $75 million.
Democratic Sen. Robert Menendez is co-sponsoring a measure that would raise the liability limit to $10 billion.
Menendez also wants it to be made retroactive so it can apply to the huge spill that began after an oil rig exploded in the Gulf on April 20.
Gibbs said the administration supported Menendez's attempts to raise the limit retroactively.
White House: Lift Liability Cap for Gulf Spill - CBS News
Oh look, I didn't make it up. 0bama, the Constitutional law genius, wants to do just that. Impeach him! He is not standing up for the Constitution he is sworn to protect.