Oil Spill Video

Jump to Last Post 1-1 of 1 discussions (4 posts)
  1. MikeNV profile image77
    MikeNVposted 8 years ago


    The video pretty much speaks for itself.

    "BP is already committed to but not ultimately restricted to a $20 billion fund for clean-up and other costs stemming from the largest offshore oil spill in U.S. history. Its costs to date have topped $3 billion and are rising steeply."

    BP's Profit 1st Quarter 2010

    "Net cash provided by operating activities for the first quarter was $7.7 billion, compared with $5.6 billion a year ago."

    Source:  http://www.bp.com/extendedgenericarticl … Id=7061409

    Think about that.  $3 Billion is only 6 weeks profit!  And the entire $20 Billion Fund is LESS than what they made in profit last year!

    You can and should draw your own conclusions.  To me this entire spill is not about anything more than BP continuing to try and make more profit... capture the oil to resell and tbey could care less about the Damage to the Entire Gulf Coast for decades into the future.  Every single state that touches the Gulf now has oil washing up on it's shores.

    Remember this when you vote.  Odumbo has done nothing but let BP do whatever they want to protect their profits.

    1. Strophios profile image60
      Strophiosposted 8 years agoin reply to this

      Are you surprised by this? It's what corporations do, and it's why so many dislike them. It's also why government regulation is a good thing.

      1. MikeNV profile image77
        MikeNVposted 8 years agoin reply to this

        I'm very aware of their motives and intentions.  Not surprising to me at all.

        And they ARE REGULATED.  Care to explain how those regulations play into this mess?

        And I'm incorporated.  Corporations are not Evil.  What is Evil is the people who are pulling the Strings in the Federal Government and BP.

        A Corporation is nothing more than a business entity.  While there are some asset protection issues most Corporations exist solely to comply with Tax issues.

        What people don't understand about Corporations is they are not designed to pay taxes.  They are designed to distribute earnings to shareholders.  If corporations sit on earnings they end up being DOUBLE TAXED most of the time.

        So the Corporation is not to blame.. it's not a person, it's merely an business entity.

        1. Strophios profile image60
          Strophiosposted 8 years agoin reply to this

          Very poorly. This is a prime example of government dropping the ball, I'm well aware of that.


This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: https://hubpages.com/privacy-policy#gdpr

Show Details
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is a cloud services platform that we used to host our service. (Privacy Policy)
CloudflareThis is a cloud CDN service that we use to efficiently deliver files required for our service to operate such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)