Obama - the best way to KICK ASS is to SEIZE ASSETS! Take BP's Money, give it to

[grahamhgreen]

Gulf coast citizens in the form of starting a huge renewable fuels industry in the sun belt.

Done and Done.

Asses kicked, assets used for good instead of evil.

[CountAllVotes]

1. grab it all NOW Obama

before they file for bankruptcy!

:kick: & recommend.

[movonne]

2. That would probably start a military coup here ...big oil owns the

world and can buy a military coup..cheney would step up to take up the vacancy.

[sabrina 1]

3. Sounds good to me. Then the whole oil industry should be

nationalized. We went to two wars supposedly to protect our national security. If this is not a threat to national security I don't know what is. Yet, not a single action has ever been taken to protect us from the greed of the Oil Industry.

[Name removed]

4. Deleted message

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[rudy23]

5. He doesn't want to do this, so he has to pretend like he doesn't know whose ass to kick.

Sad.

[amborin]

6. big K&R

[JuniperLea]

7. We can't afford to bail out Big Oil!

That's what we do if we don't make sure they pay up! We will be left holding the bill... as per fucking usual!

[immune]

8. Where does BP stash their money?

Does anybody actually think they've got a checking account at BofA?

I'd like to see Obama to kick some serious federal reserve bank butt, to confiscate those funds and put THAT to some good use, like cleaning up the gulf, instead of allowing them to loan money back and forth to each other and protect their croneys, like BP, which is only a symptom and not the cause. Get to the root of it or you're just whistling dixie.

[grahamhgreen]

11. The first and easiest to grab is all of their oil leases in the USA, next

get all the personal property of the CEO's and board of directors - including their bank accounts and homes in the US. This will put them in a tizzy as they are trying to fight the process. And while were at it file criminally negligent homicide charges.

Next, any and all cash assets the company owns in the US.

Next all US assets.

Then start on their worldwide assets using RICO, terrorism laws and whatever else we got in our toolbox.

THAT would be kicking ass, saying you want to kick ass is not kicking ass at all.

[immune]

16. I agree that the words mean nothing

unless some serious ass kicking actually does follow the words, and PGDQ. I rather doubt, though, that whatever is done will qualify as the just punishment that is so richly deserved by so many. The blowup is one thing, the ongoing cover-up, OTOH, goes way beyond the justification of a simple ass kicking. And no amount of financial restitution, or even jail time can ever replace what's been destroyed by it.

What I'm saying is that without the corruption that a privately owned economy works on a society, the regulators wouldn't have been so easily bought off. Well, maybe not. To be honest, I'm a little short on faith in humankind at this point in time.

[Spoonman]

9. Yea, fuck the Constitution

Who needs the whole fifth amendment and "due process of law" bullshit anyway!:sarcasm:

[grahamhgreen]

13. Seizing assets has been adjucated as constitutional pending investigation of

criminal behavior, such as destroying the Gulf of Mexico and the surrounding economies.

[dem mba]

18. is this really a criminal act?

or a civil one?

[grahamhgreen]

22. Criminal - let a jury of 12 decide.

[CTyankee]

32. I'm no lawyer but don't you have to have "standing" to sue in federal court?

I hope they are sued but I just wonder how that can be done successfully...

Also, BP is a British corporation. I am hearing that the British government might get involved in some kind of action against BP...hope that's true...

[salguine]

27. Given the level of negligence involved, it is most definitely, absolutely criminal.

[AnArmyVeteran]

34. If this isn't criminal, what the hell is???

It's premeditated negligence and collusion and then an attempt to cover up the actual damage. If one of us caused this much harm to others and the environment we would be bankrupted and put in prison. So should BP...

[Spoonman]

19. Correct me if I'm wrong,

but that only applies to assets gained via a criminal activity, and seized under tax evasion statutes.

BP is publicly traded, and the stockholders are the asset holders. Thus afforded protection under the 5th amendment.

[XemaSab]

30. If they can take the car of a suspected drug dealer

why not seize all of BP's infrastructure for starters?

[AnArmyVeteran]

26. Our Coast Guard can seize all boats carrying drugs but not rigs flooding toxic oil?

[dipsydoodle]

10. OK so lets see

There are 18,793,782,851 shares with a current market value @ $6 / share of c. $112 billion.

Roughly 40% are US owned and in pension funds there so they are up for c. $50 billion. Assuming you don't want to deliberately want fuck most of your your pension funds we'll say they'll get the first $50 billion.

BP's total assets are $228 billion including goodwill etc but a lot of the assets are in Russia , China and other countries. So shall we assume you're also going to declare war on those countries in order to secure those assets ? You might need to because its unlikely that BP America has assets to the tune of $50 billion let alone $112 billion out of the total $228 billion.

Whereas - if allowed to run they'll continue to produce something along the line of their historic profits and as a result the money will then be there for restoration and damages.

btw - as I couldn't fuck about BP before the Gulf incident anyway you cannot fathom the immensity of the fuck I do not give about them now.

[grahamhgreen]

14. We put the entire criminal enterprise under receivership and run it for

everyone's benefit, using the proceeds to develop renewable fuels.

I'm sure China, Russia and everyone else would be happy to eat up this monstrous excuse for a business.

[dipsydoodle]

21. Be careful what you wish for.

.

[Ganja Ninja]

12. All well and good to take BP's money but ...

once you start taking away the money what do they use to pay for the relief wells and clean up?

I'm all for seizing their assets once this is over and the well is plugged but lets not cut off our nose to spite our face.

[grahamhgreen]

15. Leaving them in charge just means that we are waiting for them to have their next disaster.

receivership is the solution.

They have proven they are incapable of being responsible.

[grahamhgreen]

17. Who unrec's this? Why don't we make BP stand in the corner - that'll teach em!

[avaistheone1]

20. k&r

[CountAllVotes]

23. we must hurry ....

BP closed at $29.20 a share today. It was valued at ~$60.00 a share before the spill hit.

http://finance.yahoo.com/q?s=BP

:kick:

[Atticus]

24. I'm sorry, but you apparently haven't read the rules for discussing the BP "natural disaster".

Your suggestion is succinct, understandable and would likely actually work.

Please try again after gargling with bullshit and doing your obfuscation exercises.

[AnArmyVeteran]

25. I agree 100 percent. The Coast Guard seizes drug runners and all their possessions.

So why can't they seize every BP assets in the US and then force foreign governments to force BP to give up it's treasury. If they refuse we could tell them we will stop spending billions of dollars to defend them.

[Abq_Sarah]

28. You have to prove criminal negligence

Our government allowed BP to start drilling that particular well in February. MMS exercised oversight.

This was a catastrophic accident. I don't know if it could have been prevented by any means other than not drilling in deep water.

[AnArmyVeteran]

29. The US has lots of reasons to seize their assets.

BP falsified documents to allow them to drill. BP lied about their ability to drill at those depths. BP colluded with regulators, a conspiracy ( and it shows willful intent). BP lied about it's ability to contain any spills saying they could contain spills TEN times larger than the spill they caused. BP IGNORED several warnings PRIOR to the explosion that murdered 11 human beings. Then after the disaster they lied repeatedly about the amount of oil being released and the potential damage to the Gulf thereby possibly SLOWING down the cleanup process causing even further damage.

Add to that is LONG criminal record which surely be introduced in court where they murdered 15 human beings in Texas City and dozens of other criminal actions against human beings and the environment. He'll, I believe I could be the state's attorney and easily win this case.

BP acted with premeditation and only thought of their unending greed. They are ecoterrorists and the US should treat them just as they do any other terrorist. We need a war on corporate attacks against human beings and countries. There are no differences between Bin Laden and Tony Hayward, except that Osama Bin Laden has more principles than Hayward. Yes, I said that right. Al Qaeda is motivated by a distorted, evil sense of principles with no concern for material wealth. They are even driven enough by their convictions to die for them. Compare that to Tony Hayward and most oil executives. They are only driven by greed, one of the seven deadly sins. They are void of any principles. They worship their bottom lines and making fortunes. Al Qaeda couldn't care less about making a fortune. So who is the greater terrorist? A random suicide bomber or the ecoterrorist organization like BP and it's terrorist leader Tony Hayward?

I hope this helps. Have a great day!

[Rosa Luxemburg]

33. yes they are ecoterrorists!

[AnArmyVeteran]

31. There IS willful intent and criminal negligence

BP falsified documents to allow them to drill. BP lied about their ability to drill at those depths. BP colluded with regulators, a conspiracy ( and it shows willful intent). BP lied about it's ability to contain any spills saying they could contain spills TEN times larger than the spill they caused. BP IGNORED several warnings PRIOR to the explosion that murdered 11 human beings. Then after the disaster they lied repeatedly about the amount of oil being released and the potential damage to the Gulf thereby SLOWING down the cleanup process causing even further damage.

Add to that is LONG criminal record which will surely be introduced in court where they murdered 15 human beings in Texas City and dozens of other criminal actions against human beings and the environment. Hell, I believe I could be the state's attorney and easily win this case.

BP acted with premeditation and only thought of their unending greed. They are ecoterrorists and the US should treat them just as they do any other terrorist. We need a war on corporate attacks against human beings and countries. There are no differences between Bin Laden and Tony Hayward, except that Osama Bin Laden has more principles than Hayward. Yes, I said that right. Al Qaeda is motivated by a distorted, evil sense of principles with no concern for material wealth. They are even driven enough by their convictions to die for them. Compare that to Tony Hayward and most oil executives. They are only driven by greed, one of the seven deadly sins. They are void of any principles. They worship their bottom lines and making fortunes. Al Qaeda couldn't care less about making a fortune. So who is the greater terrorist? A random suicide bomber or the ecoterrorist organization like BP and it's terrorist leader Tony Hayward?

[grahamhgreen]

35. Very well said!