GOVEROTRAGEOUS: BP is little people!

http://www.dailymail.co.uk/news/article-1287222/BP-oil-spill-British-pensioners-pick-BP-compensation-fund.html#ixzz0r4dekJ00  

Bullied into a £13bn cave-in: Obama forces BP to set up huge compensation fund for U.S. oil spill victims – and British pensioners will pick up the bill

By DAVID GARDNER

Last updated at 1:57 AM on 17th June 2010

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The news sent BP shares plunging to a 14-year low of £3.37, and is a major blow for Britain’s pension funds, which rely on BP’s dividend income to provide £1 in every £6 they receive each year

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BP has cancelled the first-quarter payment that was due on June 21. Mr Svanberg said the second and third quarter dividends would be suspended – a major blow for Britain’s pension funds.

The move will also hit American investors. While 40 per cent of BP’s major shareholders are in Britain, Americans have a 39 per cent stake in the multi-national company.

BP also reportedly has twice as many American as British employees.

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You have to laugh at the economic illiteracy of the liberals, the Administration, and the left-leaning media. Who did they think owned BP? Like the boycotts of BP gas stations, only the little guy who operates the station gets hurt.

Argh!

Like the GM bond holders, the BP stockholders are going to get screwed by the Socialist in the White House!

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GOVEROTRAGEOUS: Fannie-Freddie Fix — nuke them!

http://www.bloomberg.com/apps/news?pid=20601109&sid=an_hcY9YaJas&pos=10

Fannie-Freddie Fix at $160 Billion With $1 Trillion Worst Case
By Lorraine Woellert and John Gittelsohn

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Fannie and Freddie, now 80 percent owned by U.S. taxpayers, already have drawn $145 billion from an unlimited line of government credit granted to ensure that home buyers can get loans while the private housing-finance industry is moribund. That surpasses the amount spent on rescues of American International Group Inc., General Motors Co. or Citigroup Inc., which have begun repaying their debts.

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You have to be kidding me. When will we cut our losses on this disaster?

Surly even the politicians can see what a disaster this is. And, who are the other 20%? Politically connected friends? Argh!

Repaying. Yeah, this article repeats the “big lie” about repayment.

Got to buy some more gold and silver. It the shumer hits the fan, we’re screwed.

We’ll be the golden horde in the camps.

What will it take to bring on the revolution?

Can it be avoided?

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GOVEROTRAGEOUS: Automatic DUI check for all accidents?

http://www.suntimes.com/2354708,thanksgiving-day-crash-charges-dropped-060410.article

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Prosecutors made two attempts to prove that Ardelean did. After the two-vehicle fatal crash Nov. 22 in Roscoe Village, Ardelean was charged with misdemeanor DUI — later upgraded to a felony. But those charges were dismissed when Cook County Judge Don Panarese ruled there was “no indication” Ardelean, who was off-duty at the time, was drunk. Prosecutors reinstated charges after saying they had a lengthy surveillance videotape showing Ardelean drinking five shots and other drinks at a North Side bar shortly before the crash.

Prosecutors also suggested in pretrial hearings that police the night of the crash turned a blind eye to Ardelean’s intoxication. Among other things, he wasn’t arrested or given a Breathalyzer until seven hours after the crash. But Gainer ruled in April that the supervising officer who ultimately made the arrest didn’t have strong enough evidence to do so. Gainer’s ruling also suppressed key blood-alcohol evidence.

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You’d think that ANY police involved accident would have an immediate blood test. Or, they are fired! Caesar’s wife must be above reproach. Ditto for ANY politician or bureaucrat!

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