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Visit BK Lim's column >>

BK LIM

Disasters know no boundaries; saving Mother Earth is our collective responsibility.
Articles Posted: 105  Links Seeded: 412
Member Since: 7/2010  Last Seen: 5/16/2012

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BP recovery money fuels Gulf spending spree - US news - Environment - msnbc.com

Seeded on Mon Apr 11, 2011 7:03 PM EDT
Read ArticleArticle Source: msnbc.com
environment, bp-oil-spill, profitable-disaster, clean-up-costs
Seeded by BK Lim
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http://bklim.newsvine.com/_news/2010/11/09/5438040-has-the-post-disaster-recovery-program-become-a-profitable-scam-part-iiic-of-root-causes

As we have seen in many cases, disasters can be highly profitable for those who know in advance or "privileged few in the know" (PFitK). This is very clear from the pattern of massive selling by BP's directors and Goldman Sachs before the advent of an impending disaster. See A pattern of massive shares sell-off by BP directors prior to expected disasters.

Though hard to believe, there are many who would profit without hesitation upon the miseries of others. A mega-disaster like the BP's Oil Spill is one of those. Sometimes it is hard to say if a prescribed cure is supposed to make you feel better or improve the bottom line of the one prescribing it. Time will always tell, as it is revealing in the case of the BP Gulf Oil disaster.

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Published to:

  • BK Lim's Column, All of Newsvine
  • Groups: Disaster!, Earth News, Phoenix Gulf Group, Writers
  • Regions: none
  • Public Discussion (6)
BK Lim

Yea, it was an "drink all you can" party (same as how BP got MMS officials to party). We are now "blood brothers" in crime. You no tell, BP no tell. It works all the time.

  • 2 votes
Reply#1 - Mon Apr 11, 2011 7:18 PM EDT
bore-head007

LOL, This things been posted about five times today. Three imes by msnbc!

I've commented on a couple of 'em.

  • 2 votes
#1.1 - Mon Apr 11, 2011 8:16 PM EDT
BK Lim

Sorry BH. Y'know time is short. I just click. I will look thru' your column first next time.

  • 2 votes
#1.2 - Mon Apr 11, 2011 8:22 PM EDT
bore-head007

Oh No B! I didn;t seed it, and was not critisizing, my brother, BK Lim!

You do what you need to do! I'll walk through the fires of Hell with you.

Really though,eh? The corruption just keeps spreading, as the victims keep getting porked.

  • 3 votes
#1.3 - Mon Apr 11, 2011 8:37 PM EDT
BK Lim

BH, I like the "Walking with you part" but the "through the fires of Hell" sure sounds scary. Thanks.

  • 1 vote
#1.4 - Mon Apr 11, 2011 9:26 PM EDT
Reply
psychoelectrician

along with the career politicians writing checks the tax payers are tired of cashing,

it's the people who think they're worth a fortune for the few years of drunken dorm and spring break parties (4, 6 or 8 years) while they don't want to put a respectable value on the efforts of those who they expect to be their customers.

  • 1 vote
Reply#2 - Mon Apr 11, 2011 11:32 PM EDT
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