British Petroleum, Class War, Control the Information, Disenfranchised, Escrow Account, Gulf Coast, Macondo Well, Oil Spill, Tony Hayward

BP’s gonna be okay…coastal residents? Umm, not so much, not yet

The Associated Press reports British Petroleum will survive the oil spill in the Gulf of Mexico: Cleanup, government fines, lawsuits, legal fees and damage claims will likely exceed the $40 billion that BP has publicly estimated, according to an Associated Press analysis. But they’ll be far below the highest estimates made over the summer by legal experts and prominent Wall Street banks, such as Goldman … Continue reading BP’s gonna be okay…coastal residents? Umm, not so much, not yet

Drake ToulouseDecember 30, 2010December 30, 20102 Comments

Barack Obama, British Petroleum, Class War, Coast Guard, Control the Information, Escrow Account, Gulf Coast, Ken Feinberg, Macondo Well, New Orleans, Oil Spill, Supression of Science

Who do you trust?

Who do you trust? Who do you believe? Who’s looking out for you and who is not? Such are the questions in the Gulf Coast, about the claims process and the safety of Gulf seafood. In the federal version, the seafood is fine, the FDA is doing their testing and everything is coming up aces while Feinberg is doing his best as a neutral arbitrator … Continue reading Who do you trust?

Drake ToulouseDecember 29, 2010December 29, 20101 Comment

British Petroleum, but what a charmer, Democracy, Disenfranchised, Gulf Coast, Macondo Well, Oil Spill

“Tremendous” oil spill!

So, when you saw footage of the Deepwater Horizon explosion or the oil blasting out of the Macondo Well, what did you think about it? The New York Times described it this way: “Dazed and battered survivors, half-naked and dripping in highly combustible gas, crawled inch by inch in pitch darkness, willing themselves to the lifeboat deck. . . . Crew members, certain they were … Continue reading “Tremendous” oil spill!

Drake ToulouseDecember 28, 20101 Comment

And now a word from our sponsors, British Petroleum, Control the Information, Democracy, Gulf Coast, Oil Spill

And now a word from our sponsors…Gulf Coast Recovery Petition Version

And now, a word from our sponsors… Soilent Green – Antioxidant The hidden subtext? Obviously… The money BP pays for their violation of the clean water act should be used specifically for the region whose water is now unclean…sign the petition. Have a nice day. Continue reading And now a word from our sponsors…Gulf Coast Recovery Petition Version

Drake ToulouseDecember 27, 2010December 27, 2010Leave a comment

Bobby Jindal, Control the Information, David Vitter, Disenfranchised, Escrow Account, Gulf Coast, Housing, Ken Feinberg, Mental Illness, New Orleans, New Orleans Saints, NFL, NHL, Oil Spill, Police, Ray Mabus, TSA

Christmas List…

1. Repeat Super Bowl Championship for the New Orleans Saints. 2. Tie Ken Feinberg to the left upright of the goalpost and Bob Dudley to the right so even if Garret Hartley bounces one during said Super Bowl, I still get a sense of satisfaction. 3. Bobby Jindal marooned, stranded on one of his sand berms with David Vitter, the Skipper and Gilligan. 4. Save … Continue reading Christmas List…

Drake ToulouseDecember 25, 2010December 25, 20101 Comment

British Petroleum, Control the Information, Disenfranchised, Escrow Account, Gulf Coast, Ken Feinberg, Oil Spill

It’s the Transparency, Stupid…

Clearly defined rules. It isn’t that difficult, or at least it shouldn’t be. In any process where a determination is made, where a judgment will be proffered, clearly defined rules not only protect the claimant, they protect the arbitrator. Rules let people know where they stand, what they need to do, what damage they need to show and upon showing said damage, they then have … Continue reading It’s the Transparency, Stupid…

Drake ToulouseDecember 23, 2010December 23, 2010Leave a comment

British Petroleum, Class War, Escrow Account, Gulf Coast, Ken Feinberg, Oil Spill

GCCF Follies from the Times-Picayune…

Two interesting articles about the operations from the Gulf Coast Claims Facility in the Times Picayune yesterday, discussing some of the problems many of the fishermen have been having in their attempts to receive compensations from the fund, and some of Feinberg’s responses to these problems. Some highlights: On the plight of Elmer Rogers, a shrimper who has been waiting for compensation since August: “If … Continue reading GCCF Follies from the Times-Picayune…

Drake ToulouseDecember 22, 2010December 22, 2010Leave a comment

British Petroleum, but what a charmer, Coast Guard, Disenfranchised, Escrow Account, Gulf Coast, Ken Feinberg, Oil Spill

USF, Coast Guard and Feinberg…Who You Wanna Believe?

When it comes to long term damage to the Gulf of Mexico from BP’s oil spill, the University of South Florida, the Coast Guard and even Ken Feinberg have offered their expert and not so expert opinions. The University of South Florida, in a recent study found layers of residue up to several centimeters thick in spots that span across several thousand miles of the … Continue reading USF, Coast Guard and Feinberg…Who You Wanna Believe?

Drake ToulouseDecember 21, 2010December 21, 20101 Comment

British Petroleum, Class War, Disenfranchised, Escrow Account, Ken Feinberg, Oil Spill

Gulf Coast Attorneys General Warn Against Feinberg’s Quick Settlement Option

Louisiana Attorney General, Buddy Caldwell, in conjunction with the Attorneys General’s of Mississippi, Florida and Alabama have warned that Feinberg’s third option may not be the best move for everybody. “Claimants considering making a quick final payment claim should also evaluate whether their total damages exceed the set amount offered…even if an unforeseen event such as a future hurricane causes more oil from the spill … Continue reading Gulf Coast Attorneys General Warn Against Feinberg’s Quick Settlement Option

Drake ToulouseDecember 20, 2010December 20, 20102 Comments

British Petroleum, Control the Information, Escrow Account, Gulf Coast, Ken Feinberg, Oil Spill

BP, Feinberg and $4 Billion Dollars

As a result of the Federal lawsuit against British Petroleum for violations of the Clean Water Act and Oil Pollution Act, estimates are the resulting fine for British Petroleum could be between $5 and $20 billion dollars, depending primarily upon whether BP is found grossly negligent in the explosion of the Deepwater Horizon. Though these numbers have been written about for months, according to an … Continue reading BP, Feinberg and $4 Billion Dollars

Drake ToulouseDecember 18, 2010December 18, 20105 Comments