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BP stock up. Quantative easing? Are the American public really paying for the oil spill?

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posted on Jul, 4 2010 @ 11:39 PM
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This is asking for your opinion. I'm not saying it's so. Seems like it is easy enough to compensate BP for loss of market share by buying back their market shares.

In other words what maybe happening is that BP pays 0 for the oil spill. The American public pay for it all. And some of them get to die.



posted on Jul, 5 2010 @ 12:32 AM
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The American public pay for it all. And some of them get to die.


wow, frighteningly succint.
unfortunately you make sense. nice post


[edit on 7/5/10 by CSquared288]



posted on Jul, 5 2010 @ 11:56 AM
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I wondered that too - why anyone in their right mind would put money into BP stock at this time when the company is bleeding billions and billions. There is so much going on behind the scenes in the financial realm that such a scenario would not surprise me. British pensions are heavilly invested in BP and so this would essentially be a "bailout" for these people.

We may never know. Or when we do, it will be too late. But I think BP may be quietly considered "too big to fail." A disgusting but plausible possibility.



 
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