Explain to me what 'nationalizing' BP would do. [View All]

[gateley]

Would BP effectively be able to sail off into the sunset and say 'it's yours now, you deal with it'?

Would it absolve BP of financial responsibility?

How would it benefit us?

I ask because I hear many suggesting that's what we should do, and if it's a good idea, why haven't we done so? Please, no snarky political comments about being in BP's pocket, etc., -- I'm sincerely trying to understand this.

Thanks!