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Feingold's opponent owns about a quarter of a million dollars in BP stock

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Jayendra Sandeep Donating Member (19 posts) Send PM | Profile | Ignore Sat Jul-10-10 07:23 PM
Original message
Feingold's opponent owns about a quarter of a million dollars in BP stock
Edited on Sat Jul-10-10 07:25 PM by Jayendra Sandeep
7/10/2010

"GOP Senate candidate Ron Johnson reported Friday investments worth as much as $38 million, including stock in BP.

Dems immediately seized on the BP stock, valued at between $116,003 and $315,000, to criticize Johnson for comments he made on the petroleum giant at a debate last month.

Johnson said he believed BP must be held accountable. But he criticized the $20 billion fund set up to aid victims, saying the Obama administration should have gone through the normal legal process to extract the funds.

“It is very troubling when we circumvent the rule of law,” Johnson said. “I think they would have been held liable, and that would be the way to do this.”

Read more: http://www.wispolitics.com/index.iml?Article=202610
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The Wielding Truth Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-10-10 07:29 PM
Response to Original message
1. From the lies and inaction of BP,having them hold a pittance in escrow is not unreasonable.
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RandomThoughts Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-10-10 07:30 PM
Response to Original message
2. Rule of law? Are you joking?
What law are you talking about? That is ridiculous, there has not been enforcement on many in certain groups for years. What law? It was replaced by anarchy by people that think they can do what ever they want.

Rule of law? Where? People are not following law, regardless of what you think law is.

If you are talking about laws of USA, I think any one of us could list a whole lot of insider trading laws broken, and even laws against humanity broken.

If you are talking about laws by various religious group, pick a group and there are laws broken based on that group, many times even within the groups own laws.

And if you are talking about laws that are only as defined by ones own group, and apply to different people differently maybe that is the problem.



So answer this, why did people allow BP to coat the gulf with toxic chemicals?

Or

Why did people report they did that in the news if not true?

Either way laws are broken.

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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-10-10 07:45 PM
Response to Reply #2
3. Bush made Watchdogs into Lapdogs and the
All seeeing eye of scrutiny and regulation started winking 10 years ago.
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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-10-10 07:45 PM
Response to Reply #2
4. Bush made Watchdogs into Lapdogs and the
All seeeing eye of scrutiny and regulation started winking 10 years ago.
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girl gone mad Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-10-10 07:51 PM
Response to Original message
5. A Pro-Feingold post on DU?
I'm stunned!
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elehhhhna Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-10-10 07:52 PM
Response to Original message
6. It does not circumvent the rule of law to settle preliminary damages...
BP was not exACTLY HELD HOSTAGE AT THE wh. OOPS SORRY ABOUT THE CAPS. lol
Everything doesn't have to be decided in the courtroom.
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LiberalFighter Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jul-10-10 08:50 PM
Response to Original message
7. If they had gone through the process that Johnson describes...
would any and attempts to extract those funds been fruitless because of the 80 day time limit to file claims?
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