

(The Hill)- The “greed” of BP executives led directly to the oil spill in the Gulf of Mexico, Majority Leader Harry Reid (D-Nev.) charged Monday. Reid linked the oil spill to the mistakes of Wall Street during a floor speech on financial reform. “Wall Street isn’t the only place where a reckless pursuit of profits has proved destructive,” he said. “In the weeks since the Deepwater Horizon explosion, as much as 20 million gallons of oil have spewed into the Gulf of Mexico.” He continued: “Their greed led to 11 horrific and unnecessary deaths. It has harmed an enormous tourism industry, threatened business at countless fisheries and disrupted life for many along the Gulf Coast. As the pollution grows worse, those consequences will only compound.” “Interior Secretary Salazar and the President deserve credit for their continued efforts to clean up the previous administration’s efforts to put oil company profits before people,” he said. The profits from their “greed” went into Obama’s campaign coffers (he was the largest recipient of BP cash), the Obama administration then hailed the rig as an “industry model for safety,” so Harry, why don’t you rethink your statement and get back to us…. http://news.yahoo.com/s/ap/20100516/ap_on_bi_ge/us_gulf_oil_spill_inspections
http://weaselzippers.us/ Posted by ZIP on Monday, May 17, 2010, at 4:19 PM
http://weaselzippers.us/ Posted by ZIP on Monday, May 17, 2010, at 4:19 PM
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