OK - If you've thought that we're in deep shit with the oil spill, and that mainstream media wasn't giving us all the news, then look at what government is doing to block accurate reporting of the news.
In the news article:
http://www.nytimes.com/2010/06/10/us/10access.html?hp
the NY Times reports that various levels of government are blocking access by the media to view the spill zones. Yes, some media may be getting into "ground zero" to report the news. But other media is being denied "fly-over" access, as if Uncle Sam is helping BP with managing its spin.
What bothers me now is not BP declaring bankruptcy, but that the bankruptcy will be prepackaged. This means that BP will supply a one time funding of a trust to pay out oil spill related claims against the old BP, sever the link between the old and new BP, and preserve stockholder assets at the expense of the gulf coast inhabitants and businesses they have screwed. This is not right.
We must make sure that if BP declares bankruptcy, that all of its assets are liquidated, and the proceeds from the liquidation be dedicated solely to restoring the health of the gulf coast - as long as there is money in the liquidation fund. I don't know about other people, but this is one time I intend to write my congressman and senators about an issue....
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