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On 5/1/10 6:56 PM, Louis Proyect wrote: > Barack Obama statement on April 2, 2010: > > I don’t agree with the notion that we shouldn’t do anything > and guess who get's to pay for it? """ WASHINGTON — The federal government has a large rainy day fund on hand to help mitigate the expanding damage on the Gulf Coast, generated by a tax on oil for use in cases like the Deepwater Horizon spill. [snip] Under the law that established the reserve, called the Oil Spill Liability Trust Fund, the operators of the offshore rig face no more than $75 million in liability for the damages that might be claimed by individuals, companies or the government, although they are responsible for the cost of containing and cleaning up the spill. full: http://www.nytimes.com/2010/05/02/us/02liability.html?hp """ Les ________________________________________________ Send list submissions to: [email protected] Set your options at: http://lists.econ.utah.edu/mailman/options/marxism/archive%40mail-archive.com
