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Give Till It Hurts
Republican members of Congress, including Michelle Bachmann of Minnesota and Joe Barton of Texas, as well as GOP Chairman Michael Steele, have been sharply critical of the plan for a multi-billion dollar escrow account. The fund is to be used to compensate residents of the Gulf Coast for their loses due to the massive oil spill from BP’s Deepwater Horizon rig. Representative Bachmann called the plan a, “redistribution of wealth fund,” while Rep. Barton apologized to BP CEO Tony Hayward and called the establishment of the fund a “tragedy.”
“It’s just typical of the Democrats to demonize big business,” said telethon organizer Connie Lammle. “By making BP and its shareholders pay the victims of the oil spill, aren’t we making BP and its shareholders victims, also? Isn’t it enough they have to cancel their dividend this quarter? Why should shrimpers, fishermen and small business owners get all the help? We think BP deserves some compensation, too.”
