Oil Spill
President Obama and the American people are very angry. They are watching more or less helpless as one of the most important and interesting Eco systems is damaged and part destroyed by events unfolding under the sea which should not be taking place and should never have happened. There are rumours of corners being cut and regulations ignored, even bribes.
At the centre of the storm is a flagship British company which offers as an excuse for this calamity the unique and untried nature of the strategies in action to cap the oil leak. Nobody has ever had to do this is such deep water. The Americans do not think this is good enough. If BP drills this deep, it should know what to do. Clearly it does not and is learning on the job. Meanwhile there unfolds an oil Chernobyl.
Looming on the horizon is the matter of dividend payments to shareholders. Pension funds are getting jumpy. They should not. If they ran their funds properly, they would have no more than 5% of assets in any one share. Moreover if they valued those assets on a yield, not market basis, they would have enough cushion to cope.
The plain fact of the matter is this. In a modern world various issues vie with each other for primacy of treatment, but among them the environment stands proud above all others. Companies engaged in activities which contain inherent environmental risk are vulnerable to unforeseen consequences and both their directors and their shareholders know this. In a market which could value by measure rather than greed, the price would allow for this.
There is no way B.P can pay dividends whilst this crisis unfolds. When it has shown that it is able to bring the disaster under control and is willing to pay the vast costs and compensation without haggling and quickly, it can resume the dividend stream. Not before. This will be another salutary lesson for the City, which has shown in the last two years that it has much to learn. It is also a lesson for the American people. If they used less energy, it would not be necessary to drill this deep in the first place.
With all the doggone snow we have had as of late I am stuck inside , fortunately there is the internet, thanks for giving me something to do. 🙂
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Interesting , how do I use this?
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Hey mate, thanks for posting but this page doesn’t format correctly in Netscape it is is overlapping.
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Hey I was just viewing your website on my Blackberry and I was thinking about how good it will work on the new ipad coming out . Fleeting thought…. Anyway thanks!
Strange this post is totaly unrelated to what I was searching google for, but it was listed on the first page. I guess your doing something right if Google likes you enough to put you on the first page of a non related search. 🙂
Merci!
I couldn’t resist commenting. 🙂
Thanks for the advice. Will put it to work. Tom
Thanks!
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Strange this post is totaly unrelated to what I was searching google for, but it was listed on the first page. I guess your doing something right if Google likes you enough to put you on the first page of a non related search. 🙂
Thank you for the advice. I’ve found your first point to be most effective.
Just checking out your page on my new Samsung Phone , and I wanted to see if it would allow me comment or if it was going to me go to a desktop to do that. Ill check back later to see if it worked.
Interesting, I wonder what the statistics are on your first point there…
These tips are so true
¡Gracias!
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Thanks!
Hey man I just wanted to say thanks for taking the time to create something worth my time to read. I am all over the net and I see so much pointless content that is just created for the sake of putting something new on their site . It takes devotion to create good stuff, thanks for caring.
That was intriguing . I like your quality that you put into your work. Please do move forward with more like this.
These tips are so true
Interesting , how do I make use of this?
¡Gracias!
Merci!
Just looking at your article on my brand new Drioid , and I wanted to check if it would allow me comment or if it made me go to a pc to do that. Ill check back later to see if it worked.
Here’s a comment. Great advice =) Thanks
Hey esto es un gran poste. ¿Puedo utilizar una porción en ella en mi sitio? Por supuesto ligaría a su sitio así que la gente podría leer el artículo completo si ella quiso a. Agradece cualquier manera.
Just looking at your article on my new Blackberry , and I wanted to see if it would let me reply or if it was going to me go to a desktop to do that. Ill check back later to see if it worked.
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Good read … headline catchy … good points, some of which I have learned along the way as well (humility, grace, layoff the controversial stuff). Will share with my colleagues at work as we begin blogging from a corporate perspective. Thanks!
Hey man I just wanted to say thanks for taking the time to write something worth my time to read. I am all over the net and I see so much useless junk that is just created for the sake of putting something fresh on their page. It takes devotion to make good stuff, thanks for caring.
Thank you for the advice. I’ve found your first point to be most effective.
Just killing some in between class time on Digg and I found your article . Not normally what I prefer to learn about, but it was absolutely worth my time. Thanks.