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  • BP Hauls in $7.7 Billion in Profits, Gulf Fishermen Haul in Shrimp with No Eyes

    socialismartnature:

    Capitalism sucks. In a sane world, the private property rights of the BP executives and shareholders would be immediately rendered null and void, and all of BP’s profits would be seized and used to fund income compensation and healthcare costs of Gulf Coast residents, as well as full and total ecological clean-up efforts for the region’s plant and wildlife. 

    ===

    Oil giant BP, the company behind the Deepwater Horizon oil spill, reported profits of $7.7 billion for the last quarter of 2011. Company executives and industry analysts sounded bullish about the company’s future in a recent New York Times article, saying they had set aside enough money to compensate victims of the Gulf spill and had plans to expand drilling operations in the Gulf.

    BP seems to be recovering nicely after the disaster, which killed 11 people and pumped 170 million gallons of oil into the Gulf of Mexico. But stories from the Gulf suggest that the region is anything but healed.

    The Gulf has been plagued with a suite of unexplained afflictions. Gulf fishermen say this is the worst season they can remember, with catches down 80 percent or more. Shrimp boats come home nearly empty, hauling in deformed, discolored shrimp, even shrimp without eyes. Tar balls and dead dolphins still wash up on beaches. Scientists report huge tar mats below the sand, “like vanilla swirl ice cream.”

    Posted on February 24, 2012 via Socialism Art Nature with 10 notes

    Source: socialismartnature

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      Oil giant BP, the company behind the Deepwater Horizon oil spill, reported profits of $7.7 billion for the last quarter...
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