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Pelosi Demands BP Not Pay Stockholders

From a cheering Politico:

Nancy Pelosi calls halt on BP dividends to stockholders

By: Jake Sherman
June 11, 2010

House Speaker Nancy Pelosi, in her sharpest rebuke yet of the oil industry, said Friday that BP should not make dividend payments to stockholders until those affected by the oil spill in the Gulf of Mexico are made “whole.”

“I’m saying that they should not be paying dividends until they make these people whole and make a better effort to do it in a timely fashion,” Pelosi told reporters. “These people are coming to us and saying ‘I have to take out a loan,’ . . . . which I can ill-afford to repay because BP is not, you know, is not paying. BP has the money, it made $17 billion last year. They went up, what, 12 points on the stock market yesterday?” …

“I thought dividends were something you paid because you made such and such a profit, I didn’t know it was something you paid off before you took care of your expenses,” she said.

Pelosi’s hard line on BP wasn’t limited to dividend payments. She said company officials were not truthful when they told the federal government BP had the technology to drill at extreme depths in the Gulf of Mexico.

“BP stated that they had the technology to drill deep, that they had the technology to prevent a blowout and that they had the technology to clean up, and none of these things happened to be a fact,” she said

We wonder if Ms. Pelosi has ever had an accident in her non-union hotel or her non-union vineyard? Or has she ever made an error in her brilliant career as a politician?

Still, isn’t it nice that she considers herself both the judge and jury in a matter about which she surely knows absolutely nothing?

This article was posted by Steve Gilbert on Friday, June 11th, 2010. Comments are currently closed.

11 Responses to “Pelosi Demands BP Not Pay Stockholders”

  1. JohnMG

    Would it be too much to ask that the next time she goes for her botox injections, they pump some of it into her tonsils and shut this insufferable twit up?!

  2. GetBackJack

    I demand Pelosi quit flying around the world in our 737 like she owns it, and quit eating our food and drinking our liquor.

    This ain’t Rome, Biatch.

  3. proreason

    The witch is already dead. And she knows it.

    I hope she stays in Congress and that Boehner and others rub her nose in her powerlessness every chance they get.

    She is clearly the most awful woman to ever live in this country.

    At least the Hildabeast is smart. They are both pure evil, but the witch is especially maddening because she probably isn’t smart enough to run an ice cream stand by herself.

    She went to “Trinity college in Wahington DC”, which in the early 60’s was a rich-girl college (not even a University) with an enrollment of a couple of thousand. She majored in Political Science. So basically, she extended her high school carreer for another 4 years on daddy’s dime.

    It appears she has never had a job in her life. She’s a career politician who moved up in SF politics because her husband is a millionaire.

    What a contemptable cretin she is. The blood curdles when she comes in sight.

    • GetBackJack

      On a limb here, but worth considering if only for the breath-taking terror of such a thing …. if Obama is found to be a Usurper and illegally holding office the election will have been null and void for the first time in our History.

      Prevailing opinion is that the Obama/Biden ticket will be vacated and an interim President steps up in succession.

      Nancy Pelosi.

      Yes, yes I know. Everyone tells me it isn’t possible, isn’t going to happen, etc etc. But … I see signs someone is making moves on Obama and his legitimacy – little stirrings out there such as you see in ther sky and wind before you can actually see a storm.

      snip – Such as Tim Adams (WND) – a senior elections clerk for the city and county of Honolulu in 2008 is making the stunning claim Barack Obama was definitely not born in Hawaii as the White House maintains, and that a long-form, hospital-generated birth certificate for Obama does not even exist in the Aloha State. – snip

      These things do not show up in the propaganda psyop channels (otherwise known as the MSM) until and unless used as part of a Plan.

      So … we think it’s bad now … what if Pelosi is the incumbent come 2012?

    • Right of the People

      Jack,

      One way around it is to wait until after November and if things go right the Speaker will be a republican, problem solved.

    • Steve

      Pelosi is from a very corrupt family who basically destroyed Baltimore with their Democrat machine politics.

      Thomas D’Alesandro, Jr. – Wikipedia, the free encyclopedia
      http://en.wikipedia.org/wiki/T.....sandro,_Jr.

      CITIES: The Little World of Tommy – TIME
      http://www.time.com/time/magaz.....26,00.html

      That was her education.

  4. Astravogel

    So… how much BP stock does the old bat own?

    Democratica Delinda Est!

  5. take_no_prisoners

    Maybe Nancy Pelosi should suspend payment to Congress and the Senate until after they fix the Medicare Payment problem permanently! They’ve suspended payments to medicare providers for the third time this year. They keep passing temporary fixes for a month or two. It makes it impossible to do any sort of capital budget planning. Just saying if delaying payment of dividends until the entity takes care of people it owes is the standard congress ought to do the same with their salaries (and benefits)!

  6. Rick Caird

    Look, this cry for a suspension of the BP dividend is nothing more than look tough politics. BP is a British corporation. All this political screaming at BP is now creating pushback from the Brits. This is just another in a line of “diss the Brits” foreign policy.

    Neither this administration nor Pelosi can force a British Corporation to suspend is dividend. In addition, BP is a major holding, not only with British pension funds, but also US funds. This is all “sound and fury, signifying nothing”, except the idiocy of the Democratic politicians.

  7. Liberals Demise

    I’d love for a house to fall on her head.

    She wouldn’t say such things if “SHE” had a portfolio of BP shares.

    • Rusty Shackleford

      Oh, but she would. With the DNC to cover her losses and to hide any trail of her ownings of BP.


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