Posted by: Green Knight | July 27, 2010

BP is unbelievable!

I get little headline snippets from MSNBC whenever I boot up. This afternoon, story #20

(only 20?) said that BP “plans to offset the entire cost” of the spill “against its tax bill,

reducing future contributions to U.S. tax coffers by almost $10 billion.” First, how to

write it off as a business expense? Then there’s tort liability, criminal negligence, and

regulatory violations for having an error-ridden emergency response plan. And now

they’re diversifying by breaking into comedy?


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