Tuesday, June 01, 2010

What's this?

Why...why...it's almost if the market is punishing BP!

BP lost billions more in market value Tuesday as its shares fell steeply on the first trading day since the weekend failure of its latest bid to cap the massive Gulf of Mexico oil spill.
Billions more in market value. Quite possibly as much as, if not more than, the government would be extorting out of the rest of us via Thomas Friedman's "carbon tax." And, again, we haven't even gotten to the carbon tax's deleterious effects on the rest of the country. The way things are is not perfect, but I think it's far preferable to the way those want it who would use the government to influence Americans' behavior, as Friedman and his ilk do.