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September 17th, 2012 
FAKE NEWS for the Zionist agenda
That is a colossal sum, and it could affect the very viability of the company;
and you should not imagine that such a fine would be cost-free for the UK as
a whole. A lot of our pension funds have traditionally invested in BP
shares, and if BP shares go down then that is bad news for UK pensioners and
a tremendous thwack on the mazzard for UK plc. According to the oil company,
such a fine would be wildly disproportionate to the damage inflicted. The BP
honchos claim that things are much better on the coast of Louisiana, that
sea water and microbes have done a good job in breaking down the oil (which
is, after all, a naturally occurring substance), and that tourism and other
trades are recovering.
That may or may not be true — it’s what you would expect them to say, after
all; and there are plenty of environmentalists who say the opposite, and
that the impacts are even worse and more persistent than predicted. The
trouble is that there is no independent and impartial way of settling the
matter. We have a wildly unpopular British company in the grip of the
American authorities; and in the British business world there is an
increasing feeling of injustice.
There are several reasons why the Brits feel bruised. The first is that if a
British firm falls foul of the American system, the suffering never seems to
end: there are state agencies, state governments, federal agencies and
federal courts that can all step forward to give them a kicking and a
mulcting. Imagine if the Mayor of London could fine foreign banks for bad
behaviour. The idea has some attractions, on the face of it — think of all
the cash we could put into infrastructure, or fighting illiteracy. Alas, it
is only too easy to imagine how a populist and irresponsible Left-wing Mayor
could whack — say — Goldman Sachs with some colossal penalty, regardless of
the damage to London as a place to do business.
That is more or less what is happening in America, where elected officials are
using the moment to burnish their CVs by bashing corporations — and
especially British corporations. British business folk believe it is no
coincidence that the BP fine is being proposed now, as Mr Obama comes up for
re-election; and they remember how he stressed that the guilty company was
“BRITISH Petroleum,” when in reality it has not been so called for many
years.
There are some who think that BP is paying the price, in America, for having
had the temerity to buy Amoco in 1998. There are some who think that British
companies are generally seen as fair game. “They go for us in a way that
they never seem to go for the Chinese,” one business leader believes. And
then there is the scale of the fines: hundreds of millions for Standard
Chartered, for doing deals with Iran; £3 billion for GlaxoSmithKline, for
falling foul of the US Food and Drug Administration; and now the whopping
fine for BP.
And yet when American firms are found guilty of some kind of corporate
malfeasance — one thinks of Google’s shameless use of private data, storing
details and cookies when they had promised users to protect them — the UK
penalties are comparatively footling. None of this is to deny the essential
culpability of these British corporations. BP got it utterly and tragically
wrong (though so, to be fair, did the contractors Transocean and
Halliburton). The company should certainly pay a price: the question is how
much, and who sets it, and why, and whether there is any real fairness and
balance and reciprocity involved. And the answers to all those questions are
as lost in the murk as an innocent creature in a subaquatic geyser of oil.
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