Tuesday, June 15, 2010

Reid wants Escrow Account From BP. Who Is Going To Run It?

Harry Reid is proposing that BP put $20,000,000,000 in an escrow account. http://politifi.com/news/Reid-backs-BP-escrow-fund-805881.html
If legal, who would run the escrow account? The government? That's laughable because the money would be good as stolen. BP? A little better since it is their money and they are responsible for the crisis, along with the other companies that operated the drilling rig. But I wouldn't trust them to make timely payments and make things hard for people to file for claims.
So, who oversee the fund. I don't know of a specific person, but whoever it is has to be one of the most ethical people on earth and is impartial. It's a job that even God would find difficult.
So, no government, no BP but yes to a very ethical person.

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