Thursday, June 26, 2008

Big Oil corporate royalist win again

This bullshit has got to stop!

Oil spill ruling leaves Alaska victims stunned
By RACHEL D'ORO, Associated Press Writer Thu Jun 26, 4:42 AM ET
ANCHORAGE, Alaska - Mike Lytle, a third-generation fisherman from the coastal village of Cordova, said many residents there were walking around stunned, shaking their heads.

A lot of people he knows were planning their retirements with the $2.5 billion in punitive damages that Exxon Mobil Corp. was expected to pay the nearly 33,000 victims of the worst oil spill in U.S. history.

But the Supreme Court dashed their hopes Wednesday, deciding to cut the punitive damages for the 1989 Exxon Valdez disaster to $507.5 million. That translates to an average of $15,000 per victim. . . .

Wednesday's decision to reduce the amount to one equal to about four days worth of Exxon Mobil's last quarter profits was hailed by the business community and decried by environmentalists and Alaskans.

These are people whose livlihoods were destroyed by this corporate caused evironmental disaster.

Four days worth of profits is all they have to pay for one of the most horrific environmental disasters of the 20th Century.

I always cringe no mater what side I'm on when a higher court overturns the verdict of a people's jury, but this one is really hard to take knowing how many people will be devastated by this gross miscarriage of justice.

I'm so tired of corporate America getting every break in this country.

Get these mother fucking corporate judges OFF my Supreme Court!

1 comment:

The County said...

it sickens me sometimes, but that's how it rolls here in the US of A. lobbyists, a nod & a wink, money changes hands, CEOs become politicians, etc. i hasten the day when the bullshit stops.