Page 2 - Liability Limits News Today

Saying that. now, the president said today in his statement from the white house that they are going to obviously make sure that theres restitution, theyre also looking at liability caps and changing all of that. lets get the straight talk. i need the president of the united states and this administration and every committee member to step up and say, this is not going to be a situation of corporate welfare. this is not going to be a bailout to big oil. this is not going to be all of a sudden we...

Regulator in place, secretary solis, for not doing what they were supposed to do in the ensuing five years. we know their game. its important that the administration come down, that congress does the right thing and says no more on this. no liability limits. youre going to pay, youre going to pay for the cleaning up the spill. and youre going to pay those businesses that lost, lost their businesses or lost the big parts of their revenue because of this oil spill. >> the public seems to agree wit...

Damage? i mean, there are a lot of experts that are said that we are going to, you know, deal with this for the next decade. maybe even beyond. and which brings me to the point of question of no liability limits. $75 million is chump change. $10 billion is chump change. some in the congress have said thats an arbitrary number. why not have, and why not advocate for, unlimited liability and theyre just going to have to pay whatever the cost is? >> well, i think we have that in most areas of human...