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did. 11 individuals lost their lives in addition who lost their lives in 2005. the idea of putting a moratorium on deep sea drilling, 33 rigs out of a total of 1500 rigs, i think it s a really necessary step in terms of getting a handle on safety precautions and bp has done this to themselves. this is not the government stepping in and causing bp major disaster or aurissues. this is bp engaging in negligent acts. i m disagree they ll go bankrupt. they ve been gouging us the past years and they have 5 billion in reserves to pay for this. it s a ten year litigation process, and the bill will not come due all at once. brenda: tobin, they have plenty of cash, whether gouging or not, but if bp goes underwater will taxpayers have to bail it out. now, they would. let s look at recent history. remember, the obama administration went into chrysler, took the equity

Deep seaSafety precautionsLitigation process5 billionBrenda buttnerPresident obamaTobin smith