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They didn't buy -- they have an american branch. they didn't buy insurance. why didn't they buy insurance? the same federal government that made them drill where they never are drilled before said don't worry, there's a liability cap. it's i am i am permissible interferes. bp should be made to pay through the judicial system, not political shakedown. that's what it is the victim of. >> brian: the judicial system, as you know far better than i, can be sometimes be slow and people in the gulf cannot afford to wait. what's wrong with forcing expedienty. >> we have the rule of law and the same pre...

>> brian: they want to blow that up to $10 million. >> as you know, it's difficult to change the law retroactively when someone solvers a loss. they went into the it gulf knowing they wouldn't have to pay more than 75 million-dollar. it is a bad law, easy to say now. it's a bad law. nobody should have a safety net under them like that. the safety net should be the insurance carrier. >> brian: they're self insured like most oil companies. >> correct. they're self-insured because they have a liability cap. without that there would be a insurance carrier. >> brian: chevron, exxon, other firms dee...

This is what happens when you have a big target like bp and the government wants to gang up on it and doesn't respect the rules of law. >> brian: don't they deserve to be ganged up on? look what happened in the gulf. don't they deserve to be ganged up on? >> no. they deserve the protections the law gives them. i'm not an apologist for them. i'm harshly critical of the government that gave them a liability cap which they agreed to get rid of. they're entitled to the protection it of the rule of la. you can't extort $20 billion out of them. that's the rule of force, called extortion. they are en...

When there is a spill you can easily clean it up. then they are giving a liability cap of too big to fail. >> you are only liable for $75 million. if that is all i have to suffer. so the government chris the scenarios where businesses do something, something bad happens. they are going to be blamed for it.

Not worthy of compensation. >> clean young continues capturing 25,000 barrel as day, and the coast guard says 4 countries have come come forth with offers of equipment or resources and 68 offers came from foreign governments and of the government offers the u.s. deemed 35 acceptable and has formally accepted nine with a state department processing the acceptance of another 24 and accounting that leaves two acceptable offers on the table and the head of the response team dismissed claims that the law that keeps foreign flagged vessels three miles off the u.s. shores has damaged the clean up eff...