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Whether this disaster or something else. it never registered. maybe there's not a market for it. >> when you look at 9/11, as tragic as it was and everyone came together, in the end, the president asked the american people -- i remember this -- to go shopping. spend money. he didn't ask us to work on a bipartisan basis. >> neil: i'm not interested in 9/11. i'm interested in taking a crisis like this and whatever the merits you have for agreeing for a green energy agenda, won't americans say here you go again, taking something like this and taking advantage of it? >> i think the american people...

Wages were cut 15%. unemployment went up. we didn't are rioting in the streets. why? it was evil companies that had to keep budget balanced because they don't have a mystical power called taxation to keep open. they had to face the reality and we paid the piper. lots of us that run companies cut budget and -- i didn't have to cut with my employees but a lot of businesses we counsel with cut pay across the board. it's the same math. a 5% cut is a cut but the difference is if you're a spoiled freakin' brat and it's the government or in corporationses where reality it reality. >> the state contro...

>> neil: as i've been doing this show, talking about implications of going after bp, i get emails like this, cavuto, quit being in bp's pocket. you must own a lot of their shares, you're a oil suck up. a sycophant. you look like a capitalist pig. this from o'reilly. i get this a lot. i don't own bp shares or oil company shares. the fact of the matter is i'm looking at the bigger picture beyond when we klein clean this up. i believe we will an that bp there step up to the plate. i'm saying, having covered a number of companies pushed to the brink, after filing chapter 11 it's up to us.

Attacking bp is not going to help anything. they have already put $7 billion aside. yes, we do need more. but this is a voluntary placement in escrow of money. no judge has determined their liability. we're assuming they're liable but wait a minute, that's not what our constitution says. our constitution says they have the right to go to court and put up a defense. >> neil: but the congressman raised a good point. in the valdez incident there were years of legal arguments and a lot of folks got paid pennies on the dollar even when it was ruled it was exxon's responsibility. my point is they're...

No, that's not how it works. you have to have some sort of legal determination of negligence. >> neil: what about the legal -- when an entity says it's our screwup and we'll pay. they've admitted guilt. >> wait a minute. admitting guilt and accepting to pay, what are they paying? the extent? who are they paying? how are the claims going to be validated? it's fine they're accepting responsibility and i think that frankly that's positive of them as a corporation. but i think we need some sort of independent federal or judicial tribunal to decide what the victims are owed, who the valid claim hol...