Oh... BP

Looks like Obama’s thirst for blood has been quenched. BP has just decided to suspend its dividend payments to its shareholders for most, if not all of this year. This news comes in light of the equally interesting fact that BP has agreed to put aside $20 billion to cover the costs of the damages claims from people living in the Gulf. This money will be distributed over the next 3 ½ years. Even though none of this is what BP wanted, it’s what Obama, who has already promised the American people scapegoats… oops, "punishment to those at fault,” had been asking for. Keep in mind BP takes in $30 billion a year, before dealing with anything else. And with the fines that BP faces for the spill (which at $1,000/barrel could equal up to $60 million/day) and the debt they already carried before the spill took place, questions about the life of BP are surfacing. Thoughts?