Government officials said late Wednesday night that oil might be leaking from a well in the Gulf of Mexico at a rate five times that suggested by initial estimates.
Original estimate: 42,000 gallons per day
New estimate: 210,000 gallons per day
If the spill continues on for two months that would be 12.6 million gallons.
Exxon Valdez? That was 10.8 million gallons.
Oh well, I’m sure Sarah Palin will head down there and help get that shit cleaned up.
Among the banks that rule Wall Street, Citigroup got a bailout that was bigger than the rest. Now the company is about to pay a king’s ransom for its federal rescue.
The Obama administration is making final preparations to sell its stake in the New York bank, according to industry and federal sources.
At today’s prices, the sale would net more than $8 billion, by far the largest profit returned from any firm that accepted bailout funds and the transaction would be the second-largest stock sale in history.
If only Obama would keep government out of the free market system and let capitalism thrive then we would not have to put up with this $8 billion profit for the citizens of the U.S.
Having someone on tee-vee that basically lays out the facts followed by someone on tee-vee that basically lies about everything is not “balanced coverage”.
Television journalism today is really pretty terrible.
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