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Obama's BP Lackey: ‘Not enough money in world’ to pay every spill claim

"There's not enough money in the world to pay every single small business that claims injury no matter where or when," Kenneth Feinberg told the House of Representatives Committee on Small Business. "You've got to decide in a principled way... and work out some definition in that regard," he said, while stating his determination to "pay every eligible claim." "I use that famous example of a restaurant in Boston that says, 'I can't get shrimp from Louisiana, and my menu suffers and my business is off.'" Well, no law is going to recognize that claim." In another example, Feinberg said the fund was not meant to pay out to all home owners whose properties had declined in value.

1 Comments in Response to

Comment by Die Daily
Entered on:

Um, there's not even enough money in the world to pay for all of the money in the world, let alone these claims.

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