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The thing or divert it to the ships. either way, it s good news as far as i m concerned because they re polluting north america here, and i would like it to stop. okay. thank you so much. great to have you on. before we go, let s take a look, by the way, at bp s executive ceo tony hayward. here he wrote in a memo to his employees last week. this accident has been a terrible exception to that safety record trend, and we must learn the lessons from it. but at the same time it does not invalidate the hard work you ve put in to improve our safety standards around the world. is that an accurate statement about the bp safety record? i just don t think it is, chris. bp has had a continuous chain of either minor issues or catastrophic issues like the texas city refinery just a few years ago, and this technology that they are using sub seen now to drill is the same technology all the other deepwater rigs are use. it concerns me we don t have the ....
All the other deepwater rigs are use. it concerns me we don t have the technology to mitigate if something goes wrong. and that s the biggest problem. great to have an expert on, a man with great passion on the subject. thank you, bob cavnar. coming up, the democrats get the votes thigh need. but is financial regular tough enough to stop another crisis like we had at the end of 2008? that s the big question. we ll deal with the problems of fannie mae and we ll deal with the problem of people buying houses they can t afford and creating toxic assets when they re securitized. those are the big problems that got us into the mess. let s see if we re fixing them. you re watching hardball only on msnbc. here, kitty. here, kitty. ....
Be it would cost too much. that was b.p. s argument about all the shortcuts it appears to have taken, transocean as well on this very rig. sometimes things mhappen to cos money. that s a good idea. you need to step back, take a breather, look at the whole system and see if it s all right. frankly the responsibility lies with the corporation. this to me is no different than blaming the white house for the wall street mess. these companies have responsibilities. they should step up to them. yes? b.p. will have to step up to its responsibilities but so should the federal government and in terms of 9/11, neil s point about, well, it took three days, this is about a six month moratorium. they have already done a lot of inspection of those rigs to see if they re gonna have the problems that b.p. had. if they don t have that same kind of problem, let them go. these companies know they re going to be liable so again, this is going to hurt jobs. hurt tax collections and hurt the economy. ....
Do we react by them saying we re going to shut down every airport? they did after 9/11 for only three days. for six months, david, what is that this is after the fact posturing to act tough because you weren t on the stick immediately dealing with b.p. in the right way. b.p. should pay and pay dearly. although, neil, we do shut when there s a crash, if there are other planes that have a similar technical problem, we close down we ground those planes that have the same kind of device. shouldn t we just target those rigs in the gulf that have the same target as the rigs that blew up? i think there s 33 deepwater rigs right now. i agree we re not going to shut all airports when we have one plane crash. and there s nothing that says this has to be a six month moratorium. are we sure these rigs are safe? if we re not, as he suggested, the risks of a second spill are huge. i mean, the cost would be enormous. by the way, elizabeth jindal, governor jindal from louisiana ....
Point out at the break, there may be tax money going towards the cleanup. that s ridiculous. stop that. don t you hear what the local people are saying, that the moratorium hurts their jobs and hurts the local economy and hurts the state and local tax collection. it hurts the toll roads. quick answer. there s no question it does, liz. that s simple. but the fact remains, you gotta stop and examine the problem. people being out of work. they have examined the problem which is why most of those rigs are perfectly capable of going forward and if you put a political ban on it which is what this is, it s not based on science, those rigs are going to go elsewhere. we re gonna pay the price for it. this president was serious about energy. not only would he lift the ban, he would lift the ban on onshore drilling on areas where we knew there was oil and gas and much less risk to the environment to get it out. we use the word ban here. yes, it s supposed to be a temporary ban. sometime ....