Shameless government workers from Panama City Beach has pressed their city council to attempt to extract funds from BP (NYSE:BP), claiming the reason they didn't get a raise was because of the fallout from the Gulf oil spill.
The problem is last year these government parasites didn't receive a raise either, and there was no BP oil spill at that time.
They are of course attempting to use the consequences of the recession as an excuse to tap into the fund.
Imagine if that were to fly. Everyone in the U.S. would be applying to get money from the BP claims fund if they didn't get a raise this year.
BP may be big, but their influence on the economy is vastly overstated by those attempting to use them as if they were a form of government stimulus. This is one of the reasons the claims portion of the fund administered by Kenneth Feinberg has slowed down so much: numerous attempts to game the fund.
Panama City Beach has filed a claim against the fund to regain tax revenue. How about decreasing the size of government to levels that can be afforded?
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