Washington AC/DC - (Crude Rhetoric Mess): Baseless in law and mired in econutters' 9/11 conspiracy theories.
That's the feedback from US Big Oil attorneys who today dismissed President Obama's attempts to illegally seize BP shareholder billion$ as downright illegal Big Government powergrab.
The President went on US prime time last night to stake his claim to a ludicrous $20 billion of BP shareholder funds.
Energy law specialists responded by calling it an outragerous attempt to bend, twist and subborn US corporate law to save the flaccid Obama Administration's ass over the Gulf of Mexico oil spil.
The President had cited BP's 'total inexperience' in dealing with oil spill disasters as the justification to ringfence the multibillion dollar fund to be administered by an as yet unknown third party.
Senior judiciary sources commented today that without a warrant from the US Supreme Court President Obama's rant was a meaningless jibe.
"Such a judicial process could take years and years to come to fruition," Big Oil specialist lawyer Arnie Gusher explained to reporters, "check out that Chevron mess in Ecuador as a prime example."
BP's cautious first response is that it's clean-up experience is 100% better than that of the President, the Pentagon and nutters like Greenpiss whose ecowarrior minions are salivating at the prosect of the oiutlandish $$$s power grab.
Online bookies Aintgottaprayer.con go even money on eco-terror specialists Opus Dei being behind the attack on the Deepwater Horizon pipeline.
The sinister cult's dismal collapse of the Amazon Offence Coalition bankrolling of the $27 billion Chevron vs Ecuador heist is cited as a prime case in point.