Stimulus Proposal for BP Shareholders
Friday, June 4th, 2010President Obama this morning angerly warned BP that it better not pay out millions of dollars in stock dividends to the shareholders while it was “nickel and diming” the residents and business interests in the Gulf area.
When it was pointed out to the President that millions of people including retirees and pension funds depend on the dividend income to help pay for living expenses he immediately assailed BP for considering a dividend cut . ”My daughter interrupted a cabinet meeting this afternoon,” the President explained, “and asked, ‘Daddy have you paid the dividend been paid yet’?'” He promised her he would not let BP ”nickel and dime” the American shareholder as he outlined a six-billion dollar stimulus plan for all BP shareholders.
