Ned's friends will recall that he has been decrying the coverage of the GOM oil spill ever since it occurred, and has always said that the damages would turn out to be much less than the hysterics predicted, based on the characteristics of the Gulf of Mexico, and the presence of numerous natural oil seeps.
Now, and apparently overlooked by the hysteriasphere (otherwise known as the MSM and blogosphere), Ken Feinberg, BP "Compensation Fund" czar, has said in an interview with Bloomberg News that half of the 20 billion dollar fund may be enough to pay ALL economic claims arising out if the Gulf of Mexico spill. Now, Ned's friends will recall that BP sneering plutocrat execs "agreed" to put the $20 billion in escrow after being "persuaded" by President Barack "Bent Fingers" Obama, and his consiglieri, er, "attorney general" Eric "Two Bananas" Holder to set up the "compensation fund" in the summer, or else their property might suffer from "accidents." Now, maybe the long-suffering innocent BP shareholders and pension plans can recover some of their confiscated money, too.
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