Bachmann calls oil spill victim escrow account ‘a redistribution-of-wealth fund’
Wednesday, June 16, 2010 at 12:24 am

MnIndy file photo
Hours before President Obama’s Oval Office address regarding the BP oil spill, Rep. Michele Bachmann had some choice words for the escrow account in the works — designed to aid spill victims — during a luncheon Tuesday held at the Heritage Foundation in Washington, DC. She called it a “redistribution-of-wealth fund.”
In her address to the group, Bachmann attacked the White House proposal for BP to arrange a $20 billion escrow account to pay for damages from the oil spill:
The president just called for creating a fund that would be administered by outsiders, which would be more of a redistribution-of-wealth fund. And now it appears like we’ll be looking at one more gateway for more government control, more money to government. If there is a disaster, why is it that government is the one who always seems to benefit after a disaster, and that’s of course what cap-and-trade would be.
Full details of how the escrow account would be operated are pending, but early reports describe the account as one run by an independent panel, and it is intended to hold BP liable for all damages accrued due to the oil spill. The account’s funds will go toward paying for both cleanup efforts and damages for individuals such as Gulf Coast fishermen whose livelihoods have been damaged by the sudden toxicity in the ocean and beaches. In effect, the fund will prevent the government (and by extension, American taxpayers) from being fiscally responsible for BP’s actions. Is it a “redistribution-of-wealth fund”? Maybe, but in the same sense that one would be responsible for paying to repair a house he drove a car into.
Bachmann had some words of advice for Obama, as well: Don’t demonize BP. The Washington Post’s Dave Weigel caught up with Bachmann after the event, and confirmed that she is in favor of lifting the liability cap against BP. But the congresswoman then went on to defend BP against too much criticism from the administration:
They shouldn’t have to be fleeced and make chumps to have to pay for perpetual unemployment and all the rest — they’ve got to be legitimate claims.
The other thing we have to remember is that Obama loves to make evil whatever company it is that he wants to get more power from. He makes them evil, and what we’ve got to ask ourselves is: Do we really want to be paying $9 for a gallon of gas? Because that could be the final result of this.
63 Comments
Comment posted June 16, 2010 @ 12:29 am
I speak three languages and I can think of no word in any of them tha express how I feel about the views this woman has.
Comment posted June 16, 2010 @ 11:30 am
Re: Michele Bachmann’s remark about BP not being responsible for “perpetual unemployment”.
If the livelihoods of the fishermen (and others in related industries) on the gulf have been destroyed because of BP’s wrong doing, who the hell else is responsible for their “perpetual unemployment”?
Comment posted June 16, 2010 @ 11:57 am
Does Bachmann do anything in Congress besides engaging in verbal attacks against the President. I hope Minnesota rids itself of this pathological liar in November.
Pingback posted June 16, 2010 @ 12:01 pm
[...] “Obama is a socialist” meme, Rep. Michele Bachmann (R-MN) called the account a “redistribution of wealth fund.” Mississippi Gov. Haley Barbour (R) also thinks it is a bad idea. Although he noted on Fox [...]
Comment posted June 16, 2010 @ 12:36 pm
Hard to believe Bachmann can continue to top herself with such statements of pure idiocy, but she does.
She is an embarrassment to Minnesota.
Pingback posted June 16, 2010 @ 1:17 pm
[...] Story is located here [...]
Comment posted June 16, 2010 @ 1:55 pm
Campaign donations are a redistribution of wealth. We should stop redistributing wealth to radicals like Bachmann.
Comment posted June 16, 2010 @ 2:22 pm
The mainstream news will probably never report this though. lol. She is so far gone she should be feature on a Drake song LOL
Pingback posted June 16, 2010 @ 2:59 pm
[...] GOBP “The president just called for creating a fund that would be administered by outsiders, which would be more of a redistribution-of-wealth fund. And now it appears like we’ll be looking at one more gateway for more government control, more money to government. If there is a disaster, why is it that government is the one who always seems to benefit after a disaster, and that’s of course what cap-and-trade would be.” – Michele Bachmann [...]
Comment posted June 16, 2010 @ 3:24 pm
If it were her constituents she would be saying something otherwise. So she can get away with it.
Comment posted June 16, 2010 @ 4:14 pm
Who on earth votes for someone who shows herself to be clearly lacking in intelligence? I’ve yet to see a report that shows an intelligent side to the woman.
Comment posted June 16, 2010 @ 5:35 pm
Confused, distorter of facts, being clueless about everything related to the national government, consummate liar, hypocrite, poseur, corporate shill, opportunist, faux “c”hristian, hate monger, homophobe, slacker, frequent Fuchs Noose guest, and corporate and government welfare queen can all be used to accurately describe this woman. She adds nothing substantive to political discourse.
Pingback posted June 16, 2010 @ 5:46 pm
[...] a large corperation compensating anyone for damage done to them is redistribution of wealth. Bachmann calls oil spill victim escrow account ?a redistribution-of-wealth fund? Minnesota Independe… The president just called for creating a fund that would be administered by outsiders, which would [...]
Comment posted June 16, 2010 @ 5:49 pm
Could we all sign a pledge, right here, right now, NOT to vote this woman back into office again? How on earth did she get back in last time?
Pingback posted June 16, 2010 @ 7:55 pm
[...] Congresswoman Michele Bachmann says the oil victim escrow fund amounts to a “redistribution of wealth.” Speaking to the conservative Heritage Foundation before the president’s Tuesday night [...]
Comment posted June 16, 2010 @ 8:04 pm
Interesting slant from a Sarah Palen wannabe. But, really, does ANYONE listen to this bimbo’s drivel anymore?
Comment posted June 16, 2010 @ 10:03 pm
It’s quite a feat to blame everything on Obama, especially when it’s something that was started or initiated by the former occupant of the white house, and his puppet master.
It’s a whole other thing when comments coming from ditzes like Bachmann are taken seriously, because there ARE people out there that get their daily injection of news from Faux and other fringe repubs organs. I don’t think there are too many rational folks out there that do that, but we must never assume that some people are smart enough to take news with a grain of salt.
I don’t think the founding fathers would be able to tolerate what has happened over the past several hundred years, and certainly would have castigated Palin, Bachmann, Boehner, and whatever other multitudes of idiots there are in politics nowadays.
Politics should least of all be an outlet for the religious right and their insanity–there has been way too much of that in the past ten years, when GWB had an open door policy with Dobson, Falwell, Robertson, and other nutcases like them. We’re supposed to have a secular government, not one steeped in religion of any kind.
Comment posted June 16, 2010 @ 10:16 pm
Please support her democratic opponent Tarryl Clark. Ms Backmann is a national disgrace!
Pingback posted June 17, 2010 @ 3:37 am
[...] Minnesota Congresswoman Michele Bachmann says the oil victim escrow fund amounts to a redistribution of wealth – and that is evil, and more important than those thrown out of work. Speaking to the [...]
Pingback posted June 17, 2010 @ 4:20 am
[...] off the crazy was Michele Bachmann, who called the escrow fund a "redistribution of wealth fund." She told Dave Weigel that she worried [...]
Comment posted June 17, 2010 @ 5:23 am
——They just dont get it. Still no mention at all,pro or con,of the flange/bolts on all the news. Some of the bloggers that do are top engineers withiin the industry.——
The oil leak can be TOTALLY controlled in half a week. Replacing the flange atop the BOP with a riser is absolutely possible,even in that blast. A pre-assembled guide—four 40 ft pcs drill pipe— with a five ft diameter band connecting the top ends, and solidly mounted on the BOP flange below,will steer the new riser perfectly, over the drill pipe stub and down, with 2 tapered pins on the new flange, precisely aligning it for bolting. A manifold with 4 lines to the surface completes it,redundantly accomplishing more than the present cap, only with positively NO leaking at all, and no sea water to “freeze”. After working the giant shear, these tasks,including clamping before unbolting, and trimming projections on the flange,etc. are comparatively simple for the robot operators. Please hurry.
Comment posted June 17, 2010 @ 9:38 am
Good God, just when I think Bachmann can’t get any nuttier… My folks live in Minnesota and my mom said she recently donated to the campaign of whomever is running against Bachmann in the fall. The woman makes Minnesota look like a bunch of loonies.
Comment posted June 17, 2010 @ 9:46 am
Why does the Gov’t ALWAYS have to come to the rescue for us poor unfortunate citizens?
And Michele is right- I’ll bet they’ll cap the money paid out at first- but they’ll always come back for more, won’t they? It’ll never be enough.
And it’s funny that BO would demonize BP- since they gave the most contributions to his campaign. Aren’t they pals? Aren’t they writing Cap and Tax?
Like Cash for Clunkers, and the money Katrina ‘victims’ got, this will benefit a very few people who desperately do need the money. Gov’t screws up most everything it touches. These days, anyway.
Comment posted June 17, 2010 @ 10:06 am
Everyone who has over $1 million dollars should be executed, and their money should be given to people with lower income so they can enjoy the wealth accumulated by those who have been executed. It’s the only fair thing to do! I mean, the rich have already enjoyed their money, right? Why should they be allowed to continue to enjoy it? Fair is fair…Remember, kill a rich person and give the money to the poor so they can enjoy it too. We now return you to your regularly scheduled, commie liberal network.
Comment posted June 17, 2010 @ 10:16 am
Her paranoia rally was held at the Heritage foundation – a group that redistributes other peoples wealth – to themselves – on a daily basis!!! Someone should put together a fund for her rally in Louisiana to go spout her drivel there. They would feed her to gators, and she would never be heard of again!!! Go Tarryl Clark!!
Comment posted June 17, 2010 @ 10:27 am
M. Bachmann, needs to go away. Who voted for her? She is an embarrasment to Minnesota.
Comment posted June 17, 2010 @ 10:36 am
Michele Bachmann isn’t nuts:The people in the sixth congressional district are for voting her into office!What a disgrace this idiot is!!Unbelievable!!!!
Comment posted June 17, 2010 @ 11:05 am
The CEO of BP and their upper management should go to jail. I don’t have words for people like Michele Bachmann and the other GOP that defend the corporations and care nothing about our shores, people and country.
Comment posted June 17, 2010 @ 11:24 am
Karen C. where to start? Wasn’t everybody just screaming that Obama should DO something? What a novel concept, make the perpetrators pay. Well novel for Republicans anyway.
And why don’t you take your sarcasm about the “poor unfortunate citizens” to the Gulf where so many people’s livelihoods have been destroyed and the wildlife just decimated. Did you see that story about the poor sea creatures? Do you have feelings at all? How could you not be sickened by that? Or are you unable to see beyond you own backyard and you just ignore the photos and stories because you don’t want to upset your delicate sensibilities?
So if BP shouldn’t pay then that means you want the government to pay? Or do you want just the people of LA to pay even though Jindal has already been begging the government for help.
You should be happy that Obama isn’t allowing campaign contributions to stop him from doing what’s right. Oh wait, that’s another thing Republicans can’t wrap their puny brains around.
And you can take your ideologically entrenched views that smother your ability to grasp the human, wildlife, and ecological disaster unfolding before our eyes and stick them up your…well, you can figure that one out I’m sure.
Comment posted June 17, 2010 @ 12:06 pm
Did you people really vote this idiot into office?
When will you vote her out?
Comment posted June 17, 2010 @ 12:32 pm
How in the world can you knock this women, when you elect Al Franken as your senator? It seems like the whole State has a few nut jobs running around.
Comment posted June 17, 2010 @ 12:48 pm
Notwithstanding that Bachmann is a moron who is being celebrated by other morons (a whole class of morons reveling in their moronity and who believe that their moronity qualifies them to consider themselves moronically superior), Mark Twain said it most ably:
“Look at the tyranny of party — at what is called party allegiance, party loyalty — a snare invented by designing men for selfish purposes — and which turns voters into chattles, slaves, rabbits, and all the while their masters, and they themselves are shouting rubbish about liberty, independence, freedom of opinion, freedom of speech, honestly unconscious of the fantastic contradiction; and forgetting or ignoring that their fathers and the churches shouted the same blasphemies a generation earlier when they were closing their doors against the hunted slave, beating his handful of humane defenders with Bible texts and billies, and pocketing the insults and licking the shoes of his Southern master.”
- “The Character of Man,” Mark Twain’s Autobiography
Comment posted June 17, 2010 @ 1:39 pm
Glynis. You’re probably a very nice person…
It was sarcasm, which I’m sure you didn’t grasp. Being a liberal, you reacted as you have been programmed to–with outrage, instead of actually reading it. It seems these days that government is the answer for ALL our social and ecological ills. When the opposite is usually true. Usually. Gotta stress that, because you won’t see it. And my feelings have nothing to do with this. Either what I said made sense, or it didn’t. Decide.
So, I’m supposed to be happy he turned his back on his friends? Interesting. What are this guy’s core values, other than Big Government? It’s certainly not treating his friends well, or keeping his word.
And what about BP being on board for most of Cap and Trade? I notice you didn’t pick up that ball. If they are EVIL, then why were they lobbying to pass Cap and Tax? A Democrat concoction. Signed off on John Kerry’s bill.
http://www.washingtonexaminer.com/politics/Once-a-government-pet-BP-now-a-capitalist-tool-95942659.html
And why isn’t the administration waiving the obscure Jones Act? People want to help.
http://news.yahoo.com/s/csm/20100616/ts_csm/308534_1
And, the Obama administration exempted BP on an Environmental Study in 2009.
http://www.washingtonpost.com/wp-dyn/content/article/2010/05/04/AR2010050404118.html
Plus, the Government refused to let BP drill in shallower water, thus they drilled as far out as they did. True, they should’ve known better, and I’m not disputing that. But the Gov’t interfered, and now they are reaming BP on Capitol Hill, when they had a hand in this disaster themselves. Plenty of blame to go around…..
I’m just tired of certain people in Government using these disasters to expand the public sector(New Czar), and/or bleed money out of some corporation(which employs people). Instead of focusing on the disaster itself. To me that’s insensitive, opportunistic, and disingenuous.
Pingback posted June 17, 2010 @ 2:31 pm
[...] the Minnesota Independent: Bachmann calls oil spill victim escrow account ‘a redistribution-of-wealth fund’. The article quotes Bachman as follows: The president just called for creating a fund that would [...]
Comment posted June 17, 2010 @ 2:36 pm
Karen C,
If your friend that you have had fun with and cooperated with on projects and that you have done favors for comes to your house and through carelessness causes damage to your house, you would expect compensation. The U.S. expects compensation for the damage caused by BP’s recklessness. Shallow water drilling is almost tapped out. It is not as efficient as deep water drilling and you know that the oil companies know where to drill is where it is most efficient. You are cherry picking these news articles but they do not support your point which is that you some how deep down side with this foreign corporation and feel that this is a more natural stance than siding with the people/victims who make their living in the gulf.
Comment posted June 17, 2010 @ 4:37 pm
Let’s keep this perfectly clear. The $20 billion escrow funds account will be “managed” by our “pay czar” Kenneth Feinberg, the individual who did such a wonderful job with the distribution of funds to 911 families and victims. There are still hundreds of claims by 911 families who lost loved ones that have still not been resolved. So you are willing to Obama’s hand-picked “pay czar” to handle this fund which should legitimately be handled by a neutral “third party” whose books can be monitored and who will distribute the funds fairly and promptly?! Amazing; we still have Kool-Aid drinkers left in this country.
Comment posted June 17, 2010 @ 5:55 pm
^^^^ Shut it Bill go back to your office at BP counting money earned from death.
Comment posted June 17, 2010 @ 7:06 pm
The only redistribution of wealth that is happening is BP being able to suck oil out of the ground and then suck money out of our pockets… and when they mess us… to soak us all for their mistake.
Comment posted June 17, 2010 @ 7:12 pm
Every event seems a projective test for Michele Bachmann, who sees evildoers at every turn when it comes to governing.
Re-distribution-of-wealth fund? Excuse me, isn’t the evidence of the damags from the Gulf oil drilling catastrophe transparent enough?
The BP public relations people should blush at her support
Comment posted June 17, 2010 @ 7:29 pm
Karen you do realize that Cap & TRADE (using the assigned talking point term doesn’t change the facts) was actually a Republican concoction. They were all for it until Obama supported it.
The admin doesn’t need to wave the Jones act. Over a dozen foreign ships are providing assistance with more on the way.
Without a doubt the exemption was a big mistake.
The meme that the government is forcing deepwater drilling is false. The companies are drilling there because the deposits are bigger than in shallow water.
You are batting 1 for 3. Great job.
Bleed money out of some corporation?!?!?! Really? Are you honestly saying that making BP pay for the effects of their mess is wrong?
Comment posted June 18, 2010 @ 3:22 am
If the people in Brainless Bachmann’s district send her back to Congress again after this next election I am going to believe there is something in the air or water or something there that is causing some serious brain damage. Because she is seriously stupid and foolish and to keep re-electing her demonstrates a clear lack of cognitive ability by the voters.
Comment posted June 18, 2010 @ 10:03 am
Karen C., the appropriate reaction is outrage. And it says all one needs to know about you that you don’t see that. And you refer to the people who have literally lost their livelihoods with sarcasm calling them “poor unfortunate citizens” as if it’s no big deal?!? And you imply that the reason that Republicans don’t go after campaign contributors is because they don’t want to “turn their backs on their friends”?! “The government” didn’t “let” them drill in deep water? Bush/Cheney approved their drilling in deep water because that’s where the big money is. You are quite the piece of work.
Comment posted June 18, 2010 @ 10:05 am
correction: I meant: the government didn’t let them drill in shallow water?
Pingback posted June 18, 2010 @ 11:04 am
[...] Bachmann Calls Oil Spill Victim Escrow Account ‘a redistribution-of-wealth fund’ [...]
Pingback posted June 18, 2010 @ 11:53 am
[...] creates a terrible precedence,” Barton said.Days prior, Republican Michelle Bachman called it a “redistribution of wealth,” repeating a common phrase she has used to characterize health care reform, mortgage [...]
Comment posted June 18, 2010 @ 2:54 pm
Glynis,
Many conservatives sing a different tune when something bad happens to them. After returning to GA from one of the tea party rallies in September ’09, there was a flood in North GA where many of the TPers live. Oh, the cries of help to President Obama and FEMA were very loud on ajc.com. These cries came from the very people who had been in DC a few days earlier letting all of their anger toward the president and democrats hang out. That something bad may happen to them, and how dependent they really are on the government never enters their minds until something devastating happens to THEM. Then it matters.
Comment posted June 18, 2010 @ 5:27 pm
No matter what the news story, Ms Bachmann can be counted upon to say something entirely brainless about it. That’s her skill set.
Pingback posted June 18, 2010 @ 9:20 pm
[...] Michelle Bachmann isn’t so happy with that turn of events: The president just called for creating a fund that would be administered by outsiders, which would be more of a redistribution-of-wealth fund. [...]
Comment posted June 19, 2010 @ 11:27 am
I imagine every time she opens her mouth the good Lord takes his own name in vain. Her ramblings should be used as case studies for Logic 101 classes– let’s see obfuscation, red herrings…..
Comment posted June 19, 2010 @ 12:05 pm
Conservative tactics do include simple memes that appeal to the intuition of the critical thinking challenged. Republicans (with Democratic help) have, since Reagan, achieved the greatest redistribution of wealth ever via government policy changes. They have redistributed wealth from the middle class to and increasingly smaller percentage of the upper class. Even prior to this redistribution, the US had the worst distribution of wealth of any industrialized country. This information is freely available, but ignored because it doesn’t fit in with our myths. Apparently, in conservative minds only wealth flowing down into middle and lower classes is a “redistribution”. They seem so offended that money be demanded of subsidized incompetent/criminally negligent oil companies but not the billions taken by guile and influence from most people by such corporations. I don’t want to shoot a millionaire, only those who want to rig the system to give them more they they could possibly deserve.
Comment posted June 19, 2010 @ 12:58 pm
i wish we americans will go to minnesota and take to the street’s and defeat michelle bauchman, and all the republican’s, i am damm sick and tired of the damm racist republican’s let’s fight for our rights and not let the republicans win this november.
Comment posted June 26, 2010 @ 11:10 am
I’m kinda late to this party, but felt a need to speak…especially since I’m from MN-though thankfully not from wackjob’s district.
Have a better analogy for Karen C: If a friend of yours came into your house and shot your mother, would you be forgiving because they bought you a burger from McDonald’s the day before?
Bachman was weird as a face in the state legislature, and she’s just gotten stranger in the Fed. Her district seems to dig her, please don’t judge MN by her re-election…the rest of the state is relatively normal. We just vote wrestlers into office.
Comment posted June 29, 2010 @ 5:24 pm
Does Bachmann keep on babbling even when she’s asleep?
Comment posted July 7, 2010 @ 5:40 pm
I am from the sixth district… to the world: i am deeply sorry for the incredibly close minded, evil and mildly insane nutcase that is michele bachmann. I would personally rather see heidi montag elected to congress than watch bachmann win another election.
Yet somehow she has raised over 4 million dollars so far, one of the highest in the entire country.
If you hate her like so many of you have written then do something about it and donate to Tarryl Clark’s campaign. Its time to get rid of this embarrassment, but she’s going to need a lot of support…
- A young person from the 6th that is completely unaffiliated with clark (btw) but seriously concerned as to whether bachmann should not be sent to washington, dc but rather shutter island
GO CLARK
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