Ron Paul calls $20 billion BP escrow fund a 'PR stunt,' 'suspicious'

[bobbyw24]

BP's $20 billion escrow fund is a "PR stunt" that came about through a "suspicious" process, Rep. Ron Paul (R-Texas) said Tuesday night.

Though Paul didn't go as far as fellow Texan Rep. Joe Barton (R), who called the fund a "shakedown," he nevertheless said the "process is sort of suspicious."

"They have agreed to this and this is sort of a PR stunt as far as I'm concerned," Paul told Fox News. "BP had already been making a lot of payments to people who had been injured."

http://thehill.com/blogs/blog-briefing-room/news/105009-ron-paul-calls-20-billion-fund-a-pr-stunt-suspicious

[MelissaWV]

The number and repayments were already being floated around before any "official" announcement.

This helps make BP look good, the Government look like it's doing something, and gives the public a false sense of security/closure on the subject of compensation. "Twenty billion dollars is a LOT!" It is very much a PR stunt.