Off-Topic: Did Obama stick it to BP?

Bear Creek Reservoir Topics

(Bear Creek Reservoir Specific)

9 messages

Updated 11/3/2023 6:12:58 AM

Off-Topic

Lakes Online Forum

83,591 messages

Updated 4/19/2024 9:05:43 PM

Boat Maintenance

Lakes Online Forum

5,193 messages

Updated 4/3/2024 3:47:36 AM

Bear Creek Reservoir Fishing

(Bear Creek Reservoir Specific)

0 messages

Updated

Jokes

Lakes Online Forum

4,169 messages

Updated 4/15/2024 11:05:05 PM

Sports

Lakes Online Forum

4,260 messages

Updated 3/24/2024 9:24:45 AM

Grilling & Recipes

Lakes Online Forum

2,976 messages

Updated 3/20/2024 11:53:43 PM

Tallapoosa River Topics

Lakes Online Forum

98 messages

Updated 4/15/2024 1:00:58 AM

Forum Usage Rules

Welcome, Guest

Select View Mode: [ classic | beta | recent ]

	Name:	GoneFishin -
	Subject:	Did Obama stick it to BP?
	Date:	8/12/2010 8:54:46 PM

Lotowner posted the same bit of nonsense back in July and now you do the same.

Jim Dandy covered it quite well when he wrote “Generally, contingency reserves are not deductable for tax purposes until paid. A $20B reserve would have to be recorded for GAAP (financial) reporting, but only the $7B paid is a tax deduction. Still yields a $2.45B tax benefit”.

Maverick said it best “What is the old saying if you do not know of what you speak then do not speak”.

To repeat for your benefit Waterboy “if you do not know of what you speak then do not speak”.

Other messages in this thread:

View Entire Thread

Did Obama stick it to BP? - water_watcher - 8/12/2010 7:14:15 PM

Did Obama stick it to BP? - GoneFishin - 8/12/2010 8:54:46 PM

Did Obama stick it to BP? - water_watcher - 8/12/2010 10:12:29 PM

Did Obama stick it to BP? - water_watcher - 8/12/2010 10:18:32 PM

Did Obama stick it to BP? - lotowner - 8/13/2010 8:33:50 AM

Schedule M - Maverick - 8/13/2010 1:46:38 PM

Hey MAVERICK - GoneFishin - 8/13/2010 5:30:40 PM

Hey MAVERICK - Maverick - 8/13/2010 6:27:35 PM

Hey MAVERICK - water_watcher - 8/13/2010 9:23:07 PM

Did Obama stick it to BP? - MartiniMan - 8/14/2010 9:00:07 AM

Quick Links
Bear Creek Reservoir News
Bear Creek Reservoir Photos
Bear Creek Reservoir Videos