Waves of Oil

I grabbed this photo from the UK's Guardian - originally printed on June 14.



photo: A wave breaking on Orange Beach, Alabama, more than 90 miles from the BP oil spill.

This afternoon President Obama held a press conference at which time he updated us on the outcomes of this morning's meetings with BP execs. BP has agreed to set up a $20 Billion fund for businesses and residents affected by the Gulf Coast spill. The fund and the application and review process will be overseen by a 3rd party.

So can birds, dolphins, turtles, fish ... the ocean ... apply for cash, too?

"It's Only Paper." Indeed.