Things look bad for BP. No question. If I gave the impression I thought The Market was fail proof I apologize. Shit happens. Before we go off half cocked persecuting folks lets see the extent of the damage. I'm ready to volunteer if I can help. The Gulf is my playground and I love shrimp.
I'm just sick about this. dj On Mon, May 3, 2010 at 8:13 PM, ornamentalmind <[email protected]>wrote: > President Barack Obama pretty much stated the obvious when he called > the oil spill in the Gulf of Mexico “a massive and potentially > unprecedented environmental disaster.” > > The oil well pouring a river of crude into the Gulf of Mexico didn't > have the normal type of remote-control shut-off switch used in Norway > and the UK as last-resort protection against underwater spills, > largely because the oil companies themselves are responsible for > "voluntary" compliance with safety and environmental standards. > > It was in 1994, two years into the Clinton administration, when this > practice of putting the fox in charge of the henhouse was legalized, > about the same time George W. Bush was doing the same thing in Texas, > a program pushed hard in the previous administration by Dan Quayle's > so-called "competitiveness council" charged with deregulating > industry. > > The accident has led to one of the largest ever oil spills in U.S. > water and the loss of 11 lives. Voluntary safety for oil wells, but > you and I can get stopped by the police if we don't fasten our safety > belts? Eleven people have died because Halliburton and BP wanted to > save money. In the first hundred years of this republic it was > commonplace for rogue corporations to get the corporate death penalty > - being shut down, dissolved, and having their assets sold off. > Through the 19th century, it averaged around 2000 companies a year > that got the axe. > > If the Supreme Court now says that corporations are people - and they > did - then these corporations should be eligible for the corporate > death penalty. > > Time to break up and sell off the pieces of Halliburton and British > Petroleum. > > > http://www.thomhartmann.com/blog/2010/05/halliburton-bp-it-time-corporate-death-penalty >
