Sunday, May 30, 2010

On BP, the oil spill, and government regulation

OK, so for the past month plus, oil has been pumping into the Gulf at an alarming rate, endangering wildlife, environment, beaches, and ultimately the world's population.

What the hell?

If BP and other massively wealthy oil companies were properly regulated to begin with by our Federal Government, and had been mandated to have drilled relief wells at the same time as they drilled the primary oil well, this would never have had the impact it has. But no - industry has such powerful political lobbies that they scream "too much regulation! Government has no right to tell us how to run our businesses!" and the idiots who vote for the politicians they buy scream the same bullshit. So, OK, BP, Exxon, other hugely wealthy oil companies - if it will appease you, keep you donating to our campaigns, and get the consumers the oil and gas that they crave, we'll let you drill a huge oil well thousands of leagues under the ocean with no failsafes.

Smart move, whichever Administration allowed the original drill to be put in place.

In my opinion, the leaders at BP and the share holders should be paying every penny of clean up costs. They need to quit going on tv defending themselves, claiming to do all they can do, and start fixing things. They need to be held accountable.

After all, if I created a disaster at work .5% as serious as this one, I'd be pounding the pavement looking for a new job. Hell, I'd probably being sued out of house & home. But I'm just a lower-middle-class grunt. Screw me. Thanks.

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