Saturday, May 01, 2010

Oil Spill Catastrophe

The news media is reporting today that British Petroleum downplayed the possibility of a catastrophic accident in the offshore oil drilling rig which exploded and burned.

My response is, “Duh, Yes. Of course. Just like all the other oil companies do.”

BP had to file a 52-page exploration plan and environmental impact analysis before their project could be approved. But when the congress and the president are all encouraging deregulation and “looking the other way” this is exactly what happens. The regulators will not properly regulate if it means that their careers are damaged or they get fired. Even a retard could figure this one out (I use the word retard because that is what Obama and his closest advisers call the Liberals and the Progressives).

Keep in mind that this same level of government regulatory zeal and incompetence is what is looking over the country's nuclear power stations.

The Republicans and in fact many Democrats too made this all happen by their blind faith in deregulation. This idea began back in the time of Ronald Rayguns. It was a terrible idea back then, and over the years it gradually got even worse. It has now almost destroyed the American economy and has done terrible damage to the middle class and the environment.

It is about time to admit that “deregulation” is a really bad word. Like the word Nazi.

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