Tuesday, May 25, 2010

A Drop in the Bucket; or, Deregulation Revisited



Too big to fail indeed.

6 Comments:

Blogger B S Goldsmith said...

You know that experiment where they gave baby monkeys a mommy doll that became searing hot and/or shot spikes out of its body when the baby would cling to it? These corporations are our mommy dolls. I don't know how many more spikes to the face I can take.

Tue May 25, 02:15:00 PM GMT-7  
Blogger B S Goldsmith said...

PS this is amazing: http://twitter.com/BPGlobalPR/

Tue May 25, 02:57:00 PM GMT-7  
Blogger b r christensen said...

Except that the national parties do the clinging and it's our faces that get spiked.

Another way of breaking down the figures: average bp profit per day, ~$60M. cost per day of the spill, ~$20M.

Increasing safety measures corporation-wide would likely be a bigger financial hit over time.
Without regulation there is really no incentive to be safer.

Tue May 25, 04:07:00 PM GMT-7  
Blogger d l wright said...

Jeez Brad. Didn't you hear Rand Paul? That maybe sometimes accidents happen.

You guys just sound un-American.

Tue May 25, 10:15:00 PM GMT-7  
Blogger b r christensen said...

Rand Paul is the new GWB. His dad may have sucked, but at least he wasn't so effing stupid.

Wed May 26, 11:42:00 AM GMT-7  
Blogger antonio said...

En Galicia sabemos perfectamente lo que es la lacra del petroleo en nuestras playas.
Mientras las companias petroliferas siguen ganando dinero nuestra fauna marina casi desaparecio.
Que tengais suerte un saludo.

Thu Jun 03, 04:33:00 AM GMT-7  

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