Blog on the Run: Reloaded

Tuesday, May 25, 2010 2:45 pm

How the game is played

Filed under: We're so screwed — Lex @ 2:45 pm
Tags: , ,

I mentioned over the weekend that the EPA had demanded that BP use a less toxic dispersant and BP told the EPA to get bent. BP continued to maintain that position today.

John Cole comments:

BP is just acting rationally, if you ask me. They’ve looked at the landscape, realize that even if they get sued for a [lot], the courts will strike it down as unfair, and they know they have nothing to fear from the government because both parties are littered with politicians they’ve completely paid off, and they know damned well that one major party wants to get rid of the EPA and the blue dogs in the Democratic caucus would join them, so they have no reason whatsoever to listen to that agency. Basically, the rational decision for any corporation in this country is to do whatever the [expletive] you want, because there simply won’t be any consequences. They have a lot of shareholders who will look the other way, a country desperate for oil, politicians completely in their pocket, and they can afford better attorneys than the poor bastards who used to catch shrimp in the Gulf.

That is just how it is in an oligarchy. And I honestly don’t know what can be done about it.

This is what a free market looks like. Remind me again why government regulation is such a bad idea.

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