Sarah Palin Blames Gov't Regulation for BP Cutting Corners
Posted: Thu Jun 03, 2010 10:09 am
Makes sense. 
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NON SEQUITUR COMMENT 2010bedub1 wrote:Obviously BP can't run their own company. It's definitely time for another US Government takeover of a private company.
Actually, in a completely free market, BP would be sued for all the damage it has done to the environment and to business in the Gulf. And it would not be allowed to declare bankruptcy. Bankruptcy is a federal government concept, not a free market one. So, the protection it gets from suit (in the form of bankruptcy, among other things) could be considered regulation.Titanic wrote:Of course, in a totally free market BP will have installed all the safety valves and followed all advice it received. Its the horribly weak government regulation which causes BP to act with such greed and indiscretion.
Did you mean dollars and cents? Wouldn't it be the lack of regulation that is problematic or does Sarah seem to think the regulators were slack in actually doing their job?pimpdave wrote:Makes sense.
She wont...thegreekdog wrote:Actually, in a completely free market, BP would be sued for all the damage it has done to the environment and to business in the Gulf. And it would not be allowed to declare bankruptcy. Bankruptcy is a federal government concept, not a free market one. So, the protection it gets from suit (in the form of bankruptcy, among other things) could be considered regulation.Titanic wrote:Of course, in a totally free market BP will have installed all the safety valves and followed all advice it received. Its the horribly weak government regulation which causes BP to act with such greed and indiscretion.
However, Sarah Palin is a moron and if she runs for office with the endorsement of the Tea Party, I'm out.
There is a large amount safety regulations. There is loose enforcement and unfortunately the safety shut off valve failed.thegreekdog wrote:Are there government regulations for implementing safety systems in case this sort of thing happens? I have no idea, I'm just asking.
It's a failure in the belief of government regulation. The government had the regulations, but it is true that both BP did not follow them and the Gov't did not enforce them. Of course, the solution they will present, which is no solution at all, is more government regulation.jefjef wrote:There is a large amount safety regulations. There is loose enforcement and unfortunately the safety shut off valve failed.thegreekdog wrote:Are there government regulations for implementing safety systems in case this sort of thing happens? I have no idea, I'm just asking.
A failure of all party's in this one.
Its not a failure of government regulation, its a failure of regulatory bodies getting too close to big companies and either not enforcing the law, relying solely on the companies good faith or intentionally writing weak legislation.Phatscotty wrote:It's a failure in the belief of government regulation. The government had the regulations, but it is true that both BP did not follow them and the Gov't did not enforce them. Of course, the solution they will present, which is no solution at all, is more government regulation.jefjef wrote:There is a large amount safety regulations. There is loose enforcement and unfortunately the safety shut off valve failed.thegreekdog wrote:Are there government regulations for implementing safety systems in case this sort of thing happens? I have no idea, I'm just asking.
A failure of all party's in this one.
Pur-lease....prove this, I am begging you.Phatscotty wrote: Funny how we can only speculate on what a free market would be like, rather than hone up the the reality of what a mixed market is like.
Gov't 60% (with recent financial legislation)
Private 40%
Damn it...took me a moment to get this one...well done, and quite funny.jonesthecurl wrote:Sarah is against bloggin in case it upsets the bgreens by depleting the bforests.
At least most of New Jersey is gone.pimpdave wrote:http://www.ifitwasmyhome.com/#loc=New%20York%2C%20NY%2C%20USA&lat=40.7142691&lng=-74.0059729&x=-74.0059729&y=40.7142691&z=7
I don't know if she said it in an interview, but here's her facebook.deronimo wrote:Which interview was it where she claimed government regulation forced BP to cut corners? I want to read it for myself because usually the left wingers here take something she said out of context. I don't doubt she said something similar but it usually gets spun here on CC.
But as to the bigger issue - why wouldn't a company try to find ways to still make a profit within the current regulatory laws? They are trying to make a profit. I don't see anything evil about a company trying to make a profit.
Hurray for sarah! Her facebook statement is quite agreeable.jonesthecurl wrote:I don't know if she said it in an interview, but here's her facebook.deronimo wrote:Which interview was it where she claimed government regulation forced BP to cut corners? I want to read it for myself because usually the left wingers here take something she said out of context. I don't doubt she said something similar but it usually gets spun here on CC.
But as to the bigger issue - why wouldn't a company try to find ways to still make a profit within the current regulatory laws? They are trying to make a profit. I don't see anything evil about a company trying to make a profit.
http://www.facebook.com/notes/sarah-pal ... 5324638434
Actually it has everything to do with it. Yes BP was negligent and so were those who were supposed to be enforcing regulations BUT If they were not FORCED to drill that far down they WOULD NOT BE THERE. If this happened in shallow water divers could have taken care of it. If it was on land even easier to cure.pimpdave wrote:Yup, that's why BP cut corners.
Short-sighted profit and flagrant disregard for anything but had nothing to do with it.
And common sense is foreign to you.pimpdave wrote:Your powers of logic and argument are fascinating, jefjef. Simply fascinating.