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Laodicean wrote:
freemason9 wrote:Well, it's not Obama's responsibility, though . . . at least, not from the traditional conservative American approach to governance, right? This is the worry of BP; they engaged in risk to make a profit (supposedly, that's capitalism), and sometimes the risk becomes apparent. Like now. So, considering that everyone seems to be crying for less government, I see no reason at all why Obama is even messing with it. Let BP figure it out, let them deal with the litigation, and let them deal with the criminal complaints.
And, by all means, let's change corporate law to make shareholders responsible for their investment outcomes. All BP shareholders should be responsible for compensating damages (based upon their level of investment).
I believe strongly in free markets, but I'm not a capitalist. Capitalism creates fascism and destroys competition and free markets. This disaster is a case in point.
Nordic wrote:freemason9 wrote:Well, it's not Obama's responsibility, though . . . at least, not from the traditional conservative American approach to governance, right? This is the worry of BP; they engaged in risk to make a profit (supposedly, that's capitalism), and sometimes the risk becomes apparent. Like now. So, considering that everyone seems to be crying for less government, I see no reason at all why Obama is even messing with it. Let BP figure it out, let them deal with the litigation, and let them deal with the criminal complaints.
And, by all means, let's change corporate law to make shareholders responsible for their investment outcomes. All BP shareholders should be responsible for compensating damages (based upon their level of investment).
I believe strongly in free markets, but I'm not a capitalist. Capitalism creates fascism and destroys competition and free markets. This disaster is a case in point.
Why the fuck would you think any such thing? This is EXACTLY what governments are FOR.
If a truck wipes out in front of your house and spills a few thousand gallons of toxic chemicals, I guess you'd be just A-OK with waiting around for the trucking company to clean it up.
Nice going, ace.
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