Execs grilled on oil spill 'cascade of failures'
In back-to-back Senate inquiries, executives of the three companies at the heart of the massive spill were chastised by senators over attempts to shift the blame to each other. And they were asked to explain why better preparations had not been made to head off the accident.
What Have B.P. Execs Learned From Obama?
That you can never go wrong by blaming your predecessor. That you can never go wrong by lying about the situation.
Halliburton's Probert said his company followed BP's drilling plan, federal regulations and industry practices.
Evidently, this kind of disaster is what you can expect when you allow federal regulators to oversee operations of any kind.
And make no mistake, the federal government has been collecting healthy fees to oversee and regulate oil drilling. The federal regulators have been as effective in monitoring oil drilling, as the porn surfing S.E.C. employees have been at overseeing and regulating wall street financial businesses.
The main thing to remember, is that any federal oversight agency will do anything to avoid actually doing what they are paid to do. They simply exist to give otherwise unemployable people the six figure salaries and retirement plans that they believe they deserve because they were born in a county that allows some people to keep some of what they earn.
And the Regucrats cry, "But if you don't have regulations, everyone will just spill oil all over all the time!!"
ReplyDeleteEr... not at today's oil prices. A barrel spilled is money wasted. Don't you trust honest greed to keep things in check?
But greed hasn't worked to keep the gov't in check, so they don't think it works for anyone else, either.