Monday, May 31, 2010

Where the blame belongs

By Creature

Dennis G:

The oil spill in the gulf is is just another result of snorting deregulation fairy dust with a Markets-Are-God hi-ball chaser night after night for decades. When you let industry capture regulators and dismantle effective governance, you guarantee a catastrophic failure. The spill is evidence of this, so was that mining disaster in West Virginia, same thing when it comes to that financial meltdown and the same thing will be true when the next system fails.

And when it does, like idiots, we will not blame the failed philosophy of the modern Conservative movement. Nope, we will blame President Obama, liberals and Democrats—because that is what we are used to doing. More than that, we will ignore facts and worry whether or not the optics of the response are right.

Finger pointing in the wrong direction is what the Beltway does best.

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  • when you let the energy industry set it's own rules (deregulate), you get the Gusher in the Gulf,
    when you let the financial services industry set it's own rules, you get the economic mess we are in,
    when you let the health insurance industry set it's own rules, you get the most expensive and least inclusive healthcare in the world.

    By Anonymous joe in oklahoma, at 11:59 AM  

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