johnny9fingers: (Default)
johnny9fingers ([personal profile] johnny9fingers) wrote2010-10-29 10:29 am
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And more....

This is why we need governments and oversight and regulation:

uk.news.yahoo.com/22/20101029/tts-uk-oil-spill-cement-ca02f96.html 

The BP Deepwater Horizon spill has been a salutary lesson in pointing out the oil industry's inability to regulate themselves, much in the same way that the banking crisis showed that banks were incapable of sound behaviour without regulation.

However, we're not going to regulate either. Trebles all round, last man left standing is the winner.

[identity profile] johnny9fingers.livejournal.com 2010-10-29 10:53 am (UTC)(link)
It's beginning to look like the design and construction of the Deepwater oil rig was flawed from the start.

Less regulation, now!