Once again we find ourselves in a vast predicament. Have to have
the oil to ‘survive’ and have to contain it to survive. As the attached video explains ( http://cnn.com/video/?/video/us/2010/04/29/cb.oil.spill.impact.update.cnn) we are looking at a huge portion of America’s shrimp beds being compromised not just this year but most likely for years.
It seems to me from watching the coverage of the response to the oil derrick explosion and spill, there was an assumption that the spill could be contained via, in simplistic terms, ‘turning a valve’. I believe my daughter even when she was 6 years old could have advised those responding to the spill that the likelihood of being able to turn that valve was nil since, of course, it was awash in oil not to mention gushing oil at the rate of thousand of gallons per day. (Those of us who tried to manipulate anything when something was just covered in oil know that it is next to impossible.)
So that brings us to the question; why wasn’t anything being done to curtail the spill day one? My guess is that the process was so far removed from ground zero, since everything these days are outsourced that it took a while to understand the intensity and dimensions of the problem. And, there’s always the high probability of lack of concern and thus lack of sense of urgency.
So that takes us to the crux of the problem , it seems, in this situation and the Goldman Sachs/Wall Street situation is a lack of concern for the consequences of taking such huge risks. In both cases the risk modifier which could have been in place in the form of governmental rules and regulations were not due to the idea that there should less regulations in government for the market to flourish. This idea provided by and encouraged by corporations whose bottom line is dictated to making as much money as possible without taking into consideration the consequences posed to their customers or should we say their serfs because in many ways we serve the company by not demanding and receiving appropriate regulation.
Government’s reason for existing is to govern, to maintain order. What would happen if we decided to deregulate the highways – I’m thinking chaos on a large-scale – hmmm – isn’t that what we have in the Gulf of Mexico and what we could have on Wall Street if government doesn’t step up to actually regulate these large entities that can do massive damage to our world.
If you’re interested in volunteering to protect the Louisiana shore or want to follow what the government is doing in response to the spill click on the following link. http://www.deepwaterhorizonresponse.com/go/site/2931/