Thursday, May 27, 2010

BP Oil Gusher

I am truly bewildered by the government's decision to sit back and watch the oil continue to flow into the Gulf of Mexico. I realize this is BP's fault. I do not debate that. The problem is that it is not solely BP that will suffer. Our ecosystem will suffer. The United States economy will suffer. The following industries will also be affected: Fishing, tourism, boating, and restaurants. You should also plan to pay more for lower quality fish if you plan on purchasing fish generally harvested from the gulf. You will most likely buy fish from a country that generally fails inspections made on their seafood.

If this were a problem that only impacted BP I could understand the government letting this happen, but the implications are much more far-reaching. I am generally against government intervention into anything, but this is not the time for the president to sit on his ass and chastise BP. This is the time for them to step in and plug this gusher. They can even bill BP for the cost. I just find it interesting that there isn't a shut-off valve anywhere before the rupture.

It seems to me that this administration only steps in when it is beneficial to them. They took over GM and they were able to close down the dealerships that contributed to their opposition, they were able to reward their supporters with decreased competition, and they appointed their friends to high-level positions within the company.

Maybe if BP had offered to allow Obama to appoint his fundraisers to high-level positions this problem would have been solved immediately.