once upon a time, pogo said......
every thing that happens does so as the result of other things happening. back in the early part of the century when gw bush and (he's a) dick cheney the regulations pertaining to the oil business were relaxed across the board. not only that members of the mms were chummy with the oil companies and often went right to work for them after leaving the government. those still our the national payroll were, according to recent press releases, using drugs and watching porn while at work. they took bribes oh, excuse me, gifts, from the oil companies such as dinners, nights at the theaters and baseball tickets.
british petroleum has been one of the major culprits when it come to safety regulations and their two refineries in the united states accounted for 97% of all the complaints regarding that industry. 97%.!!!! their refinery in houston exploded killing 30 people and they paid hundreds of millions of dollars in fines but they did not fix the problems and paid hundred of millions more. they paid the highest osha fine ever levied against an oil company.
so why are we surprised when a bp well blew up in the gulf and threatens to engulf the whole region in a disaster that may take decades upon decades to recover from? who would have thunk it??? an unregulated, greedy, accident prone, foreign oil company that has a history of safety violations, drilling for oil in an area that USED TO BE off limits, right off the gulf coast where the environment is especially fragile all at a mile below the sea where apparently no-one has a clue as to what to do if something goes wrong. WHAT DID WE EXPECT TO HAPPEN? with all of that, a disaster such as the one we have had to happen eventually. it had to; what else could have happened? if not this time, the next or the one after that...but it was going to happen. and now it has. and it may take us a hundred years, if ever, to recuperate from it.
we let bush deregulate the oil companies and then to really top it off, deregulate the financial markets as well. what could wrong with that? and then to make sure that every last dime was extracted from the unsuspecting american public, the whole propaganda system went into full tilt boogie and convinced the aforementioned public that the price of homes really did go up 20% or more per year (while wages remained stagnant) and would do so, why fucking forever..don't you know. FLIP THIS HOUSE! GET A SECOND MORTGAGE! it will keep going up. hey, here's and idea, let's let people with poor credit buy homes at inflated prices and then have their payments quintuple up in a couple of years. what could go wrong with that? sure they couldn't pay their bills before (hence the bad fucking credit) but somehow, miraculously (hey this is america..don't cha know, all things are possible..lol) they would find a way to pay the huge payment coming due. and then bundle up these toxic mortages together and sell them to someone else as, are you ready for the punchline???.......(drum roll please....)..an INVESTMENT!
we are in the shape we are as a country because we as a people weren't fucking paying attention or as pogo said, "we have met the enemy and it is us."
british petroleum has been one of the major culprits when it come to safety regulations and their two refineries in the united states accounted for 97% of all the complaints regarding that industry. 97%.!!!! their refinery in houston exploded killing 30 people and they paid hundreds of millions of dollars in fines but they did not fix the problems and paid hundred of millions more. they paid the highest osha fine ever levied against an oil company.
so why are we surprised when a bp well blew up in the gulf and threatens to engulf the whole region in a disaster that may take decades upon decades to recover from? who would have thunk it??? an unregulated, greedy, accident prone, foreign oil company that has a history of safety violations, drilling for oil in an area that USED TO BE off limits, right off the gulf coast where the environment is especially fragile all at a mile below the sea where apparently no-one has a clue as to what to do if something goes wrong. WHAT DID WE EXPECT TO HAPPEN? with all of that, a disaster such as the one we have had to happen eventually. it had to; what else could have happened? if not this time, the next or the one after that...but it was going to happen. and now it has. and it may take us a hundred years, if ever, to recuperate from it.
we let bush deregulate the oil companies and then to really top it off, deregulate the financial markets as well. what could wrong with that? and then to make sure that every last dime was extracted from the unsuspecting american public, the whole propaganda system went into full tilt boogie and convinced the aforementioned public that the price of homes really did go up 20% or more per year (while wages remained stagnant) and would do so, why fucking forever..don't you know. FLIP THIS HOUSE! GET A SECOND MORTGAGE! it will keep going up. hey, here's and idea, let's let people with poor credit buy homes at inflated prices and then have their payments quintuple up in a couple of years. what could go wrong with that? sure they couldn't pay their bills before (hence the bad fucking credit) but somehow, miraculously (hey this is america..don't cha know, all things are possible..lol) they would find a way to pay the huge payment coming due. and then bundle up these toxic mortages together and sell them to someone else as, are you ready for the punchline???.......(drum roll please....)..an INVESTMENT!
we are in the shape we are as a country because we as a people weren't fucking paying attention or as pogo said, "we have met the enemy and it is us."
posted by Ron Shock | 7:57 PM
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