Thursday, June 10, 2010

Free Market, Not a Free for All

You've got to wonder, how long will media outlets continue to have the underwater shot of oil gushing into the Gulf of Mexico. It continues to be one of the top 3 videos every night. Will this last into the fall as they say the leak itself will?

This whole story is depressing and disgusting. It's now coming to light that this was not quite the "accident" that we were first led to believe. It seems that BP cut corners. They kind of fudged on safety in order to pump a little faster. Lives were put at risk because money seems to always be the most important thing to a lot of corporations.

Eleven people who were doing work for BP died because some things weren't done the right way. It was more important to the people in charge to get that oil out of the ground than it was to make sure workers had safe conditions. More oil meant more money and that means happy shareholders.

Well now, a lot of people are going to pay for this new chapter of corporate greed. People who make their living of the Gulf are going to be paying for decades to come. Does this sound familiar? Haven't we traveled down a road like this before? The chairs are still warm in Congress where bank CEO's just got through testifying about their greed. And, yeah, a lot of people are paying dearly for that little "accident" of betting on the market.

You know, capitalism is a good thing. It works better than other systems. However, some people don't always play fair. Some people want to bend the system and that's why regulations need to be in place. It's not a question of more or less regulations. The fact is that regulations that do the job have to be there. The free market can not be free to regulate itself. Sometimes, too much is at stake.

A lot of people in this country are going around screaming about too much government. It's not going to be too much government if the government does the job of watching out that people don't get screwed by companies that don't want to play by the rules. It's kind of ironic that many people who complain about big government start looking for the government to do something when something like this oil spill happens. Well, we do need the government to do something. They need to enforce the laws and regulations we have governing the way we do business. That doesn't mean stopping business from growing. It means making business fair and safe for everyone.

We shouldn't have a fear of too much government, we should make sure we have enough government.

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