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Tuesday, May 4, 2010
Idiot of the Day
Speaking at a conference sponsored by the U.S. Chamber of Commerce, Perry offered his theory to a reporter who asked if events such as the recent West Virginia mine disaster, the financial meltdown or the BP oil spill may have been encouraged by too much emphasis on free enterprise and lax regulations.
Who needs any regulations at all? Let's just let everyone do whatever they want. So what if it causes a catastrophy! Just the cost of doing buisiness. So what if fishermen loose the only work they have ever known. So what if beaches are covered in oil, just go to one of those countries that don't have oil.
As many have pointed out, however, BP has adamantly opposed expansion of industry oversight, and, perhaps most notoriously failed to install a shut-off switch that might have helped mitigate the crisis.