Old Rocks
Diamond Member
In the last two years we have seen two catastrophes driven by corperate greed and incompetance. The near collapse of the world's financial sector, and the present fouling of the Gulf of Mexico.
In both cases, the driving factor for the corperations was greed, irregardless of the consequences. The people in the financial corperations never considered the eventual impacts of their actions, just looked at the billions they were racking up daily. BP never even considered the possible cost of not installing that $500,000 dollar valve. Or the consequences of the many other shortcuts that were taken on that drilling rig. Enough shortcuts that the possibility of a disaster became a certainty of a disaster.
Is there any reason to allow any major corperation to operate without intensive oversight and regulations? Can we afford not to keep a short leash on these people.
In both cases, the driving factor for the corperations was greed, irregardless of the consequences. The people in the financial corperations never considered the eventual impacts of their actions, just looked at the billions they were racking up daily. BP never even considered the possible cost of not installing that $500,000 dollar valve. Or the consequences of the many other shortcuts that were taken on that drilling rig. Enough shortcuts that the possibility of a disaster became a certainty of a disaster.
Is there any reason to allow any major corperation to operate without intensive oversight and regulations? Can we afford not to keep a short leash on these people.