Tag Archives: Free Market

Emil Guillermo on the BP Spill: Don’t blame Big Government–blame the free market

Maybe we just needed a spill of such horrific proportions to come to our senses.

When stuff happens we want, we demand, that government take care of us.

But Deepwater Horizon isn’t so much a failure of Big Government to be in charge, it’s a stark realization at what de-regulation and a lax of oversight will do.

We have allowed Big Government to fail because the small government folks distrust the oversight. Leave it to the oil companies to police themselves.  As I write that, why does that sound stupid? 

So small g. folks allow the  free market to run amok and let  the likes of BP to do what it will without a net.  Just a net profit,  about $14 billion or so last year.

Sooo much better.

Even in crisis, the failure of the free market was colossal.  BP’s efforts  were unremarkable. 40 days? 20 million gallons later does it deserve to stay in business? And where were the free market resources to come together to solve the problem?

Someone could make some good money being a hero here. That’s the free market dream.

 Two guys in a garage could have come up with a better “TOP KILL” sooner, maybe? Instead, we had people with those pathetic looking   restraining tubes trying to herd the oil plume like stray cattle.   

Maybe BP was praying for IRON MAN  in full regalia to swoop in and  sit on the thing?

What was the free market response?  It said, “Not my problem. Especially with a 4 day weekend coming up.”

So what’s the score:

Free Market , zero.  Big Government, trying.

Obama tried to cap the political hole yesterday.  But his “TOP KILL” didn’t do much for me either.

Re-regulation.  Moratoriums. Those are the easy solutions that should have already been in place.

We need an aggressive clean up combined with a comprehensive energy plan.

Our oil addiction is a killer. The spill, the video, “Top Kill”, just a massive wake-up call as we trudge along in our oil dependent stupor.