Originally Posted by Fiero 5.7
Unfortunately, the arguments between government control and free market and socialism and capitalism frequently go from one extreme to another. Due mainly to the often heated debates on this forum, I have come to the conclusion there are valid arguments for each and that the various philosophies can work together. It's merely a question of balance. Nobody will get all they want. In applying your paragraph above to the BP incident, there are conditions that need to be taken into account. Firstly, the BP rig is on an area that is claimed, controlled, and the responsibility of the United States Federal Government. Secondly, by our law, the Feds have the responsibility to police and protect the environment in the area, regardless of who makes the mess. That doesn't mean BP doesn't have to try to clean it up but it does mean that the Feds have a duty and a responsibility to make every effort to contain and control the spill. Thirdly, apparently the rig met and was operated under, at the very least, the minimum operational standards required by the Feds to drill in that area.
The criticism of the Fed's handling of the BP blow out is justified to a large extent. They have environmental responsibility in an area they want to control being used by an industry that must operate under the controls, standards, and regulations of the Federal Government.