re: #357 Bagua

Nope. Read my post, I’m not blaming one particular party, I’m pointing out that blaming the GOP and “deregulation” is also false. The blow out was primarily a mistake by BP, but BP could not act alone and the drilling industry is heavily regulated. Thus it was very much a regulatory failure, not a lack of regulation.

Regulatory failures can equate to lack of regulation. When regulations simply get bypassed, it’s effective deregulation.

In addition, BP simply lied about their ability to deal with spills like this, which is something that’s kind of hard to catch. When corporations are willing to engage in baldface lying, it causes an additional, gigantic challenge for regulators.