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Video: Rachel Maddow and Rand Paul, Part 2

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iossarian5/21/2010 9:42:09 am PDT

re: #969 reine.de.tout

It’s been my experience that capitalists don’t deliberately blow up their very expensive equipment and trained people.

Say you have 100 oil rigs, and you know that by dropping a certain safety test you know that your profits will increase, even accounting for the fact that the risk of an explosion goes up 10% (i.e., you factor that risk into your profit projection).

I used to work in costing risk. Believe me, this is deliberate. BP knows what the risks and costs are associated with these safety procedures - they are compelled to find out by the profit motive.