Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Greed Behind BP, Mine Disasters

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Topic Forums » Labor Donate to DU
 
Omaha Steve Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-16-10 06:38 PM
Original message
Greed Behind BP, Mine Disasters

http://blog.aflcio.org/2010/06/15/greed-behind-bp-mine-disasters/

United Steelworkers (USW) President Leo W. Gerard and Mine Workers (UMWA) Cecil Roberts take on the root of all evil behind the nation’s disasters in this crosspost from the Campaign for America.

As oil mucked the Gulf of Mexico and families mourned 11 dead rig workers, BP officials proclaimed that the corporation’s priority always was safety. This tracked the tack taken by Massey Energy, whose officials also declared safety was paramount after an explosion in the corporation’s Upper Big Branch mine killed 29 workers.

CEOs commonly make such incongruous assertions to protect profits after corporate-caused disasters. They’re driven by the same factor that is fundamental to the catastrophes—greed.

Nothing wrong with that, right? Not in a society that has converted greed from a vice to a virtue. Not in the place that inspired the book, “Greed is Good: The Capitalist Pig Guide to Investing.” Surely it’s no problem in the land where “Greed” has its own game show on Fox and where Ayn Rand, the “money-is-the-root-of-all-good” philosopher, reigns as Republican queen long after her death…

in the midst of the Great Recession caused by Wall Street recklessness, has repeatedly delayed renewal of unemployment benefits and now is terminating federal health insurance support for the furloughed middle class.

Middle-class workers are the ones who die in coal mines and on oil rigs.

FULL story at link.



Printer Friendly | Permalink |  | Top
randr Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-16-10 07:14 PM
Response to Original message
1. Due to lax regulations
Predatory corporations thrive where ever corrupt governments allow them. Because these corporations can buy legislators and literally write the rules they have become pervasive.
That is why a minor oil corporations, like BP, can assume such power over the people who are supposed to be regulating them and the actual people who do their dirty work.
When you let the fox in the hen house the worst of foxes come home to roost.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Thu May 02nd 2024, 08:15 AM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Topic Forums » Labor Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC