Great article called “Disasters are about people and planning, not nature’s pomp” in the April 24th Economist magazine. The Economist is writing about the volcanic ash and flying or not flying to / from / within Europe. Of course, the question is, “was all this chaos man-made – an immense and costly overreaction by regulators to a spectacle that posed only a minor and manageable risk?” The right people better figure out the answer to that question.
Now think about the BP oil spill disaster. Thank you Halliburton, BP, Transocean, and the U.S. regulatory systems.
Thank you – all 4 of you – for oh such typical incompetence, disregard for the long-term, capitalistic fervor where money is more important than anything, and the blame game.
Disasters are about people and planning… I agree with the Economist. Obviously, the big 4 didn’t do good enough preventative planning. Did they do any preventative planning? Obviously, the big 4 didn’t do much “what if something bad happens” planning. I don’t think they did. And if they did, their intervention planning was pretty damn poor, really damn poor.
By the way, more news later this morning: Rumor has it that BP and its compatriots apparently don’t know what else to do. No more ideas.
It’s tough to decide who to hate more: BP, Transocean, Wall Street, mortgage companies and banks, U.S. regulatory systems of all and every kind. They all disgust me.