Weekend wound up

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Teabagger Rand Paul thinks there should be no laws to prevent companies like BP from destroying the gulf coast through their stupidity and greed. He says things would eventually turn out just fine if business could do whatever it wants without government meddling. He's probably right. In the long, long, long, long, long, long run, the human race will be extinct. The baggers want to go full speed ahead. Maybe they have a point. Maybe we should just go ahead and put ourselves out of our misery.

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The biggest factor in the gulf disaster

The $75 million liability cap that our government put into place.

If companies had more exposure to the costs of environmental damage, they would behave better.

Of course, far be it for our government not to be in the back pocket of companies. Folks have gotten so used to our government protecting big business that they don't realize when the government steps in the "regulate" and "protect" something, those regulations and protections almost always benefit industry.

If Rand Paul wants to get rid of laws that shields companies from the consequences of their actions, more power to him.

Let's Keep It Honest

Rand Paul thinks there should be no laws to prevent companies like BP from destroying the gulf coast through their stupidity and greed.

Unfortunately, it is posts and comments like these that give progressive liberals a bad name. We're supposed to be a little smarter than this. The fact is if one truly understands the libertarian slant, which I believe would be an accurate assessment of Rand Paul's beliefs, then one must understand that Libertarians believe in the Common Law which is applicable anytime one interferes with another's life, liberty, or pursuit of property. BP was operating under numerous federal laws and regulations and there was still an accident, so let's not pretend that regulation or laws prevent accidents. However, the Common Law is more than sufficient to ensure that BP pays for all clean-up operations and is liable for any and all damages that result from the accident - about the same thing that is currently occurring even with the mass amount of needless taxation that supports the worthless bureaucracy that supposedly is in place to prevent this unfortunate occurrence in the first place. But, of course, the result of this will be nothing more than professional politicians talking the mindless sheeple into giving up more of their hard earned money in order to increase the bureaucracy overseeing business, thereby stifling job growth, which of course won't prevent future accidents. How predictable all of this nonsense is.

Wrong

However, the Common Law is more than sufficient to ensure that BP pays for all clean-up operations and is liable for any and all damages that result from the accident.

Not even BP has enough money to "pay for all clean up operations." From all I can tell, we are looking at an environmental and economic disaster that will not end for the fishing industry, the tourism industry, and even your darling real estate industry.

If one truly understood the Libertarian slant one would have to truly understand of pure fantasy, which is, of course, an impossible contradiction in terms. Fantasy is like religion, believe it if you want, but don't expect everyone else to go along. Atlas Shrugged is fiction, just like your other Bible.

James (aka BlueNC)