Greasy Mess

Oil continues to gush into the gulf after a blowout, fire and sinking of an oil platform. BP was drilling an oil well 5000 feet under the gulf. Something went wrong while preparing to change from a drilling platform to a extraction platform. Eleven people lost their life. Multiple reports indicate warning signs ignored and shortcuts to save money by BP. So far all attempts to stop the powerful underwater oil flow have failed. Two relief wells are currently being drilled. A relief well has been described as a proven strategy for success, but it will take some time to drill. Some democrats have criticized the white house for not taking more control. No surprise that some people think government is the best answer. Many republicans have also called for the federal government to take control from BP. Calling on the white house to use the expanded powers of the federal government given to them by President George H.W. Bush`s administration in 1990. Some saying the white house should have taken control on day one. Criticizing the government for not commandeering private boats. Socialism is not the answer, free market capitalism is. And not the corrupt capitalism in name only that has plagued America in recent years. I am tired of people who promote themselves as free market capitalists, but when something goes wrong they want to fund and bailout the failure. BP is financially a very successful company, they do not need a tax payer bailout. BP has the expertise in oil drilling, not the federal government. If they are not happy with BP`s efforts, then start public push to get another company to take over. Or encourage public access (possibly on the internet) to finical bids to stop the oil eruption from the other private companies. Louisiana Governor Bobby Jindal has been trying to get the federal government to sign off on the funds to build sand barriers. Why is he not asking BP? Let me guess, BP wants the government to handle the bills. Then if costs get too high, BP will file for bankruptcy without ever paying for any cleanup. If companies are not responsible for their mistakes, they will not have a financial incentive to prevent accidents. How many companies would go for all or nothing, when all is huge profits to reflect the risk involved and nothing is no obligation to be responsible for that same risk? How many professional gamblers would America have if no one had to pay for their loses?