5 ms·
The best way to read this article is to start at the end and read backwards. I didn't at first recognize the recently and Orwellianly rebranded name (in the wa
by bfe 15y ago
The best way to read this article is to start at the end and read backwards. I didn't at first recognize the recently and Orwellianly rebranded name (in the wake of disastrous publicity) of the federal government's agency that's supposed to be in charge of regulating companies involved in offshore drilling, but this is the same agency whose personnel has recently been implicated in not just being figuratively in bed with, but literally having sex with, people from the offshore drilling companies they're supposed to be regulating (and snorting cocaine with them too). You just can't make this stuff up.
And so extreme is the apparent regulatory capture that a scientist who works for the agency and reports seeing dead polar bears gets interrogated and then suspended by his employer.
http://www.mcclatchydc.com/2008/09/10/52243/oil-companies-gave-sex-drinks.html http://www.mcclatchydc.com/2008/09/10/52243/oil-companies-ga...
http://www.nytimes.com/2008/09/11/washington/11royalty.html http://www.nytimes.com/2008/09/11/washington/11royalty.html
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/10/AR2008091001829.html http://www.washingtonpost.com/wp-dyn/content/article/2008/09...
- bfe 15y agoOK sorry to comment on my own comment but I've been reading up on this the past couple hours and I once again call total bullshit on the Obama administration. I made several donations to the Obama campaign but like so many others I have been terribly disappointed at what a flimsy useless ballsack he has been at actually walking the walk and even ensuring a halfway decently basic level of adult functionality in the federal government. How hard is it after two and a half years in office to have an agency that isn't still figuratively if not still literally spreading its legs wide open for the industry it's supposed to be regulating.
- brazzy 15y agoThe US Federal government employs 2.5 million people. Promising significant changes in such a gigantic organization is one thing, actually achieving them quite another, no matter how well-meaning or competent one is...
- dantheman 15y agoThe problem is that one thinks that they can control and manage such a large organization. There are inherent structural dynamics that will always come to fore. “The curious task of economics is to demonstrate to men how little they really know about what they imagine the can design.” F. A. Hayek