Dazed and Confused!

I have to admit that between pro-gun weirdness, climate change denial, and not putting more blame on BP (and the rest of the oil drillers) for the mess in the Gulf of Mexico.

Somewhere in all this came in the fact that the North Sea Oil rigs have worse anti-spill technology than in the Gulf.

Actually, there’s a bit of a link in here. US pro-gun weirdness and climate denial are being funded by the Cato Institute, which somehow gets left out of the equation. The “pro-gun” crowd will mention that the Joyce Foundation funds various gun control groups, but they neglect how much funding comes from the Cato Institute. On the other hand, one of Cato’s founders is a billionaire co-founder of Koch Industries (Charles Koch)–the largest privately owned company in the United States. Though diversified, the company amassed most of its fortune in oil trading and refining, which explains why it is big on funding the climate change denial industry!

In case you missed it, Cato has also been bankrolling the two Supreme Court gun cases: DC v. Heller and McDonald v. Chicago.

Cato demonstrates why I have a big problem with libertarianism: it’s confused. Whose rights are more important gun owners, or property owners who don’t want people carrying guns on their property. So, while most of the Cato foundation’s financial support from entrepreneurs, securities and commodities traders, and corporations such as oil and gas companies, Federal Express, and Philip Morris that abhor government regulation; however, the foundations Cato’s corporate fund-raising may be hampered by its scholars’ tendency to take positions that are at odds with some of the interests of some large corporations: in particular the concept of “corporate welfare”. The Cato Institute has published numerous studies criticizing what it calls “corporate welfare”, the practice of funneling taxpayer money to politically well-connected corporate interests.

Something that alienates its supporter base.

Anyway, the real point here is corporate responsibility, which is something that Cato abhors. The fact that they are anti-regulation should make people question their motives. And the BP Deep water drilling disaster highlights the need for corporate responsibility. I believe that people were assured that the technology existed to handle any problem which might arise from a deep-water oil platform, or so one would hope. Unfortunately, it seems that the technology seems to be as primitive as that which existed when the Torrey Canyon struck Pollard’s Rock back in 1967 and everybody is making a gigantic mess of the Gulf of Mexico.

Of course, everyone is forgetting the slogan “drill, baby, drill”. The fact that it was chanted by Sarah Palin makes it even more ironic since Ms. Palin comes from the land of Exxon Valdez.

The Petroleum industry is an incredibly lucrative one as BPs ponying up US$ 20 Billion without blinking shows. So, it’s obvious that someone who made his money from oil trading and refining might be able to pony up large amounts of money to ensure his interests were protected. In fact, we are talking about companies which are hostile to the worker’s interest, but they have managed to dupe the working class most effectively with issues such as gun rights and abortion.

The problem is that there is no real left wing party in the US and politics seems to favour the right and corporate interests. It interesting that a campaign finance reform act would exempt the NRA from any financial disclosures!

I am truly amazed that there is no viable left wing political party in the US to press for corporate responsibility!

But we need to remember the golden rule:
The person with the gold makes the rules

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