- Sikeston singer moves on with 'The Voice' (10/16/17)
- Past Rowdy the Redhawk mascot's identity revealed (10/15/17)
- College algebra to be removed from Southeast required curriculum (10/10/17)1
- Cancer will 'change your life, but it doesn't have to rule it' (10/8/17)
- Police chief, council: Cape Girardeau faces growing gun violence (10/17/17)4
- Developer asks court to OK tax district board for improvements near Hobby Lobby (10/17/17)4
- Bills addressing equal child custody to be filed, legislators say (10/13/17)
- Cape Christian School burglarized (10/18/17)
- The last person to be laid to rest at Old Lorimier Cemetery: Mary Russell Fox (10/17/17)2
- Load shift kills Jackson trucker (10/17/17)
Legislation favors BP
Many have propagated the notion that the Gulf region oil spill is the result of a nonexistent unregulated free market.
BP met or exceeded every single federal regulation. As is always the case, regulations fail to protect property rights. Government regulations are about control and submission, not protection.
BP and the federal government realized all of the benefits of oil extraction and regulation. Because of a lack of property boundaries, the Gulf is now damaged for all.
Through favorable legislation from their politicians in Washington, BP may be excused from paying full restitution to the victims of the oil spill. Taxpayer-funded bailouts and protection through liability limits would not exist for corporations in a genuine free-market economy favored by Libertarians. This would have been enough for BP to ensure that every safeguard was in place for the prevention of a spill.
'Vandeven For Congress' at Facebook.
RICK VANDEVEN, 724 Helen Ave., Chaffee, MO 63740