- Longtime downtown Cape bartender Marcellus Jones remembered by friends (6/12/18)2
- Peter Kinder resigns federal agency post, concludes position unnecessary and waste of tax dollars (6/16/18)2
- Stormy Daniels to visit East Cape Girardeau (6/13/18)20
- Singer Neal Boyd dies after struggle with health issues (6/12/18)1
- Feeding deer in Bollinger, Cape and Perry counties prohibited soon to help curb spread of CWD (6/13/18)7
- Cape man charged with stabbing, killing dog for revenge (6/8/18)9
- Couple charged in beating death at Brick's (6/13/18)
- A community rallies behind Honorable Young Men's Club (6/16/18)
- New Zaxby's restaurant open in Cape (6/13/18)3
- New urban dance studio opens on Broadway (6/15/18)2
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