On the occasion of the BP oil spill disaster, President Obama’s delivered an Oval Office speech last night-a masterpiece of milquetoast faux-outrage. The speech was all about “clean energy” and “ending our dependence on fossil fuels”. Faced with the BP oil spill-likely the most severe environmental disaster ever-this was President Obama’s response: Polite outrage, and vague plans to “get tough”, “set aside just compensation” and “do something”. President Obama missed what the BP oil spill disaster is really about. Though unquestionably an environmental disaster, the BP oil spill is much much more.
The BP oil spill is part of the same problem as the financial crisis: The BP oil spill and the banking crisis are two examples of the era we are living in, the era of corporate anarchy.
Corporate Anarchy