Market Watch WSJ piece

4 posts / 0 new

Did anyone see this? "An open apology to private corporations that have been wronged" Not only is the piece interesting, but do you notice that Steve Kerch, assistant managing editor who wrote it, uses "that" instead of "who". Wow, he doesn't believe in corporate personhood either.

http://www.marketwatch.com/story/a-sorry-state-of-affairs-for-private-corporations-2010-06-17?dist=countdown

CHICAGO (MarketWatch) -- I'm sorry. I'm sorry that I asked BP to clean up a few barrels of oil that leaked into the vast Gulf of Mexico. I'm sorry I made Toyota recall its cars just because some of them had minor mechanical difficulties. I'm sorry I shook down Union Carbide for a little gas accident in India.

I'm also sorry I asked for my money back at the Safeway because it sold me some rotten fruit. I'm sorry I demanded that AT&T send me a rebate for the savings it promised me when I moved to their phone service. And I'm so very, very sorry that I ever sent any of my purchases back to Amazon just because they sent the wrong item.

BP CEO Tony Hayward testifies

BP's chief executive testifies before Congress on the Gulf oil spill.

But I'm not sorry for Joe Barton, the Texas Republican congressman who also apologized to BP Thursday at a House hearing for the horrid way in which the White House is "shaking down" the oil giant for $20 billion that must go into a fund to compensate victims of the massive spill -- "a tragedy of the first proportion," he called it

No, I'm thankful to the good gentleman from the Lone Star State -- which by the way does all of us Americans a great service by pumping out the oil it does to keep our great corporate economy humming -- for reminding us of the important duty we have as U.S. citizens to honor and respect all private corporations and never, ever make any demands of them.

I'd forgotten that private companies cannot do their best work when fettered by things like laws and regulations. No doubt if BP hadn't had to deal with the government to get permits to build its rigs in the deep water of the Gulf this tragedy would never have happened.

How did we lose our way in this country like this? How have we forgotten that private corporations for years gave us so much, for instance the ability to employ children in textile mills, children who would have had no other opportunity to work, or to be sold delicious meat right off the slaughterhouse floor that otherwise might have been thrown away just because of a little dirt?

Well now we have Joe Barton to lead us back to those days of yore when our values were still righteous. I'm sorry he didn't speak up sooner.

victorygarden's picture
victorygarden
Joined:
Jul. 31, 2007 3:01 pm

Comments

lol

And are you sorry, victorygarden, for posting an article dripping with sarcasm? lol

SueN's picture
SueN
Joined:
Jul. 31, 2007 3:01 pm

Yes, well now I am. But sarcastic? Sad would be like it.

victorygarden's picture
victorygarden
Joined:
Jul. 31, 2007 3:01 pm

If you don't laugh, you'll cry

SueN's picture
SueN
Joined:
Jul. 31, 2007 3:01 pm

Latest Headlines

One Iowa Caucus Delegate Comes Down To Coin Toss

The Iowa caucus convener flipped a coin. Bernie Sanders supporters called "heads" and it landed on tails.

Bernie Sanders leads Hillary Clinton by 31 points in N.H.: Poll

Sanders was at 61 percent support in the University of Massachusetts Lowell/7News poll, followed by Mrs. Clinton, at 30 percent

Martin O'Malley suspends presidential campaign after Iowa caucuses

The announcement came after O'Malley barely registered in Iowa against his better-known rivals Clinton and Sanders, failing to meet already low expectations

Why New Hampshire Outcome is Bad for the TPP

Bernie Sanders and Donald Trump won big last night, but the real loser wasn’t the Republican establishment or Hillary Clinton: it was the Trans-Pacific Partnership and everything it represents.

At this point, it’s almost a cliché to draw comparisons between the Trump and Sanders campaigns.

Powered by Drupal, an open source content management system