Showing posts with label obama. Show all posts
Showing posts with label obama. Show all posts

Friday, 23 July 2010

Drilling for oil

The US government has named BP as the responsible party for the explosion on the Deepwater Horizon oil rig that has lead to the devastating oil slick spreading around the Gulf of Mexico. The perception is that it BP owns the rights to the Macondo Prospect so it is all their fault. But that is not entirely true.

For the Americans BP is a handy scapegoat. It is a foreign company-only 40% owned by Americans and American investors has a reputation for shoddy health and safety practices, and corner and cost cutting.

It didn't help that the CEO of BP, a man easy to write off as a chinless wonder with a penchant for putting his foot in his mouth tried to downplay the volume of the oil leaking into the Gulf.

In the face of rabid demands for action by the American public politicians are getting in on the act and are turning up the blow torch on BP to stem the leak and clean up the spilled oil that threatens to devastate marine and marshland ecology's in the region and destroy tourism and fishing industries for generations to come. But it is not that easy fix a gusher thousands of meters below the surface of the sea.
And all is not all that it seems in the murky world of oil industry and American politics. Not least that on the one hand America has an insatiable lust for oil but not for the by products of the oil extraction process when things go wrong.

It has also emerged in the last few days that a number of sensor alarms had been turned off on the rig at behest of Transocean staff and after the explosion a blowout protector didn't engage after the explosion. Hardly BP's fault since Transocean owned and largely staffed the rig.

So three months after the oil well explosion in the Gulf of Mexico that has allowed millions of litres of crude oil to leak into the sea the truth is starting to come out about who is actually to blame for this environmental catastrophe.

BP must bare a large chunk of the blame for the leak and the cleanup. They are the major shareholder in the consortium drilling the well. Who knows what that will cost them and whether they will even survive in their current form given the cost of cleanup and any fines that will result. But they aren't totally to blame and some other entities are soon going to come under the spotlight.
The interesting thing will be to see whether faced with the obvious lack of regulation of the drilling in the first place, probable corruption by local officials charged with oversight, and failure to to follow safety procedures by Transocean Americans face up to the fact that they only have themselves and their system to blame for the whole mess and the way the aftermath is being handled.

American politics at all levels seems so petty and partisan that it wouldn't be a surprise me that if at some time in the near future the whole country imploded into a number of ideologically pure warring mini states. Something like a continent of lawless nuclear armed Somalia's.

Tuesday, 11 August 2009

Obama's Healthcare Plan

I have been doing a bit of reading up on Obama's Health Care reform plan for a couple of reasons. One because I have become more or less addicted to reading the Drudge report and the report is dead against any health reform. Mind you the the Drudge Report seems to be against any kind of rational reform of the status quo.

The report is an unashamed champion of the lunatic conservative fringe, no unbiased reporting here. The report contains links to vociferous articles opposed not just to Health Reform but anything Obama. Some of the video taken at the so called town hall meetings is as sickening as it is interesting. Not just because you have some fat inbred loser screaming senselessly at a politician brave enough to show up. More because the tactics of opposition are reminiscent of the sort of strong arm thuggish actions that the Mullahs in Iran use against dissent. Or 1930's Germany.

The other reason I find this whole debate so interesting is that I find it difficult to comprehend that the US doesn't have some kind of universal health care for it's population. The most powerful country in the world has a dirty little secret. Well it's not a secret and they have more than one. America cannot ensure that all of it's population has access to decent health care.

An incredible 45 million people don't have health insurance, wastage possibly accounts for up to 30% of medical costs and more interesting still that despite all the money sloshing around in the medical economy doctors are not making enough money. So even if Obama waves his magic wand and there is a new affordable health care system there might not be enough doctors to go round.

If this is the result of a capitalist approach to medical care leave me with the socialist version that I am used to.

The US system appears to be unsustainable with the costs of health care insurance rising faster than wages growth and people simply being unable to afford cover and or being bankrupted after having to fork out for a major illness or accident.

Coming from a country where health care is a basic right for all and where the state run hospitals operate in an environment that also lets people purchase private health care I find it hard to understand that millions of Americans don't have this basic right. If I fall over and break my leg or get sick all is not lost I will taken off to hospital in an ambulance and treated no questions asked. If I have had an accident I will also receive 80% of my wages through a compulsory no fault insurance program that all working people pay into.

The opposition to reform makes a lot out of Obama's plan being anti Capitalist-read anti American and just another example of socialism taking over America by stealth.
But lets face it America doesn't have an economy that runs on pure capitalist principles anyway. Big business and the right wing just use this ideal to get their own way. If America was truly capitalist there would be a couple of big car makers and a few banks that should have gone down the gurgler over the last few months.

It seems to me looking in from afar that Health Reform is crucial for the American economy and the American people. Surely it makes good business sense to make people well as soon as possible and as cheaply as possible, and run health programs to improve the health of all those people with chronic (and to some extent preventable) diseases? And do all this at the best cost?

I guess all this would make sense but the Drug and Insurance companies and the large medical suppliers are more interested in their own profits not of the health of any one or group of individuals. That is free market capitalism.