The Fourteenth Banker Blog

June 15, 2010

BP Blowout End Game

Filed under: Running Commentary — thefourteenthbanker @ 8:34 AM
Tags: , , ,

This link provides more detail on the well situation than you will ever read in the press. I cannot vouch for its reliability but it seems to pass the smell test and is well documented.

Tonight the President will go on television to discuss damage control. Environmental damage control, political damage control, economic damage control. But beware the illusion of control. We are all oftimes captured by it. You cannot control all consequences. If this posted link is accurate, we may have met a catastrophe on a scale we have not seen in centuries.

It was preventable. The causes and conditions which led to this disaster must be struck from our society.

http://www.theoildrum.com/node/6593#comment-648967

We will see tonight if the President dances around or blusters or puffs up. What I hope we see is wisdom and vision. Anything less is a failure.

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