Thursday, May 27, 2010

We are all socialists now!

At least when it comes to the oil spill.

E.J. Dionne Jr. writes in The Washington Post today:

"Deregulation" is wonderful until we discover what happens when regulations aren't issued or enforced. Everyone is a capitalist until a private company blunders. Then everyone starts talking like a socialist, presuming that the government can put things right because they see it as being just as big and powerful as its Tea Party critics claim it is.

But the truth is that we have disempowered government and handed vast responsibilities over to a private sector that will never see protecting the public interest as its primary task. The sludge in the gulf is, finally, the product of our own contradictions. 

Indeed.  Read the entire article here.

[Hat tip:  Daily Kos.  Image via]