Time to take on the corporate predators

[Hannah Bell]

“Where I was wrong,” said President Obama at his press conference on Thursday, “was in my belief that the oil companies had their act together when it came to worst-case scenarios.”

With all due respect to the president, who is a very smart man, how is it possible for anyone with any reasonable awareness of the nonstop carnage that has accompanied the entire history of giant corporations to believe that the oil companies, which are among the most rapacious players on the planet, somehow “had their act together” with regard to worst-case scenarios...

The U.S. will never get its act together until we develop the courage and the will to crack down hard on these giant corporations. They need to be tamed, closely monitored and regulated, and constrained in ways that no longer allow them to trample the best interests of the American people.

Mr. Hayward of BP was on television on Friday referring to the Deepwater Horizon explosion and subsequent fouling of the Gulf of Mexico as a “natural disaster.” He was wrong, as usual. Like the unholy alliance of government and big business, this tragedy set in motion by Mr. Hayward’s corporation is a grotesquely harmful and wholly unnatural disaster.

http://socialistworker.org/blog/critical-reading/2010/05/29/time-take-coporate-predators

[Usrename]

1. It's probably too late.

We should have taken them on decades ago.