Shallow Draughts Intoxicate the Brain

May 30, 2010

A "little learning" from Susan Gardner at the Daily Kos yesterday:

Surprise! The head of the U.S. Chamber of Commerce doesn't want regulation in the wake of the BP disaster! And he doesn't want the liability cap raised! But the government should pick up a share of the tab for the spill! Holy Batman! Ain't the free market and unfettered capitalism grand!

But clicking largely (with some italics) sobers us again:

U.S. Chamber of Commerce President Tom Donohue on Friday cautioned against putting too many regulations in place in the wake of the British Petroleum oil spill, saying there may not be enough information yet to make immediate, sweeping policy changes...Donohue said a better tack might be for the government to adopt a “calm resolve” to “A) stop the oil, B) clean it up and C) figure out what happened and [how we are] going to deal with it.” (Politico)

The president of the U.S. Chamber of Commerce said Congress shouldn't raise liability limits retroactively in the wake of the BP oil spill, calling it "not right." (Legal Times)

“It is generally not the practice of this country to change the laws after the game,” said Tom Donohue, the president of the U.S. Chamber of Commerce. “. . . Everybody is going to contribute to this clean up. We are all going to have to do it.  We are going to have to get the money from the government and from the companies and we will figure out a way to do that.” (ABC News)

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