I am sure that you have heard of the current oil leak in the Gulf of Mexico. If you haven’t, here is a link – please come back after you have caught up with current events.
I am just aghast at how stupid these companies are. Current reports are that they didn’t install an “acoustic switch” on the well. From NewsInferno:
The Deepwater Horizon oil rig that exploded last week was not outfitted with a safety device that might have prevented the massive oil spill now nearing the U.S. Gulf Coast. The device, known as an acoustic switch, is a last-resort protection against underwater spills, and is required by regulators in Norway and Brazil. Unfortunately, the U.S. has no such regulation for oil wells operating off of its shores.
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A lot of noise was made about how George Walker Bush ruined our relations in the international community. I have discounted this since international relations are always opportunistic and this is a perfect case in point.
Mexico has been a close friend to the United States for decades. The President of Mexico was always warmly greeted by GWB and I am sure that Barack Hussein Obama will greet him warmly as well. But the confusing signals that BHO has sent on NAFTA combined with the foolish blocking of Mexican trucks (surely a concession to the politically powerful Teamsters) have triggered a needless and foolish international crisis and show the lack of multi-dimensional thinking that is required to run this country.
Now this foolish move is going to cost us billions in tariffs on goods that we ship to Mexico. Hurting our economy by violating NAFTA in a down economy is not something we should be doing. Offending our international friends is also something we shouldn’t be doing.
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