http://www.bloomberg.com/apps/news?pid=20601039&sid=aAi6Wd3UWshgCommentary by Margaret Carlson
May 27 (Bloomberg) -- Big government? Bring it on, to borrow the words of our previous commander-in-chief.
Those looking for bipartisan consensus in a fractured Capitol need look no further than officials of both parties pounding on the federal government’s doors to stop the oil spill in the Gulf of Mexico.
Once “Drill, Baby, Drill!” begat “Spill, Baby, Spill,” Republicans pressed comparisons with Hurricane Katrina and berated President Barack Obama for not doing more. Yet all the king’s horses and men couldn’t put this blowout back together again. It was too late to order up the needed safeguards, the ones anti-regulatory conservatives say hamstring our wonderful free-enterprise system.
An inspector general’s report out this week reveals what decades of deregulation had wrought before Obama took office. The Minerals Management Service at the U.S. Interior Department was staffed by employees more interested in currying favor with industry than regulating it. Parties, trips (one to the Peach Bowl), sex, drugs, and gifts were commonplace.
The rest at the link.