ALL ROADS LEAD TO HELL IV
As we look at the oil spill in the gulf , BP i s promising to pay the expenses related to the clean up, and the Federal Government, ( congress, the senate, and the regulators) all promise to make you whole, to do a better job next time, etc.
The oil companies today were bouncing around , blaming each other for the mess, but in the end there is only one fact that matters. Sooner or later, you the consumer will pay a higher price for the product, diesel, gasoline, whatever. I t may be from 50 cents to a dollar higher than what it would have been, then there will be a higher cost for fish and shrimp oysters too.
Actually it is always the same , in all industries, be it peanut butter, lettuce, cars or oil, you the consumer always pay for the mistakes of the industry and not the share holders, the companies always jack up the prices, in the long run and you pay.
And it is not just the price of gas, as we saw in 2008, the price of everything goes up as the price of gas goes up.What this could do the recovery? If there was to be one. Could this " just one small spill could throw the economy back on its back? It is possible,
LIFE IS A GAME OF CONNECT THE DOTS, IF YOU DON'T CONNECT ALL THE DOTS OR DON'T CONNECT THEM IN THE RIGHT ORDER YOU NEVER GET THE PICTURE