Originally Posted by
EyeKhan
Things change over time. I don't think its necessarily appropriate to blame a particular president, to tell the truth. The real culprit is the conservative notion that less regulation is always better, and its ugly step child that "self-regulation" is somehow something more than no regulation. And the Bush Administration seemed to take the approach that the best way to implement these notions is to have the various agencies just not enforce the regulations (wink wink, nod). I don't know for sure but at first or second glance I would guess that may be behind how some of the variety of screw ups occurred to pull off this wonderfully unfolding disaster. Now, the modern idea of less regulation = better seemed to start with Reagan, but I'm not sure. It would be odd to say it's always been a Republican deal when you consider the EPA was created in the Nixon Administration. On the other hand, the Clinton Administration seemed to have swallowed a little of that poison as well, considering the financial system deregulation that went on then. But I'd be very surprised if any fossil industry deretulation, above or below board, went on then. Or intentionally under Obama. If there's ever been a presidency in bed with the oil business in modern history, its the Bush Administration.