

The government is now stepping in to help clean up












Source: Reuters

Comments     Threshold


RE: Its a Joke!
By roykahn on 8/7/2013 5:26:08 PM , Rating: 2
I wouldn't call it stupid, it's more likely a case of profit maximization, which is supposed to be a good thing, right? If you disregard some safety, then you can save money on the cost of operations. Whether it's the Fukushima nuclear power plant, the Deepwater Horizon oil rig, or the many other oil spills, people will find a way to make an extra buck by cutting corners and then cover up the impact.

The trick is to get a balance between safety and cost, which is easier said than done. If you implement high safety standards, then there's a greater chance of operators ignoring those standards because they could be perceived to be tedious and unnecessary.

RE: Its a Joke!
By nafhan on 8/9/2013 12:48:02 PM , Rating: 2
In this specific case, I think they were stupid. Being motivated by profit doesn't make it less stupid.

