Published 7-10-10 in the Roswell Daily Record
Cost of Jumping In
To the Editor:In his July 5, 2010 letter, Mr. Charles Parham states that he is disappointed with President Obama. "Instead of jumping in offering to try and find a way to stop the oil gushing into the Gulf of Mexico, you used that disaster to push your far-left environmental agenda."
OK, Mr. Parham, just how many billions do you want the US taxpayers to shell out to 'jump in' and clean up the mess caused by BP's disastrously shoddy and unsafe construction and safety practices? (BP is short for British Petroleum.) How much more in increased taxes do you propose we, and you, pay to help plug the oil volcano? Why are you not demanding that BP be held fully accountable for the damage they have caused? No, instead you want FEWER regulations.
Gross profits in the last year for BP were about fifty-two billion dollars, with the net about 14 billion dollars. They can afford to clean up their own mess.
And why do you blame our president for a greedy utility company's proposal to raise their rates by 24%? Please try to keep in mind that big businesses have no "family values," their sole motivation is profits that will increase the price of their Wall Street stocks and pay for big bonuses for their top executives.
Thanks to the Supreme Court's ruling in Citizens United v FEC, these big businesses can now also use their profits to provide unlimited support to congressional candidates who share their "values," for example Steve Pearce.
Ellen Wedum
Democratic candidate, NM HD 59
19 Bigfoot Road
Cloudcroft, NM 88317
575-682-2464