"I'm from the government and I'm here to help you"
This particular small incident (BP) in the total panoply of destruction to our economy comes in the form of oil headed for the coasts and some of the most beautiful beaches in the United States, not to mention important fish hatcheries and habitat.
The other parts came in other places. A destroyed housing market, two financial bubbles in a row in 10 years time, eight million Americans out of work, 20+ million illegal invaders in this nation that our government refuses to expel (or, for that matter, let the states expel), backdating deposits at banks, bogus balance sheets, hinky derivative deals, bribed state and local officials in our cities and states, an actual honest-to-god Depression that is being "evaded" by borrowing trillions from the Chinese (who are then driving their people so hard they kill themselves out of desperation) and much more.
http://market-ticker.denninger.net/
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