ace just says goofy things. they rarely if ever actually get to me, that is to the person who drives the roachboy machine.
anyway, here's a link to the ongoing collection of stories about the oil disaster from the new orleans times-picayune:
Oil Spill Gulf of Mexico 2010 - NOLA.com
which updates quite frequently.
meanwhile out in another sector of the bp fiasco:
BP Oil Disaster Costs U.S. State Pensions $1.4 Billion in Value - Bloomberg
the article is a list of various pension funds which had invested in bp stock and the amounts each has lost.
i still think it's lunacy that pension funds are allowed to play anything more risky than long-term bonds with peoples retirement money. you know, little people, the ones who are always fucked over when things go south.
my suspicion has long been that pension funds were allowed to start playing the market as a function of the professionalization of investment advising/spread of computer technologies and as an attempt to purchase social solidarity by tying the interests of working people directly into the fluctuations of stock prices. the fordist idea transposed to a post-industrial reality. and so long as the various forms of bubble creation created conditions that gave the impression that growth was a steady state, the lunacy of this idea could be forgotten about. but here it is again. bad idea. bad policy. bad outcomes.
but i digress.