Different kind of junk shot proposed

clipped from www.truthdig.com

Experts Propose Plugging Oil Leak With BP Executives

Fake news by Andy Borowitz

WASHINGTON—At a conference of oil leak experts in Washington today, attendees proposed plugging the massive oil leak in the Gulf of Mexico with executives of BP, the company responsible for the catastrophic spill.

“We’ve tried containment domes, rubber tires and even golf balls,” said William Cathermeyer of the National Oil Leakage Institute, a leading consultancy in the field of oil leaks. “Now it’s time to shove some BP executives down there and hope for the best.”

Submerging the oil company executives thousands of feet below the ocean’s surface could be a “win-win” situation, Cathermeyer said. “Best-case scenario, they plug the leak,” he said. “And at the very least, they’ll shut the fuck up.”

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Great video about Purpose Motive versus Profit Motive

Watch the video.

clipped from www.ritholtz.com

Adapted from Dan Pink’s talk at the RSA, this illustrates

the hidden truths behind what really motivates us at home

and in the workplace.

Oh, and it essentially guts traditional economic thinking —

at least when it comes to issues such as “incentives work”

(only sometimes, for some tasks) and that we are profit

maximizers (not really).

Watch the video:

Hat tip Sembrati

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BP Gulf Coast Disaster

It’s been hard to watch this story unfold and harder still to think of anything to say. It’s a complete disaster, the natural end of free market capitalism.

I don’t have an impulse to search for a silver lining in this cloud, the death and destruction of so many marine animals and their habitat is just too overwhelming.

I do wonder if this is a moment when the American people are willing to consider the transition to a post-petroleum economy?

clipped from news.yahoo.com

FILE - In this May 28, 2010, file photo workers clean up oil from the Deepwater Horizon oil spill in Pass a Loutre, La.  In yet another failed attempt

VENICE, La. – As hurricane season approaches, the giant oil spill in the Gulf of Mexico takes weather forecasters into nearly uncharted waters.
The Gulf is a superhighway for hurricanes that form or explode over pools of hot water, then usually move north or west toward the coast. The site of the sunken rig is along the general path of some of the worst storms ever recorded, including Hurricane Camille, which wiped out the Mississippi coast in 1969, and Hurricane Katrina in 2005.
The season officially starts Tuesday, and while scientists seem to agree that the sprawling slick isn’t likely to affect the formation of a storm, the real worry is that a hurricane might turn the millions of gallons of floating crude into a crashing black surf.

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