Monday, May 10, 2010

Oil Spill Gulf of Mexico

So last week the massive oil spill was the worst rig explosion in decades that is continuing to spread. A lot of questions are being asked about the safety procedures and environmental response plans of BP and Transocean (contractor drilling the well). According to the Huffington Post reportedly said that BP and Transocean and tons of other people that work in the oil industry have said to oppose new safety regulations that was proposed last year by a federal agency that oversees offshore drilling. Now new regulations that the industry has been attacked on with tons of letters sent to the agency showing how many accidents have happened due to rigs in the past five years. One of the letters sent to the agency was that a lawsuit was filed by a wife of one of the 11 oil workers saying that the companies violated "numerous statutes and regulations" that was issued by the federal agencies. Now members of congress are getting involved and they are demanding answers from the agencies and companies also the administration officials have also started to investigate the incident. The investigation is still going on and until it is complete how are we suppose to know if this "rule" could of prevented this whole oil spill. But if the investigation goes all the way through hopefully it will make oil rig operations safer.
*Having computer problems was also suppose to be posted last week!

Tuesday, May 4, 2010

18 States decide not to create insurance pools for uninsured

Throughout the nation 18 governors who are mostly Republican have decided to create temporary high risk insurance pools for the people that are in pre-existing conditions that are uninsured all because of the new health reform law that allocates a total of $5 billion to the states for the new plans. The new plan will run through all the way until Janunary 1, 2014. The Republican governors have decided to leave it up to the Obama administration. The Obama administration say that this funding is insufficient and is going to force the states to fund their own money once the money will run out. The Texas governor Rick Perry commented on this issue saying that, " I do not believe the aggressive implementation and the lack of assurances on financial solvency of the program are in the best interest of Texas taxpayers, families, patients or health care providers." Texas also has the highest rate of uninsured in the nation at about 25% , and Texas is also one of the 35 states that is already operating the high-risk pool. Also 29 states said that they would partake in this plan. And for the other states against the usage of the federal funds a high risk pool will be put into place by the Federal government. So my question is do you think that regardless of the states decision do you think it will help people afford insurance through the high risk pools for those with pre-existing conditions?