Thursday, June 30, 2011

Deregulate? Let the Free Market manage itself? Government is bad for business? Massey Energy Destroys Republican Vision

This story could not have made the GOP’s case for smaller government more meaningless.

NY Times: Federal investigators said Wednesday that Massey Energy, the owner of the West Virginia mine where 29 men were killed in an explosion last year, misled government inspectors by keeping accounts of hazardous conditions out of official record books where inspectors would see them … a dual accounting system practiced by Massey before the deadly explosion, in which safety problems and efforts to fix them were recorded in an internal set of books, out of sight of state inspectors, and off the official books that the law required them to keep. 

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