that work thoroughly and impartially. at one place we have already begun to take action is at the agency in charge of regulating drilling and issuing permits, known as the minerals management service, over the last decade this agency has become emblematic of a failed philosophy that views all regulation with hostility. a philosophy that says corporations should be allowed to play by their own rules and police themselves. this agency, industry insiders were put in charge of industry oversight. oil companies showered regulators with gifts and favors and essentially allowed to conduct their own safety inspections and write their own regulations. and when ken salazar became my secretary of the interior, one of his very first acts was to clean up the worst 6 the corruption at this agency. but it s now clear that the problem there ran much deeper and the pace of reform was just too slow.
as possible, i expect them to do that work thoroughly and impartially. at one place we have already begun to take action is at the agency in charge of regulating drilling and issuing permits, known as the minerals management service, over the last decade this agency has become emblematic of a failed philosophy that views all regulation with hostility. a philosophy that says corporations should be allowed to play by their own rules and police themselves. this agency, industry insiders were put in charge of industry oversight. oil companies showered regulators with gifts and favors and essentially allowed to conduct their own safety inspections and write their own regulations. and when ken salazar became my secretary of the interior, one of his very first acts was to clean up the worst 6 the corruption at this agency. but it s now clear that the problem there ran much deeper and the pace of reform was just
one place we have already begun to take action is at the agency in charge of regulating drilling and issuing permits known as the minerals management service: over the last decade this industry has become emblematic of a failed philosophy that views all regulation with hostility. a philosophy that says corporations should be allowed to play by their own rules and police themselves. bill: stossel matters segment tonight our libertarian pal john usually objects to the federal government intruding on private industry. new gallup poll out today says 49% of americans want bp to continue running the show in the gulf. 45% want the feds to take it over. here now fox business anchor john stossel. a failed philosophy. that regulation is bad. that let me bandits do what they want and you say. they hardly had no regulation. there were stacks of permits 6 feet high that they had to
one place we have begun to take action is at the agency in charge of regulating drilling and issuing permits. known as the minerals management sf. over the last decade this agency has been emblematic of the hostility. a philosophy that says corporations should play by their own rules and police themselves. stocil matters segment. john usually objects tot t federal government intruding on private industry. in fact, there is a new gal tday lop poll out saying 40 percent p of americans want bp heading the oil in the gulf. here is now john stossel. thfailed philosophy that regulation is bad and lefty bandits do what they want. and you say? they hardly had no we regulation. there were stacks of permitssi six feet high they had to full
water drilling to continue. and while i urge the commission to complete its work as quickly as possible, i expect them to do that work thoroughly and impartially. one place we have already begun to take action is at the agency in charge of regulating drilling and issuing permits, known as the minerals management service. over the last decade, this agency has become emblematic of a failed philosophy that views all regulation with hostility. a philosophy that says corporations should be allowed to play by their own rules and police themselves. at this agency, industry insiders were put in charge of industry oversight. oil companies showered regulators with gifts and favors and were essentially allowed to conduct their own safety inspections and write their own regulations. when ken salazar became my secretary of the interior, one of his very first acts was to clean up the worst of the corruption at this agency. but it s now clear that the