firing 154 bullets in less than five minutes. the use of high capacity magazines that allow somebody to fire that many bull net so short a time has been central to the sandy hook parents argument for why we ought to change the law. we have learned that in the time it took him to reload in one of the classrooms, 11 children were able to escape. we asked ourselves everyday, every minute, if those magazines had held ten round, forcing the shooter to reload at least six more times, would our children be alive today. o would our children be alive today? parents in newtown have been asking that question, making that argument really. since the massacre at sandy hook elementary school, four states have passed new regulations on guns. new york state, connecticut, and maryland. each passed a ban on assault weapons and a limit on the size of ammunition magazines. colorado did 7b ban assault weapons but even colorado went there in the size of magazines.
and these animals, these wolves at the door, who don t play by the rules, they don t have rules. there are no rules. why is this the argument for gun laws when it is it not the argument for any other kind of law? nobody says, well, why bother having laws against murderer robbery since murderers and robbery ris won t respect the laws. once they are broken, what good are they? now, though, that some part of the country are deciding that ats dumb argument. now that some parts of the country can make the argument but you won t win with that argument and we will enact new gun laws anyway and the anti-gun argument is evolving. evolving among the criminals will break laws argument and they are getting into hair harry
pipeline run from illinois to texas. knowing nothing of the pipeline. i had no idea. and i m the fourth or fifth house from it. now they know. a bad way to find outity s there, right? we also know about previous safety violationes as it relates to that specific exxon pipeline. in 2010 the federal government fined exxon for failing to inspect a different portion of that same pipeline as frequently as is required by law. sounds bad, right? not only did they not do it because bu they got caught and the federal government nailed them for it. you want to know what fine was for that? the fine was, $26,000. okay just for some perspective, so exxon made $44 billion in profit last year. that breaks down to with, per day profit of $122 million a day. that s what they make in profit in one day. that s $26,000 fine on that pipeline that burst in arkansas, the day that fine was assessed by the federal government, that
but they got caught and the federal government nailed them for it. you want to know what fine was for that? the fine was, $26,000. okay just for some perspective, so exxon made $44 billion in profit last year. that breaks down to per day profit of $122 million a day. that s what they make in profit in one day. that s $26,000 fine on that pipeline that eventually burst in arkansas, the day that fine was assessed by the federal government, that represented this much of their profit that day. look at ratio of the two dots there. barely a blip. that s just for one day s profit. you think that kind of robust oversight and punishment motivates a company like this to do the right thing? after the deep water horizon disaster in the gulf of mexico in 2010, president obama signed a law that strengthened the sorts of fines that can be levied against oil companies when they do stuff wrong. the law doubled the maximum civilian penalty that the government can issue for a
single pipeline safety violation. doubled it. it had been $100,000. now it is $200,000. oh, because that will scare them. exxon s last big oil spill before this one in arkansas, was when one of their pipelines burst under the yellow stone river in montana in 2011. a year before that disaster, federal officials told exxon that that particular pipeline was subject to a number of probable violations of the law. among the regulations that exxon was in apparent violation of were emergency response training and rules governing the potential corrosion of pipes and having out-of-date maps and records for that specific pipeline. and then of course that pipeline burst, flooding the yellowstone river with oil, and exxon was hit with a proposed fine for those violations and a few others. the proposed fine was, $1.7 million. again, just for context sake in terms of the day that fine was levied. here is how that fine relates to the profits that exxon made in that single day.