The MMA has received an average of three fines per year from 2004 to 2012. The most serious violations concerned inadequate railroad safety. The deadly derailment on July 6 is the chronicle of a foretold disaster.
The Montreal, Maine and Atlantic Railway never ceases to surprise us, and worse! The Press today reveals that the company has been fined 28 times in the United States, fines totaling nearly $150,000. Not bad for a company founded in 2002.
While the votes here still stand to preserve the deregulation policies in the railroad industry or to not act in haste, the Americans march to the front. The Democratic leader of the House of Representatives from Maine, Seth Berry, believes that the despicable MMA assessment justifies a review of safety in railroad transportation, both in Maine and elsewhere in the United States.
Under the combined effect of the exploitation of deposits of oil shale in the West and the Obama administration’s policies of energy self-sufficiency, liquid oil convoys will traverse the railways leading to refineries in the East. Elected representatives in Maine do not want a bomb on the railroad to explode in their faces. It is a healthy cautionary reaction, even if it comes a little late.
There is a limit to ignoring alarm signals in the name of capitalism. The free market, without minimum state intervention to set the rules of the game and the safety of communities, is neither more nor less than libertarianism.
[A] weak yen and rising interest rates have continued even further, with the primary cause being the increase in crude oil prices due to U.S. attacks on Iran.
[T]he relationship between Mexico and the United States is going through moments that are, yes, both tense and complicated, but above all, quite strange.
Bell argued that [the rise of far right factions] should be understood less as a straightforward product of economic conflict than as a response to social dislocation and anxiety over status.