Texas plant that blew up carried $1M policy

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  • one vote Salt Lake City, UT
    May 5, 2013 8:26 p.m.

    Having insufficient insurance and avoiding regulation made a profit. Government would have been the bad guys for requiring a real fire department instead of asking volunteers to go put ut a fire at a bomb site.

  • JoeBlow Far East USA, SC
    May 5, 2013 12:47 p.m.

    But Wait.

    I thought that companies did not need to be regulated in order for them to do the right thing.

  • The Skeptical Chymist SALT LAKE CITY, UT
    May 5, 2013 9:59 a.m.

    Doesn't this just make you love the wonders of the unfettered free market? Governor Perry can tout the wonders of the bidness-friendly state of Texas all he wants, but this tragedy proves the value of reasonable regulations on businesses.

    The owner of this business only carried one million dollars in liability insurance? The plant was right across the street from two schools! It had 270 TONS of ammonium nitrate, the same substance used (with fuel oil) in the Oklahoma City bombings? And it is rare for Texas to require insurance for any kind of hazardous activity?

    This is the sort of lax regulatory environment that is an embarrassment to third-world countries like Bangladesh. If I lived in Texas, I would be embarrassed to admit to living in a banana republic. Governor Perry and the other anti-regulatory politicians in Texas should hang their heads in shame.

    As for the owner(s), they should lose everything they own and be sentenced to community service for the rest of their lives.