Monday, February 24, 2014

Exxon CEO comes out against fracking project because it will affect his property values

Click here to access article by Rebecca Leber from Climate Progress

This piece belongs in the "not in my backyard" category.
When he is acting as Exxon CEO, not a homeowner, Tillerson has lashed out at fracking critics and proponents of regulation. “This type of dysfunctional regulation is holding back the American economic recovery, growth, and global competitiveness,” he said in 2012. 
This is another illustration of how capitalism works. People employed by private, profit-making enterprises or indirectly through capitalist ruling class controlled government organizations must act in the interests of the ruling class and their system. Otherwise decent, moral people are forced to comply with these interests if they are going to enjoy at least a decent standard of living. Of course, weak, sociopathic people will easily succumb to these pressures, and Tillerson appears to be one of these people. This is why the ruling class and their beloved system has endured as long as it has.