They'll simply trade "private" criminals for "public" criminals. The powerful greedy will win, the people will be bent over and fucked with a serrated broomstick yet again.
Just watch.
Exhibit One: The 20th Century
Posted by God Of War at July 10, 2006 11:52 AMDick "Fatty" Cheney, the King of Halliburtonland, had best butt out of the internal policies of Russia. He of all people, has no business flapping his battered-and-fried onion ring eating mouth.
Just say...............
Posted by Christopher at July 10, 2006 12:48 PMNationalize industry? How horriffic! The State should have nothing to do with free markets, and survival of the fittest companies. Ergo, $1 trillion dollars in corporate welfare for United States Businesses. Capitalism is great!
Posted by phidipides at July 10, 2006 01:05 PMas eric idle once said;
there is nothing quite as wonderful as money.....
and are there any other questions about what, where, when, why and how?
wonder why the MSM doesn't know how to use the big 5 any longer. maybe someone writes all their stories for them
Posted by oldtree at July 10, 2006 01:28 PMCountries with substantial oil reserves are sitting on the wealth of Croesus, which should be managed for their own energy needs and ALL of their citizens, not just capitalists and corporate share holders. These countries have won the planetary lottery, and are going to be very wealthy over the next 50 years.
America was once blessed with awesome, enormous reserves of gas and oil. What did we do? Acted like they would last forever, no matter how foolishly we wasted them. Great judgement, led by thoughtful gas and oil barons and canny auto makers. With a huge dose of blame for our worthless, shortsighted, bought-off political "leaders".
Take a guess which direction the "value" (dollar denominated or otherwise) of oil reserves will be going in the next 20 years. Did you say "Up", "Way Up", or "Up beyond anyone's imagination"?
Oil "wars"? Exactly who is going to be the aggressor nation in such wars other than militarist BushAmerica? We'll be the only country adding "war" to the oil situation. Because we will have manuevered ourself into having no other choice.
As to nationalizing the fossil fuel industry, we should admit reality, and start doing it ourselves, the sooner the better. Why should we have an uncompetitive, oligopolistic "industry" extracting monopoly profits from every citizen for the benefit of a few executives and wealthy capitalist shareholders?
It's not like there's a lot of "risk" involved in providing a life necessity, essential for every person, especially when most of the remaining undrilled reserves are under public lands. No continuing risk, no continuing need to "reward" the entreprenuer.
We will have no choice but to begin rationing these essential commodities within the next generation. What is to gain by holding off the adoption of inevitable public policies until the last possible minute?
Posted by euzoius at July 10, 2006 02:04 PM.....and get a load of this idea Steve:
On July 14, the Russians will make their most aggressive nuclear play in decades when world leaders assemble in St. Petersburg, Russia for the G8 Summit.
It's at that meeting that Putin will put an end to the sweetheart deal they made with the U.S. that allows American companies to get uranium well below market prices from old Russian warheads.
The price of U3O8 (the kind of U used for nuclear power) should really escalate (it's already gone from $7/lb. to $45.50/lb in 2.5 years).
Posted by at July 10, 2006 04:57 PM .....was me...forgot to introduce myself.
Posted by Goyo at July 10, 2006 05:01 PMThe price of U3O8 (the kind of U used for nuclear power) should really escalate (it's already gone from $7/lb. to $45.50/lb in 2.5 years).
But...but...nuke-you-leee-yyear is cheap!!!
Posted by at July 11, 2006 12:10 AM"...as a result of the higher prices that the Bush energy policy has created."
And don't forget, one of these Bush energy policies (that you haven't heard about) is Bush depositing almost 1 million barrels of crude oil into the Strategic Petroleum Reserve (SPR) every day. Right now, the Bush administration must be about halfway done with filling up the SPR to it's maximum capacity.
What? You haven't heard about this? But just the other month, Bush stated in a press conference that he was temporarily suspending this program as one of his ways to alleviate high gasoline prices at the pump. Immediately after saying this, he stated that the amount being deposited daily was insignificant. Hell, then why even mention it? Oh. Unless he actually was depositing a "significant" amount daily, which would have helped drive up gasoline prices. Why?
Because, you see, Congress authorized an increase in the SPR's maximum storage capacity to 1 billion barrels of crude oil. Bush, therefore, had to come up with 250 million barrels of crude. The question is: how much time were Bush and Cheney planning on taking to complete this task?
My guess: by the end of this year. At this rate, and knowing the 250 million barrel figure, it would take just over 8 months, and 1 million barrels a day, to complete the maxing out of the SPR. During this time, crude oil that should be going to the refineries is instead going into the SPR, thus driving up domestic gasoline prices and probably having some impact on global oil prices as well.
Anyway, everytime I fill up my gas tank with $3.00 a gallon gas, I think of what Bush and Cheney are doing "under the radar." Eventually, I hope, this will be revealed so others can share in my anger at another of their secretive "national security" stunts that is harming all U.S. citizens.
Posted by The Oracle at July 11, 2006 12:51 AM