Wednesday, May 14, 2008

Time for the US to Nationalize Oil

The cost of oil is not only threatening U.S. security, but our economic well-being as well.

People call Hugo Chavez of Venezuela “idiot" and "socialist dictator" for kicking out big US oil companies, and nationalizing oil there, yet the result is that people there pay a QUARTER for gasoline (according to CNBC). It’s also this cheap in some other countries where it’s based on cost. In some nations, the welfare of the entire population takes precedence over special interest groups like oil companies and others whose greed outstrips NATIONAL SECURITY concerns, as well as the wealth of their own consumers.

People tell me "I don't want to move to Venezuela" and they're MISSING the point: you look at systems that work and improve your own if possible. It's called system analysis, and it applies outside of computers as well; nearly ALL systems can be improved.

It's past time that the US needs to nationalize oil, and they can use "national security" as the reason, which gives them true martial law powers. If it keeps us safer, then it's apparently part of national policy, so why not simply BUY OUT the oil companies with US bonds, keep them operating, lower the pay of executives, and then be able to hire more workers as well, adding to both consumer wealth and the IRS coffers. Then, rather than Exxon (and others) getting 40-80 BILLION in profit per year, maybe the government can and either balance the budget OR lower taxes, something they always claim to want to do. They can even lower the price of gasoline like Brazil!

The U.S. was founded on ideas and individual rights and well-being, for some reason we've now become a nation of economic self-interests and special interest lobbies and individual corruption.

Did you know that POLICITIANS are the only career held in LOWER ESTEEM by the US public than LAWYERS? Both are beneath garbage collectors and public executioners! That’s too sad to be funny.

Politicians are suppose to "represent the will of the population" of any country; can we truly say that ours do?


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