[clue-talk] oil...

[Collins Richey]

On Fri, Oct 31, 2008 at 10:46 PM, Angelo Bertolli <angelo at freeshell.org> wrote:
>  why should we
> hand over the resource that we own to companies that are privately owned?
>  At least without some kind of guarantee that we will get something back out
> of it.  And I'm totally on board with an answer like, "the government should
> work a deal and get a stake in the arrangement."
>

We do get something out of it. The companies PAY for the right to
lease the resources. With our high corporate taxes (ever wonder why
more and more companies are moving off shore?), we also get fantastic
amounts of cash handed over to the government to finance all those
well-loved socialist programs. And please don't tell me you think the
government should run the show. There's the old adage/truth: If you
put the US government in charge of Saudi Arabia, within a few months
there would be a shortage of sand. Private companies can always do it
more efficiently.

-- 
Collins Richey
     If you fill your heart with regrets of yesterday and the worries
     of tomorrow, you have no today to be thankful for.