Quote:
Originally Posted by mulp
For some context and analysis, see
http://www.nytimes.com/2008/05/12/op...hp&oref=slogin
It is my view that the price of oil is where its at because those who have the most oil are realizing that their oil is much more valuable in the ground than being sold at fire sale prices to the US which will simple burn it as if burning hundred dollar bills.
So, what's your view? |
I think oil and a few other industries have proven that with such a heavy influence in the government they can have complete and total chaotic reign over entire populaces. These oil men are the same as the arms manufacturers, corrupt to the core but large and in charge.
That being said, free trade generally is a brilliant idea internally. I believe heavily in import taxes, though, thats just good mercantilism.
Having complete control of an industry via trusts (collective monopolies) makes you a threat to free trade when the product you are selling is essential to our lifestyle. Food, water, energy, weapons and communications.