I'll give you ten bucks if this move actually improves their economy. Ask yourself this one question. Why is it that many of the most resource-rich nations on the planet- especially resource-rich in oil and gas- have had some of the most screwed-up, corrupt, repressive regimes in human history? When the state controls the natural resources, the people who control the state see all that money flowing, and they can't resist dipping their hand in the till, so to speak. It is exactly the problem Gruss talked about economics. Governments are not robots, they are collections of people, and they fall prey to the same failings and temptations as people everywhere.
Lots of folks like to bash big corporations. But think about it like this. Well, take ExxonMobil, multiply it by fifty, give the CEO his own army and control over the legislature, the courts, and the police, and you have Venezuela. That is why nationalization doesn't work. On 5/3/06, Chesty Puller <[EMAIL PROTECTED]> wrote: > > It seems to me that he is taking the powere away from the international > companies in favor of the nation... although it's a bit heavy handed, > it's > legal and I think it's proper. Why should all of that money leave the > country? If it's oil-rich, then the population should be much better > off. > Like those Mid-East countries. > > > -- --------------- Robert Munn www.funkymojo.com ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Message: http://www.houseoffusion.com/lists.cfm/link=i:5:206170 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
