-----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED]] On Behalf Of Tim May Sent: Wednesday, January 29, 2003 9:52 PM To: [EMAIL PROTECTED] Subject: Re: the news from bush's speech...H-power
On Wednesday, January 29, 2003, at 06:33 PM, Harmon Seaver wrote: > On Wed, Jan 29, 2003 at 07:53:21PM -0500, Jamie Lawrence wrote: >> >> One of the problems I think is rampant with, for instance, getting >> alternate fuel sources off the ground is that government subsidies are >> ensuring they don't happen by distorting the market for fossil fuels. snip As for Iraq, letting them keep Kuwait in 1990-91 almost certainly would have driven the price of oil _DOWN_. A nation like Iraq is more interested in pumping than in hoarding, which the Kuwaiti and Saudi royal families are perfectly prepared to do (hence OPEC). The whole purpose of the Gulf War was to take Iraqi oil off the world market and drive up the price of west Texas crude, wasn't it? In any case, the solution is simple: it ain't the job of the U.S. military to run around the world picking regimes we like and regimes we don't like. Let markets clear. The purpose of the proposed Gulf War II is to capture Iraqi oil supplies so that the dollar can continue to be the currency used in world oil transactions, isn't it? --Tim May "He who fights with monsters might take care lest he thereby become a monster. And if you gaze for long into an abyss, the abyss gazes also into you." -- Nietzsche
