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Most nongovernment functions are best privitized any way. Does anyone really think the government of Mexico does a better job of running an oil company then Standard Oil (who ran it before the Mexicans nationalized it)? Did the British government do a good job of running the nationalized British automobile industry? Look at most of the big nationalized businesses in France; steel, autos, telephone, banks, even newspapers. Are those companies better or worse off when politicians make decisions for them based upon political needs instead of economic needs?
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Azazel: You seem to think money just grows on trees. Even governments have to live with in their means (at least in the long run) by spending less then they make. It is insane to spend half a billion dollars more then you make each year.
Cuts in spending are desperately needed.Try http://wordforge.net/index.php for discussion and debate.Comment
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I'm betting the gas prices and continued worries about Iraq will kill the recovery.
The best way to cut the deficit:
1. Get the corporate pork out of the millitary research buget
2. Close corporate income tax loopholes
3. Repeal the Bush give-away to the rich
4. Eliminate subsidiesComment
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The one thing that quote about Spain missed is that a very large percentage of the imports from overseas are manufactured by US corporations. That means most of the profits end up finding their way back to the US in the end. Also Spain manufactured next to nothing while the US is the world's largest exporter.Try http://wordforge.net/index.php for discussion and debate.Comment
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That's a very poor bet.I'm betting the gas prices and continued worries about Iraq will kill the recovery.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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In other news the Saudis announced they will increase output by 25% to help lower prices.
Laughably the Venuzuelan oil minister claimed increasing supply would have no effect on prices.
It seems Chavez has destroyed the rest of his economy and now he's relying on high oil prices to save him. 
Try http://wordforge.net/index.php for discussion and debate.Comment
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Yeh, and you know who Venezuela sells most of its oil to...
The Yankee capitalist imperialists!I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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