I really don't want a check, i want my dollar to be worth more. What good is a dollar if it can't even buy me a pack of gum?
Why can't the US government create a company to start processing and selling Gas throughout the US or even the world? We have more Oil reserves then we'd like to admit. I believe that if the US takes this Ballout money aka Loan and creates a US Oil company ran by the government we'd be able to pay off our dept in 15 to 20 years, not 15 to 20 decades.
Environmentalist would panic, but lets look at the trend, there are ways to create gas with half as much damage to the earth, as other countries are doing. And if they want to continue to panic, whats the difference if they make it there or we make it here? We give them our money to destory the earth, way don't we give ourselves money to help our country, and cut back on the pollution that is destorying the earth? (For you skeptics out there, i'm just discussing a common theory, do not debate global warming here please)
Basically, i want to know why we shouldn't create thousands of jobs, maybe even millions of jobs, just by making our own gas, espeacially when we can do it cleaner and better then anyone else can?
Shouldn't america start depending on itself for the consumer products we purchase? Maybe that is one of the places we went wrong. We started throwing our money to the rest of the world, because we wanted faster and cheaper.
Maybe its about time we start asking ourselves if we should buy american, not because its faster and cheaper. But because the job we save might be our own or at least our neighbors...?
Or are we going to continue to panic, and continue doing the same thing over and over again? I can't believe with all these so called colleges giving out degrees in Economics, we don't have a clue as to how to fix ourselves. And no one is saying anything outside the box. Did all the intellegent people decide to stop talking, or where our voices smothered by the rich and greedy?Use the ballout to make Infrastructure through us oil reserves?
You must not be a geologist or an economist. Peak production in the US happened thirty years ago and is not hitting Saudi Arabia. Also, when did government involvement ever improve a business? If it made sense to do then business would gladly have done it long ago. The US is quickly approaching the end of its petroleum supplies.
DO NOT BUY AMERICAN!
Only buy American if it is the best, cheapest, highest quality product otherwise Americans do not deserve a job. If you are better, faster, smarter, stronger then you deserve it. Otherwise, buy American programs just weaken the economy, result in lower wages for a given amount of production and raise unemployment over the long run. Competition drives jobs, not government or buy American marketing programs.
As to why should government not run business? Look at the history of the Soviet Union and see why. China has tried to abandon its state owned industries because they were costly and inefficient and drained the economy of jobs.
If you want a job, out compete your neighbor.Use the ballout to make Infrastructure through us oil reserves?
Not a bad idea but there is one insurmountable problem: a government owned and operated oil company is socialism by definition and environmentalists on the left will team up with free-marketeers on the right and stop it dead in its tracks. The adage about baptists and bootleggers is always true - if two groups that are usually in conflict with each other are on the same side of an issue doing the opposite is the best policy.
On a side note the value of the dollar is a double edged sword: if you can buy more with your dollars people abroad can't afford as much of what you have to sell.
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