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Venezuela nationalized their oil industry. The people that knew how operate that industry went elsewhere. The infrastructure is falling apart becsue they are investing it in things like 15 cent a gallon gasoline, it's bloated, environmental issues increased, worker safety decreased, production has plummeted...
There's a reason a country like China looks to a US corporation like Exxon to partner with when building a refinery.
Who said anything about 'nationalization'? I said to introduce some competition. I would choose not to, but in order to save 10 cents a gallon there are some who would wait in line at a government pump for 20 min just to make ends meet.
'Government alternatives'? We have a government healthcare system - it's called Medicare and Medicaid. How's that going? It's broke.
We have government educations programs - the public school system. How's that working out in the nation as a whole? We spend the most per student of any industrialized nation and have declining educational standards and results.
We have a government weather company - the National Weather Service/NOAA. Their models are beat out consistently by the European models - from a private company (ECMWF). (And yes, I am a huge supporter of the NWS for a number of factors and reasons, but their models are sub-par now).
Capitalism is by far the most powerful system that has promoted equality and freedom. Can it be abused? Absolutely, just like anything else. Should regulations be in place? Sure. But look at the history and see what capitalism has done in the last 200 years for making humankind much, MUCH better off than they were for the previous 1000 years.
Medicaid we pay for, and receive the benefit of when we turn 65, Medicaid is a highly abused freebie for the poor, everyone else is at the mercy (or lack thereof) of the private healthcare monopolies and fatcat CEOs who only care about how many more in millions they can acquire - they could give a damn whether you live or die. Most of the advanced countries in the world provide at least minimal free healthcare for their citizens - why not America?
Who said anything about 'nationalization'? I said to introduce some competition.
That would collapse faster than nationalization. LOL I'll tell you what, I'll agree with your proposal as long as the government run operations see no taxes but I guess that would make them a private company wouldn't it?
MOSCOW--(BUSINESS WIRE)--Rosneft and ExxonMobil have agreed to expand their cooperation under their 2011 Strategic Cooperation Agreement to include an additional approximately 600,000 square kilometers (150 million acres) of exploration acreage in the Russian Arctic and potential participation by Rosneft (or its affiliate) in the Point Thomson project in Alaska. They have also agreed to conduct a joint study on a potential LNG project in the Russian Far East.
The agreements, which include plans to explore seven new blocks in the Chukchi Sea, Laptev Sea and Kara Sea, were signed by Igor Sechin, president of Rosneft, and Stephen Greenlee, president of ExxonMobil Exploration Company, in the presence of Russian President Vladimir Putin.
The license blocks include Severo-Vrangelevsky-1, Severo-Vrangelevsky-2 and Yuzhno-Chukotsky blocks in Chukchi Sea, Ust’ Oleneksky, Ust’ Lensky and Anisinsko Novosibirsky blocks in Laptev Sea and Severo Karsky block in Kara Sea, which are among the most promising and least explored offshore areas globally.
A separate Heads of Agreement was signed providing Rosneft (or its affiliate) an opportunity to acquire a 25 percent interest in the Point Thomson Unit, which covers development of a remote natural gas and condensate field on Alaska’s North Slope. It is estimated that Point Thomson contains approximately 25 percent of the known gas resource base in Alaska’s North Slope.
Rosneft and ExxonMobil also executed a Memorandum of Understanding to jointly study the economic viability of an LNG development in the Russian Far East, including the possible construction of an LNG facility. The companies will form a joint working group, which is expected to commence work in the coming weeks to study the viability of an LNG project using available natural gas resources.
Commenting on the agreements signed, Igor Sechin said, “The agreements signed today bring the already unprecedented scale of the Rosneft and ExxonMobil partnership up to a completely new level. The acreage in the Russian Arctic subject to geological exploration and subsequent development increased nearly six-fold. That means the enormous resource potential of Russian Arctic offshore fields will be explored and developed in the most efficient manner with the application of cutting-edge technologies and expertise of our strategic partner, ExxonMobil, and using state-of-the-art environmental protection systems. Participation in the Point Thomson project will increase Rosneft’s access to the latest gas and condensate field development technologies used in harsh climatic conditions.â€
Stephen Greenlee said the agreements build on the ongoing successful cooperation between the companies. “This expansion is an illustration of the strength of the partnership that exists between ExxonMobil and Rosneft,†said Greenlee. “We look forward to working together on these new projects.â€
The companies are committed to using global best practices and state-of-the-art safety and environmental protection systems for the Arctic operations. The work will be supported by the recently signed Declaration on the Russian Arctic Shelf Environmental protection. Also, ExxonMobil and Rosneft will work together through an Arctic Research Center to provide a full range of research and design services to support their cooperation on Arctic projects.
Rosneft and ExxonMobil continue to implement a program of staff exchanges of technical and management employees to help strengthen relationships between the companies. Rosneft and ExxonMobil Expand Strategic Cooperation | ExxonMobil News Releases
No China is the one that buys the LNG and Oil from Russia, Canada a or the U.S. if you decide to export Oil but so far China gets their stable LNG and Oil from Russia and Canada but due to Canada having to get the ok from the U.S. to build the Keystone XL pipeline.
How much protesting would their be if we built Nuclear powered ice breakers like Russia is doing and massive offshore drilling platforms to start exploring our untapped Artic reserves.
What Exxon-Mobil does not say in their press release is that the State of Alaska is on the verge of revoking their Point Thompson lease because they have not produced anything in the 30 years they have held the lease. FYI, Point Thompson is State land bordering the western side of ANWR on the North Slope.
Of the oil produced in Alaska: 2% remains in the State, 1.5% goes to Taiwan, 1% goes to South Korea, 0.5% goes to Russia, and 95% goes to the lower-48.
Medicaid we pay for, and receive the benefit of when we turn 65, Medicaid is a highly abused freebie for the poor, everyone else is at the mercy (or lack thereof) of the private healthcare monopolies and fatcat CEOs who only care about how many more in millions they can acquire - they could give a damn whether you live or die. Most of the advanced countries in the world provide at least minimal free healthcare for their citizens - why not America?
Medicare is still broke. So is Social Security.
Other countries also have high taxes and GST etc.
Taxes on the wealthy just went up and you want to raise it again? They already pay their fair share.
Our government couldn't run a ***** house without running it into the ground. Everything they've touched has turned to shyte.
We need to increase taxes on the wealthy, cut overspending on the military, and establish government run businesses to compete with private industry, to 'keep them in line'. Government alternatives would go a long way to curb private industry abuse.
And for those who start crying about 'Communism', hell, we have allowed our corporations to outsource our manufacturing base to China. We already HAVE 'government alternatives', they just happen to be COMMUNIST government alternatives! We are all walking around in Communist clothing, playing with Communist toys, and eating Communist food. So at what point does that make YOU a Communist?
So, you are in favor of a full throated Fascism. Who will these master minds of industry be? Let me guess, people like 0bama, Reid, Pelosi, Waters, Dingell, Biden, you know, life long politicians who never ran a business of their own.
Let the guv do it!
Because the shortages and rationing its interference in the markets will cause are what consumers really want, they just don't know it yet.
P.S. There is no such thing as a "fair tax" levied on a persons labor, that's called slavery.
Quote:
Originally Posted by wxjay
'Government alternatives'? We have a government healthcare system - it's called Medicare and Medicaid. How's that going? It's broke.
We have government educations programs - the public school system. How's that working out in the nation as a whole? We spend the most per student of any industrialized nation and have declining educational standards and results.
We have a government weather company - the National Weather Service/NOAA. Their models are beat out consistently by the European models - from a private company (ECMWF). (And yes, I am a huge supporter of the NWS for a number of factors and reasons, but their models are sub-par now).
Capitalism is by far the most powerful system that has promoted equality and freedom. Can it be abused? Absolutely, just like anything else. Should regulations be in place? Sure. But look at the history and see what capitalism has done in the last 200 years for making humankind much, MUCH better off than they were for the previous 1000 years.
Quote:
Originally Posted by MustangEater82
What government agency/program or whatever is run efficiently without massive waste?
Name one.
Sent from my PC36100 using Tapatalk 2
Quote:
Originally Posted by jim9251
What a great idea, even more government control. I wonder if anyone can cite anything the government did that they didn't screw up?
But why are health care costs getting more expensive?
Lots of reasons.
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