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Reply #46: Its ecnomics 101 [View All]

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BeFree Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Mar-03-11 10:16 PM
Response to Reply #33
46. Its ecnomics 101
You would not ask such questions if you knew?

""What if they don't give us the price we want?""
Then they don't sell the oil. And we might have to use less foreign oil, which, by golly, all the presidents since Carter have been wanting!!

""How will you punish them?""
Punish them for not taking our money? They would be punishing themselves if they wouldn't take our money.

""Withhold food? Destroy their economy? Increase their level of poverty?""
We've already done that. And not just for oil. Besides, our military keeps the peace for many countries. Are they going to give that up?

Unlike your crooked assertions about bush, the real idea is negotiations leading to finding a fair price and then closing the deal. It happens everyday, around the world on millions of other goods.

It's part of economics 101, hack

The question is: Can we save our economy, avert increased poverty right here at home, not by stealing oil, but by eliminating obscene profits and regulating the price of the raw material?

Yes, We can!
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