If we nationalized the oil industry we wouldn't need to raise taxes

Care4all

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just sayin... :eusa_whistle:
how would that work?

our gvt would pay the exxon's of the world on a contract to drill and/or purchase our oil?

or the gvt would hire all their employees and geologists etc?

?????
 
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manifold

manifold

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just sayin... :eusa_whistle:
how would that work?

our gvt would pay the exxon's of the world on a contract to drill and/or purchase our oil?

or the gvt would hire all their employees and geologists etc?

?????
The government would take over the industry that siphons a natural resource (that is arguably owned by nobody and everybody at once), and use the hundreds of billions in profit to fund things like universal health care, pay down the debt, etc.
 

Mr Clean

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Defense is nationalized.

Is energy independence any less important?
 

driveby

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just sayin... :eusa_whistle:
how would that work?

our gvt would pay the exxon's of the world on a contract to drill and/or purchase our oil?

or the gvt would hire all their employees and geologists etc?

?????
The government would take over the industry that siphons a natural resource (that is arguably owned by nobody and everybody at once), and use the hundreds of billions in profit to fund things like universal health care, pay down the debt, etc.


Stay out of health care and fix the 50,000 bridges that all of a sudden are going to collapse any second now.......
 

Soggy in NOLA

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just sayin... :eusa_whistle:
how would that work?

our gvt would pay the exxon's of the world on a contract to drill and/or purchase our oil?

or the gvt would hire all their employees and geologists etc?

?????
The government would take over the industry that siphons a natural resource (that is arguably owned by nobody and everybody at once), and use the hundreds of billions in profit to fund things like universal health care, pay down the debt, etc.
Hey, they took over GM.... and it is still going broke, just like everything else they touch.
 

McDowell's

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As far as "Big Oil" is concerned, a significant portion of their holdings and operations are in foreign jurisdictions. So good luck with that.
 

Soggy in NOLA

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Defense is nationalized.

Is energy independence any less important?

Clowns like you are a good reason this could be a bad idea.....
Yeah, no shit. First off, never gonn happen.. but, let's say it did... They'd siphon off every last dollar and Exxon would be penniless in two years. Then they'd be calling for a bailout.
 

Care4all

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just sayin... :eusa_whistle:
how would that work?

our gvt would pay the exxon's of the world on a contract to drill and/or purchase our oil?

or the gvt would hire all their employees and geologists etc?

?????
The government would take over the industry that siphons a natural resource (that is arguably owned by nobody and everybody at once), and use the hundreds of billions in profit to fund things like universal health care, pay down the debt, etc.
so, they would open a new department and hire a bunch of people? like the workers being let go from the private sector, when this happens? gvt pensions for all the workers would have to be deducted calculations from the profit? never knew gvt agencies planned to make a profit, they usually try to break even and pass the savings on to us?

the idea of the gvt making billions sounds great...not certain about the logistics though....
 
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manifold

manifold

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how would that work?

our gvt would pay the exxon's of the world on a contract to drill and/or purchase our oil?

or the gvt would hire all their employees and geologists etc?

?????
The government would take over the industry that siphons a natural resource (that is arguably owned by nobody and everybody at once), and use the hundreds of billions in profit to fund things like universal health care, pay down the debt, etc.
so, they would open a new department and hire a bunch of people? like the workers being let go from the private sector, when this happens? gvt pensions for all the workers would have to be deducted calculations from the profit? never knew gvt agencies planned to make a profit, they usually try to break even and pass the savings on to us?

the idea of the gvt making billions sounds great...not certain about the logistics though....
I suppose they could simply break even and then we could go back to paying $0.59/gal for gasoline. And that way we could afford to pay higher taxes elsewhere.
 

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