Lorien Johnson » oil http://lorienjohnson.com Notes of observation from a liberty-inclined, ocean-crossing, historian-in-the-making. Sat, 12 May 2012 16:48:57 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 Democrats Want to Nationalize U.S. Oil Companies http://lorienjohnson.com/2008/06/democrats-want-to-nationalize-us-oil-companies/ http://lorienjohnson.com/2008/06/democrats-want-to-nationalize-us-oil-companies/#comments Thu, 19 Jun 2008 13:56:22 +0000 Lorien http://lorienjohnson.com/?p=101

Absolutely, positively depressing. History has shown that governments are neither more effective nor more fair when in control of a market resource. Logical consideration of economic principles indicate that nationalization is always a bad idea.

Cavuto is asking the right questions in the following clip… and the cautious “are you insane?!” tone of his voice rather echoes my thoughts. I think I need to move to Ireland.

Link: sevenload.com

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