[montag813]

I believe the plan has been to relieve everyone else of their resource before tapping into ours. Or at least see how long you can try.

That is ridiculous. First of all there is more oil "elsewhere" than we ever imagined (see Brazils offshore discovery last week for example). Secondly, by exporting trillions of U.S. dollars to our enemies now--Saudi, Venezuelan and Iranian--we permit them to buy up all of our assets on the cheap and insure that the future will be one of slavery to foreigners.

[dennisw]

That is ridiculous. First of all there is more oil "elsewhere" than we ever imagined (see Brazils offshore discovery last week for example). Secondly, by exporting trillions of U.S. dollars to our enemies now--Saudi, Venezuelan and Iranian--we permit them to buy up all of our assets on the cheap and insure that the future will be one of slavery to foreigners.

Lots of Freepers and other Americans don't mind toiling for foreign masters just so long as there are jobs jobs jobs. I remember how various states competed in give aways to Toyota, Honda and others to locate new plants there

Chinese have invested in Blackstone and are trying to invest in a few other American firms who specialize in takeovers& makeovers. China just might start buying up a lot of the USA. Dubai and other Arabs are looking at the same

My solution is to start exploiting our Western coal reserves full throttle.

[kinghorse]

If it’s ridiculous why do we get right in there and die to secure it? Because you can’t fill up your stupid tank with dollar bills. Some day those dollars may be worth nada but that resource will always hold value.