Folks,
Whereas the President of the US is on record seeking higher oil prices for USA,
http://www.lewrockwell.com/rockwell/high-prices.html
the President of Venezuela is ALREADY shipping "deeply discounted" oil into NYC
for the
poor.
http://wcbstv.com/topstories/local_story_264060754.html
Of course, the USA pays the highest prices for everything, and Chavez is only
giving the
Bronx the same price, say, Belize gets. Perhaps the implication is the Bronx is
not part of the
USA.
It does show though, as far as getting low prices to the poor, there are
alternatives to US govt
intervention in the market. An alternative is to get foreign govt intervention.
John
Thursday, September 21, 2006
MORE help for the Poor
Posted in market intervention by John Wiley Spiers
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