Nationalization of Natural Resources is only logical.

[Jacobtm]

It simply makes no sense for Mexico to allow British Petroleum to pump, sell, and profit from Mexican oil, so the Mexican state controls its own oil, profits from it, and largely funds itself through oil money.

Makes sense.

[k-onmmunist]

Completely agree. BP should be re-nationalized by the British government.

[Antonio the Sixth]

Of course, natural ressources belong to everybody.

[Gustaf]

How do you define natural resources? What is an unnatural resource?

[Pingvin]

When goverment touches something, it turns into s**t.
And I think that BP can better control mexican oil.

[k-onmmunist]

When goverment touches something, it turns into s**t.
And I think that BP can better control mexican oil.

Recent events seem to certainly have vindicated your opinion =/

[True Federalist (진정한 연방 주의자)]

When goverment touches something, it turns into s**t.
And I think that BP can better control mexican oil.

Recent events seem to certainly have vindicated your opinion =/

Considering that BP got Deepwater Horizon under control in three months and it took Pemex nine months to plug Ixtoc I, your joke may have more truth than you intended.

[k-onmmunist]

When goverment touches something, it turns into s**t.
And I think that BP can better control mexican oil.

Recent events seem to certainly have vindicated your opinion =/

Considering that BP got Deepwater Horizon under control in three months and it took Pemex nine months to plug Ixtoc I, your joke may have more truth than you intended.

Corporate neglect caused the BP oil spill.
An accident caused Ixtoc I

It took longer to plug perhaps, but then BP is a much bigger company with more resources at it's disposal.

[Filuwaúrdjan]

BP should be re-nationalized by the British government.

Only part of the monster called BP was ever owned by the British government.

[Jacobtm]

When goverment touches something, it turns into s**t.
And I think that BP can better control mexican oil.

What does that mean ''better control''?

Mexico has one of the lowest tax rates in the Americas, because so much of its government's money is supplied by its oil revenues.

BP controlling it would harm the 110 million Mexicans who would have to pay much higher tax rates as a result of privatization.

It would certainly line BP's pockets nicely. At the cost of ing over Mexicans.

Which is exactly why they shouldn't privatize.

[Jacobtm]

How do you define natural resources? What is an unnatural resource?

Things you take from the land and sell, is what I'm thinking of. Oil, gas, minerals, precious gems.

The kinds of valuable things foreigners love to steal from poor countries.

[Atlas Has Shrugged]

Of course, natural ressources belong to everybody.

I disagree. The natural resources on private property belong to the owner, so if the government were to buy the land in which an oil well or mine is located, it would be ok. But full blown nationalization is way too far in my opinion.

[RogueBeaver]

No, just no. But there should be a vigorous antitrust policy to ensure that privatization is not merely a transition from one monopoly to another.

[Jacobtm]

No, just no. But there should be a vigorous antitrust policy to ensure that privatization is not merely a transition from one monopoly to another.

The monopoly that ought to control oil, gas, and the like is the government, which ought to use it to benefit its citizens.

If the U.S. government owned and operated all natural gas wells in the country, we could pay for all sorts of things like, oh, I dunno, better education, better infrastructure, better healthcare...