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Topic: NATIONALIZE THE OIL AND GAS INDUSTRY!
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rbil
rabble-rouser
Babbler # 582
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posted 14 October 2005 01:55 PM
Can't believe how some people just can't think out of the box. It's like whatever is today is unchangeable for all time. Convenient I guess for those who's class interests don't want to see change. But for the rest of us, anything is possible if the will is there. The same way it once seemed unthinkable that there would be old age pensions or public healthcare or unemployment insurance or even the opportunity for the poor to get a public education, the working class has been able to force change. The federal government could force nationalization on Alberta with the stroke of a pen. Whether Klein and the oil companies would like it, is another thing. But to say it's impossible is just plain bullshit. Cheers.
From: IRC: irc.bcwireless.net JOIN: #linuxtalk | Registered: May 2001
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outlandist
rabble-rouser
Babbler # 10253
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posted 14 October 2005 02:09 PM
quote: Originally posted by rbil: Can't believe how some people just can't think out of the box.... The federal government could force nationalization on Alberta with the stroke of a pen. Whether Klein and the oil companies would like it, is another thing. But to say it's impossible is just plain bullshit. Cheers.
That type of thinking is more outside the planet than outside the box. I do not disagree with a better return for Canadians from their resources but it must be done within the law.By unilaterally attempting to exert control of provincial resources granted under sec.92 of the Constitution Act,the federal government would consign the country to an acrmonious and divisive future,domestic and international.
From: ontario | Registered: Aug 2005
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radiorahim
rabble-rouser
Babbler # 2777
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posted 14 October 2005 09:09 PM
Well we were moving in that direction back in the 1970's with the NEP and the creation of PetroCanada. And believe it or not, the Bill Davis Tories in Ontario partially nationalized Sunoco...IIRC they said it was to give the government "a window on the oil industry".But since Mulroney, the FTA and NAFTA we've moved away from protecting the national interest. NAFTA was sold to us as a way to solve the softwood lumber dispute amongst other things. After 20 years of us still getting screwed its painfully obvious to all that NAFTA is dead dead dead...and time for us to get out of it. And after we get out of it, nationalize the oil and gas industries.
From: a Micro$oft-free computer | Registered: Jun 2002
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Stephen Gordon
rabble-rouser
Babbler # 4600
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posted 14 October 2005 09:23 PM
quote: Originally posted by rbil: Can't believe how some people just can't think out of the box.
How is recycling the policies of Clement Atlee's Labour govt 'thinking out of the box'? [ 14 October 2005: Message edited by: Stephen Gordon ]
From: . | Registered: Oct 2003
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Ichy Smith
rabble-rouser
Babbler # 10594
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posted 14 October 2005 09:28 PM
quote: Originally posted by outlandist:
That type of thinking is more outside the planet than outside the box. I do not disagree with a better return for Canadians from their resources but it must be done within the law.By unilaterally attempting to exert control of provincial resources granted under sec.92 of the Constitution Act,the federal government would consign the country to an acrmonious and divisive future,domestic and international.
How much better return on oil and gas do we require? Including the GST, provincial and Federal taxes we are getting 40% of the price of a litre of gas now. The problem is that governments are an incredible sinkhole for cash. Where exactly did you think Paul Martin is getting the surpluses from. It isn't from the taxes he pays........
From: ontario | Registered: Oct 2005
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M. Spector
rabble-rouser
Babbler # 8273
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posted 15 October 2005 06:40 PM
quote: Originally posted by radiorahim: And believe it or not, the Bill Davis Tories in Ontario partially nationalized Sunoco...IIRC they said it was to give the government "a window on the oil industry".
"Partially nationalized"?What they did in 1981 was buy a 25% interest in Suncor Inc. And they sold their interest in 1993. This had nothing to do with nationalization, partial or otherwise. It was purely an investment, and not a very good one, as it turned out. Nationalization requires control of the enterprise in the public interest. Controlling ownership of Suncor remained at all times in private hands.
From: One millihelen: The amount of beauty required to launch one ship. | Registered: Feb 2005
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Fidel
rabble-rouser
Babbler # 5594
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posted 15 October 2005 06:48 PM
quote: Originally posted by Stephen Gordon: Only to those with short memories.
If it really is a free market, then why can't the public participate in our own oil economy with publicly-owned enterprise as the Norwegian's are doing - as is done in Venezuela, Libya, Iran to some extent. Even though it lost by a slim margin, Attlee's labour government still won more votes than the conservative party in 1951. Not everyone in Britain is happy with Maggie's selloff of the country's silverware and family jewels for quick cash. Conservatives and Labour alike are now looking at the current American model for social security to improve on Britian's inadequate plan for seniors. It’s "actually cheaper for the state to carry the risk," says Chief Executive Christine Farnish, adding that in looking for a system that offers the best combination of modest guaranteed retirement benefits and low cost, the U.S. Social Security program seems the best model. "It doesn’t have to make a profit, and it delivers efficiencies of scale that most companies would die for," she says. [ 15 October 2005: Message edited by: Fidel ]
From: Viva La Revolución | Registered: Apr 2004
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outlandist
rabble-rouser
Babbler # 10253
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posted 15 October 2005 08:22 PM
quote: Originally posted by Ichy Smith:
How much better return on oil and gas do we require? Including the GST, provincial and Federal taxes we are getting 40% of the price of a litre of gas now. The problem is that governments are an incredible sinkhole for cash. Where exactly did you think Paul Martin is getting the surpluses from. It isn't from the taxes he pays........
Ichy, you mention the government take on domestic consumption while my focus is on the owner's return on resources at the wellhead. Also to be considered is the political capital created by nationalised energy interests. NAFTA has increased trade with the US but it has not increased the benefits of that trade to ordinary Canadians.GATT,IMF,World Bank,NAFTA are not the solution,they are threat from a different direction. Canada requires an independent foreign and defense policy as well as new trading partners to ease dependence on US trade. Having control over its energy supplies rather than allowing foreign interests to take the risk and reward would give Canada more clout in the international arena.[more as in more than none] The problem is that Canada does not have the capital to buy out its own oil industry and to seize it would make the country an international pariah.
From: ontario | Registered: Aug 2005
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Red Albertan
rabble-rouser
Babbler # 9195
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posted 15 October 2005 10:05 PM
quote: Originally posted by Ichy Smith:
How much better return on oil and gas do we require? Including the GST, provincial and Federal taxes we are getting 40% of the price of a litre of gas now. The problem is that governments are an incredible sinkhole for cash. Where exactly did you think Paul Martin is getting the surpluses from. It isn't from the taxes he pays........
What you are talking about is canadians being taxed on the refined product. That is, you get peanuts for the 'national resource' - I think it's somewhere in the vicinity of 15% at the wellhead -, get to pay world price, and then get to pay taxes on top of that world price. At least, what is needed is a policy that charges the oil companies $15 below the world price. The oil companies made money when oil was $15 at a cost of $8 per barrel extraction. As of summer of last year, oil extraction costs at the tar sands has dropped to $10 per barrel due to better extraction technology. They could make money paying $15 below world price to the government, and the difference this would make to the average Canadian would be incredible.
From: the world is my church, to do good is my religion | Registered: May 2005
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Sanitary Engineer
rabble-rouser
Babbler # 10538
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posted 15 October 2005 10:30 PM
quote: Yes but how do you want to rectify the problem? Lowering UI premiums for workers and emplyers. Or making collecting benefits easier eroding the incentive to work. Or pouring the money into worker training programs.
High premiums paid into the UI programI(which most people know they will never collect) certainly "erodes the incentive to work". if a person knows they have a skill they can market "off paper". The UI premiums, like the health insurance premium, are just a regressive form of taxation, collected for the general expenditure scheme, but labelled as otherwise.
From: Now Living In Ontario | Registered: Oct 2005
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Redflag
recent-rabble-rouser
Babbler # 7633
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posted 21 October 2005 04:28 AM
Yes we had better be ware about the poor workers losing their incentive to work. We must champion for the workers in there best interest, keep them always in doubt about there future to keep them morally superior. For some reason though the rich do not suffer from this disease that apparently only affects the working class. What pompous fool can believe these words! If we were to nationalize the oil under “democratic workers control” there would not be opposition to this from the working people, and would only unify the country more. It is important to note that the highest level of support for the nationalization of Oil is in Quebec and stands at something like 67% Unity for the working people of Canada! FIGHTBACK www.marxist.ca
From: Prescott | Registered: Dec 2004
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