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Re: Massive Oil Deposit could Increase US reserves by 10x
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Originally Posted by Richard Osborne
Here's an idea: we nationalize the oil deposit in North Dakota, then set up a publicly owned non-stock, non-profit corporation to obtain the oil and refine it into gasoline, then sell the gasoline to our people at cost.
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Bad idea, as it would allow unfair competition between the country and private companies. Not to mention its theft of NDs resources.
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"To take from one, because it is thought his own industry and that of his father has acquired too much, in order to spare to others who (or whose fathers) have not exercised equal industry and skill, is to violate arbitrarily the first principle of association, "to guarantee to everyone a free exercise of his industry and the fruits acquired by it."
-Thomas Jefferson
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