Quote:
Originally Posted by Guest
Start with this; republicans would not support an amendment that said this oil would stay in the US rather than be put on the world markets. They also would not allow an amendment that said all materials used in this pipeline will be American made products. These amendments were proposed by Sen Ron Wyden and Sen Al Franken.
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Wow! I must say I'm completely blown away by the complete lack of understanding and knowledge of economics 101 as displayed in this post.
Oil is a completely fungible product. In addition the whole point of world trade is to find economies of scale and lowest cost producers which is how collective societal wealth is built up over time.
I can understand how a comedian (Franken) can be this ignorant but I'm really surprised that you would say what you did