Saturday, July 30, 2005

China's bid for the United State's oil

"Laissez faire" is one of the most important terms in the history of the United States. Our businesses are allowed to run without interference from the government.

That being said, there should be no one advocating the sale of Unocal to 71% state owned CNOOC Ltd. If we are to support a global market emulating the United States other governments should not be allowed to put their hand on business. If George Bush cannot use the treasury in an attempt to purchase companies neither can China.

On top of that we would be allowing China access to our natural resources. Everyone knows you cannot let another country have control of your resources. Even video games like Civilization stress you to not let other countries just take your resources. Come on people. There's really nothing else to say.

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