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kpete

(71,984 posts)
Sat Mar 1, 2014, 11:14 AM Mar 2014

Keystone Pipeline: The Chinese will pay us nothing, or next to nothing-So Uncle Sam is Uncle Sucker.

Rep. Alan Grayson Become a fan
The Keystone XL Pipeline: Who Benefits?


The Chinese economy consists of taking raw materials and energy, making that into stuff, and then selling that stuff -- a/k/a "manufacturing." Chinese leaders understand that in order for that model to work, China needs steady supplies of raw materials and energy. But how do you get a steady supply of energy, in a world where those supplies are dominated by a cartel, and are concentrated in a part of the world prone to war? In America, we've been trying to puzzle that out for four decades, without success.

Well, the Chinese have figured it out. They're going to get their energy from Canada, a stable country, and pass it through the United States, another stable country. They will pay the Canadians the world price for oil. They will pay us nothing, or next to nothing. So Uncle Sam is Uncle Sucker.

http://www.huffingtonpost.com/rep-alan-grayson/the-keystone-xl-pipeline-_b_4870103.html

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