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and is professor rich insist he wanted his treatment right that's a bit extra
students or context
or don't top today right now
isn't also to be called the golden gimmick
also seasons lately because congress
uh... talks a lot of those that may be getting ready or subsidies and then of
course decided not to
uh... conservative rubric is triple in america
uh... for a long time in this country loizeaux of controlled on about legal
standard oil which is not my job the rockefellers and then you probably don't
know
uh... that that's who he is
anti-trust laws force uh... central great company became a lot smaller still
pretty big companies
uh... with names today exxon texaco model
level is very closely connected and worked very closely together
well in nineteen forty nine that is when i was a big oil producer
i've decided to nationalized ought to have the government take over the or
production this weather
in the government will profit from that the drawing board
uh... we elected and uh... i dinner gambling like
saw nationalization sort anti capitalist and therefore communist
comet also saw as the government making profit more private company code
a little bit like nationalism particularly
uh... what is being done by a foreign country with the resource that we like
now it's worth pointing out
and two thousand aide said payment
uh... was most popular governor marika
largely because she did kind of a alaska state level version
of nationalization oil
and then took the proceeds and gave it to the to the people out there
so it's okay if you're a republican
but otherwise initiative economy these but in fact
in nineteen fifty three eisenhower will have the democratically elected
government of iran overthrown
uh... because they're trying to maximize or
was and i think we might as well as from nationalism or
and royal dutch shell
and jersey uh...
uh... jerseys jerseys detroit
but will cut a deal with the muslim government so they don't lose out on all
or
and if you will be
uh... for every dollar profit those or companies make all goes well
they will return
half of that fifty cents for every dollar
to venezuela
within a year it is the details of this does not have gotten out of saudi arabia
of course it's total once the same deal
the american oil companies p_l_o_ drilling in saudi arabia r_r_ under
consortium called aramco
uh... arab american
and saudi arabia wants to get half the profits from the glove the saudi arabia
oil
but of course lol cos like giving offer free they don't have to pay for their
own trails
uh... you know just like a business worksheet don't you take all the roll
tours for free and some other people
in people's money tree right that's what your business works
met ruben who's president i'm just worried that saudi arabia
might
move towards the soviets uh...
basically because of our support for israel
the big concern is that we're backing israel
muslims allied israel
and also there is some nationalizing the oil which is kind of constantly uh...
mansour who might lose the that we don't actually need oil in america at the time
we're producing more than the u
whose word independent that's on this point
but europe and japan destiny that will never allies was to try to help to
rebuild
from what we're too
himself from his religion kiki saudi arabia outside
and so you may think we've got a real problem here saudi arabia was at my
article exxon doesn't show you the money in truman once they both sides happy
but fear not for financial problem which is the american taxpayer suffering
because of the scheme
upset with truman sonny's indecision
expires in their repertoire although you can off of of site right now
and i don't have the money to saudi arabia or what about a quarter of two
the u_s_ government allow
uh... all companies aramco
tuned dot the enormity of the saudi arabia from the taxes they pay not from
their income but from the actual taxes they fit
uh... basically making all that lost money
was a lot of money to admitted is actually fifty million that's legal
meant to be set
but of course it is a very much much higher than notes they start sets of
that
half-a-billion dollars a year
and i've never seen a grow over the years because i a sequel propaganda
enforcement of the paper but it's been a professional for the american taxpayer
serious but what
tremendous are you ready happy sudden release of money
except it's all about it sharing and ultimately
uh... attire and cokie webcomics
um... and uh... and of course the american taxpayers argument and one
we get to pay more and more and more to keep in mind were already running
deficits this one are actually
uh... the later on spiroedu deficits
and so this is one of the reasons obviously why we don't like
uh... neglectful in that social security high school teachers get paid too much
that sort of thing
uh... but this is from bigger factor uh... uh... ultimately the these sorts
subsidies and ***
the reason we get it for himself he's during my interview to submit
is because israel
wheaton we thought his room get really a couple of really upset that the idea of
a skinny
enormous amounts of money to somebody that's on in it
it sort of a sudden backdoor subsidy program human saudi arabia
will eventually be american public india's rural find out that's when he
gets his nickname the golden unit
well israel interestingly enough does the minute we stop giving money to their
in saudi arabia
the accident and week you've been money too
they don't want bus to stop payment unless they israel to some bad and we do
course
so now everytime aramco makes a dollar
you know it actually has to get fifty cents a saudi arabia
and fifty cents to israel
to keep everybody happy
courses as they did he do universes corporations in america
here's what's the point of stress
you make your own way successes charmed by your hard work
small government left it there free markets
uh...
but if you don't have a very far down his trees
uh... to see the nothing too different from the truth
when we look at the success of a lot of these big corporations
the article videos of on while rhonda's like this
our judicial activism be a great time to do that
nations