Friday, November 03, 2006

Venezuelan 'fair trade'

Ken Livingstone is off to Venezuela to secure a deal for cheap fuel for Londoners. That incredibly rich London is being offered subsidised oil from rather poor Venezuela does not appear to alarm the lizard loving fool. After all, it's a win-win solution: London gets cheap oil, Chavez gets to grandstand wasting oil revenues. The only losers are the Venezuelans but they're not going to cause trouble while the sun is shining and the oil money is flowing. Good times...

2 comments:

Gracchi said...

Another example of how raw materials can often not help countries to acquire the governments which will help them towards longterm prosperity- run through the Middle East- Nigeria- Venezuala.

Dave Cole said...

Newts are amphibians, not lizards.