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The fed govt's role should be to facilitate the building of infrastructure, and BTW we would bankrupt Iran if we do it quickly enough...
It appears that you are undermining your own argument. How, exactly, are we going to "bankrupt Iran" by reducing US oil consumption, when according to your own statement, growing demand in China and India will more than replace the US demand?
Iran at the moment is totally dependent on oil revenues to pay for not only the day to day expenses of a country, but it’s nuke program, support for jihaddy’s in Iraq and a military build up.
“IF” we could get Ethanol rapidly into use in the US, the world’s current largest consumer of oil would no longer need as much oil
Eventually China and India would pick up the slack in the long term, in the short term, Iran would be bankrupt.