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To: crusty old prospector
I am pulling everyone’s chain as far as pleading ignorance about other multi-national service companies. My point is that Mexico is the FIFTH largest producer of oil in the world (we are third.) Why do they need a loan? Why can’t they just live off of current cash flow?

No, you are not. Your central contention is that Ex-Im Bank need not have loaned the money to Pemex in exchange for agreements to hire Americans, use American firms, and buy American equipment, because Pemex would have done so on its own, anyway. "We are the only game in town," and all that. It appears that we are not.

So what game are you playing?

29 posted on 09/08/2010 10:31:23 AM PDT by 1rudeboy
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To: 1rudeboy

The game I am playing now is called Clue. Like, get one.


30 posted on 09/08/2010 10:34:55 AM PDT by crusty old prospector
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