On Tue, 2 Sep 2008, James Farrar wrote:
> On Tue, 2 Sep 2008 09:50:55 -0700 (PDT), John B
johnband.org>
> wrote:
>>> On Sep 2, 5:24Â pm, James Farrar
gmail.com> wrote:>>>> shovelling money into the Venezuelan state oil company
>>>
>>> Um, that was a Livingstone policy.
>>
>> No, that was taking money *from* the Venezuelan state oil company.
>
> Didn't it involve buying fuel from them at a reduced price? That's still
> giving our money to them.
What it actually involved was them paying us 20%% of what we spent on
diesel. From any source. No actual oil came from Venezuela - at least, not
specifically; i imagine some of the diesel we bought was once Venezuelan
dinosaurs or whatever.
See:
http://www.london.gov.uk/assembly/budgmtgs/2007/mar22/minutes/appendix.pdf
Which is muddled, but functions as a kind of truth ore, from which useful
knowledge can be extracted.
tom
--
Passersby were amazed by the unusually large amounts of blood.
