Oil extraction is much more capital-intensive than it is labor-intensive — which means it doesn’t produce a lot of lasting jobs. But in the end, it d… - Rachel Maddow

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Oil extraction is much more capital-intensive than it is labor-intensive — which means it doesn’t produce a lot of lasting jobs. But in the end, it does produce big revenues when it’s sold on the global market. That sets the stage for grand-scale corruption of the political class: people who can maneuver themselves into getting a cut of that sale price of oil will find themselves quickly rich, whether or not they actually expend any effort to pump the stuff out of the ground.

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About Rachel Maddow

Rachel Anne Maddow (born April 1, 1973) s an American television news program host and liberal political commentator.

Biography information from Wikiquote

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Birth Name: Rachel Anne Maddow
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The thing about rights is they're not actually supposed to be voted on. That's why they're called rights.

NIXON: Accuse you of what? AGNEW: Accuse me of — NIXON: Putting the pressure on them to make contributions? AGNEW: No, he may say he gave me a kickback of some kind. Came over here and handed me $50,000. Totally ridiculous. But — NIXON: Oh, God. AGNEW: I mean, they say it. I don’t know what this guy’s liable to say. NIXON: And Ted, they’re — AGNEW: They say he gave a federal judge some money. There are all kinds of rumors. NIXON: Good God, isn’t it awful? AGNEW: But this man is — NIXON: Well, can we destroy him?

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The Army's new pitch was simple. Good pay, good benefits, a manageable amount of adventure... but don't worry, we're not looking to pick fights these days. For a country that had paid so dear a price for its recent military buccaneering, the message was comforting. We still had the largest and most technologically advanced standing army in the world, the most nuclear weapons, the best and most powerful conventional weapons systems, the biggest navy. At the same time, to the average recruit the promise wasn't some imminent and dangerous combat deployment; it was 288 bucks a month (every month), training, travel, and experience. Selling the post-Vietnam military as a career choice meant selling the idea of peacetime service. It meant selling the idea of peacetime. Barf.

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