On Tue, 2 Sep 2008, James Farrar wrote:

On Tue, 2 Sep 2008 09:50:55 -0700 (PDT), John B
wrote:

On Sep 2, 5:24*pm, James Farrar 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/bu...s/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.