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All of it, not just near Florida but the part in the Arctic as well. Then drill for the oil. Self half directly to China, use the money to buy back all our T-Bills. Sell the rest on the open market. Invest that money directly into R&D for renewable/alternative energy sources.
We get:
Short term reduction in price of gas. (more supply)
Stronger dollar. (less T Bills)
Increased employment. (Multiple large R&D firms funded by this)
Pay down our foreign debt. (by buying back the T Bills)
A lot of the hard work done on making new energy solutions feasible.
Yes, there will be drawbacks, yes some local environmental systems will be harmed, but long term this could help us out of a number of jams.
I know it will never happen, just say the word "nationalize" and people think your Castro.
