Of course, if we seized the Saudi and Iranian oil fields and ran the pumps full speed, oil prices would plummet, dictators would be broke, and poor nations would benefit from cheap energy. But we'd be called imperialist oppressors, then.
UPDATE: Various people (with various degrees of enthusiasm) see the above as a call for invasion. It was, rather, a comment on the vacuity of the "imperialist oppressors" language. Though I was probably wrong there anyway: If we really were imperialist oppressors, the critics would be sucking up.
Me (or anyone not insane): Well, yeah, invading a country to steal its resources does seem kind of "imperialist" and a little "oppressive." But if those terms are too leftwing, how about "Saddam like" or perhaps, "not unlike the actions of Imperial Japan circa 1941." What is really disturbing is Reynolds' mindset. He thinks that opposing aggression is a morally suspect position.
And note that Reynolds is deciding how his political opponents would respond to a theoretical position and then he labels it vacuous. Harsh words coming from someone whose greatest contribution to public debate is "heh."