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Nationalize Oil and Set the Price of Gas? History Shows the Democrats’ Folly
All American Blogger ^ | 6-23-08 | Duane Lester

Posted on 06/23/2008 5:23:36 AM PDT by Bodhi1

It was astonishing to hear Maxine Waters openly discuss nationalizing the oil industry. She was talking to the heads of America’s oil companies, and she was a little worked up, so it was also possible to say that it was just one person, speaking impulsively in a moment of anger, and easily dismissed.

What left most conservatives and libertarians staring in slack jawed wonder was when Maurice Hinchey (D-NY) stood before the press and advocated nationalizing the oil refineries. While most have known about the socialist beliefs of the left, what surprised them was the matter of fact manner in which they were suggesting socialist controls over the oil industry.

Finally, the socialist trifecta was complete with Obama supporter Malai Lazu, of the non-profit group Oil Change International calling for “price controls” on Neal Cavuto’s “Your World.” As she simply put it, “When Congress can set prices, Congress can set prices.”

This is, at best, ignorance of history.

(Excerpt) Read more at allamericanblogger.com ...


TOPICS: Business/Economy; Government; Politics
KEYWORDS: 110th; democrats; energy; hinchey; johnhofmeister; maxinewaters; nationalization; oil; refinery; socialism
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1 posted on 06/23/2008 5:23:37 AM PDT by Bodhi1
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To: Bodhi1

Let’s set minimum wage at $30/hr and gas prices at $2/gal

Then we’ll all be rich!

[/sarc]


2 posted on 06/23/2008 5:27:06 AM PDT by Disturbin (Liberals: buying votes with your tax dollars)
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To: Disturbin

Wow! I never thought about that. Good call.


3 posted on 06/23/2008 5:28:48 AM PDT by Bodhi1 (Homeschools for a reason.)
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To: Bodhi1
While most have known about the socialist beliefs of the left, what surprised them was the matter of fact manner in which they were suggesting socialist controls over the oil industry.

The communists are becoming bolder.
4 posted on 06/23/2008 5:29:16 AM PDT by monkeycard (There's no such thing as too much ammo.)
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To: Bodhi1

Nothing has ever been fixed by government.


5 posted on 06/23/2008 5:40:32 AM PDT by Southerngl
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To: monkeycard
The communists are becoming bolder.

Yes, and too much of the public is unbothered by it or apathetic.
6 posted on 06/23/2008 5:42:00 AM PDT by swatbuznik
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To: Bodhi1

“it was astonishing to hear maxine waters openly discuss nationalizing the oil industry.”

you can always trust a communist to be a communist. (along with her other communist comrades in the United States Congress.)

IMHO


7 posted on 06/23/2008 5:46:40 AM PDT by ripley
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To: Bodhi1
Maxine Waters warns Shell president in House committee hearing

Posted: May 23, 2008
© 2008 WorldNetDaily

A report by Fox News, captured in a clip posted on YouTube.com (Must see video! http://www.youtube.com/watch?v=PUaY3LhJ-IQ) , showed Waters challenging the president of Shell Oil, John Hofmeister, to guarantee the prices consumers pay will go down if the oil companies are allowed to drill wherever they want off of U.S. shores.

Hofmeister replied: "I can guarantee to the American people, because of the inaction of the United States Congress, ever-increasing prices unless the demand comes down."

The Shell exec said paying $5 at the pump "will look like a very low price in the years to come if we are prohibited from finding new reserves, new opportunities to increase supplies."

Waters responded, in part, "And guess what this liberal would be all about. This liberal will be about socializing … uh, um. …"

The congresswoman paused to collect her thoughts [for about 5-6 seconds this went on, while her colleagues behind her laughed].

"...would be about, basically, taking over, and the government running all of your companies. …"

The oil executives responded, according to Fox News, by saying they've seen this before, in Hugo Chavez's Venezuela.

Congresswoman threatens to nationalize oil industry Maxine Waters warns Shell president in House committee hearing:
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=65111

_____________________________________________________________

Chávez vows to nationalize all energy - International Herald Tribune:
http://www.iht.com/articles/2007/01/14/business/chavez.php

Venezuela's Chavez says government could nationalize supermarkets, food storage facilities:
http://www.iht.com/articles/ap/2007/02/15/business/LA-FIN-Venezuela-Nationalizations.php

Chavez to nationalize telecom, utilities:
http://www.msnbc.msn.com/id/16530241/

U.S. blasts Chavez plan to nationalize electricity, phones:
http://www.usatoday.com/money/world/2007-01-08-venezeula-usat_x.htm

_____________________________________________________________

Al Sharpton, Rep Maxine Waters and Rep. John Conyers Jr of Michigan (chairman of the House Judiciary Committee) are all signers of the Revolutionary Communist Party call to "Drive Out the Bush Regime".

Click on the WCW link just below and see: "Endorsers of the Call to Drive Out the Bush Regime Include". Conyers' endorsement appears right after Ward Churchill's. Al Sharpton's, Maxine Waters and Jesse Jackson Jr's are further down the list:
http://worldcantwait.net/index.php?option=com_content&task=view&id=2538&Itemid=2

Fact: World Can't Wait--Drive Out the Bush Regime is a Maoist-revolutionary movement/organization initiated and controlled by the Revolutionary Communist Party!! (scroll down the list that appears (after clicking link) to find the World Can't Wait organization --rwor.org is the website of the Revolutionary Communist Party):
http://rwor.org/a/rwlink/links.htm

From David Horowitz's FrontpageMag.com /DiscoverTheNetworks.org:
Profile: World Can't Wait (WCW)
*Revolutionary communist movement that stages protests against the Bush administration
*Organizes college and high-school students
*Founded in June 2005 by Charles Clark Kissinger, a longtime leader of the Revolutionary Communist Party
http://www.discoverthenetworks.org/groupProfile.asp?grpid=7213

From David Horowitz's FrontpageMag.com /DiscoverTheNetworks.org:
"Throughout its history, one of RCP's [Revolutionary Communist Party] principal objectives has been to foment civil unrest in the United States. The most notable example of such efforts occurred on April 29, 1992, when RCP members looted and trashed the downtown and government districts of Los Angeles, triggering the infamous Rodney King riots. During the days immediately preceding the violence, RCP -- which maintained close ties to the L.A. gangs known as the Crips and the Bloods -- had circulated throughout South Central Los Angeles a leaflet featuring a statement by RCP National Spokesman Carl Dix, titled 'It's Right To Rebel' -- a quote popularized by Mao Zedong.

Encouraged by Dix, RCP activists helped lead the riots that would leave 58 people dead, more than 2,300 people injured, some 5,300 buildings burned, and $1 billion in property damaged or destroyed. On the ten-year anniversary of the rioting, RCP member Joseph Veale fondly recalled the violence as 'the most beautiful, the most heroic civil action in the history of the United States.'"
http://www.discoverthenetworks.org/groupProfile.asp?grpid=6197

"The RCP upheld the 1992 sometimes-violent unrest in Los Angeles and nationally as a 'rebellion' in the aftermath of the Rodney King verdicts. Then-LAPD chief Daryl Gates alleged that the RCP was involved in the 'riots'. Los Angeles has long been one of the RCP's larger and more active branches. William 'Mobile' Shaw was a local leader who recently passed and received public commendation from the party."
http://en.wikipedia.org/wiki/Revolutionary_Communist_Party%2C_USA

Maxine Waters on the Los Angeles riots of 1992 (Rodney King riots):
"[Maxine] Waters has been criticized for her comments regarding the Los Angeles riots of 1992. In defense of the people that looted stores and damaged property, Waters said 'If you call it a riot it sounds like it was just a bunch of crazy people who went out and did bad things for no reason. I maintain it was somewhat understandable, if not acceptable. So I call it a rebellion.'[5] She also said it was 'a spontaneous reaction to a lot of injustice' and 'The anger in my district is righteous. I'm just as angry as they are.' She responded to the mass looting of Korean-owned stores by saying: 'There were mothers who took this as an opportunity to take some milk, to take some bread, to take some shoes. They are not crooks. Everybody in the street was not a thug or a hood.'"
http://en.wikipedia.org/wiki/Maxine_Waters#Los_Angeles_riots_of_1992

From the website of the Revolutionary Communist Party (revcom.us or rwor.org) :
"Create Public Opinion, Seize Power: We are preparing minds and organizing forces for the time when there is a major crack in the system, whenever it comes and wherever it comes from: an opening that makes it possible to bring the future Revolutionary Army of the Proletariat (R.A.P.) into the field and wage a revolutionary armed struggle that actually has a chance of winning. And we have said that building our party itself is the most important part of organizing forces for revolution. This is true now, and it is true looking forward to the creation of that future R.A.P. and the waging of that armed struggle.":
http://revcom.us/a/v20/1000-1009/1000/barw.htm

Also from the Revolutionary Communist Party website: "Tearing Up the U.S. Paper Tiger in Korea: How 300,000 Chinese Troops Snuck into Korea and Kicked the Ass of the U.S. Armed Forces" RW #1059, June 18, 2000:
http://rwor.org/a/v22/1052-059/1059/korea.htm

Here's the Revolutionary Communist Party (see link below) boasting of a FULL PAGE 'World Can't Wait--Drive Out the Bush Regime' ad of theirs which appeared in the New York Slimes. (either "rwor.org" or "revcom.us" takes you to the website of the Revolutionary Communist Party). The NY Times has since allowed several additional full-page RCP/WCW ads.
Article title: "Who Hated the Bush Step Down Ad in the New York Times? ...And what that Tells Us About Why We Must and How We Can Drive Out the Bush Regime"(actual title)
http://www.rwor.org/a/028/who-hated-bush-ad.htm

Revolution interview with "Peace Mom" Cindy Sheehan: October 29, 2005:
('Revolution' is the newspaper of the Revolutionary Communist Party)
http://rwor.org/a/021/cindy-sheehan-interview.htm

8 posted on 06/23/2008 5:52:07 AM PDT by ETL
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To: Bodhi1
It is unbelievable to me that a rational person could even think about wage and price controls given the disaster they produced in the early 70's under Nixon. Which would you rather have: All the fuel you need at $4/gallon, or no fuel at $2/gallon? Wage and price controls, at best, produce shortages, as the article confirms. Evidently people have forgotten the 5 gallon limit, the two-mile long lines at the gas station, buying only on odd-even days depending on your license plate number. At the time, I lived in Omaha and my parents in Ohio. I actually drove home once in a VW Bug with two 5 gallon containers filled with gas in the back seat because I didn't know if I'd be able to fill up on the way home. How stupid was that?

Maxine Waters and those of her ilk who would nationalize the oil industry have only one thing in common: The lust for power. The Citizens for Responsibility and Ethics in Washington two years in a row voted her the most corrupt person in Congress. Given those awards were at the time William Jefferson was hiding $90K in his freezer, that's saying a lot. Her bio says she "attended LA State College", but evidently she did not graduate and I'm pretty sure she didn't major in economics. Yet, here we have a corrupt, economically illiterate person trying to set national economic policy to would likely destroy the oil industry in this country. How can voters elect people like this? Can such people really "buy" a seat in Congress? Man, would I like to see a national current events test as a prerequisite to the right to vote...especially if I get to make up the test!

9 posted on 06/23/2008 5:54:05 AM PDT by econjack (Some people are as dumb as soup.)
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To: Bodhi1

Paging Ms. Waters...Socialist Call...


10 posted on 06/23/2008 6:17:21 AM PDT by Coffee200am
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To: Bodhi1

What these idiots don’t seem to realize is that it would bankrupt the country to compensate the stockholders of all of the oil companies under eminent domain. Would have to repeal the Fifth Amendment to make it work....


11 posted on 06/23/2008 6:31:45 AM PDT by hreardon
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To: econjack

“How can voters elect people like this?”

That’s easy to answer. Dumbass, clueless blacks elect other dumbass, clueless blacks to represent them (and to stick it to those people who have a dollar more than they do).

Dumbass, clueless whites elect other dumbass, clueless whites to represent them (and to stick it to those people who have a dollar more than they do).


12 posted on 06/23/2008 7:00:32 AM PDT by july4thfreedomfoundation (Screw the caribou....we need the oil!)
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To: hreardon
That's why the government won't take their ownership. They'll just put a Department of Energy person in every refinery and other major oil production facility and a whole bunch of them pestering every oil company HQ to control the oil companies. Then if "Big Oil" still finds a way to make a profit, it will be taxed as a windfall profit. It will be like Mussolini’s dream or Ayn Rand's (and our) nightmare.
13 posted on 06/23/2008 7:03:33 AM PDT by KarlInOhio (Whale oil: the renewable biofuel for the 21st century.)
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To: july4thfreedomfoundation

We need to institute a current events test that you must pass before you’re allowed to vote. It wouldn’t have to be all that difficult...just enough so that you can be assured that they understand who and what they are voting for.


14 posted on 06/23/2008 7:52:13 AM PDT by econjack (Some people are as dumb as soup.)
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To: Bodhi1

Unless there is a massive backlash, the Communists are going to take over this country.


15 posted on 06/23/2008 11:57:07 AM PDT by TexasRepublic (When hopelessness replaces hope, it opens the door to evil.)
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To: Disturbin

There are tons of people right here on this board calling for this... it’s absurd how many liberals post as if they’re “conservatives”. So many people on FR don’t even know what it means to be a conservative.


16 posted on 06/23/2008 12:13:40 PM PDT by TexasGunLover ("Either you're with us or you're with the terrorists."-- President George W. Bush)
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To: ETL

“This liberal will be about socializing … uh, um. ….
...would be about, basically, taking over, and the government running all of your companies. …”

ALL YOUR BASE ARE BELONG TO US.


17 posted on 06/23/2008 12:14:39 PM PDT by the OlLine Rebel (Common sense is an uncommon virtue.)
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To: econjack

How?

By promising a bunch of selfish people everything.

Too many people in this country have become selfish people not wanting to have any responsibility. They want everything handed to them on a platter with no effort, and that’s what Dem’s/Commies inevitably promise. From minimal prices for everything but their wages (which must be maximized), to handouts with no repercussions, that’s what it’s about.

They’re really like a bunch of selfish children.

Dems really got this country going their way.


18 posted on 06/23/2008 12:21:59 PM PDT by the OlLine Rebel (Common sense is an uncommon virtue.)
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To: the OlLine Rebel

The really sad thing is that the GOP doesn’t call them out on this. But then, they really can’t, since they’re starting to do the same thing. The GOP I once knew is dead.


19 posted on 06/23/2008 1:23:42 PM PDT by econjack (Some people are as dumb as soup.)
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To: Bodhi1

Nothing that Maxine says surprises me at all.


20 posted on 06/23/2008 2:41:25 PM PDT by Tallguy (Tagline is offline till something better comes along...)
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