Posted on 04/12/2022 6:15:06 AM PDT by JV3MRC
A leftist magazine co-founded by former President Bill Clinton's Secretary of Labor Robert Reich urged the federal government to seize control of the fossil fuel industry. Because … climate change.
The American Prospect, of which Reich is founding editor, ran an April 8 article headlined, “Nationalize the U.S. Fossil Fuel Industry to Save the Planet.” Leftist economist Robert Pollin argued that “Turning the biggest oil companies over to public ownership would serve several goals at once, including climate resilience.”
This is the same Pollin who co-authored a book with radical philosopher Noam Chomsky pushing a “Global Green New Deal.” In his new article, Pollin exploited the release of the Intergovernmental Panel on Climate Change’s latest climate doom-mongering report to argue: “[W]e must begin advancing far more aggressive climate stabilization solutions than anything that has been undertaken thus far.”
(Excerpt) Read more at newsbusters.org ...
“Nationalize” is another way of saying government ownership. A la Venezuela
How’d that work out?
Yes, nationalization would reduce CO2, but only because oil production would collapse 50% with the utterly incompetent government president running the business. There is proof of this all over the world.
Nutty Magazine Urging to ‘Nationalize U.S. Fossil Fuel Industry’ to Fight Climate Change
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...only if a conservative president an nationalize the entertainment and higher education industries.
Wonder how much Putin is paying Reich? The new green deal team is on his payroll.
These people are either insane or evil................
Will they name it “Brandon Oil Company” ??
Shorty Reich is evil. Needs a helicopter ride.
Private oil company executive: “What are your qualifications?”
Applicant A: “I am a petroleum engineer.”
Executive: “Great! We need more like you. You’re hired.”
Government oil company executive: “What are your qualifications?”
Applicant B: “I am a climate change activist. My degree is in social justice.”
Executive: “Great! We need more like you. You’re hired.”
What could possibly go wrong?
Reich also know as the 8th dwarf Commie has been saying stuff like this long before Putin cam along! Putin doesn’t need to pay Reich to spout damaging economic nonsense.
British Petroleum started the global warming fraud.
THINK.
It was to blame others (nonAngliophiles and NOT BP)
for THEIR (BP’s) oil spills WW,
and to ruin the US Republic’s energy wealth. [today]
RECONCILE.
“seize control of the fossil fuel industry”
That would include producers of gas, oil, coal, mining, power plants, electric companies, gas stations, manufacturing of cars and everything that uses electricity. Just another way of calling for the complete takeover of all the means of production, which is defined as communism.
Nationalization is uncompensated seizure, or stealing. There is no way the government has enough money to pay for those industries at current market value, so they would just take them. That is what these people are proposing.
I remember back when Rush had his short-lived tv show, they would do skits that just shredded Reich (who at that time was in the Clinton admin).
Thom hartman argued for this on his show the other day.
He went through all the nationalizations presidents had done throughout history.
It was bery interesting
Lol! Just his size!
Why doesn't Reich go over to China and India and tell them to stop polluting the planet?
Shanghai:
India:
Seems like we’ve been facing an unending series of crises for the past several decades, and the only cure always seems to be Communism and despotism.
The Government-run Postal Service has been such a success...let’s give them our oil companies.
What could possibly go wrong?
This communist midget is still alive?
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