Liberals/Democrats want to nationalize American Oil Businesses

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John Hofmeister (President of Shell Oil):
"I can guarantee to the American people, because of the inaction of the United States Congress, ever-increasing prices unless the demand comes down. And the $5 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."

Maxine Waters (Democrat Representative from California) replied:
"And guess what this liberal would be all about. This liberal will be about socializing ... uh, um. ..." [...PAUSE...] "Would be about, basically, taking over, and the government running all of your companies. ..."

Congresswoman threatens to nationalize oil industry

First, our congress critters voted to sue OPEC. Now they want to federalize our oil industry. Does Hugo Chavez ring a bell?

hotair.com/archives/2008/05/22/video-maxine-waters-threatens-to-nationalize-americas-oil-industry/

Video: Maxine Waters threatens to nationalize America’s oil industry
posted at 9:26 pm on May 22, 2008 by Allahpundit


Befitting the catastrophic stupidity of this idea, she doesn’t even know what the proper term for it is. I’m sitting here telling myself that Shep and the Foxies must have taken this out of context somehow since it would seem rather newsworthy and yet there’s not a single article about it on the wires that I can find. Go figure. But here you go, one of the most alarming collectivist ad libs by a mainstream American politician since the last creepy thing Hillary said, whatever that may be. Viva Chavez!


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...and Hillary's own...

hotair.com/archives/2007/02/02/video-hillary-wants-to-take-oil-profits-and-put-them-in-strategic-energy-fund/





I keep telling people that the majority of the Democratic Party is nothing but a party of Socialist/Marxist/Communists. The Command Staff of that party, the holders of power have stated over and over again that socialism is the way to go. Once again here is the proof.

If the Liberals get the White House 2008 and a 3/4 majority in the House and Congress. We as the United States of America will be destroyed. The Stasi and KGB will come and take folksm like me away to the gulags of Nothern Alaska or just shot me in the back of my neck right below my skull.

People. If you care about your rights. Don't vote Democratic. I cannot understand how a person that values their rights can vote for a party that takes them away. That damn witch said that she will take away private businesses and nationalize it.

First it's a oil companies next it your corner 7-11.
 
Lemme ask one question: Will price gouging continue?

Let me ask you this? Have you taken a economic course and do you understand the idea of supply and demand?

OPEC pumps out oil and controls the price and output. Oil Companies buy the crude oil from OPEC. Thus they must pay what ever price OPEC demands. Since we (the USA) is not going after our own oil within our nation and our waters we must pay what OPEC demands. Communist China is drilling for oil off the Florida Coast but not American Companies.... Hmmmm, something seems wrong.

Also we (the USA) haven't built a new oil refinery since the 1970s but we have closed down many since then. So we can have all the crude we want but we can only process so much of it into gasoline.

The Oil Companies have stated that, the citizenry have stated that, and the economists have stated that.

Also, what right does the government have in NATIONALIZING a PRIVATE BUSINESS?

None! It's as if you were running a furniture store and the government comes in, takes it away from you, and runs the business.
That's call COMMUNISM last time I checked.


Socialism_by_miniamericanflags.jpg
 
hey now, I was just asking a question. I agree, nationalizing the oil business isn't the answer...

You do have to admit that most of the nationalized healthcare systems are much more efficient than our private healthcare system.
 
hey now, I was just asking a question. I agree, nationalizing the oil business isn't the answer...

You do have to admit that most of the nationalized healthcare systems are much more efficient than our private healthcare system.


Then why to the Brits and Canadians come over to the USA for medical care? Because they have Nationalized Healthcare. It sucks. There are cases in the Canadian Supreme Court over the Nationalized Healthcare System and how people are dieing because of it.
 
Let's just drill in northern Alaska by then but thank to the liberals or Democrats for prevent the drill in Alaska....
 
So 2 democrats is a majority?
No offence but what two people say they would like to happen does not equate to something that will happen.

As far as the Chinese drilling "off Florida" goes you are being a little misleading as the Chinese are drilling for oil in Cuban waters along with India, Spain, France and Canada and lets face it if this was such a huge deal to the USA why would GWB have renewed the treaty recognising the boundaries in 2006?

I would suggest that for all of your "its the Democrats/socialists fault" rhetoric the guy that is screwing you on this one is the Republican in office right now.
 
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Then why to the Brits and Canadians come over to the USA for medical care? Because they have Nationalized Healthcare. It sucks. There are cases in the Canadian Supreme Court over the Nationalized Healthcare System and how people are dieing because of it.

The UK public healthcare system does suck actually. I have several friends over there and one's been having a very, very hard time with their healthcare system.
Don't know about the Canadian one.
In South Korea there is both. It's very much affordable (without a sacrifice in quality), the wait times are shorter and from my experience anyway the Korean hospitals are far more professional. I mean FAR more professional.
 
Let me clarify a few things because as is alot of misinformation out there:

1. First the UK health care system does suck but do you know why?

In most UHC systems (Western+North Europe) the government system pays the largest majority of medical costs. This can be anywhere from 80%-95% while Private Health insurance picks up the remainder.

In the UK its precisely the opposite, Private health-care (like the US) picks up the majority while the NHS (National Health Service) picks up the minority. And yes the British have the same problems we do (price gouging, denial of service to reduce costs) etc. The NHS is also stymied in Bureaucratic redtape, but thats a error in how the system was organized the UHC itself

And I don't know of very many Canadians that go to America for health care, why should they its the most expensive care in the world. Why would they come here when the get it for free (or very cheap in Canada). Why do you think so many Americans buy their presciptions over there? And I know of many people who have gone there for operations or other procedures, in fact Congress has attempted to end BOTH practices.

My 89 year old grandmother had a stroke a few months ago. 2 Ambulance trips, 5 days in the hospital, supervised care, medication, everything included here total cost was 0 Euros. You show me any US Private healthcare systems that offer that level of coverage (100% for a major healthcare, not a minor scrape) and I'll eat my hat. I used to be on the Oxford system (largest provider in the US) I promise you they do not offer this.

For every modern (and even a few less modern) country that has a UHC system that has problems I can name 2 were it works fine. On the other hand, show me one private healthcare system anywhere that offers 100% coverage to all its citizens.

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2. The Oil Industry is already nationalized as it owns most of the Republican Party. Our President and Vice President are/were both oilman, as was Donald Rumsfeld. The oil industry has its greasy hand right up congress's blouse. In 2001 of the 50 US senators getting kickbacks from the oil industry only 6 were Democrats. They should rename it the RepublicOILn Party. So right off the bat its ludicrous to try and blame the democrats.

The Executive and Legislative branches controlled by BIG OIL. The oil industry even dictate US Energy policy (Cheney's ultra-secret Energy task Force). I call that nationalization doesn't anyone else?

And because of it we have now: Arabs who wont pump more oil in order to stick it to the USA, a vastly reduced oil refining capacity (nobody in the US wants to build refineries to keep prices high), reduced supply, vast demand from Asia, skyrocketing prices and oil companies like Exxon whose profits last year exceeded $400 Billion (a record) while claiming its beyond their control).

Kinda of makes you want to ditch the current oil system doesn't it? And thats what the Dems really want to do.

5.56

None! It's as if you were running a furniture store and the government comes in, takes it away from you, and runs the business.
That's call COMMUNISM last time I checked.

No thats SOCIALISM. Communism is something else. Socialism is an economic system its opposite is Capitalism. Communism is a political system its opposite is Democracy. And you can have a mix of both.

For example:

Most of Europe have elements of Socialism (like healthcare) and are Democracies/Republics
China and Cuba are becoming more and more Capitalist but still remain politically communist.

Pure Socialism is bad, but so it pure Capitalism. Capitalism can rob people of the liberties just as easily as a socialist state, it just does it by a different manner.
 
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Then why to the Brits and Canadians come over to the USA for medical care? Because they have Nationalized Healthcare. It sucks. There are cases in the Canadian Supreme Court over the Nationalized Healthcare System and how people are dieing because of it.

it might suck, but we don't die waiting to find out if our credit will allow the payments.

everyone gets exactly the same treatment over here, none of the "you're richer, you can afford the drug, you can have it" like in the states (afaik). We have the option of private healthcare, but my family chose against for this reason: "why pay for something we get free?"

(not strictly true, comes out in our taxes)
 
Good post Insomniac - you have certainly got the principle right.
It's a shame that it doesn't always work quite like that. In fact a great many important drugs are available only to the rich, in practice, and availability of many more is restricted by many Trusts so it is a lottery dependent upon where you happen to live.

Besides this unfortunately a great many of us are dying through fatal hospital infections, poor nursing standards etc.

So criticism of what should be a great system would be fuelled by one's own particular experience, and many who can afford to do so (not necessarily rich) prefer to go abroad for treatment, in some cases to what could be considered 3rd world countries.

Do I support the system -basically yes I do. Do I despair of it's severe problems at the present time - yes I do.
 
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it might suck, but we don't die waiting to find out if our credit will allow the payments.

everyone gets exactly the same treatment over here, none of the "you're richer, you can afford the drug, you can have it" like in the states (afaik). We have the option of private healthcare, but my family chose against for this reason: "why pay for something we get free?"

(not strictly true, comes out in our taxes)

Exactly, the point of nationalised health care is to provide everyone with adequate health coverage regardless of income, if you want the best you can still choose private plans.

Universal health coverage is not a replacement for private health care it is a supplement to it.
 
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Let me ask you this? Have you taken a economic course and do you understand the idea of supply and demand?

OPEC pumps out oil and controls the price and output. Oil Companies buy the crude oil from OPEC. Thus they must pay what ever price OPEC demands. Since we (the USA) is not going after our own oil within our nation and our waters we must pay what OPEC demands. Communist China is drilling for oil off the Florida Coast but not American Companies.... Hmmmm, something seems wrong.

Also we (the USA) haven't built a new oil refinery since the 1970s but we have closed down many since then. So we can have all the crude we want but we can only process so much of it into gasoline.

The Oil Companies have stated that, the citizenry have stated that, and the economists have stated that.

Also, what right does the government have in NATIONALIZING a PRIVATE BUSINESS?

None! It's as if you were running a furniture store and the government comes in, takes it away from you, and runs the business.
That's call COMMUNISM last time I checked.


Socialism_by_miniamericanflags.jpg

You obviously no nothing about oil futures contracts. Also, US dependence on OPEC oil is allowing OPEC countries to buy more and more control of the US economy with petro dollars.
 
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The culprit is greed and the casualty is America.
Truth is, all this rampant greed, lack of focus on the product and the feel for entitlement to things everyone hasn't earned is a far bigger threat than any moron who wants a way to visit 70 virgins.
 
High oil prices have very little to do with OPEC or with sources of crude. It has more to do with a limited refinement capacity and the very thing already cited - Supply and Demand. China and India are rapidly modernizing, and that includes people buying cars. If the demand for oil from those countries increases, and the ability to produce gasoline remains the same, you have a price increase.
 
This is rediculous. The constant bashing of Democrats. Ill admit this oil thing doesnt sound all that well thought out, I think we should find an alternative fuel in my opinion and just drill the **** out of Alaska. Now heres another thing a Democrat proposed. Before I get a bunch of people whining about how much a whimp I sound like speaking about hybrid fuel cars and I get responses such as "Im infected with stupidity" which I will gladly respond to with "Eat me do**** bag." I would like to give you the example of Sal Palo, Brazil. More than half of the people there now drive vehicles that use a fuel called Ethanol. It can be produced by the use of a special sugar cane. Once the good ole cigar puffing dictator in cuba dies. We will be able to import one of the their biggest products besides cigars. Sugar cane. Bet some of you ignorant pricks thought I would say baseball players huh? They have enough to supply our country for a long time. This in turn would make the importing of oil from middle eastern countrys such as Saudi Arabia not necessary. Which in turn would help with the "War on Terror" because half of our foe's funding would be gone. Yes, Saudi Arabian oil familys DO support terrorism. Dont ever get it twisted. They would go threw a depression of sorts without our oil money. Hopefully they would go back to riding around in caravans in the desert. Instead of living in a gigantic walled off house with armed guards. It would greatly reduce polution in citys as well because Ethanol does not give out gas fumes... It just leaks a lil bit of water and steam out of the tailpipe.
About Democrats though, our choice for this election is a cold fish or a very inexperienced loud mouth but that does not mean anything. Some of the best times in US history we had a Democrat in office. Actually most. Who was the "Hero of the Great Depression"? The answer would be Franklin Delano Roosevelt a "New Democrat" of the time. Who introduced state government welfare to help impovershed familys. Sure it may cause some problems in communitys today. Back then though it was necessary. Before my Grandmother died she said the greatest man in history she ever lived to see was old Franklin there. Thats because when her father lost his job at the mills in Lawrence, Franklin put food on her and her familys table. Not only that but he did help keep a country together during a time of war. A time of war which I might add was a REAL war. In which not just some key things were in danger of a terrorist attack but our home land could be invaded, and republicans like to state Democrats are the worst wartime leaders. FDR pushed the Nuclear Bomb to be created which probably saved around 500k american marines lives which would be lost in the invasion of japan. We have 4000 comfirmed deaths of US personnel in our current war in Iraq not including contractors which I rarely hear about anyways. Not to put down those who have made the sacrifices in the war in Iraq but imagine 4000 coffins in a period of 5 years. Compared to a total of 415,000 in addition to 500,000 casualtys in another 2 year campaign. Put the two next to each which one is bigger. Einstein advocated for its creation with a hand delivered message to Franklin which in turn was found by John F Kennedy. Now let me tell you something about that guy. Who just happened to be a Democrat.

He represented my home state of Massachusetts at one time. He was said to have some views that bordered on communism which is untrue. My father remembers the day so clearly he was shot and how he cryed infront of the TV set. Kennedy would of been one of the most promising presidents in history if he had lived to see the rest of his term which was ended by a head wound in my opinion. Especially compared to the one who took his place Lyndon B. Johnson who immediated reversed Kennedys decision to withdrawl 1000 troops from vietnam by 63.

Now Im ending this rant because Im up at 3:00 in the morning having passed out in a drunken stupor at 8:00. The ignorance of all of you claims honestly makes me laugh. "Lets blame the democrats for all of the problems when half of them were caused by a republican working with oil companys." is what you should be saying. Then respond to all posts with "YOU HAVE INFECTED ME WITH STUPID!" Well to let you know there buddy your born with stupid. Its an herited trait from backwoods people with little minds whos predecessors got a little too close to their 1st cousins. Lets not forget who was here before good ole Bush. Ill give you a hint his wife is running for president he got impeached because he's humans and humans get horny, the french actually liked us when he was in office and he left office with an approval rating at 65%, the highest end of office rating of any President since WWII. Now what does that say? Take a look at todays american economy, then look back to then. Who was president in WWII? What party was he?
Before you bash Democrats learn your facts.
 
High oil prices have very little to do with OPEC or with sources of crude. It has more to do with a limited refinement capacity and the very thing already cited - Supply and Demand. China and India are rapidly modernizing, and that includes people buying cars. If the demand for oil from those countries increases, and the ability to produce gasoline remains the same, you have a price increase.
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Not entirely true. OPEC could alleviate oil prices by increasing production -something the Saudis have REPEATIVLY REFUSED (again dear friends remember) to do.

The lack of refining capacity is a problem, but its a problem known for a long time. Do you know how many new Refineries have been built in the past 30 years in the USA? ZERO. When Katrina knocked out 25% of US refinaries the prices skyrocketed. Some bright sparkplug in the oil industry figured out they could make more money by NOT refining oil than by refining it.

China and India are emerging economies and they are increasing demand, but I am sure the oil industry is using that as an excuse to smokescreen the fact they are manipulating the market as well.

$400 Billion Profit in 2007 alone.
 
$400 Billion Profit in 2007 alone.
And such decent people too! All that money and if you google them you will find a bunch of union strikes because of low wages, dangerous working conditions, etc. And half of their workers in the Middle East don't are paid less than minimum wages, because their governments won't allow unions...
 
hey now, I was just asking a question. I agree, nationalizing the oil business isn't the answer...

You do have to admit that most of the nationalized healthcare systems are much more efficient than our private healthcare system.

Until you really need it, then you'll learn an old lesson, you get what you pay for.
 
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