Big Brother Oil Co.

Congresswoman threatens to nationalize oil industry

It would seem that the Dims end game plan was purposely accidentally revealed by Socialist Democrat Maxine Waters (D-CA) last Thursday, May 22, 2008 in a grilling of oil executives by a House panel. She brazenly and openly threatened to nationalize the oil industry if it didn't do something about the rising prices at the pump.

Democrat Socialist Party Comrade M. waters (D-CA)

A report by Fox News, captured in a clip posted on YouTube.com, 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."

And with that the Socialist Democrat Comrade Waters snapped back with

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

Waters paused to collect her thoughts as if seeming to realize she had screwed up big time but decided to plunder ahead anyway since she had already crossed the line.

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.

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