*Breaking News*-House Democracts Call For Nationalization of Refineries
Friends, yesterday members of the Democratic majority of the United States House of Representatives called for the nationalization of America’s oil refineries. They did this in response of President Bush’s initiative that would allow off shore drilling. These radical Democrats are now truly embracing the socialism they so often deny. They believe that if the government owns refineries it can better control the oil supply. Sure, they’ll control the supply and not allow any of the oil to be sold thus raising prices to 8, 9, or 10 dollars a gallon. By raising the prices, the Radical Democrats hope that we will begin using other means of energy. What they don’t know is that there is any. In the mean time, middle class Americans will face price gouging by their own government while deciding whether of not to fill up the Chevrolet will cost them food for the week.
I have attached the memorable quotes from the press conference:
Rep. Maurice Hinchey (D-NY), member of the House Appropriations Committee and one of the most-ardent opponents of off-shore drilling
11:15
We (the government) should own the refineries. Then we can control how much gets out into the market.Hinchey on why they postponed the Appropriations markup
11:19
I think there aren’t enough votes for the Peterson amendment. It wasn’t taken up (the Interior spending bill) because of the omnibus Appropriations bill. That’s the main focus of the Appropriations Committee.Rep. Rahm Emanuel (D-IL)
11:16
They (Republicans) have a one-trick pony approach.Rep. Nick Rahall (D-WV), Chairman of the Resources Committee
11:06
You cannot drill your way out of this.Rep. Ed Markey (D-MA), chairman of the House Select Committee on Global Warming
11:11
The White House has become a ventriloquist for the oil and gas energy. The finger should be directed back at them. They had plenty of opportunity to (arrange an energy policy). But they did not put an energy policy in place.Markey
11:23
The governors of California and the governors of Florida are going to scream this is not the way to go.Hinchey
11:25
There are a lot of arrows in the President’s quiver that he decided not use.Hinchey
11:28
What we do has to be in the interest of the American people. Not major corporations.Emanuel
11:31
It’s like when I talk to my kids. Before we’re going to talk about dessert, we’ve got to talk about what’s on your plate. I hope I’m a little more successful with the oil industry than I am with my kids.Markey
11:32
”There are so many red herrings out there they might as well construct an aquarium.”From House Majoirity Leader Steny Hoyer (D-MD) when I asked him if the markup was cancelled because of potential Democratic defections on the Peterson amendment.
“No. The reason the markups aren’t going through is because we’re trying to get the supplemental on the floor tomorrow.”And from a Senior Republican House Appropriations Aide:
“There were multiple reasons for the postponement including ongoing negotiations on the (supplemental) and a (Democratic) wish to avoid debate and votes on the energy amendments
11 Responses to “*Breaking News*-House Democracts Call For Nationalization of Refineries”
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Sorry LL
How is this breaking news? We reported a month ago that Maxine Waters said the would Socialize, er… basically take over
tiberius, the reason I but breaking news as the title is because this was members of the Democratic leadership esstentially calling for socialization, whereas Maxine Waters merely had a slip of the tounge. Any time a member of the leadership like Rahm Emanual comes out to a press conference and calls for nationalization I believe it warrants the news banner of breaking.
LL I understand your position and don’t disagree that it was post worthy. I just have trouble accepting the fact that liberal democrats being socialist is anything new.
I must admit I saw the info myself and considered writing a post on it. The only difference is my headline would have read “Liberal Democrats finally decide to codify socialism into law”
Either way it was a good post and a message that needs to be told over and over because Obama supporters refuse to see it and just keep drinking the Kool-Aid.
Yeah, let’s quibble over the title of the news story. I just heard reference to THE SOCIALIST TAKE OVER OF A PRIVATE INDUSTRY IN AMERICA today on the Ingram show. That, and the recent SCOTUS decision on habeous rights for enemy combatants (see Ann Coulter’s article this week) and I’m very concerned. I see two branches of USA government that has completely turned their backs on the American people, they are self serving and corrupt, and there is nothing we can do. This is intolerable. This situation will not last long before something horrible will happen. God forgive America.
JimQ
You and LL are both right. The problem is that the democrats pushing us to socialism is barely news.
They have a congressman Bernie Sanders who openly touts his socialism. We reported last week that the Irish have said no to the EU because of socialism. France and Germany are moving away from it and we have the Democratic party just thinking that it has only been implemented wrong and if they can do it, it will be right. Their new standard bearer Barack Obama is leading the charge and 46% of the people in the country seem to be ok with it.
One thing you are starting to see is the democratic party being as corrupt as we know they are, you have the senate banking chair Christopher Dodd saying he didn’t know his $80,000 dollar decrease in his mortgage was wrong, while at the same time investigating the very company that gave him the loan accusing them of doing such things. William Jefferson (D) Louisiana is finally going to trial for his bribery charges. His sister plead guilty yesterday to charges in the same case this week. Now these people want to run the oil companies and other businesses?
My problem is that we have the likes of Maxine Waters creating comic relief on the subject. You and LL are both right this needs to be take more serious.
Socialism is not the answer for America. To have people like Bernie Sanders, Rahm Emanual, Maxine Waters, and Barack Obama pushing for this sort of system is wrong. America was not founded upon having the government control everything. They believed in federalism, not a government monopoly on industry.
Socialism isn’t all bad. If you think it is, then great. Don’t collect your SOCIAL security or medicaid when you retire. And don’t take anything from the unemployment office when you’re laid off or let go, that’s a socialist item as well.
Reality is that we need a mix of socialist, regulatory, and free market ideals to make this country run. You need a free market for things until there’s something or someone so large that it breaks the market. (Thus we have rules to prevent monopolies and price-fixing.) If something grows too large, it has to be broken up and taken apart (ala Ma Bell) to make the market work again. This is true of governments, markets, social groups, you name it.
On the oil topic
Right now, oil companies are out of control. They’re seeing record profits and are sitting on billions of barrels of oil on leased rights that have been drilled and capped since Bush 1 was in office. There’s something wrong with this picture, and it’s not that we’re “running out of oil”. We have plenty of it.
Even if there are 8B barrels of oil under ANWAR (which is the highest pie-in-the-sky estimate), thats enough to run America for at most, 2 years, excluding the war in Iraq. There’s over twice that <Bproven to exist in the National Petroleum Reserve which Bush 2 is still not tapping.
Not to mention the 10,000 existing leases already held by the major oil companies on US land. Some of those (about 3,000) have been drilled and tapped, and are sitting the the portfolios of the oil industries as “reserves”. As for the rest, the oil companies cry that “it takes time to explore for oil”. The same argument that most pro-drilling folks use. But this only shows they don’t need ANWAR. If they don’t have enough people to search for and drill for oil on 6,000+ existing (mainly land-based) leases, how will they have enough to explore and drill in ANWAR? Oh, wait.. they’re not. They don’t want to start drilling ANWAR, they just want to dish out the leases for ANWAR so they can add it to their stock portfolios to make their prices rise.
Want to know the real scoop? Happy reading:
http://www.nytimes.com/2006/09/21/business/21royalty.html
http://www.politico.com/news/stories/0508/10633.html
http://www.sourcewatch.org/index.php?title=U.S._federal_oil_and_gas_royalties
http://www.gao.gov/docsearch/abstract.php?rptno=GAO-08-792R
http://feinstein.senate.gov/06releases/r-royalty-relief629.htm
It’s a lot of reading. I’m sure you’ll find answers here and I’m sure you won’t like many of them.
woodyzipcode,
you are right. went through your links, don’t like em, don’t like em one wit, tell you why: Theme is guvmint ‘losing’ royalty $ on leases to ‘big oil’. If big oil is legit delinquant on lease payments, that’s an issue, but the govmint boys didn’t follow protocol, It is often the case private interests have legit claims against poorly written US Bills, so shame on NYT, shame on onerous big govmint. NYT remains bird cage liner, their opinion is moot and immaterial. In all the other royalty relief articles, nowhere is it mentioned at all. nothing, nada, the taxes big oil pays into the US Treasury each year. So read: http://www.taxfoundation.org/news/show/1168.html. Big oil is single handedly paying US welfare program with their tax payments. Think of the US govmint as FEMA, they will not fix your problems, nor are they authorized by the constitution to do so. Last I knew, no one, not democrat, not republican, not whack environmentalist, was providing gas for my car, only big oil. DRILL HERE, DRILL NOW, PAY LESS.
“Right now, oil companies are out of control. They’re seeing record profits…”
Good, because my pension and personal investment portfolio are most likely benefiting from this.
As I am sure are many, many other hardworking families across this country.
Hopefully, we middle class folks who have decided to go the route of personal responsibility won’t be forced to give away any more of our hard earned finances we intend to use to support ourselves and our families, all on our very own! I know, it’s a shocking concept.
At least no more than we already do to support a great many of those who choose to have fun now and worry later. Or not worry at all because the government (ie middle class taxpayers) will take care of them.
People like us used to be called responsible.
Now we’re just suckers.
“We don’t hate you Woody or anyone else and we’re not a hate site.”
“Socialism isn’t all bad. If you think it is, then great. Don’t collect your SOCIAL security or medicaid when you retire.”
Give me all of MY money back and I won’t. Believe me. I’d rather not have paid for these programs my whole life in the first place.
Woody, do you really believe that many of the younger folks that work will actually see social security by the time they retire?
There was an attempt some time ago to let those of us paying into the system decide how best to utilize and invest the money we pay into the system.
Unfortunately, the government decided that only they are smart enough to make these decisions for us.
“We don’t hate you Woody or anyone else and we’re not a hate site.”
Being one of the “younger” workers out there, no I don’t suspect that Soc Security will be around (or at least the same) when I retire. (At age 72, which should give you a clue how old I am…)
But Social Security, and many government programs, are there to help out the ones that hit a rough spot. It really doesn’t take much to put you in the poor house. One car accident, or problems with childbirth, and you’re screwed, even with medical insurance.
Reality is that some people could manage their money well enough that if they hadn’t paid into these systems they could have set it aside and have a nice nest egg now. But most can’t. I know, that’s not a government problem, it’s a societal one. But reality is, without government “socialist” programs, we’d have a lot more homeless, a lot more crime, and be a lot worse off than we are now.