Congresswoman threatens to nationalize oil industry - Page 3

junjobx2199 · #21 (**permalink**) 05-24-2008, 07:37 AM

Quote:

Originally Posted by Anikdote

This kind of logic is the same kind that breeds the mindless comments by our socialist senator. Oil companies do business just like all other kinds of business. Every company that was every formed and publicly traded was founded on the basic principle of turning a profit. At to be quite frank, they aren't doing that good of a job of it when compared against other industries.

The oil company’s profit margins have actually dropped over the last quarter. But I'm assuming you understand what that means, which I probably shouldn't since you also don't understand the supply and demand aspect of the equation. When the demand for a commodities rises, but the supply doesn't, then prices are going to rise my friend... this is economics 101.

The next aspect that affects our prices at the pump is the falling value of the dollar, which relates to wasteful spending, feeding private industries with government subsidies and many other aspects of our poorly managed federal government. Even with this in mind that you want a federally regulated industry, like they've ever regulated any industry that doesn't turn into a total disaster. The hydrogen industry will be the future TSA and DMV of transportation.

Finally, with anyone from 12-20% of what you’re paying at the pump already going to taxes, and 57-72% percent going directly into the purchase of the raw materials, how exactly can you come up with the hair brained idea that the oil companies are operating unethically. Oh wait, you didn't understand what made up gas prices and were just reiterating what you heard on some talking head show, try doing some research and thinking for yourself, you'd be surprised at what you can stumble across....

Source

You make an awful lot of assumptions when dealing with somebody’s statements. Obviously everyone with a 5th grade education knows how supply and demand works. My statement said we should pay due care on how this Alternative energy is regulated and Produced to ensure that supply is met and with enough supply to ensure the prices do not out way the usefulness of it!
This is where you get into the issue of it being perverted by Oil industry. I have already said that I hold some socialistic views and this is where we should not allow for this commodity to be taken over by the same Industries that hold the reigns on oil. If they cannot be dealt with, if they cannot be reasoned with, dominate it!

Anikdote · #22 (**permalink**) 05-24-2008, 11:17 AM

But you fail to understand the possession of this commodity is completely out of our hands, and that regulating this commodity would require us to take control of the nations that produce it. So I guess you can add, Imperialist to socialist. In either case, you saying you have socialistic leanings makes very clear to me that we'll never reach agreement on many subjects.

I'd also like to apologise for my tone in the original post. I did make a lot of assumptions, but my beliefs in a free market economy and personal liberty make me very passionate about this subject.

f100supersabr · #23 (**permalink**) 05-24-2008, 11:58 AM

Quote:

Originally Posted by SenaxFlatulus

Maxine Waters warns Shell president in House committee hearing

In a grilling of oil executives by a House panel yesterday, Rep. Maxine Waters, D-Calif., threatened to nationalize the industry if it didn't do something about the rising prices at the pump.

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."

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

Link

Question:
What do you suppose was running through her mind when she paused to collect her thoughts after so eloquently saying, "This liberal will be about socializing... uh, um... " ?

My guess is that she finally realized that she is not a liberal but what you guys have been looking for all of these years you Socialist.

Did anyone else jump up and agree with her ???

f100supersabr · #24 (**permalink**) 05-24-2008, 12:02 PM

Quote:

Originally Posted by junjobx2199

You make an awful lot of assumptions when dealing with somebody’s statements. Obviously everyone with a 5th grade education knows how supply and demand works. My statement said we should pay due care on how this Alternative energy is regulated and Produced to ensure that supply is met and with enough supply to ensure the prices do not out way the usefulness of it!
This is where you get into the issue of it being perverted by Oil industry. I have already said that I hold some socialistic views and this is where we should not allow for this commodity to be taken over by the same Industries that hold the reigns on oil. If they cannot be dealt with, if they cannot be reasoned with, dominate it!

I think thazt the problem is that most of Americans who call themselves "conservative" like o view evryone who does not agree with them as "socialist". Now when they encounter a real socialist they do not know what to do. In essence they fall into that provebial dilema " they do not know whether to deficate or go blind".....

SenaxFlatulus · #25 (**permalink**) 05-24-2008, 06:07 PM

I was curious in my original post about what you folks thought might have been going through the Whack job congresswoman's head as she caught herself making a really stupid statement and obviously realizing how stupid she was sounding. Yet she continued on and finished her thought.

To the best of my observations there was one (f100) who actually answered that question. Thanks f! ^5

The rest were pretty interesting posts for the most part. One sticks out in my mind at how similarly the user seemed to the complete absence of thought represented by Ms. Waters. I mean really... what does this article have to do with FOX news or fly fishing?

I got comments about nationalization both pro and con, and some expected reactionary ideology... and a special thank you goes out to CDP for bringing the focus back to the subject.

Now, one last time I ask...

What do you think went through her mind in that pause?

Be creative folks! Make us laugh!

SenaxFlatulus · #26 (**permalink**) 05-24-2008, 06:11 PM

Quote:

Originally Posted by f100supersabr

I think thazt the problem is that most of Americans who call themselves "conservative" like o view evryone who does not agree with them as "socialist". Now when they encounter a real socialist they do not know what to do. In essence they fall into that provebial dilema " they do not know whether to deficate or go blind".....

I'm an American who calls himself a conservative. I can assure you that I don't call everyone who disagrees with me a socialist.

Some who disagree with me are simply stupid.

Some are run of the mill liberal.

Some are fellow conservatives.

Some are neo-cons.

Some defy description.

You'll note in the original article linked, Ms. Waters calls herself a liberal and is proud of working to help the cause of socialism.

Kinda' boggles the mind doesn't it?

ABoyNamedSue · #27 (**permalink**) 05-24-2008, 07:37 PM

Quote:

Originally Posted by SenaxFlatulus

Now, one last time I ask...

What do you think went through her mind in that pause?

Be creative folks! Make us laugh!

Jesus! I just "outed" myself!!!

TrueAlbo2006 · #28 (**permalink**) 05-24-2008, 07:46 PM

One thing I don't get is that these neolibs want lower oil prices but hate drilling which it is similar to say " I might be starving to death for some food because I can't afford it or don't want to pay the certain price, but please don't plant any more wheat because it's too dangerous for the environment". LOL....

White Fox · #29 (**permalink**) 05-24-2008, 08:14 PM

Quote:

Originally Posted by TrueAlbo2006

One thing I don't get is that these neolibs want lower oil prices but hate drilling which it is similar to say " I might be starving to death for some food because I can't afford it or don't want to pay the certain price, but please don't plant any more wheat because it's too dangerous for the environment". LOL....

The only difference between this and what they want is that people can live without oil, they just live in eternal poverty and near starvation due to lack of energy to power production in an economy.

SenaxFlatulus · #30 (**permalink**) 05-24-2008, 10:14 PM

Quote:

Originally Posted by ABoyNamedSue

Jesus! I just "outed" myself!!!

YES! We have a winnahh!

Something tells me that's pretty close to what she was thinking.

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