House Democrat Maxine Waters Calls For Nationalizing the Oil Industry

wow · #**121** (**permalink**) 05-28-2008, 08:08 AM

Quote:

Originally Posted by smart makes a comeback

Make no mistake, congress may have the checkbook, but it is the president, one way or the other, who drives economic policy and economic trends

A five line memo from his CEA or his fed chairman, can move markets by triple digits (if you beleive the Fed has total autonomy from the white house, guess again) A proposal or veto threat can do the same, as can a stement regarding economic stratagy or tax policy.

You make a good point, in that yes, A president sometimes needs a cooperative congress to fully imapact the economy to his liking, but keep in mind, this President had one for 6 years

Some times, like Clinton, a president needs to go head to head with congress, and actual;ly forced a government shut down to push his agenda through

One way or another, it is the President that sets and drives the economic agenda

Congress spends every dime of your tax money.

wow · #**122** (**permalink**) 05-28-2008, 08:14 AM

These Socialists keep saying the oil industry should be non-profit.
That would mean oil companies would not pay taxes.

Congress makes more profit from gasoline than do oil companies.
Congress and OPEC are profiteering from hijacking Americans at the pump.

reccles44 · #**123** (**permalink**) 05-28-2008, 09:30 AM

Quote:

Originally Posted by smart makes a comeback

Tell me right wingers, what hurts worse, your knees from being on them giving Bush and the oil companies a 7 year long hummer, or your anus from willingly bending over and letting then give you the high hard one up the ass ?

I guess you like the current system huh ?

Public institutions are just SO evil right...public institutions ..like..ummm....the Miliitary ???

LOL...good GAWD you people are stupid

Hurry..get back to your AM radios...Rush has some more sound bites for you !

You know what really surprises me (and I guess it shouldn't) is the fact that you Liberals think everything Bush does is about oil. No matter how many times we prove to you that American Oil companies are not really the bad guys.

The Federal and State governments make more on a gallon of gas than the oil companies. In fact, the governments get it at least twice. Once at the pump and again in the form of income taxes. Both of which the consumer pays.

Then there is the fact that we cannot go get our own oil. While every other nation on the planet that has the ability is drilling in places our own government wont let our own oil companies drill which forces us as a nation to go buy oil on an open world market and pay $130 a barrel. Now if Exxon has to pay Hugo $130 a barrel for oil how is it Exxon's fault? How is it Bush's fault?

It embarrassing to have our President go to a dictator and a king and beg them to increase production in order to lower prices of oil when we have the very same power to do so but can't because some environmental groups have us all held hostage. You can blame Bush for not standing up to those idiots and I guess in a round about way for being the indirect cause of high oil prices. But you cannot blame him directly. It is you, the environmentalist that is to blame and it is you who support them blindly who are to blame.

Its called global economics people. The USA and Russia are not the only economic super powers anymore. You have some 2.5 billion people working their way out of the stone age and they need and want energy. You want oil prices to go down, then take out China and India and take 2.5 billion people out of the picture and you will have all the cheap oil you want.

reccles44 · #**124** (**permalink**) 05-28-2008, 09:39 AM

Quote:

Originally Posted by Skinny Fatts

Absolutely, and I would never argue for no taxes...that's silly. But what does that have to do with the topic at hand? I never once argued for no taxation, maybe you were responding to someone else? Or drifting perhaps.

LOL explaining your correct position on taxes to a liberal is like explaining the theory of relativity to a 5 year old. They just don't get it. They probably never will get it. They fail to understand that the governments money is not the governments money. It is your money. It is my money. We the people are the government.

Reasonable taxes to run an efficient government is not an unfair thing to have. But lets face it, we dont have an efficient government and we do not have reasonable taxes. We are taxed everywhere for just about everything which results in double even triple taxation.

You think I am wrong, well you have an income tax. So everything you buy is paid for a with after tax dollars. So then you pay sales tax or a user tax or a toll or a license or a fee. Sometimes you get a license and still have to pay another fee to use what your license gives you the ability to use (road tolls for example - triple taxation)

Giving the government more control over something (like the oil industry) will not increase production or lower cost it will only result in higher taxes to cover their inability to run the industry properly (Amtrak for instance)

Joe_King · #**125** (**permalink**) 05-28-2008, 09:39 AM

Liberals do not think thing through .... they FEEL .....

just like most women do ..... they feel the need to nurture and coddle their emotional grasp on their brand of reality

A. Crowley · #**126** (**permalink**) 05-28-2008, 09:43 AM

Yo King,

Yer an Idiot, and don't think things through.

wow · #**127** (**permalink**) 05-28-2008, 09:45 AM

Quote:

Originally Posted by smart makes a comeback

As publicly traded companies, they already are subject to government regulation, but as long as the criminal enterprise that is the Bush Justice department and the no balls inert Dept of Energy is in power, you won't see the enforcement of anti trust and anti colusion laws, nor will you see anything that resembles energy policy

The SEC knows perfectly well, it has zero teeth without cooperation from justice department, so they do nothing as well.

All that needs to happen, is current laws be enforced, and there needs to be an energy policy that serves American interests, not Oil company, Saudi, UAE, and commodity traders interests.

Remember when it was found that the REPUBLICAN controled LIUNA (Laborers international union of North America was found to be so currupt and mobbed up,.that it went into government recievership ? Not even Republicans complained
The same needs to happen to the oil industry, until it can clean itself up

Democrats have been questioning these oil company executives.
What did Democrats learn and what are they doing?

Joe_King · #**128** (**permalink**) 05-28-2008, 09:54 AM

Quote:

Originally Posted by A. Crowley

Yo King,

Yer an Idiot, and don't think things through.

another BABBLING line of bull with ZERO proof, fact, or even semi truth ...

SEE? your reality is JUST what you feel - you FEEL I am an idoit and post no facts to back up your assumption!

what a dweeb ....

A. Crowley · #**129** (**permalink**) 05-28-2008, 09:56 AM

Dubya is proof that you're an idiot, fool.

Joe_King · #**130** (**permalink**) 05-28-2008, 09:57 AM

Quote:

Originally Posted by wow

Democrats have been questioning these oil company executives.
What did Democrats learn and what are they doing?

WHAT ARE THEY DOING?? They are keeping these companies from drilling AMERICAN OIL so we can STAY dependant on OPEC oil and they have something to cry about ...

If we got our own oil out of the ground - we wouldn't be in need of being held hostage by the anti - American Arabs who are fiscally raping us ...