Democrats move to nationalize oil refineries

[benny215]

http://www.foxnews.com/urgent_queue/index.html#a54ef44,2008-06-18

"We (the government) should own the refineries. Then we can control how much gets out into the market."

-- Rep. Maurice Hinchey (D-NY)

you have got to be kidding me, this will solve absolutely nothing and only make it worse

 

[asgardshill]

I don't see what you're getting so upset about. Nationalizing stuff you want for yourself is what every other socialist banana republic government does.

 

[pcosmar]

Among other things, the Democrats called for the government to own refineries so it could better control the flow of the oil supply.

A truly scary thought there. But not unexpected, there have been some efforts to move us in that direction.

 

[Truth Warrior]

Yeah, it's ALWAYS worked out so well EVERYWHERE that it's been tried!

 

[danberkeley]

Among other things, the Democrats called for the government to own refineries so it could better control the flow of the oil supply.

Get ready for shortages! Btw, Hitler also "socialized" refineries. Oh! But dont compare Dems to Hitler!

 

[Truth Warrior]

Get ready for shortages! Btw, Hitler also "socialized" refineries. Oh! But dont compare Dems to Hitler!

Why not they're both socialists.

 

[electronicmaji]

Well there are arguements for this. The Goverment should ensure the flow of neccesity items like food, oil, water, safety, etc. And their are counterarguements. I really don't know what they should do exactly.

 

[brandon]

Well there are arguements for this. The Goverment should ensure the flow of neccesity items like food, oil, water, safety, etc. And their are counterarguements. I really don't know what they should do exactly.

Have you not learned a damn thing in the 6 months you spent at this forum?

 

[OptionsTrader]

Have you not learned a damn thing in the 6 months you spent at this forum?

No he is an Obama shill.

 

[brandon]

The Goverment should ensure the flow of neccesity items like food, oil, water, safety, etc.

Well I guess as long as the government ensures items like safety keep flowing we should all be grateful.

 

[werdd]

Yeah the goverment will save oil just like social security, the falling dollar, and entitlement programs.

 

[HOLLYWOOD]

Get ready for shortages! Btw, Hitler also "socialized" refineries. Oh! But dont compare Dems to Hitler!

Yeah, compare the Democrats to Lenin!

Wasn't he the one who coined the phrase: Fascism is Capitalism in decline?

 

[asgardshill]

Cue Ben Franklin quote and boiled frog analogy in 5, 4, 3, 2 ...

 

[werdd]

Yeah, compare the Democrats to Lenin!

Wasn't he the one who coined the phrase: Fascism is Capitalism in decline?

The democrats are directly(and decievingly) modeling their selves directly after communist russia.

that is atleast the product they are selling.

The funny thing is, some idiots want it so bad that they are willing to believe these lying bastards. It's astonishing how we worked so long to defeat communism, and now there are some who think its a good idea to move in that direction.

One thing is for sure, whichever way the election goes, if their name has a D or an R next to it we are in for 4 more years of Iraq.

 

[silverlegacy]

One argument in favor of nationalizing the oil and natural gas industry is Norway. They have very successfully nationalized theirs. It pays into a fund, The Government Pension Fund of Norway, and that pays for and ensures long term (***in theory***) stability for their programs. Their fund is growing by leaps and bounds with high oil prices and is invested in stock markets, commodities and other investments, so, in theory, it should continue to grow. In fact, if the fund gets large enough it could be totally self-sustaining for lots of their social programs.

Think of it as the ultimate mutual fund.

BTW I don't agree that we should nationalize anything and the markets would work much, much more efficiently if they were free. But I can recognize that some socialist aspects can work as intended if the are implemented properly with a sound gov't.

 

[OptionsTrader]

But I can recognize that some socialist aspects can work as intended if the are implemented properly with a sound gov't.

"A sound government." What in the hell is that?

 

[silverlegacy]

One that isn't totally corrupt, which is nearly impossible.

 

[electronicmaji]

The democrats are directly(and decievingly) modeling their selves directly after communist russia.

that is atleast the product they are selling.

The funny thing is, some idiots want it so bad that they are willing to believe these lying bastards. It's astonishing how we worked so long to defeat communism, and now there are some who think its a good idea to move in that direction.

One thing is for sure, whichever way the election goes, if their name has a D or an R next to it we are in for 4 more years of Iraq.

HARDLY. They are modeling themselves after Moderate developed countries. Their not even liberal socialists. There conservative or very moderate ones. Their ideas are considered moderate and common sense in every developed country in the world.

 

[pcosmar]

As I remember, we overthrew the elected government of Iran because the nationalized their oil production.
We have also sent terrorists into South America for the same reasons.
That is the reason Chavez is so hated.

Now they want to do it to us.

Hypocrisy.

 

[AutoDas]

One argument in favor of nationalizing the oil and natural gas industry is Norway. They have very successfully nationalized theirs. It pays into a fund, The Government Pension Fund of Norway, and that pays for and ensures long term (***in theory***) stability for their programs. Their fund is growing by leaps and bounds with high oil prices and is invested in stock markets, commodities and other investments, so, in theory, it should continue to grow. In fact, if the fund gets large enough it could be totally self-sustaining for lots of their social programs.

Think of it as the ultimate mutual fund.

BTW I don't agree that we should nationalize anything and the markets would work much, much more efficiently if they were free. But I can recognize that some socialist aspects can work as intended if the are implemented properly with a sound gov't.

This is one of the reasons why I hate when the Europeans want to cap and trade. They are exporting all of their oil, they are the cause of it. If they want to help then they should stop drilling for oil but they won't do that because they rely on the industries in more capitalistic countries. Socialists have a myopic social plan, what happens when the oil runs dry?