Saturday, September 05, 2009
The next industry on the chopping block
Last year, in a House hearing on gas prices, executives of the large oil companies were asked for a "guarantee" that prices would go down if the areas surrounding the United States ("The No Zone") were opened up for exploration and drilling. The president of Shell Oil answered the question.
"I can guarantee to the American people -- that because of the inaction of the United States Congress -- ever-increasing prices unless the demand comes down. And the five dollars will look like a very low price in the years to come if we are prohibited from finding new reserves and new opportunities to increase supplies."
Rep. Maxine Waters (D-CA) didn't like that answer.
"And guess what this liberal is going to be all about!"
"This liberal will be all about socializing --- uh... uh..."
"Uhm... ... ... will be about... ..."
"... ...Basically... ..."
"Taking you over. And the government running all of your companies."
The word, of course, is "nationalize" and the Hugo Chavez gameplan hasn't worked out so well for Venezuelans.
And check out the poor schlub sitting next to her. You can almost read his mind. How the heck did I get stuck sitting next to this national embarrassment?
After "reforming" health care, the National Socialist Democrats will target the energy industry. Whether through cap-and-tax or some other stealthy mechanism, Democrats will punish more job creators as certainly as night follows day.
And If Waters is really the best that Californians can do, I would recommend that residents start evacuating now.
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