Maxine Chavez wants to socializ…..uh, uh, uh, take over Big Oil
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Or was that Hugo Waters, not sure if there is any difference in philosophy. Maxine, as in “this liberal” wants to take over Big Oil. Where is the condemnation by rational liberals on this outrageous threat?
My guess is profits would go down at US oil companies and that would thrill her.
So would production, making us more dependent on foreign sources, most of which are in the hands of governments, not just greedy capitalists.
You know who else might be thrilled if US oil profits go down? Every other oil producer in the world would be thrilled. Regardless of whether they were owned by pension funds or already nationalized.
Remember what someone else said on this site, every country in the world is a capitalist country. The only question is who controls the capital.
Our constitution, if I remember right, authorizes congress to make laws and regulate commerce, now own it, discourage it, or suppress it.