Nationalization of the Oil Companies
The Peoples Voice, April 25, 2008
We know what happens to people who stay in the middle of the road. They get run over.” - Ambrose Bierce
Are you sick and tired of being at the mercy of the grasping plutocrats who run Big Oil? Gasoline is now selling at $3.50 a gallon, as the price of a barrel of oil nears $120, with no end in sight to further increases. Meanwhile, the American economy is sinking faster than the Titanic. The dollar, too, is in sharp decline. Mortgage foreclosures are at depression era highs. Over three million middle class jobs have been exported in recent years. The Wall Street wise guys are in near-panic mode. The Fed, after 19 years of Alan Greenspan’s gross ineptness, is held in deep contempt. Yet, Big Oil keeps sucking off the American consumer, with a devil-be-damned attitude, while acting like a law unto itself… read more
Now if we can only nationalize everything, avoid all competition, then have nothing left for us to work for. Nationalization of the oil companies (a slight expense) would assure us of no development or improvements in the oil distribution system, and likely delay our attempts to look to alternative fuel.