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To: ianschwartz

Maxine Waters wants government to run all oil companies.

Proof?

Her own words:

http://www.youtube.com/watch?v=o3I-PVVowFY&feature=related


110 posted on 09/16/2009 2:19:00 PM PDT by MindBender26 (Does "We All Weed Up" Indicate Obama Is Now Channeling Bob Marley?)
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To: MindBender26
Maxine Waters wants government to run all oil companies.

Maxine Waters warns Shell president in House committee hearing

Posted: May 23, 2008
© 2008 WorldNetDaily

A report by Fox News, captured in a clip posted on YouTube.com (Must see video! http://www.youtube.com/watch?v=PUaY3LhJ-IQ) , showed Waters challenging the president of Shell Oil, John Hofmeister, to guarantee the prices consumers pay will go down if the oil companies are allowed to drill wherever they want off of U.S. shores.

Hofmeister replied: "I can guarantee to the American people, because of the inaction of the United States Congress, ever-increasing prices unless the demand comes down."

The Shell exec said paying $5 at the pump "will look like a very low price in the years to come if we are prohibited from finding new reserves, new opportunities to increase supplies."

Waters responded, in part, "And guess what this liberal would be all about. This liberal will be about socializing … uh, um..."

The congresswoman paused to collect her thoughts [for about 5-6 seconds this went on, while her colleagues behind her laughed].

"...would be about, basically, taking over, and the government running all of your companies..."

The oil executives responded, according to Fox News, by saying they've seen this before, in Hugo Chavez's Venezuela.

Article: Congresswoman threatens to nationalize oil industry Maxine Waters warns Shell president in House committee hearing:
http://www.worldnetdaily.com/index.php?fa=PAGE.view&pageId=65111

111 posted on 09/16/2009 2:24:29 PM PDT by ETL (ALL the Obama-commie connections at my FR Home page: http://www.freerepublic.com/~etl/)
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