Communists: Today’s Democrat Party, Part 3
Communists: Today’s Democrat Party, Part 3
Democrats don’t even try to hide their intentions to take total control of all manufacturing and production in America. In 2012 Maxine Waters told the oil company executives in a testimony before Congress: “guess what this liberal would be all about? This liberal would be all about socializing — uh, uh, would be about basically taking over and the government running all of your companies.”[1] She let the cat out of the bag there but it was already a well-known fact the Democrats were well down that path to do just that with not just the oil companies but all manner of production including food, housing, and all other goods.
All we have to do is look at what other socialist/communist governments are doing to the population of their countries and their businesses. It is never a good thing when government takes control of any type of production facility. Venezuela’s oil production reached an all-time high in 1970 when the country produced 3.8 million barrels per day (BPD). In 1971, Venezuela nationalized its natural gas industry, and began taking steps to nationalize its oil industry. The oil industry was officially nationalized in 1976. At that time, the Venezuelan state-owned oil company Petróleos de Venezuela S.A. (PDVSA) was formed.