Corporate & Securities Law

“This Liberal Will Be All About Socializing … Uhhh … Basically … Taking Over and the Government Running All of Your Companies”

That is from Maxine Waters (HT: Luke Froeb). It is increasingly difficult these days to figure out whether socialization/ nationalization is a threat or a promise. The clip is priceless. You can see her two colleagues getting a kick out of Waters’ rant (which starts about the 1:10 mark) in response to the assertion from a Shell executive that failure by the government to allow expansion of supply will result in higher prices.

Full post as published by Truth on the Market on November 13, 2008 (boomark / email).