‘Crisis not ‘wasted’: Obama to nationalize oil companies?’
Socialism item by Offsite - Jun 7, 2010

While management of the Gulf of Mexico oil spill has shaken many Americans’ confidence in the current administration, some voices in entertainment, news and academia see the crisis as reason to give the federal government even more power – namely, the ability to take over the oil industry.

The notion is catching on with the public, too. A CBS poll recently tabulated 63 percent of Americans believe the Obama administration should be doing more in response to the spill, and activists working through the SeizeBP.org website are planning protests in 50 cities throughout the week demanding the federal government take over BP, the company that owns and operates the leaking oil drill. Full Piece

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