This was an article in the wake of the BP Oil spill.
Now we have Big Oil companies that have the GOP in their pocket so they can get away with price gouging, oil spills and tax evasion.
Its time for the N-word.
For Big Oil, the N-word is "nationalize"
The petroleum companies are ruthless and regulation has failed. Perhaps it is time for radical measures
THURSDAY, MAY 27, 2010 Salon.com
.......but Chris Matthews does. The frustrated "Hardball" host, who is not known as an adversary of corporate power, was probably the first mainstream journalist, but may not be the last, to ask: "Why doesn't the president go in there, nationalize an industry, and get the job done for the people?"
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Seizing the petroleum companies is not necessarily the only way to achieve public control of oil. The people of the United States own enough petroleum and natural gas on public property to create one of the largest sovereign energy companies in the world, comparable to Mexico's Pemex or Saudi Arabia's Aramco (or on a more hopeful note, Norway's Statoil). This new outfit, perhaps called the Federal Oil Company of the United States, or FOCUS, could set a yardstick for environmental responsibility, worker safety and fair pricing, among other worthy objectives.
http://www.salon.com/news/opinion/joe_conason/2010/05/27/nationalize