Link: sevenload.com
At least she's honest about which direction she wants America to go, unlike Barack Obama; if your philosophy is that the government exists to solve problems, then what better aspiration could there be than government take-over of large, crucial industries?
Now, at present these are merely the ravings of (I believe) the same notoriously batty representative who also asked NASA spokeshumans on the House floor if the Pathfinder robot saw our flag on Mars. In this instance, she also couldn't come up with the correct word for what she wanted to do: "nationalize." On a deeper level, she couldn't possibly be ignorant of what generally happens to oil production--key to lowering prices--when the government takes over...could she? (See Mexico and Venezuela for results.) But under the influence of the Obamas, Clintons, and Edwardses of the world, our nation inches closer to this possibility.
Of course, if government did take over the oil industry, the prices would likely be raised on purpose, if they could get away with it. After all, gas usage contributes to global warming! Modern liberalism--or, to use the correct term, "progressivism"--is all about making a better world and a better people through government policy. As Jonah Goldberg has written, it's what inspired Leninism in Russia, Nazism in Germany, Fascism in Italy, and the vast government experimentation of the Wilson, Roosevelt, and Johnson administrations.
Waters's socialist remark should be a reminder of what is at stake in this coming election--although McCain is as close to a progressive as self-proclaimed "conservatives" get. Her party, should a Democrat win the presidency, will have a nearly free hand to attempt to engineer society however it wishes. Caveamus...let us be wary.