Our Marxist Left

Will Karl Marx, a man whose ideas should have been interred with his bones, yet win out in the West? The more I watch the left win the communications war and drive this nation ever more to the left, the more I fear so. According to a recent Rasmussen Poll, almost one third of the people polled favored nationalizing the oil industry.
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This is incredibly depressing news. Only a complete fool with no economic sense and no understanding of history could possibly believe that our nation would be better off nationalizing the oil industry in America. Yet, the left's relentless propaganda machine, with its incredible anti-business rhetoric, is clearly making inroads. This today from Rasmussen:

A Rasmussen Reports national telephone survey found that 29% of voters favor nationalizing the oil industry. Just 47% are opposed and 24% are not sure.

The survey found that a plurality of Democrats (37%) believe the oil industry should be nationalized. Just 32% of voters in Barack Obama’s party disagree with that approach. Republicans oppose nationalizing the oil industry by a 66% to 16% margin. Unaffiliated voters are opposed by a 47% to 33% margin.

Nationalization is the process by which the government assumes complete control of a private industry and its assets. It has been a common practice in totalitarian dictatorships, but as recently as 2001 following the 9/11 attacks, the U.S. government nationalized the private airport security industry and moved it under the Transportation Security Administration.

. . . Just 52% of American voters believe that an oil company should be allowed to keep profits from any alternative energy source it discovers [emphasis added]. Twenty-nine percent (29%) say the company should not be allowed to keep such profits while 19% are not sure. Democrats are evenly divided on the question. Republicans by a 4-to-1 margin, and unaffiliated voters by a 2-to-1 margin, say that the companies should be allowed to profit from discoveries that reduce the price of gas and other energy sources.

Thirty-six percent (36%) of voters say that passage of a windfall profits tax on oil companies would lead to higher gas prices. Thirty percent (30%) believe prices would remain about the same and 15% believe a windfall profits tax would lead to lower gas prices. Most liberal say that gas prices would be unchanged or drop.

Seventy-six percent (76%) say that development of new energy sources would do more than higher fuel efficiency standards to bring gas prices down--and keep them down. Just 14% believe higher fuel efficiency standards would be more effective. . .

Read the entire article. H/T Hot Air.

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