Article audio sponsored by The John Birch Society

In response to Hofmeister, Representative Maxine Waters, a Democrat from Los Angeles, began: “And guess what this liberal [referring to herself] will be all about. This liberal will be all about socializ-… uh, uh…” Realizing she had inadvertently revealed more of her agenda than she intended, Waters stumbled for the right word before continuing: “… would be about, basically taking over, and the government running all of your companies.”

Fox News reporter James Rosen, who was covering the story in Washington, observed: “The word obviously that Maxine Waters was looking for there was nationalizing the oil industry.”

An incredulous Fox News anchorman Shepard Smith questioned Rosen: “Wow! How did Shell Oil answer that one?”

Replied Rosen: “Basically, by saying, we’ve seen this movie before, it’s called Hugo Chavez, in Venezuela.”