Chris Matthews: Obama Needs to 'Nationalize' Oil Industry

Last week an agitated Chris Matthews tried to hold Dick Cheney accountable for the oil spill in the Gulf of Mexico, and this week Matthews is demanding action from President Obama, as the Hardball host pushed the President to nationalize the oil industry to solve the problem. On Monday's Hardball a visibly angry Matthews demanded Obama go after BP: "Why doesn't the President go in there, nationalize an industry and get the job done for the people?" and pointed out that in China they would have a much harsher response to BP: "They execute people for this. Major industrial leaders that commit crimes like this."

Matthews even took aim at the entire capitalist system, as over video of the oil slick, he sarcastically mocked: "Everybody says 'Capitalism is great. Unbridled free enterprise is great.' Look at it! This is great, isn't it?!" Read more ...