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Re: Well - do you believe me now? America becomes Socialism
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Originally Posted by iamwhatiseem
The taxpayer bailout will equal at least $1 trillion... a figure that this country unarguably cannot do without creating worse havoc than without it. The bailout is up to $500bn right now - it will at LEAST top $1.5 tn
Folks this is socialism to a scale that is BEYOND Hugo Chavez when he took over the oil industries.
America is no longer resembling a Representative Democracy, it is becoming a socialist state...for NO other style of Gov't would take this kind of tax dollars and bail out an ENTIRE industry, an industry that is the bigger part of our entire economy.
Argue with that.
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Well, i don't really see the social benefits of the feds being involved in banking. This is far worse than socialism. At least in socialism the citizen actually gets social services. You are not getting any thing back for this multi-trillion dollar 'investment' - in fact america is becoming less socially secure at the same time your government is getting involved in the private sector.
Its more like kleptocracy. It certainly does not resemble anything like socialism.
Andrew
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“...corporations and those who run them cannot stop exploiting resources and amassing wealth until they have... .I cannot finish this sentence, because the truth is that can never stop; like cancer, they can only continue to expand until they kill the host.”
-- Derrick Jensen
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