Thursday, October 09, 2008

Bush's Slow-Creep Communism

So it seems socialism will come under Republican government. The latest idiotic idea is the proposal to partially nationalize many of the nations banks. Why? To "restore confidence." Apparently that neo-Marxist Paulson hasn't noticed that the bailout package did nothing to restore confidence, as the stock markets continued to plummet. Indeed, why would an entity with almost $10 trillion in debt give anyone any confidence. That would have been like Washington Mutual offering to buy up banks when it was in such serious debt that it collapsed, as it did. Nobody's going to consider that stabilizing. No, this isn't about stabilization. It's about nationalization. It's a slow-creep version the American people will stomach, but that's where it's going. And if history shows us anything, it shows us that no matter what the country, no matter what the economy, if you want to destroy an industry, nationalize it.

1 comment:

Todd Camplin said...

So, I am listening to The Diane Rehm Show on NPR. She has two economist on talking about the happenings. One economist said he wanted the US to follow the China model and that DEFLATION was a good thing. As a Libertarian, I can smell evil. That is the evil Bush and the successors will likely follow.

"There is a time to think, and there is a time to act, and this here gentalmen is no time to think."

Michael Moore's, Canadan Bacon