Quote: Originally Posted by
Iriemon 
Quote: Originally Posted by
Sinatra Interesting take on Obama's methods of DC-directed "compliant capitalism."
Is Obama really being this open regarding his desire to control all aspects of American business? Or is he simply bumbling about and being given direction by others?
At any rate, Morris makes a compelling case...
HOW OBAMA’S SOCIALISM WORKS at DickMorris.com So Morris criticizes Obama for trying to save Chrylser from a complete shutdown.
What was Morris' counterproposal? Just close the doors because it is a victim of the recession?
Another politico whose only contribution is "no".
You beat me to the punch, again.
True Socialism would have meant total government control over and operation of Chrysler and putting employees on the government payroll. Same with the bank bailouts (which is a misnomer because the TARP funds are loans, not cash thrown into their coffers with no accountability). If Socialism was the intent, the government would have taken over all the financial institutions. End of story. Obama is a Socialist would have been true.
Isn't it ironic, though, that the bailout of the S&L's by the Reagan administration isn't ever mentioned as being a "socialistic" maneuver? On a much smaller scale, it was the same kind of situation.