Trump Imitates Chinese Communist Party

[John Edgar Slow Horses]

It's fascism, a communitarian linking of government and business, not socialism, where the workers own the means of production.

 

[Crepitus]

And they own shares of the company, they don't have a controlling interest in it.

I've been meaning to talk to you about this bridge I have for sale....

 

[JanetTheGreat]

It's more like a bailout as we saw with the banks in 2008, except this time there are national security interests in seeing a major American chip manufacturer not go belly up.

And they own shares of the company, they don't have a controlling interest in it.

The banks shouldn't have been bailed out.

 

[Votto]

Nobody complains about creeping socialism until a republican administration. Where were y'all when Biden/Fauci took over the economy during Covid? Is there such a thing as socialism for your own good?

Hitler once said, why nationalize industry when you can nationalize the people?

Hitler understood that experts in any given field, whether it be medicine, law, or business, are better left in those areas because they are more apt to perform well than a stupid bureaucrat. His approach then became controlling those people in other ways.


Even though Hitler did not own industry in name, they took orders from him constantly in terms of their performance for the war effort or any other need he may have had, or else..........................

And looking at corporate America today, they all have embraced the wokeism of the government elite even though they are not owned in name as well, and will engage in any other endeavor that government wishes for them to do.

It's like Trump. When he was a democrat in New York, he gave millions of dollars to the democrats now trying to destroy him, just so he can do business.

 

[John Edgar Slow Horses]

The banks shouldn't have been bailed out.

That is fascism, yes.

 

[martybegan]

The banks shouldn't have been bailed out.

it was either that or have the economy collapse overnight due to a complete lack of credit.

 

[Votto]

No, not socialism.

Funny how corporations went woke isn't it.

Fascists have to fascist.

The Rise of Woke Corporations: Examining Their Impact on Society

In recent years, the term “woke corporations” has been used to refer to companies which have taken political stands on major social issues.

dividedwefall.org

 

[kyzr]

it was either that or have the economy collapse overnight due to a complete lack of credit.

They paid back every dollar with interest.

 

[Oddball]

Sen. Rand Paul (Ky.), a libertarian-minded Republican, criticized the Trump administration’s push to acquire a stake in U.S. chipmaker Intel, suggesting the move would be a “step toward socialism.”

https://thehill.com/homenews/senate/5462706-rand-paul-intel-socialism/#:~:text=by%20Sarah%20Fortinsky%20%2D%2008/20,told%20CNBC's%20%E2%80%9CSquawk%20Box.%E2%80%9D

Just curious what the full ownership by USA government of the following is not also "steps toward socialism"?
Examples of Government-Owned or Sponsored Entities:

• Amtrak: A quasi-public corporation that provides passenger rail service.
  
  
• U.S. Postal Service: An independent establishment of the executive branch of the U.S. government.
  
  
• Federal Prison Industries (UNICOR): A government corporation that provides goods and services to federal agencies.
  
  
• Commodity Credit Corporation (CCC): A government corporation that supports U.S. agriculture.
  
  
• Federal Deposit Insurance Corporation (FDIC): A government agency that insures deposits in U.S. banks.
  
  
• Fannie Mae (Federal National Mortgage Association): A government-sponsored enterprise that buys mortgages from lenders and packages them into securities.
  
  
• Freddie Mac (Federal Home Loan Mortgage Corporation): Another GSE that functions similarly to Fannie Mae in the mortgage market.
  
  
• Ginnie Mae (Government National Mortgage Association): A government-owned corporation within the Department of Housing and Urban Development that guarantees mortgage-backed securities.
  
  
• Tennessee Valley Authority (TVA): A federally owned corporation that provides electricity and other services in the Tennessee Valley.

Rand isn't wrong.

 

[martybegan]

Hitler once said, why nationalize industry when you can nationalize the people?

Hitler understood that experts in any given field, whether it be medicine, law, or business, are better left in those areas because they are more apt to perform well than a stupid bureaucrat. His approach then became controlling those people in other ways.


Even though Hitler did not own industry in name, they took orders from him constantly in terms of their performance for the war effort or any other need he may have had, or else..........................

And looking at corporate America today, they all have embraced the wokeism of the government elite even though they are not owned in name as well, and will engage in any other endeavor that government wishes for them to do.

It's like Trump. When he was a democrat in New York, he gave millions of dollars to the democrats now trying to destroy him, just so he can do business.

There was one government industry in Nazi Germany, the Hermann Goering works.

Reichswerke Hermann Göring - Wikipedia

 

[Oddball]

it was either that or have the economy collapse overnight due to a complete lack of credit.

We need to burn the village to save it!

 

[Zincwarrior]

It's more like a bailout as we saw with the banks in 2008, except this time there are national security interests in seeing a major American chip manufacturer not go belly up.

And they own shares of the company, they don't have a controlling interest in it.

Marty is correct. In the past, the US has acquired warrants and other springing equity in companies that were in financial difficulty where the US had an interest in maintaining the company or industry. in addition to financial companies noted, I believe one or more auto companies had similar bailouts.

 

[SassyIrishLass]

It's a far reach to call it socialism.

Trust me, you don't want pure socialism, ask the people of Venezuela how that worked out

 

[martybegan]

We need to burn the village to save it!

Nothing got burnt. The government was paid back.

 

[JanetTheGreat]

That is fascism, yes.

it was either that or have the economy collapse overnight due to a complete lack of credit.

I'd rather everything collapse overnight than for the fat cats to get all their wealth. A collapse would be a reset that society needs, yes, while it would hard and it would hurt a lot of people, it would reset the playing field.

 

[Oddball]

They paid back every dollar with interest.

Wells Fargo and US Bank -two *relatively * responsible actors- were forced to take bailouts, even though they didn't need them.

We've been fed so many lies about that "crisis" that it's hard to know whose story to believe.

 

[John Edgar Slow Horses]

I'd rather everything collapse overnight than for the fat cats to get all their wealth. A collapse would be a reset that society needs, yes, while it would hard and it would hurt a lot of people, it would reset the playing field.

What an idiocy.

 

[martybegan]

I'd rather everything collapse overnight than for the fat cats to get all their wealth. A collapse would be a reset that society needs, yes, while it would hard and it would hurt a lot of people, it would reset the playing field.

The old cut off your nose to spite your face method.

Never a good idea.

 

[Oddball]

Nothing got burnt. The government was paid back.

With money they printed up out of thin air, that went to banksters who didn't need it.

They scooped water out of the deep end of the pool, telling you that it was necessary to keep the shallow end from going dry.

We were all sold a massive bill of goods during that fake "crisis".

 

[JanetTheGreat]

The old cut off your nose to spite your face method.

Never a good idea.

What would you propose?