State Capitalism Comes to America
www.alternet.org
 With George Bush's approval, Treasury Secretary Henry Paulson has tripped across a line of historic dimension. Two less likely agents of
change we have seldom seen, but in executing the financial putsch on Fannie Mae and Freddie Mac, they have taken America to a new place.
Other nations have been there. In the early decades of the twentieth century Italy went there when Benito Mussolini initiated his version of state
capitalism. He was followed in Germany by Adolf Hitler and national socialism. Both were able to bring about a significant increase in prosperity,
however repugnant their other teachings and practices. (visit the link for the full news article)
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Slowly but surely, the march to fascism continues unabated. Indeed, it is encouraged and cheered on by the citizens as they see their large banking
institutions teeter on the brink of collapse. They want government to step in not realizing that the result is a state controlled economy. The
author even compares America to fascist Italy and Nazi Germany.
But, is state capitalism a good thing? I say, let the chips fall where they may. And that I hope I am not the chips.
www.alternet.org
(visit the link for the full news article)
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Daddy Bush began what Baby Bush finishes..... The "Savings and Loan Bailout" was one of the most dismal days in US trickle down economics.
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Either way we are destined to fail.
They couldnt make it work in the private sector and with the government running BILLIONS in debt eatch day, I would say that its only holding back
what must come.
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The concept behind a pipe bomb is a simple one. When the bomb is set off, the incendiary device in it creates huge pressure due to the heat and gases
produced. At some point, this pressure exceeds the ability of the container to contain it, and it explodes. The stronger the container, the more
violent the explosion. Pour gasoline on the ground and ignite it, and it will burn rapidly. Put it in an enclosed cylinder or a pipe, and it will
ignite with explosive force.
Such is the economy. We're holding the container together with patches to prevent the explosion that is coming. The longer we hold it, the more
pressure will build and the worse the resulting explosion will be.
TheRedneck
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